Liberty Media CorpFWONAEarnings & Financial Report
Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has two divisions, represented by separate tracking stocks, reflecting its ownership stakes in the Formula One Group and Live Nation Entertainment. As of 2025, Liberty Media owned three global motorsport businesses in the form of Formula One, MotoGP and World Superbikes.
Revenue
$2.7B
Gross Profit
N/A
Operating Profit
$502.0M
Net Profit
$203.0M
Gross Margin
N/A
Operating Margin
18.3%
Net Margin
7.4%
YoY Growth
7.6%
Financial Flow
Liberty Media Corp Q1 2024 Financial Summary
Liberty Media Corp reported revenue of $2.7B (up 7.6% YoY) for Q1 2024, with a net profit of $203.0M (up 1253.3% YoY) (7.4% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $2.7B |
|---|---|
| Net Profit | $203.0M |
| Gross Margin | N/A |
| Operating Margin | 18.3% |
| Report Period | Q1 2024 |
Revenue Breakdown
Liberty Media Corp Q1 2024 revenue of $2.7B breaks down across 4 segments, led by Sirius Xm Holdings Revenue at $2.2B (78.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sirius Xm Holdings Revenue | $2.2B | 78.6% |
| Formula One | $550.0M | 20.0% |
| Liberty Formula One Group | $44.0M | 1.6% |
| Product Service Or Other | $37.0M | 1.3% |
Liberty Media Corp Revenue by Segment — Quarterly Trend
Liberty Media Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Sirius Xm Holdings Revenue and Formula One) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Formula One | $1.4B | — | $1.2B | — |
| Product Service Or Other | $131.0M | $61.0M | $138.0M | $47.0M |
Liberty Media Corp Annual Revenue by Year
Liberty Media Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.5B |
| 2024 | $3.7B |
| 2023 | $3.6B |
| 2022 | $3.2B |
Liberty Media Corp Quarterly Revenue & Net Profit History
Liberty Media Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $1.6B | +150.7% | $333.0M | 20.7% |
| Q3 2025 | $1.1B | +19.1% | $13.0M | 1.2% |
| Q2 2025 | $1.3B | -57.6% | $204.0M | 15.2% |
| Q1 2025 | $447.0M | -83.7% | $5.0M | 1.1% |
| Q4 2024 | $-3.2B | -190.2% | $-355.0M | 11.2% |
| Q3 2024 | $911.0M | -71.6% | $-2.4B | -259.9% |
| Q2 2024 | $3.2B | -2.4% | $457.0M | 14.4% |
| Q1 2024 | $2.7B | +7.6% | $203.0M | 7.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.75B | $3.17B | $911.0M | $-3.17B | $447.0M | $1.34B | $1.08B | $1.61B |
| YoY Growth | 7.6% | -2.4% | -71.6% | -190.2% | -83.7% | -57.6% | 19.1% | 150.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.41B | $42.63B | $13.21B | $12.95B | $13.29B | $13.82B | $17.82B | $15.40B |
| Liabilities | $22.76B | $22.43B | $5.75B | $5.90B | $6.23B | $6.46B | $9.73B | $6.95B |
| Equity | $16.55B | $17.06B | $7.44B | $7.03B | $7.04B | $7.34B | $7.38B | $7.76B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $395.0M | $752.0M | $182.0M | $-23.0M | $381.0M | $231.0M | $173.0M | $123.0M |