For the twelve months ended Sep 30, 2026, Liberty Media Corporation reported $4.48B of revenue and $558.00M of net income.
FWONK revenue was $1.23B in fiscal Q3 2026 (ended Sep 30, 2026), up 13.0% from a year earlier and up 31.3% from the prior quarter. For the full fiscal 2025 it was $4.48B, up 22.7% from fiscal 2024. Compound annual growth was -13.7% over 5 years and -0.7% over 10 years. It rose in 8 of the last 10 fiscal years.
FWONK net income was $163.00M in fiscal Q3 2026 (ended Sep 30, 2026), up about 13-fold from a year earlier and up about 33-fold from the prior quarter. For the full fiscal 2025 it was $555.00M, compared with -$2.06B in fiscal 2024. Compound annual growth was +24.1% over 10 years.
FWONK diluted EPS was $0.43 in fiscal Q3 2026 (ended Sep 30, 2026), up 79.2% from a year earlier. For the full fiscal 2015 it was $0.19, down 63.5% from fiscal 2014.
FWONK free cash flow was $337.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 85.2% from a year earlier and up 24.4% from the prior quarter. For the full fiscal 2025 it was $789.00M, up 60.4% from fiscal 2024. Compound annual growth was -9.2% over 5 years and -1.7% over 10 years. It rose in 6 of the last 10 fiscal years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.48B | $3.65B | $3.57B | $3.16B | $11.40B | $9.36B | $10.29B | $8.04B | $7.59B | $5.28B |
| Cost of revenue | - | - | - | - | - | - | - | - | $1.22B | - |
| Gross profit | - | - | - | - | - | - | - | - | $6.38B | - |
| Selling, general and admin | $514.00M | $421.00M | $659.00M | $393.00M | $1.91B | $1.75B | $1.80B | $1.18B | $1.15B | $886.00M |
| Operating income | $577.00M | $287.00M | $266.00M | $145.00M | $1.98B | $177.00M | $1.47B | $1.51B | $1.39B | $1.73B |
| Interest expense | $249.00M | $208.00M | $234.00M | $186.00M | $642.00M | $634.00M | $657.00M | $606.00M | $591.00M | $362.00M |
| Pre-tax income | $733.00M | -$24.00M | $97.00M | $707.00M | $789.00M | -$1.44B | $513.00M | $1.04B | $827.00M | $1.42B |
| Income tax | $137.00M | $44.00M | $24.00M | -$202.00M | $45.00M | -$44.00M | $166.00M | $176.00M | -$1.06B | $495.00M |
| Net income | $555.00M | -$2.06B | $761.00M | $1.81B | $398.00M | -$1.42B | $106.00M | $531.00M | $1.35B | $680.00M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.05B | $2.63B | $1.41B | $1.88B | $2.81B | $2.88B | $1.31B | $452.00M | $1.05B | $572.00M |
| Receivables | $115.00M | $114.00M | $123.00M | $837.00M | $828.00M | $823.00M | $767.00M | $364.00M | $358.00M | $240.00M |
| Current assets | $1.37B | $3.35B | $3.38B | $3.85B | $4.81B | $4.03B | $2.40B | $1.08B | $1.74B | $1.03B |
| Goodwill | $7.03B | $4.13B | $3.96B | $4.13B | $19.25B | $19.22B | $19.94B | $18.39B | $18.38B | $14.35B |
| Total assets | $15.40B | $13.00B | $41.33B | $42.46B | $44.35B | $44.00B | $44.19B | $40.83B | $42.00B | $31.38B |
| Current liabilities | $939.00M | $1.13B | $4.74B | $5.41B | $6.61B | $4.49B | $3.89B | $3.24B | $3.98B | $2.87B |
| Short-term debt | $52.00M | $26.00M | $106.00M | $1.68B | $2.89B | $743.00M | $60.00M | $17.00M | $768.00M | $5.00M |
| Long-term debt | $5.05B | $2.97B | $4.12B | $14.95B | $15.70B | $16.69B | $15.42B | $13.37B | $13.19B | $8.01B |
| Total debt | $5.10B | $2.99B | $4.22B | $16.63B | $18.59B | $17.43B | $15.48B | $13.39B | $13.95B | $8.02B |
| Total liabilities | $6.95B | $5.95B | $21.88B | $23.34B | $25.51B | $24.40B | $22.26B | $19.13B | $19.42B | $13.66B |
| Shareholders' equity | $7.76B | $7.05B | $19.45B | $19.13B | $18.26B | $19.60B | $21.93B | $21.70B | $22.57B | $17.72B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $908.00M | $567.00M | $651.00M | $578.00M | $2.44B | $1.73B | $2.31B | $2.16B | $1.73B | $2.17B |
| Capital expenditures | $119.00M | $75.00M | $461.00M | $309.00M | $440.00M | $452.00M | $510.00M | $403.00M | $517.00M | $568.00M |
| Free cash flow | $789.00M | $492.00M | $190.00M | $269.00M | $2.00B | $1.28B | $1.80B | $1.75B | $1.22B | $1.60B |
| Investing cash flow | -$3.20B | -$292.00M | -$545.00M | $447.00M | -$689.00M | -$736.00M | $314.00M | -$370.00M | -$3.14B | -$1.26B |
| Financing cash flow | $694.00M | $965.00M | -$605.00M | -$1.44B | -$1.70B | $574.00M | -$1.77B | -$2.38B | $1.88B | -$546.00M |
| Share repurchases | - | - | - | $37.00M | $555.00M | $318.00M | $443.00M | $466.00M | - | - |
| Stock-based compensation | $21.00M | $30.00M | $27.00M | $28.00M | $256.00M | $261.00M | $312.00M | $192.00M | $230.00M | $150.00M |
| Depreciation and amortization | $393.00M | $352.00M | $406.00M | $433.00M | $1.07B | $1.08B | $1.06B | $905.00M | $824.00M | $354.00M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 22.7% | 2.3% | 13.0% | -72.3% | 21.8% | -9.0% | 28.0% | 5.9% | 43.9% | 10.0% |
| Net income growth, YoY | - | - | -58.1% | 356.0% | - | - | -80.0% | -60.8% | 99.1% | 962.5% |
| Gross margin | - | - | - | - | - | - | - | - | 83.9% | - |
| Operating margin | 12.9% | 7.9% | 7.4% | 4.6% | 17.3% | 1.9% | 14.3% | 18.8% | 18.4% | 32.9% |
| Net margin | 12.4% | -56.5% | 21.3% | 57.4% | 3.5% | -15.2% | 1.0% | 6.6% | 17.8% | 12.9% |
| Free cash flow margin | 17.6% | 13.5% | 5.3% | 8.5% | 17.5% | 13.6% | 17.5% | 21.8% | 16.0% | 30.4% |
| Return on equity | 7.2% | -29.3% | 3.9% | 9.5% | 2.2% | -7.2% | 0.5% | 2.4% | 6.0% | 3.8% |
| Return on assets | 3.6% | -15.9% | 1.8% | 4.3% | 0.9% | -3.2% | 0.2% | 1.3% | 3.2% | 2.2% |
| Current ratio | 1.46 | 2.95 | 0.71 | 0.71 | 0.73 | 0.90 | 0.62 | 0.33 | 0.44 | 0.36 |
| Debt to equity | 0.66 | 0.42 | 0.22 | 0.87 | 1.02 | 0.89 | 0.71 | 0.62 | 0.62 | 0.45 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $934.00M | $711.00M | $1.61B | $1.08B | $1.34B | $447.00M | $1.17B | $911.00M | $988.00M | $587.00M | $1.23B |
| Selling, general and admin | $147.00M | $129.00M | $122.00M | $171.00M | $131.00M | $111.00M | $101.00M | $111.00M | $118.00M | $98.00M | $93.00M | $362.00M |
| Operating income | $237.00M | $88.00M | $64.00M | $206.00M | $158.00M | $280.00M | -$67.00M | $23.00M | $110.00M | $59.00M | $95.00M | $116.00M |
| Interest expense | $69.00M | $68.00M | $68.00M | $73.00M | $79.00M | $49.00M | $48.00M | $24.00M | $62.00M | $60.00M | $62.00M | $46.00M |
| Pre-tax income | $244.00M | $33.00M | $58.00M | $197.00M | $86.00M | $459.00M | -$9.00M | -$359.00M | $135.00M | $193.00M | $7.00M | $19.00M |
| Income tax | $82.00M | $25.00M | $5.00M | $67.00M | $23.00M | $73.00M | -$26.00M | $3.00M | $3.00M | $35.00M | $3.00M | -$13.00M |
| Net income | $163.00M | $5.00M | $57.00M | $333.00M | $13.00M | $204.00M | $5.00M | -$357.00M | -$2.87B | $507.00M | $245.00M | $164.00M |
| EPS, basic | $0.65 | - | - | - | $0.26 | - | - | - | - | - | - | - |
| EPS, diluted | $0.43 | - | - | - | $0.24 | - | - | - | - | - | - | - |
| Diluted shares | 264.0M | - | - | - | 261.0M | - | - | - | - | - | - | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.76B | $1.47B | $1.33B | $1.05B | $1.59B | $3.45B | $3.15B | $2.63B | $3.05B | $2.08B | $1.67B | $1.41B |
| Short-term investments | $581.00M | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | $204.00M | $255.00M | $262.00M | $115.00M | $303.00M | $144.00M | $144.00M | $114.00M | $122.00M | $826.00M | $789.00M | $123.00M |
| Current assets | $3.08B | $2.11B | $1.96B | $1.37B | $2.36B | $4.10B | $3.67B | $3.35B | $3.68B | $3.64B | $3.19B | $3.38B |
| Goodwill | $6.87B | $6.88B | $6.96B | $7.03B | $7.20B | $4.13B | $4.13B | $4.13B | $4.19B | $19.40B | $19.40B | $3.96B |
| Total assets | $16.75B | $15.88B | $15.89B | $15.40B | $17.82B | $13.82B | $13.29B | $13.00B | $13.21B | $42.63B | $42.41B | $41.33B |
| Current liabilities | $2.34B | $1.67B | $1.45B | $939.00M | $3.53B | $3.10B | $1.45B | $1.13B | $1.27B | $4.47B | $4.87B | $4.74B |
| Short-term debt | $635.00M | $72.00M | $53.00M | $52.00M | $1.92B | $1.80B | $30.00M | $26.00M | $76.00M | $685.00M | $1.19B | $106.00M |
| Long-term debt | $4.89B | $4.85B | $4.97B | $5.05B | $5.12B | $3.00B | $4.53B | $2.97B | $4.29B | $14.34B | $14.26B | $4.12B |
| Total debt | $5.53B | $4.92B | $5.02B | $5.10B | $7.04B | $4.80B | $4.56B | $2.99B | $4.37B | $15.03B | $15.44B | $4.22B |
| Total liabilities | $8.21B | $7.50B | $7.49B | $6.95B | $9.73B | $6.46B | $6.23B | $5.95B | $5.75B | $22.43B | $22.76B | $21.88B |
| Shareholders' equity | $7.88B | $7.62B | $7.73B | $7.76B | $7.40B | $7.36B | $7.06B | $7.05B | $7.46B | $20.21B | $19.64B | $19.45B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $382.00M | $316.00M | $357.00M | $94.00M | $185.00M | $238.00M | $391.00M | -$9.00M | $182.00M | $263.00M | $131.00M | $71.00M |
| Capital expenditures | $45.00M | $45.00M | $20.00M | $61.00M | $3.00M | $22.00M | $33.00M | $23.00M | $12.00M | $13.00M | $27.00M | $118.00M |
| Free cash flow | $337.00M | $271.00M | $337.00M | $33.00M | $182.00M | $216.00M | $358.00M | -$32.00M | $170.00M | $250.00M | $104.00M | -$47.00M |
| Investing cash flow | -$630.00M | -$53.00M | -$25.00M | -$64.00M | -$3.02B | $60.00M | -$180.00M | -$120.00M | $28.00M | $96.00M | -$296.00M | -$120.00M |
| Financing cash flow | $546.00M | -$127.00M | -$52.00M | -$295.00M | $981.00M | $21.00M | -$13.00M | $22.00M | $937.00M | $15.00M | -$9.00M | -$329.00M |
| Stock-based compensation | $6.00M | $6.00M | $5.00M | $6.00M | $7.00M | $6.00M | $2.00M | $3.00M | $7.00M | $7.00M | $13.00M | $5.00M |
| Depreciation and amortization | $110.00M | $112.00M | $112.00M | $118.00M | $118.00M | $80.00M | $77.00M | $89.00M | $88.00M | $89.00M | $86.00M | $115.00M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 13.0% | -30.4% | 59.1% | 37.9% | 19.1% | 35.7% | -23.9% | -5.1% | -2.7% | -0.6% | 42.5% | - |
| Net income growth, YoY | 1153.8% | -97.5% | 1040.0% | - | - | -59.8% | -98.0% | - | - | 67.3% | 371.2% | -70.8% |
| EPS growth, YoY | 79.2% | - | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 19.3% | 9.4% | 9.0% | 12.8% | 14.6% | 20.9% | -15.0% | 2.0% | 12.1% | 6.0% | 16.2% | 9.4% |
| Net margin | 13.3% | 0.5% | 8.0% | 20.7% | 1.2% | 15.2% | 1.1% | -30.6% | -315.0% | 51.3% | 41.7% | 13.3% |
| Free cash flow margin | 27.5% | 29.0% | 47.4% | 2.1% | 16.8% | 16.1% | 80.1% | -2.7% | 18.7% | 25.3% | 17.7% | -3.8% |
| Current ratio | 1.32 | 1.27 | 1.35 | 1.46 | 0.67 | 1.32 | 2.54 | 2.95 | 2.89 | 0.81 | 0.66 | 0.71 |
| Debt to equity | 0.70 | 0.65 | 0.65 | 0.66 | 0.95 | 0.65 | 0.65 | 0.42 | 0.59 | 0.74 | 0.79 | 0.22 |
Source: XBRL data Liberty Media Corporation files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 3-for-1, first reported Aug 5, 2014.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| FWONK | $4.48B | +10.9% | $558.00M | 12.5% | $25.79B |
| SPOT | €17.19B | +9.7% | €2.21B | 12.9% | $128.36B |
| SKYD | $28.76B | - | -$14.00M | -0.0% | $43.87B |
| FOXA | $17.96B | +9.0% | $2.03B | 11.3% | $28.55B |
| FWONA | $4.48B | +10.9% | $558.00M | 12.5% | $25.79B |
| FOX | $17.96B | +9.0% | $2.03B | 11.3% | $25.52B |
| TME | CN¥32.90B | +15.8% | CN¥11.06B | 33.6% | $14.76B |
| SIRI | $8.60B | +0.5% | $900.00M | 10.5% | $10.99B |
| NXST | $6.81B | +32.3% | $373.00M | 5.5% | $6.20B |