Liberty Broadband Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,016	1,016	981	975	988	51
Revenue	1,016	1,016	981	975	988	51
Revenue Growth (YoY)	306.40%	3.57%	0.61%	-1.32%	1837.26%	240.00%
Cost of Revenue	257	257	245	253	282	20
Gross Profit	759	759	736	722	706	31
Selling, General & Admin	462	460	433	432	442	76
Operating Expenses	669	667	663	694	709	91
Operating Income	90	92	73	28	-3	-60
Interest Expense	-167	-194	-206	-133	-117	-28
Earnings From Equity Investments	1,358	1,323	1,155	1,326	1,194	713
Other Non Operating Income (Expenses)	21	-107	-74	264	61	-80
EBT Excluding Unusual Items	1,302	1,114	948	1,485	1,135	545
Gain (Loss) on Sale of Investments	-42	-32	-60	-63	-102	-184
Gain (Loss) on Sale of Assets	-	-	-	179	12	-
Legal Settlements	-	-	-	-67	-95	-
Pretax Income	1,260	1,082	888	1,534	950	361
Income Tax Expense	69	213	200	277	218	-37
Net Income	788	869	688	1,257	732	398
Net Income to Common	788	869	688	1,257	732	398
Net Income Growth	0.64%	26.31%	-45.27%	71.72%	83.92%	240.17%
Shares Outstanding (Basic)	143	143	146	157	185	182
Shares Outstanding (Diluted)	143	143	147	158	186	183
Shares Change (YoY)	-0.69%	-2.72%	-6.96%	-15.05%	1.64%	0.12%
EPS (Basic)	5.51	6.08	4.71	8.01	3.96	2.19
EPS (Diluted)	5.51	6.08	4.68	7.96	3.93	2.17
EPS Growth	1.38%	29.85%	-41.21%	102.55%	81.11%	239.06%
Free Cash Flow	-95	-143	-206	-237	-131	-98
Free Cash Flow Per Share	-0.66	-1.00	-1.40	-1.50	-0.70	-0.54
Gross Margin	74.70%	74.70%	75.02%	74.05%	71.46%	60.78%
Operating Margin	8.86%	9.05%	7.44%	2.87%	-0.30%	-117.65%
Profit Margin	77.56%	85.53%	70.13%	128.92%	74.09%	780.39%
Free Cash Flow Margin	-9.35%	-14.07%	-21.00%	-24.31%	-13.26%	-192.16%
EBITDA	296	299	303	290	264	-45
EBITDA Margin	29.13%	29.43%	30.89%	29.74%	26.72%	-88.23%
D&A For EBITDA	206	207	230	262	267	15
EBIT	90	92	73	28	-3	-60
EBIT Margin	8.86%	9.05%	7.44%	2.87%	-0.30%	-117.65%
Effective Tax Rate	5.48%	19.69%	22.52%	18.06%	22.95%	-
Advertising Expenses	-	7	5	4	5	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.