Liberty Media Q3 revenue rises to $1.2 billion; net earnings $163 million
Liberty Media reported third-quarter 2026 results with higher revenue, operating income and Adjusted OIBDA than in the same quarter of 2025, helped by one more Formula 1 race. Nine-month revenue was flat at $2.9 billion, and MotoGP results fell because it held two fewer races. The company also said its exchange of Dr. John Malone's high-vote Series B shares closed on November 4, reducing his voting power to about 3%.
Key points
- Q3 2026 revenue was $1.2 billion, up from $1,085 million; operating income was $237 million, up from $158 million.
- Q3 Adjusted OIBDA was $353 million versus $297 million; net earnings attributable to Liberty stockholders were $163 million versus $13 million.
- Nine-month revenue was $2.9 billion, flat year over year, and nine-month operating income was $389 million versus $371 million.
- The Malone share exchange closed November 4, 2026; his aggregate voting power fell to approximately 3%.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.