Liberty Broadband Series A
Built around an equity-method Charter Communications investment with shared Liberty corporate services.
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Profile
Built around an equity-method investment in Charter Communications, it relies on shared Liberty corporate services rather than directly operating the former GCI telecom business. Its structure is shaped by a pending all-stock combination with Charter.
Built around an equity-method investment in Charter Communications, the current business is a concentrated public-company ownership position rather than a diversified operating group. Shared Liberty corporate services administer the company, while the former GCI communications business became an independent company after its divestiture.
Corporate transactions define the present structure. A Liberty Media spin-off created the company; a later combination with GCI Liberty temporarily added an operating telecom subsidiary and related Charter interests. The GCI divestiture returned the scope to the Charter relationship. A pending all-stock combination with Charter remains the central structural dependency.
Company facts
Categories
Key statistics
Year to date −25.8% · Average volume (30d) 262.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating |
|---|---|---|---|---|
| Nov 15, 2024 | Deutsche Bank | Downgrade | Buy | Hold |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $2.13 | −$14.86 | −797.7% | — | — | — | +2.97% |
| Jul 29, 2026Q2 FY26 | $2.13 | $14.86 | +597.7% | — | — | — | −2.14% |
| Apr 28, 2026Q1 FY26 | $2.70 | $1.41 | −47.8% | — | $266.0M | — | −7.81% |
| Feb 5, 2026Q4 FY25 | $1.64 | −$22.21 | −1,454.3% | $273.3M | — | — | +3.31% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $266.0M | $261.0M | $0 | $0 | $0 | $0 | |
| Gross profit | $208.0M | $203.0M | $0 | $0 | $0 | $0 | |
| Operating income | $43.0M | $41.0M | −$8.0M | −$5.0M | −$5.0M | −$4.0M | |
| Net income | $268.0M | $383.0M | −$154.0M | −$3.17B | $203.0M | −$2.13B | |
| Diluted EPS | $1.87 | $2.68 | −$1.08 | −$22.11 | $1.41 | −$14.86 | |
| Gross margin | 78.2% | 77.8% | — | — | — | — | |
| Operating margin | 16.2% | 15.7% | — | — | — | — |
Fiscal years (4-quarter sums)FY21 $987.7M · FY22 $975.0M · FY23 $981.0M · FY24 $1.02B · FY25 $527.0M
Revenue by product · FY24
Revenue by geography · FY24
Balance sheet, Jun 30, 2026Cash & short-term investments $43.0M · Total debt $1.22B · Total assets $5.68B · Shareholders' equity $3.75B
Dividends
No dividends on record.
Ownership
Shares outstanding 143.86M · Float 130.67M · 90.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| John C. Malone · director, 10 percent owner: | 6.61M | 4.60% | Form 4 | Aug 20, 2026 |
| Vanguard Capital Management | 6.26M | 5.01% | 13G | Jul 31, 2026 |
| Barclays PLC | 1.40M | 7.64% | 13G | Feb 11, 2026 |
| Aristeia Capital LLC | 1.26M | 0.88% | 13F | Aug 14, 2026 |
| BlackRock, Inc. | 1.24M | 0.86% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 15, 2026 | Renee L. Wilm | officer: Chief Legal/Admin Officer | −239 | $33.32 |
| Feb 18, 2026 | J. David Wargo | director | −25,000 | $55.50 |
| Feb 10, 2026 | J. David Wargo | director | −46,682 | $57.31 |
| Dec 5, 2025 | J. David Wargo | director | −2,889 | $47.10 |
Peers
- AT&T
Fiber, fixed wireless and mobile connectivity competitor
- Verizon
Fiber, fixed wireless and mobile connectivity competitor
- T-Mobile
5G mobile and home internet competitor
- Comcast
Cable, broadband, wireless and video competitor under Xfinity
