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Side-by-side financial comparison of FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

FLAGSTAR BANK, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($498.0M vs $261.0M, roughly 1.9× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs 4.2%, a 142.5% gap on every dollar of revenue. On growth, Liberty Broadband Corp posted the faster year-over-year revenue change (6.1% vs 1.6%). Over the past eight quarters, Liberty Broadband Corp's revenue compounded faster (4.3% CAGR vs -10.7%).

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

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).

FLG vs LBRDA — Head-to-Head

Bigger by revenue
FLG
FLG
1.9× larger
FLG
$498.0M
$261.0M
LBRDA
Growing faster (revenue YoY)
LBRDA
LBRDA
+4.5% gap
LBRDA
6.1%
1.6%
FLG
Higher net margin
LBRDA
LBRDA
142.5% more per $
LBRDA
146.7%
4.2%
FLG
Faster 2-yr revenue CAGR
LBRDA
LBRDA
Annualised
LBRDA
4.3%
-10.7%
FLG

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
FLG
FLG
LBRDA
LBRDA
Revenue
$498.0M
$261.0M
Net Profit
$21.0M
$383.0M
Gross Margin
Operating Margin
11.4%
15.7%
Net Margin
4.2%
146.7%
Revenue YoY
1.6%
6.1%
Net Profit YoY
-38.1%
96.4%
EPS (diluted)
$0.03
$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
FLG
FLG
LBRDA
LBRDA
Q1 26
$498.0M
Q4 25
$2.1B
Q3 25
$425.0M
Q2 25
$419.0M
$261.0M
Q1 25
$266.0M
Q4 24
$461.0M
$263.0M
Q3 24
$510.0M
$262.0M
Q2 24
$557.0M
$246.0M
Net Profit
FLG
FLG
LBRDA
LBRDA
Q1 26
$21.0M
Q4 25
$29.0M
Q3 25
$-36.0M
Q2 25
$-70.0M
$383.0M
Q1 25
$268.0M
Q4 24
$-188.0M
$291.0M
Q3 24
$-280.0M
$142.0M
Q2 24
$-323.0M
$195.0M
Operating Margin
FLG
FLG
LBRDA
LBRDA
Q1 26
11.4%
Q4 25
Q3 25
-9.6%
Q2 25
-19.3%
15.7%
Q1 25
16.2%
Q4 24
-51.6%
4.9%
Q3 24
-65.7%
11.5%
Q2 24
-76.1%
8.5%
Net Margin
FLG
FLG
LBRDA
LBRDA
Q1 26
4.2%
Q4 25
1.4%
Q3 25
-8.5%
Q2 25
-16.7%
146.7%
Q1 25
100.8%
Q4 24
-40.8%
110.6%
Q3 24
-54.9%
54.2%
Q2 24
-58.0%
79.3%
EPS (diluted)
FLG
FLG
LBRDA
LBRDA
Q1 26
$0.03
Q4 25
$0.05
Q3 25
$-0.11
Q2 25
$-0.19
$2.68
Q1 25
$1.87
Q4 24
$-1.11
$2.04
Q3 24
$-0.79
$0.99
Q2 24
$-1.14
$1.36

Balance Sheet & Financial Strength

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

Metric
FLG
FLG
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$8.1B
$10.4B
Total Assets
$87.1B
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
$23.6B
Q2 25
$22.9B
$180.0M
Q1 25
$226.0M
Q4 24
$25.8B
$163.0M
Q3 24
$33.6B
$168.0M
Q2 24
$29.5B
$73.0M
Total Debt
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
$13.2B
Q2 25
$13.2B
$3.1B
Q1 25
$3.8B
Q4 24
$14.4B
$3.8B
Q3 24
$20.3B
$3.7B
Q2 24
$28.9B
$3.6B
Stockholders' Equity
FLG
FLG
LBRDA
LBRDA
Q1 26
$8.1B
Q4 25
$8.1M
Q3 25
$8.1B
Q2 25
$8.1B
$10.4B
Q1 25
$10.1B
Q4 24
$8.2B
$9.8B
Q3 24
$8.6B
$9.5B
Q2 24
$8.4B
$9.3B
Total Assets
FLG
FLG
LBRDA
LBRDA
Q1 26
$87.1B
Q4 25
$87.5M
Q3 25
$91.7B
Q2 25
$92.2B
$16.6B
Q1 25
$17.0B
Q4 24
$100.2B
$16.7B
Q3 24
$114.4B
$16.3B
Q2 24
$119.1B
$16.0B
Debt / Equity
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
1.63×
Q2 25
1.63×
0.30×
Q1 25
0.38×
Q4 24
1.77×
0.38×
Q3 24
2.37×
0.39×
Q2 24
3.44×
0.39×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
$243.0M
Q2 25
$91.0M
Q1 25
$78.0M
Q4 24
$623.0M
$1.0M
Q3 24
$-1.0B
$24.0M
Q2 24
$796.0M
$27.0M
Free Cash Flow
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
$37.0M
Q1 25
$13.0M
Q4 24
$-63.0M
Q3 24
$-36.0M
Q2 24
$-35.0M
FCF Margin
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
14.2%
Q1 25
4.9%
Q4 24
-24.0%
Q3 24
-13.7%
Q2 24
-14.2%
Capex Intensity
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
20.7%
Q1 25
24.4%
Q4 24
24.3%
Q3 24
22.9%
Q2 24
25.2%
Cash Conversion
FLG
FLG
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
0.29×
Q4 24
0.00×
Q3 24
0.17×
Q2 24
0.14×

Financial Flow Comparison

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

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