LBRDA · As filed with the SEC
Liberty Broadband income statement, by fiscal year
The statement as Liberty Broadband presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Operating costs and expenses: | ||||
| Operating expense (exclusive of depreciation and amortization shown separately below) | — | 257,000,000 | 245,000,000 | 253,000,000 |
| Selling, general and administrative, including stock-based compensation (note 11) | — | — | 433,000,000 | 432,000,000 |
| Selling, general and administrative, including stock-based compensation (note 11) | — | 460,000,000 | — | — |
| Depreciation and amortization | — | 207,000,000 | 230,000,000 | 262,000,000 |
| Litigation settlement, net of recoveries (note 13) | — | — | — | 67,000,000 |
| Total operating costs and expenses | — | 924,000,000 | 908,000,000 | 1,014,000,000 |
| General and administrative, including stock-based compensation | 36,000,000 | — | — | — |
| Operating income (loss) | (36,000,000) | 92,000,000 | 73,000,000 | (39,000,000) |
| Other income (expense): | ||||
| Interest expense (including amortization of deferred loan fees) | — | — | (206,000,000) | (133,000,000) |
| Interest expense (including amortization of deferred loan fees) | (110,000,000) | (194,000,000) | — | — |
| Share of earnings (losses) of affiliate (note 6) | (3,062,000,000) | 1,323,000,000 | 1,155,000,000 | 1,326,000,000 |
| Gain (loss) on dilution of investment in affiliate (note 6) | (96,000,000) | (32,000,000) | (60,000,000) | (63,000,000) |
| Realized and unrealized gains (losses) on financial instruments, net (note 5) | 51,000,000 | (125,000,000) | (101,000,000) | 334,000,000 |
| Gain (loss) on dispositions, net (note 1) | — | — | — | 179,000,000 |
| Other, net | (1,000,000) | 18,000,000 | 27,000,000 | (70,000,000) |
| Earnings (loss) before income taxes | (3,254,000,000) | 1,082,000,000 | 888,000,000 | 1,534,000,000 |
| Income tax benefit (expense) | 923,000,000 | (213,000,000) | (200,000,000) | (277,000,000) |
| Net earnings (loss) | — | 869,000,000 | 688,000,000 | 1,257,000,000 |
| Net earnings (loss) from continuing operations | (2,331,000,000) | — | — | — |
| Net earnings (loss) from discontinued operations | (345,000,000) | — | — | — |
| Net earnings (loss) | (2,676,000,000) | 869,000,000 | 688,000,000 | 1,257,000,000 |
| Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) (in Doller per share) | — | 6.08 | 4.71 | 8.01 |
| Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) (in Doller per share) | — | 6.08 | 4.68 | 7.96 |
| Basic net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | (16.30) | — | — | — |
| Basic net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | (2.41) | — | — | — |
| Diluted net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | (16.30) | — | — | — |
| Diluted net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | (2.41) | — | — | — |
| Revenue | — | 1,016,000,000 | 981,000,000 | 975,000,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
