Quarterly report [Sections 13 or 15(d)]

Information About Liberty's Operating Segments (Tables)

v3.26.1
Information About Liberty's Operating Segments (Tables)
3 Months Ended
Mar. 31, 2026
Information About Liberty's Operating Segments  
Schedule of performance measures

Three months ended March 31, 2026

  ​ ​ ​

  ​ ​ ​

Reportable

Corporate and

  ​ ​ ​

  ​ ​ ​

Formula 1

MotoGP

segments total

Other

Eliminations

Total

amounts in millions

Revenue:

Primary revenue

$

496

83

579

579

Other revenue

121

11

132

6

(6)

132

Total revenue

617

94

711

6

(6)

711

Operating expenses:

 

 

 

Team payments

(184)

(184)

(184)

Other cost of revenue

(176)

(59)

(235)

6

(229)

Selling, general and administrative, excluding stock-based compensation

(85)

(19)

(104)

(13)

(117)

Adjusted OIBDA

$

172

16

188

(7)

181

Three months ended March 31, 2025

  ​ ​ ​

  ​ ​ ​

Corporate and

  ​ ​ ​

  ​ ​ ​

Formula 1

Other

Eliminations

Total

amounts in millions

Revenue:

Primary revenue

$

319

319

Other revenue

84

53

(9)

128

Total revenue

403

53

(9)

447

Operating expenses:

 

 

 

Team payments

(114)

(114)

Other cost of revenue

(128)

(39)

6

(161)

Selling, general and administrative, excluding stock-based compensation

(76)

(26)

3

(99)

Adjusted OIBDA

$

85

(12)

73

Schedule of other information by segment

March 31, 2026

amounts in millions

Formula 1

$

8,738

MotoGP

6,221

Corporate and other

 

1,512

 

Elimination

(579)

Total Assets

$

15,892

 

Schedule Of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) from continuing operations before income taxes

Three months ended

March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

 

amounts in millions

Adjusted OIBDA

$

181

 

73

Concorde incentive payments

(50)

Acquisition costs

(11)

Stock-based compensation

 

(5)

 

(2)

Depreciation and amortization

 

(112)

 

(77)

Operating income (loss)

64

(67)

Interest expense

 

(68)

 

(48)

Realized and unrealized gains (losses) on financial instruments, net

 

57

 

75

Other, net

 

5

 

31

Earnings (loss) from continuing operations before income taxes

$

58

 

(9)