Liberty Broadband Corporation (LBRDK) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LBRDK SEC filings page.
This page shows Liberty Broadband Corporation (LBRDK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 combined a large reported loss with balance-sheet contraction and much tighter short-term liquidity.
The FY2025 net loss of$2.7B far exceeded operating cash flow of-$327M , separating reported earnings from cash movement. In FY2024, net income of$869M accompanied operating cash flow of$104M ; that break suggests FY2025 results were driven substantially by non-cash or below-operating items rather than recurring cash economics.
The current ratio fell to 0.1x from 2.1x in FY2024, indicating much tighter short-term coverage after the balance-sheet reset. The reported liquidity measure was 2.1 months of the latest annual operating outflow, while debt-to-equity fell to 0.1x; pressure is therefore concentrated in near-term funding rather than heavier leverage.
Total assets contracted to
Financial Health Signals
We do not publish a peer-relative financial health score for Liberty Broadband Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Liberty Broadband Corporation passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Liberty Broadband Corporation reported a net loss of $2.7B while operations used $327.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Liberty Broadband Corporation reported an operating loss of $36.0M against $110.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Liberty Broadband Corporation reported a net loss of $2.1B in Q2 2026. This represents a decrease of 654.8% from the same quarter a year earlier. Against the prior quarter it is down 1146.8%.
Liberty Broadband Corporation earned -$14.86 per diluted share (EPS) in Q2 2026. This represents a decrease of 654.5% from the same quarter a year earlier. Against the prior quarter it is down 1153.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Liberty Broadband Corporation held $43.0M in cash against $359.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Liberty Broadband Corporation's quarterly ROE was -56.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 60.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 60.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
LBRDK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | $261.0M+6.1% | $266.0M+8.6% | $263.0M+5.2% | $262.0M+9.2% |
| SG&A Expenses | N/A | N/A | N/A | N/A | $104.0M0.0% | $109.0M+11.2% | $117.0M+5.4% | $113.0M+7.6% |
| Operating Income | -$4.0Mn/m | -$5.0Mn/m | -$5.0Mn/m | -$8.0Mn/m | -$10.0Mn/m | -$13.0Mn/m | -$21.0M-261.5% | -$11.0M-152.4% |
| EBITDA | N/A | N/A | N/A | N/A | $42.0M-2.3% | $40.0M-2.4% | $29.0Mn/m | $44.0M-42.1% |
| Interest Expense | $23.0M-17.9% | $24.0M-20.0% | N/A | $28.0M-15.2% | $28.0M-46.2% | $30.0M-41.2% | $9.0M+125.0% | $33.0M-38.9% |
| Income Tax | -$667.0M-4023.5% | $4.0Mn/m | N/A | N/A | $17.0M-70.7% | -$17.0M-125.0% | $43.0M-24.6% | $32.0M-30.4% |
| Net Income | -$2.1B-654.8% | $203.0M-24.3% | -$3.2B-1190.4% | -$154.0M-208.5% | $383.0M+96.4% | $268.0M+11.2% | $291.0M+42.0% | $142.0M-12.3% |
| EPS (Basic) | -$14.86-654.5% | $1.42-24.1% | -$22.21-1262.8% | $1.78+79.8% | $2.68+97.1% | $1.87+10.7% | $1.91+36.4% | $0.99-10.8% |
| EPS (Diluted) | -$14.86-654.5% | $1.41-24.6% | -$22.21-1262.8% | $1.77+78.8% | $2.68+97.1% | $1.87+10.7% | $1.91+37.4% | $0.99-10.0% |
| Diluted Shares (Avg) | 144M+0.7% | 144M+0.7% | N/A | 144M+0.7% | 143M0.0% | 143M0.0% | N/A | 143M-2.7% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
LBRDK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.7B-65.8% | $9.8B-42.0% | $8.8B-47.1% | $13.2B-19.1% | $16.6B+4.0% | $17.0B+8.0% | $16.7B+6.7% | $16.3B+3.4% |
| Current Assets | $78.0M-78.6% | $1.1B+34.9% | $103.0M-75.7% | $85.0M-79.6% | $364.0M+17.8% | $797.0M+127.7% | $423.0M-1.6% | $417.0M-3.0% |
| Cash & Equivalents | $43.0M-76.1% | $51.0M-77.4% | $57.0M-36.0% | $73.0M-56.5% | $180.0M+146.6% | $226.0M+109.3% | $89.0M+12.7% | $168.0M+90.9% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | $193.0M+6.6% | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | N/A | N/A | N/A | N/A | $755.0M0.0% | $755.0M0.0% | $755.0M0.0% | $755.0M0.0% |
| Total Liabilities | $1.9B-68.7% | $4.0B-43.0% | $3.1B-54.5% | $4.3B-36.1% | $6.2B-6.4% | $6.9B+5.3% | $6.9B+3.9% | $6.8B-0.1% |
| Current Liabilities | $882.0M+46.0% | $985.0M+71.9% | $987.0M+393.5% | $350.0M+74.1% | $604.0M+228.3% | $573.0M+196.9% | $200.0M+12.4% | $201.0M-12.2% |
| Non-Current Liabilities | $1.1B-81.1% | $3.0B-53.3% | $2.1B-67.9% | $4.0B-39.5% | $5.6B-13.1% | $6.4B-0.5% | $6.7B+3.7% | $6.6B+0.3% |
| Long-Term Debt | $359.0M-86.6% | $1.6B-53.5% | $790.0M-70.6% | $1.7B-54.4% | $2.7B-25.9% | $3.4B-5.3% | $2.7B-28.0% | $3.7B-3.9% |
| Total Equity | $3.7B-63.9% | $5.9B-41.3% | $5.7B-41.8% | $8.9B-6.8% | $10.4B+11.3% | $10.1B+10.0% | $9.8B+8.8% | $9.5B+6.0% |
| Retained Earnings | $2.1B-71.3% | $4.2B-39.3% | $4.0B-39.9% | $7.2B+12.3% | $7.4B+17.3% | $7.0B+14.7% | $6.7B+14.9% | $6.4B+13.9% |
Not reported in any period shown, so not listed: Inventory.
LBRDK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$44.0M-148.4% | -$74.0M-194.9% | -$231.0M-203.1% | -$40.0Mn/m | $91.0M+237.0% | $78.0M+50.0% | $224.0M+261.3% | -$199.0M-2311.1% |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | $52.0M0.0% | $53.0M+6.0% | $50.0M-18.0% | $55.0M0.0% |
| Stock-Based Compensation | $1.0M0.0% | $1.0M0.0% | N/A | $2.0M-50.0% | $1.0M-85.7% | $1.0M-85.7% | N/A | $4.0M-55.6% |
| Capital Expenditures | N/A | N/A | N/A | N/A | $54.0M-12.9% | $65.0M+6.6% | $64.0M-12.3% | $60.0M+15.4% |
| Free Cash Flow | N/A | N/A | N/A | N/A | $37.0Mn/m | $13.0Mn/m | $160.0Mn/m | -$259.0Mn/m |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $254.0Mn/m | $257.0M+1327.8% | $61.0M-78.1% | $73.0Mn/m |
| Financing Cash Flow | N/A | N/A | N/A | N/A | -$714.0Mn/m | $1.0Mn/m | -$7.0Mn/m | -$2.0M-104.3% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $0n/m |
Not reported in any period shown, so not listed: Dividends Paid.
LBRDK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | N/A | N/A | -3.8%-0.2pp | -4.9%-1.2pp | -8.0%-13.2pp | -4.2%-13.0pp |
| Net Margin | N/A | N/A | N/A | N/A | 146.7% | 100.8% | 110.7% | 54.2%-13.3pp |
| Return on Equity | -56.7%-60.4pp | 3.4%+0.8pp | -55.7%-58.7pp | -1.7%-3.2pp | 3.7%+1.6pp | 2.7%0.0pp | 3.0%+0.7pp | 1.5%-0.3pp |
| Return on Assets | -37.4%-39.7pp | 2.1%+0.5pp | -35.9%-37.7pp | -1.2%-2.0pp | 2.3%+1.1pp | 1.6%+0.1pp | 1.7%+0.4pp | 0.9%-0.2pp |
| Current Ratio | 0.09-0.5x | 1.09-0.3x | 0.10-2.0x | 0.24-1.8x | 0.60-1.1x | 1.39-0.4x | 2.12-0.3x | 2.07+0.2x |
| Debt-to-Equity | 0.10-0.2x | 0.27-0.1x | 0.14-0.1x | 0.19-0.2x | 0.26-0.1x | 0.34-0.1x | 0.27-0.1x | 0.390.0x |
| Liabilities-to-Equity | 0.52-0.1x | 0.670.0x | 0.55-0.2x | 0.49-0.2x | 0.59-0.1x | 0.690.0x | 0.700.0x | 0.710.0x |
| Asset Turnover | N/A | N/A | N/A | N/A | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x |
| FCF Margin | N/A | N/A | N/A | N/A | 14.2%+28.4pp | 4.9%+8.6pp | 60.8%+65.2pp | -98.9%-80.9pp |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: The current ratio is below 1.0 (0.10), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Liberty Broadband Corporation LBRDK | FY2025 | N/A | -$2.7B | N/A | N/A | — |
| Liberty Capital Corporation Series C GCI Group GLIBK | FY2025 | $1.0B | -$309.0M | -29.5% | $988.8M | 46/100 |
| Liberty Capital Corporation Series A GCI Group GLIBA | FY2025 | $1.0B | -$309.0M | -29.5% | $986.1M | 46/100 |
| Telephone and Data Systems Inc. TDS | FY2025 | $1.2B | -$6.2M | -0.5% | $3.7B | 47/100 |
| Shenandoah Telecom Co SHEN | FY2025 | $357.9M | -$32.9M | -9.2% | $538.2M | 27/100 |
| ATN International, Inc ATNI | FY2025 | $728.0M | -$14.9M | -2.1% | $409.6M | 28/100 |
Where Liberty Broadband Corporation Ranks
Frequently Asked Questions
No, Liberty Broadband Corporation (LBRDK) reported a net loss of $5.2B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $2.7B.
As of fiscal year 2025, Liberty Broadband Corporation (LBRDK) had $57.0M in cash and equivalents against $790.0M in long-term debt.
Liberty Broadband Corporation (LBRDK) has a return on equity of -47.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Liberty Broadband Corporation (LBRDK) recorded an outflow of $327.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Liberty Broadband Corporation (LBRDK) had $8.8B in total assets as of fiscal year 2025, including both current and long-term assets.
Liberty Broadband Corporation (LBRDK) had a current ratio of 0.10 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Liberty Broadband Corporation (LBRDK) had a debt-to-equity ratio of 0.14 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Liberty Broadband Corporation (LBRDK) had a liabilities-to-equity ratio of 0.55 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Liberty Broadband Corporation (LBRDK) had a return on assets of -30.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, Liberty Broadband Corporation (LBRDK) held $57.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $327.0M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Liberty Broadband Corporation (LBRDK) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Liberty Broadband Corporation (LBRDK) reported a net loss of $2.7B while operations used $327.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Liberty Broadband Corporation (LBRDK) reported an operating loss of $36.0M against $110.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.