Liberty Global Q3 net earnings $547.7 million; rebased Adjusted EBITDA down 13.7%
Liberty Global reported third-quarter 2026 results for the quarter ended September 30, 2026. Reported total consolidated revenue and Adjusted EBITDA rose, and the company posted net earnings of $547.7 million, compared with a net loss of $83.4 million a year earlier. On a rebased basis, however, revenue grew 1.0% and Adjusted EBITDA fell 13.7%. The company confirmed VMO2's 2026 guidance but is reviewing VMO2's planned 2026 cash distributions to shareholders, with an update due in Q1 2027.
Key points
- Total consolidated revenue of $1,920.6 million vs. $1,207.1 million a year earlier (up 59.1% reported, up 1.0% rebased).
- Total consolidated Adjusted EBITDA of $602.6 million vs. $336.5 million (up 79.1% reported, down 13.7% rebased).
- Net earnings of $547.7 million vs. a net loss of $83.4 million in Q3 2025.
- VMO2 confirmed 2026 guidance; planned 2026 cash distributions (around £200 million) under review, with an update in Q1 2027.
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 03, 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.