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Side-by-side financial comparison of ALLIANCE ENTERTAINMENT HOLDING CORP (AENT) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

ALLIANCE ENTERTAINMENT HOLDING CORP is the larger business by last-quarter revenue ($368.7M vs $261.0M, roughly 1.4× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs 2.5%, a 144.2% gap on every dollar of revenue. On growth, Liberty Broadband Corp posted the faster year-over-year revenue change (6.1% vs -6.3%). Liberty Broadband Corp produced more free cash flow last quarter ($37.0M vs $-16.9M). Over the past eight quarters, ALLIANCE ENTERTAINMENT HOLDING CORP's revenue compounded faster (32.1% CAGR vs 4.3%).

Alliance Atlantis Communications Inc. was a media company that operated primarily as a specialty service provider in Canada. Primarily based in Toronto, Alliance Atlantis also had offices in Halifax, Los Angeles, London, Dublin, Madrid, Barcelona, Shannon, and Sydney.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

AENT vs LBRDA — Head-to-Head

Bigger by revenue
AENT
AENT
1.4× larger
AENT
$368.7M
$261.0M
LBRDA
Growing faster (revenue YoY)
LBRDA
LBRDA
+12.4% gap
LBRDA
6.1%
-6.3%
AENT
Higher net margin
LBRDA
LBRDA
144.2% more per $
LBRDA
146.7%
2.5%
AENT
More free cash flow
LBRDA
LBRDA
$53.9M more FCF
LBRDA
$37.0M
$-16.9M
AENT
Faster 2-yr revenue CAGR
AENT
AENT
Annualised
AENT
32.1%
4.3%
LBRDA

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
AENT
AENT
LBRDA
LBRDA
Revenue
$368.7M
$261.0M
Net Profit
$9.4M
$383.0M
Gross Margin
Operating Margin
4.7%
15.7%
Net Margin
2.5%
146.7%
Revenue YoY
-6.3%
6.1%
Net Profit YoY
32.8%
96.4%
EPS (diluted)
$0.18
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AENT
AENT
LBRDA
LBRDA
Q4 25
$368.7M
Q3 25
$254.0M
Q2 25
$227.8M
$261.0M
Q1 25
$213.0M
$266.0M
Q4 24
$393.7M
$263.0M
Q3 24
$229.0M
$262.0M
Q2 24
$236.9M
$246.0M
Q1 24
$211.2M
$245.0M
Net Profit
AENT
AENT
LBRDA
LBRDA
Q4 25
$9.4M
Q3 25
$4.9M
Q2 25
$5.8M
$383.0M
Q1 25
$1.9M
$268.0M
Q4 24
$7.1M
$291.0M
Q3 24
$397.0K
$142.0M
Q2 24
$2.5M
$195.0M
Q1 24
$-3.4M
$241.0M
Operating Margin
AENT
AENT
LBRDA
LBRDA
Q4 25
4.7%
Q3 25
4.2%
Q2 25
4.3%
15.7%
Q1 25
1.7%
16.2%
Q4 24
3.8%
4.9%
Q3 24
0.9%
11.5%
Q2 24
0.2%
8.5%
Q1 24
-0.3%
11.4%
Net Margin
AENT
AENT
LBRDA
LBRDA
Q4 25
2.5%
Q3 25
1.9%
Q2 25
2.5%
146.7%
Q1 25
0.9%
100.8%
Q4 24
1.8%
110.6%
Q3 24
0.2%
54.2%
Q2 24
1.1%
79.3%
Q1 24
-1.6%
98.4%
EPS (diluted)
AENT
AENT
LBRDA
LBRDA
Q4 25
$0.18
Q3 25
$0.10
Q2 25
$0.11
$2.68
Q1 25
$0.04
$1.87
Q4 24
$0.14
$2.04
Q3 24
$0.01
$0.99
Q2 24
$0.05
$1.36
Q1 24
$-0.07
$1.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AENT
AENT
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$117.6M
$10.4B
Total Assets
$434.1M
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AENT
AENT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
$180.0M
Q1 25
$226.0M
Q4 24
$163.0M
Q3 24
$4.3M
$168.0M
Q2 24
$1.1M
$73.0M
Q1 24
$1.6M
$108.0M
Total Debt
AENT
AENT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Q1 24
$3.6B
Stockholders' Equity
AENT
AENT
LBRDA
LBRDA
Q4 25
$117.6M
Q3 25
$108.1M
Q2 25
$103.2M
$10.4B
Q1 25
$97.4M
$10.1B
Q4 24
$95.6M
$9.8B
Q3 24
$88.0M
$9.5B
Q2 24
$87.6M
$9.3B
Q1 24
$85.1M
$9.1B
Total Assets
AENT
AENT
LBRDA
LBRDA
Q4 25
$434.1M
Q3 25
$383.0M
Q2 25
$361.2M
$16.6B
Q1 25
$349.4M
$17.0B
Q4 24
$401.7M
$16.7B
Q3 24
$395.7M
$16.3B
Q2 24
$340.8M
$16.0B
Q1 24
$324.0M
$15.7B
Debt / Equity
AENT
AENT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AENT
AENT
LBRDA
LBRDA
Operating Cash FlowLast quarter
$-16.5M
$91.0M
Free Cash FlowOCF − Capex
$-16.9M
$37.0M
FCF MarginFCF / Revenue
-4.6%
14.2%
Capex IntensityCapex / Revenue
0.1%
20.7%
Cash ConversionOCF / Net Profit
-1.76×
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-1.4M
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AENT
AENT
LBRDA
LBRDA
Q4 25
$-16.5M
Q3 25
$2.7M
Q2 25
$10.7M
$91.0M
Q1 25
$2.5M
$78.0M
Q4 24
$25.3M
$1.0M
Q3 24
$-11.6M
$24.0M
Q2 24
$9.7M
$27.0M
Q1 24
$20.0M
$52.0M
Free Cash Flow
AENT
AENT
LBRDA
LBRDA
Q4 25
$-16.9M
Q3 25
$2.4M
Q2 25
$10.7M
$37.0M
Q1 25
$2.4M
$13.0M
Q4 24
$-63.0M
Q3 24
$-11.6M
$-36.0M
Q2 24
$-35.0M
Q1 24
$20.0M
$-9.0M
FCF Margin
AENT
AENT
LBRDA
LBRDA
Q4 25
-4.6%
Q3 25
0.9%
Q2 25
4.7%
14.2%
Q1 25
1.1%
4.9%
Q4 24
-24.0%
Q3 24
-5.1%
-13.7%
Q2 24
-14.2%
Q1 24
9.4%
-3.7%
Capex Intensity
AENT
AENT
LBRDA
LBRDA
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.0%
20.7%
Q1 25
0.0%
24.4%
Q4 24
0.0%
24.3%
Q3 24
0.0%
22.9%
Q2 24
25.2%
Q1 24
0.0%
24.9%
Cash Conversion
AENT
AENT
LBRDA
LBRDA
Q4 25
-1.76×
Q3 25
0.56×
Q2 25
1.86×
0.24×
Q1 25
1.33×
0.29×
Q4 24
3.57×
0.00×
Q3 24
-29.31×
0.17×
Q2 24
3.85×
0.14×
Q1 24
0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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