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Side-by-side financial comparison of Liberty Global Ltd. (LBTYA) and Pattern Group Inc. (PTRN). Click either name above to swap in a different company.

Liberty Global Ltd. is the larger business by last-quarter revenue ($2.4B vs $639.7M, roughly 3.7× Pattern Group Inc.). Liberty Global Ltd. runs the higher net margin — 15.0% vs -9.2%, a 24.2% gap on every dollar of revenue.

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).

Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.

LBTYA vs PTRN — Head-to-Head

Bigger by revenue
LBTYA
LBTYA
3.7× larger
LBTYA
$2.4B
$639.7M
PTRN
Higher net margin
LBTYA
LBTYA
24.2% more per $
LBTYA
15.0%
-9.2%
PTRN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
LBTYA
LBTYA
PTRN
PTRN
Revenue
$2.4B
$639.7M
Net Profit
$358.2M
$-59.1M
Gross Margin
44.3%
Operating Margin
1.0%
-9.4%
Net Margin
15.0%
-9.2%
Revenue YoY
-3.6%
Net Profit YoY
127.1%
EPS (diluted)
$-2.19

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
LBTYA
LBTYA
PTRN
PTRN
Q1 26
$2.4B
Q4 25
$1.2B
Q3 25
$1.2B
$639.7M
Q2 25
$1.3B
Q1 25
$1.2B
Q4 24
$-1.4B
Q3 24
$1.9B
Q2 24
$1.9B
Net Profit
LBTYA
LBTYA
PTRN
PTRN
Q1 26
$358.2M
Q4 25
$-2.9B
Q3 25
$-90.7M
$-59.1M
Q2 25
$-2.8B
Q1 25
$-1.3B
Q4 24
$2.2B
Q3 24
$-1.4B
Q2 24
$268.1M
Gross Margin
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
66.8%
Q3 25
67.5%
44.3%
Q2 25
63.3%
Q1 25
65.6%
Q4 24
Q3 24
69.4%
Q2 24
68.5%
Operating Margin
LBTYA
LBTYA
PTRN
PTRN
Q1 26
1.0%
Q4 25
-8.6%
Q3 25
-0.7%
-9.4%
Q2 25
2.3%
Q1 25
5.2%
Q4 24
Q3 24
5.2%
Q2 24
1.0%
Net Margin
LBTYA
LBTYA
PTRN
PTRN
Q1 26
15.0%
Q4 25
-237.0%
Q3 25
-7.5%
-9.2%
Q2 25
-220.1%
Q1 25
-114.2%
Q4 24
-158.9%
Q3 24
-74.1%
Q2 24
14.3%
EPS (diluted)
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
$-8.66
Q3 25
$-0.27
$-2.19
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
LBTYA
LBTYA
PTRN
PTRN
Cash + ST InvestmentsLiquidity on hand
$-387.3M
$312.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$541.4M
Total Assets
$843.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBTYA
LBTYA
PTRN
PTRN
Q1 26
$-387.3M
Q4 25
$2.2B
Q3 25
$1.7B
$312.8M
Q2 25
$3.1B
Q1 25
$2.0B
Q4 24
$2.2B
Q3 24
$3.3B
Q2 24
$3.2B
Total Debt
LBTYA
LBTYA
PTRN
PTRN
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
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
$9.7B
Q3 25
$12.7B
$541.4M
Q2 25
$13.0B
Q1 25
$12.6B
Q4 24
$12.4B
Q3 24
$18.7B
Q2 24
$18.3B
Total Assets
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
$22.6B
Q3 25
$25.4B
$843.1M
Q2 25
$27.2B
Q1 25
$26.0B
Q4 24
$25.4B
Q3 24
$41.8B
Q2 24
$40.8B
Debt / Equity
LBTYA
LBTYA
PTRN
PTRN
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
LBTYA
LBTYA
PTRN
PTRN
Operating Cash FlowLast quarter
$107.6M
$90.9M
Free Cash FlowOCF − Capex
$75.7M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
1.5%
2.4%
Cash ConversionOCF / Net Profit
0.30×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBTYA
LBTYA
PTRN
PTRN
Q1 26
$107.6M
Q4 25
$630.9M
Q3 25
$301.8M
$90.9M
Q2 25
$149.2M
Q1 25
$129.2M
Q4 24
$791.6M
Q3 24
$449.5M
Q2 24
$546.1M
Free Cash Flow
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
$193.3M
Q3 25
$-41.1M
$75.7M
Q2 25
$-170.1M
Q1 25
$-114.1M
Q4 24
$712.9M
Q3 24
$102.4M
Q2 24
$256.8M
FCF Margin
LBTYA
LBTYA
PTRN
PTRN
Q1 26
Q4 25
15.7%
Q3 25
-3.4%
11.8%
Q2 25
-13.4%
Q1 25
-9.7%
Q4 24
-50.5%
Q3 24
5.3%
Q2 24
13.7%
Capex Intensity
LBTYA
LBTYA
PTRN
PTRN
Q1 26
1.5%
Q4 25
35.5%
Q3 25
28.4%
2.4%
Q2 25
25.2%
Q1 25
20.8%
Q4 24
-5.6%
Q3 24
17.9%
Q2 24
15.4%
Cash Conversion
LBTYA
LBTYA
PTRN
PTRN
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

LBTYA
LBTYA

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

PTRN
PTRN

Amazon.com$549.2M86%
Amazon Marketplaces International$43.4M7%
Other Online Marketplaces And Channels$39.4M6%
Saa S Logistics And Other Revenue$7.7M1%

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