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Side-by-side financial comparison of BioNTech SE (BNTX) and Liberty Global Ltd. (LBTYA). Click either name above to swap in a different company.

Liberty Global Ltd. is the larger business by last-quarter revenue ($2.4B vs $1.5B, roughly 1.6× BioNTech SE). Liberty Global Ltd. runs the higher net margin — 15.0% vs -1.9%, a 16.9% gap on every dollar of revenue.

BioNTech SE is a German multinational biotechnology company headquartered in Mainz that develops immunotherapies and vaccines, particularly for cancer and infectious diseases.

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).

BNTX vs LBTYA — Head-to-Head

Bigger by revenue
LBTYA
LBTYA
1.6× larger
LBTYA
$2.4B
$1.5B
BNTX
Higher net margin
LBTYA
LBTYA
16.9% more per $
LBTYA
15.0%
-1.9%
BNTX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BNTX
BNTX
LBTYA
LBTYA
Revenue
$1.5B
$2.4B
Net Profit
$-28.7M
$358.2M
Gross Margin
Operating Margin
-3.1%
1.0%
Net Margin
-1.9%
15.0%
Revenue YoY
-3.6%
Net Profit YoY
127.1%
EPS (diluted)

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
BNTX
BNTX
LBTYA
LBTYA
Q1 26
$2.4B
Q4 25
$1.2B
Q3 25
$1.5B
$1.2B
Q2 25
$260.8M
$1.3B
Q1 25
$1.2B
Q4 24
$-1.4B
Q3 24
$1.2B
$1.9B
Q2 24
$1.9B
Net Profit
BNTX
BNTX
LBTYA
LBTYA
Q1 26
$358.2M
Q4 25
$-2.9B
Q3 25
$-28.7M
$-90.7M
Q2 25
$-386.6M
$-2.8B
Q1 25
$-1.3B
Q4 24
$2.2B
Q3 24
$198.1M
$-1.4B
Q2 24
$268.1M
Gross Margin
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
66.8%
Q3 25
67.5%
Q2 25
63.3%
Q1 25
65.6%
Q4 24
Q3 24
69.4%
Q2 24
68.5%
Operating Margin
BNTX
BNTX
LBTYA
LBTYA
Q1 26
1.0%
Q4 25
-8.6%
Q3 25
-3.1%
-0.7%
Q2 25
-192.1%
2.3%
Q1 25
5.2%
Q4 24
Q3 24
0.8%
5.2%
Q2 24
1.0%
Net Margin
BNTX
BNTX
LBTYA
LBTYA
Q1 26
15.0%
Q4 25
-237.0%
Q3 25
-1.9%
-7.5%
Q2 25
-148.2%
-220.1%
Q1 25
-114.2%
Q4 24
-158.9%
Q3 24
15.9%
-74.1%
Q2 24
14.3%
EPS (diluted)
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
$-8.66
Q3 25
$-0.27
Q2 25
$-8.09
Q1 25
$-3.84
Q4 24
$6.15
Q3 24
$-3.95
Q2 24
$0.71

Balance Sheet & Financial Strength

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

Metric
BNTX
BNTX
LBTYA
LBTYA
Cash + ST InvestmentsLiquidity on hand
$-387.3M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNTX
BNTX
LBTYA
LBTYA
Q1 26
$-387.3M
Q4 25
$2.2B
Q3 25
$1.7B
Q2 25
$3.1B
Q1 25
$2.0B
Q4 24
$2.2B
Q3 24
$3.3B
Q2 24
$3.2B
Total Debt
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
$7.8B
Q3 25
$7.8B
Q2 25
$7.8B
Q1 25
$8.2B
Q4 24
$8.2B
Q3 24
$14.9B
Q2 24
$14.7B
Stockholders' Equity
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
$9.7B
Q3 25
$12.7B
Q2 25
$13.0B
Q1 25
$12.6B
Q4 24
$12.4B
Q3 24
$18.7B
Q2 24
$18.3B
Total Assets
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
$22.6B
Q3 25
$25.4B
Q2 25
$27.2B
Q1 25
$26.0B
Q4 24
$25.4B
Q3 24
$41.8B
Q2 24
$40.8B
Debt / Equity
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
0.80×
Q3 25
0.61×
Q2 25
0.60×
Q1 25
0.65×
Q4 24
0.66×
Q3 24
0.80×
Q2 24
0.80×

Cash Flow & Capital Efficiency

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

Metric
BNTX
BNTX
LBTYA
LBTYA
Operating Cash FlowLast quarter
$107.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.30×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNTX
BNTX
LBTYA
LBTYA
Q1 26
$107.6M
Q4 25
$630.9M
Q3 25
$301.8M
Q2 25
$149.2M
Q1 25
$129.2M
Q4 24
$791.6M
Q3 24
$449.5M
Q2 24
$546.1M
Free Cash Flow
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
$193.3M
Q3 25
$-41.1M
Q2 25
$-170.1M
Q1 25
$-114.1M
Q4 24
$712.9M
Q3 24
$102.4M
Q2 24
$256.8M
FCF Margin
BNTX
BNTX
LBTYA
LBTYA
Q1 26
Q4 25
15.7%
Q3 25
-3.4%
Q2 25
-13.4%
Q1 25
-9.7%
Q4 24
-50.5%
Q3 24
5.3%
Q2 24
13.7%
Capex Intensity
BNTX
BNTX
LBTYA
LBTYA
Q1 26
1.5%
Q4 25
35.5%
Q3 25
28.4%
Q2 25
25.2%
Q1 25
20.8%
Q4 24
-5.6%
Q3 24
17.9%
Q2 24
15.4%
Cash Conversion
BNTX
BNTX
LBTYA
LBTYA
Q1 26
0.30×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.35×
Q3 24
Q2 24
2.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNTX
BNTX

Segment breakdown not available.

LBTYA
LBTYA

Mobile Service$775.2M32%
Fixed Service$772.0M32%
Business$308.7M13%
Wholesale$256.9M11%
Business Service$233.2M10%

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