Liberty Latin America B (LILAB) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LILAB SEC filings page.
Liberty Latin America B (LILAB) reported $4.5B in revenue over the twelve months to Sep 30, 2026, up 0.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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).
Flat revenue is paired with recovering operating profit, but heavy interest and leverage still push the business into large net losses.
Positive operating cash flow of$805.9M alongside a net loss of$611.2M shows earnings are being dragged down by non-cash charges and financing costs rather than an inability to generate operating cash. Yet free cash flow was only$305.9M after capital expenditures absorbed62.0% of operating cash flow, so cash conversion is positive but investment-intensive.
Revenue fell only
Reported equity fell from
Financial Health Signals
We do not publish a peer-relative financial health score for Liberty Latin America B, because the score only covers companies whose filings and listing give us what it needs to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 Latin America B scores 0.01, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $4.2B against total assets of $12.2B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Liberty Latin America B passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
Liberty Latin America B reported a net loss of $611.2M while generating $805.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Liberty Latin America B earns $0.16 in operating income for every $1 of interest expense ($108.2M vs $656.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Liberty Latin America B generated $1.1B in revenue in Q3 2026. This represents an increase of 0.4% from the same quarter a year earlier. Against the prior quarter it is up 1.3%.
Liberty Latin America B's EBITDA was $421.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.0% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.
Liberty Latin America B reported a net loss of $70.9M in Q3 2026. This represents a decrease of 2248.5% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Liberty Latin America B earned -$0.42 per diluted share (EPS) in Q3 2026. This represents a decrease of 2200.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Liberty Latin America B generated $44.2M in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 21.1% from the same quarter a year earlier. Against the prior quarter it is down 54.0%.
Liberty Latin America B held $546.2M in cash against $8.0B in long-term debt as of Q3 2026.
Liberty Latin America B paid $0.56 per share in dividends in Q3 2026.
Margins & Returns
Liberty Latin America B's operating margin was 16.2% in Q3 2026, reflecting core business profitability. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Liberty Latin America B's net profit margin was -6.3% in Q3 2026, showing the share of revenue converted to profit. This is down 6.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.2 percentage points.
Liberty Latin America B's quarterly ROE was -15.9% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 16.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.4 percentage points.
Not reported for Q3 2026.
Capital Allocation
Liberty Latin America B spent $90.9M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 651.2%.
Liberty Latin America B invested $140.8M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 15.2% from the same quarter a year earlier. Against the prior quarter it is up 16.6%.
Not reported for Q3 2026.
LILAB 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B+0.4% | $1.1B+1.5% | $1.1B-0.1% | $1.2B+1.7% | $1.1B+2.1% | $1.1B-2.8% | $1.1B-1.4% | $1.1B-2.0% |
| Operating Income | $181.1M-3.4% | $181.2Mn/m | $145.2M+13.3% | $125.6M+26.6% | $187.5Mn/m | -$333.0M-400.5% | $128.1M+38.0% | $99.2M-12.2% |
| EBITDA | $421.2M+5.0% | $407.3Mn/m | $362.3M+1.5% | $370.6M+9.8% | $401.1Mn/m | -$115.5M-133.2% | $356.9M+4.8% | $337.6M-18.8% |
| Interest Expense | $175.2M+6.6% | $167.9M+1.5% | $164.2M+3.7% | $168.4M+7.7% | $164.3M+3.2% | $165.4M+5.9% | $158.3M+1.5% | $156.4M+1.8% |
| Income Tax | $23.9Mn/m | $34.6Mn/m | $26.7M+193.4% | $52.2M-70.4% | -$4.1Mn/m | -$155.7Mn/m | $9.1M+78.4% | $176.3Mn/m |
| Net Income | -$70.9M-2248.5% | -$24.0Mn/m | -$22.7Mn/m | -$54.8Mn/m | $3.3Mn/m | -$423.3Mn/m | -$136.4Mn/m | -$210.4Mn/m |
| EPS (Basic) | -$0.42-2200.0% | -$0.13n/m | -$0.11n/m | -$0.27n/m | $0.02n/m | -$2.12n/m | -$0.69n/m | -$0.90n/m |
| EPS (Diluted) | -$0.42-2200.0% | -$0.13n/m | -$0.11n/m | -$0.27n/m | $0.02n/m | -$2.12n/m | -$0.69n/m | -$0.90n/m |
| Diluted Shares (Avg) | 195M-6.3% | 201M+0.6% | 200M+1.4% | N/A | 208M+5.8% | 200M+1.5% | 198M-3.0% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
LILAB 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.2B+1.3% | $12.2B+2.3% | $12.2B-3.4% | $12.2B-4.4% | $12.0B-5.4% | $12.0B-9.1% | $12.6B-5.1% | $12.8B-6.0% |
| Current Assets | $2.2B+4.1% | $2.3B+11.3% | $2.2B+5.7% | $2.2B+6.2% | $2.1B+0.5% | $2.0B-1.2% | $2.1B-2.0% | $2.1B-12.3% |
| Cash & Equivalents | $546.2M-8.5% | $714.1M+38.8% | $681.4M+18.4% | $783.9M+19.8% | $596.7M+1.4% | $514.4M-14.1% | $575.5M-13.9% | $654.3M-33.8% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $679.4M-4.1% | $674.7M-3.5% | $667.7M-1.7% | $653.6M-4.7% | $708.3M+0.4% | $699.5M-1.3% | $679.0M-4.1% | $685.9M0.0% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $3.1B+2.0% | $3.1B+2.6% | $3.0B+1.9% | $3.0B+0.9% | $3.0B+0.4% | $3.0B-14.1% | $3.0B-14.6% | $3.0B-14.4% |
| Total Liabilities | $11.3B+3.6% | $11.2B+3.7% | $11.1B+0.7% | $11.2B-0.2% | $10.9B-0.7% | $10.8B-1.1% | $11.1B+0.7% | $11.2B-0.8% |
| Current Liabilities | $1.9B+6.4% | $1.9B+1.0% | $2.0B+2.5% | $2.0B-4.0% | $1.8B-6.9% | $1.9B-0.2% | $1.9B+1.8% | $2.1B-3.4% |
| Non-Current Liabilities | $9.3B+3.0% | $9.3B+4.3% | $9.2B+0.3% | $9.2B+0.6% | $9.1B+0.7% | $8.9B-1.3% | $9.2B+0.5% | $9.1B-0.2% |
| Long-Term Debt | $8.0B+2.6% | $8.0B+5.6% | $7.9B+3.2% | $7.9B+3.4% | $7.8B+2.9% | $7.6B+0.3% | $7.6B+0.6% | $7.6B+0.2% |
| Total Equity | $444.8M-29.3% | $528.1M-13.2% | $540.6M-47.1% | $555.6M-49.0% | $628.9M-48.7% | $608.4M-63.2% | $1.0B-41.1% | $1.1B-38.3% |
| Retained Earnings | -$4.4Bn/m | -$4.3Bn/m | -$4.3Bn/m | -$4.2Bn/m | -$4.2Bn/m | -$4.2Bn/m | -$3.7Bn/m | -$3.6Bn/m |
Not reported in any period shown, so not listed: Inventory.
LILAB 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $185.0M+3.8% | $216.8M+53.5% | $42.2M+71.5% | $461.9M+15.9% | $178.2M+0.4% | $141.2M-10.0% | $24.6M+5.6% | $398.6M+2.1% |
| Depreciation & Amortization | $240.1M+12.4% | $226.1M+4.0% | $217.1M-5.1% | $245.0M+2.8% | $213.6M-13.0% | $217.5M-8.1% | $228.8M-7.7% | $238.4M-21.2% |
| Stock-Based Compensation | $12.9M-14.0% | $12.8M-3.8% | $24.8M-12.4% | N/A | $15.0M-5.7% | $13.3M-16.9% | $28.3M+4.8% | N/A |
| Capital Expenditures | $140.8M+15.2% | $120.8M-13.3% | $99.3M+2.7% | $141.8M-13.4% | $122.2M-3.4% | $139.3M-0.9% | $96.7M-11.9% | $163.7M+1.0% |
| Free Cash Flow | $44.2M-21.1% | $96.0M+4952.6% | -$57.1Mn/m | $320.1M+36.3% | $56.0M+9.8% | $1.9M-88.4% | -$72.1Mn/m | $234.9M+2.8% |
| Investing Cash Flow | -$156.6Mn/m | -$128.1Mn/m | -$108.3Mn/m | -$174.7Mn/m | -$170.7Mn/m | -$151.9Mn/m | -$95.0Mn/m | -$175.2Mn/m |
| Financing Cash Flow | -$172.8M-302.3% | -$35.2Mn/m | -$39.1M-1250.0% | -$96.8Mn/m | $85.4M+81.7% | -$35.6Mn/m | $3.4Mn/m | -$152.9M-179.4% |
| Dividends Paid | $11.3Mn/m | $1.8Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
| Share Buybacks | $90.9Mn/m | $12.1Mn/m | $14.3Mn/m | $0n/m | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% |
LILAB 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 16.2%-0.6pp | 16.4%+47.1pp | 13.4%+1.6pp | 10.8%+2.1pp | 16.9%+51.7pp | -30.6%-40.5pp | 11.8%+3.4pp | 8.7%-1.0pp |
| Net Margin | -6.3%-6.7pp | -2.2%+36.8pp | -2.1%+10.5pp | -4.7%+13.7pp | 0.3%+40.3pp | -39.0%-35.1pp | -12.6%-12.5pp | -18.4%-9.6pp |
| Return on Equity | -15.9%-16.5pp | -4.5%+65.0pp | -4.2%+9.2pp | -9.9%+9.5pp | 0.5%+36.0pp | -69.6%-67.0pp | -13.4%-13.3pp | -19.3%-13.5pp |
| Return on Assets | -0.6%-0.6pp | -0.2%+3.3pp | -0.2%+0.9pp | -0.4%+1.2pp | 0.0%+3.5pp | -3.5%-3.2pp | -1.1%-1.1pp | -1.7%-0.9pp |
| Current Ratio | 1.120.0x | 1.19+0.1x | 1.110.0x | 1.14+0.1x | 1.14+0.1x | 1.080.0x | 1.080.0x | 1.03-0.1x |
| Debt-to-Equity | 18.06+5.6x | 15.20+2.7x | 14.57+7.1x | 14.17+7.2x | 12.45+6.2x | 12.50+7.9x | 7.47+3.1x | 6.99+2.7x |
| Liabilities-to-Equity | 25.35+8.0x | 21.27+3.5x | 20.62+9.8x | 20.09+9.8x | 17.32+8.4x | 17.80+11.2x | 10.84+4.5x | 10.28+3.9x |
| Asset Turnover | 0.090.0x | 0.090.0x | 0.090.0x | 0.090.0x | 0.090.0x | 0.090.0x | 0.090.0x | 0.090.0x |
| FCF Margin | 4.0%-1.1pp | 8.7%+8.5pp | -5.3%+1.4pp | 27.6%+7.0pp | 5.0%+0.3pp | 0.2%-1.3pp | -6.7%+1.2pp | 20.6%+1.0pp |
Not reported in any period shown, so not listed: Gross Margin.
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 Latin America B LILAB | FY2025 | $4.4B | -$611.2M | -13.8% | $1.4B | — |
| Telecom Argentina SA TCMFF | FY2025 | $5.7B | -$116.5M | -2.0% | $4.2B | — |
Where Liberty Latin America B Ranks
Frequently Asked Questions
Liberty Latin America B (LILAB) reported $4.4B in total revenue for fiscal year 2025. This represents a -0.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Liberty Latin America B (LILAB) revenue declined by 0.1% year-over-year, from $4.4B to $4.4B in fiscal year 2025.
No, Liberty Latin America B (LILAB) reported a net loss of $172.4M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net loss of $611.2M, with a net profit margin of -13.8%.
Liberty Latin America B (LILAB) had EBITDA of $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Liberty Latin America B (LILAB) had $783.9M in cash and equivalents against $7.9B in long-term debt.
Liberty Latin America B (LILAB) had an operating margin of 2.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Liberty Latin America B (LILAB) had a net profit margin of -13.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Liberty Latin America B (LILAB) has a return on equity of -110.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Liberty Latin America B (LILAB) generated $305.9M in free cash flow during fiscal year 2025. This represents a 41.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Liberty Latin America B (LILAB) generated $805.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Liberty Latin America B (LILAB) had $12.2B in total assets as of fiscal year 2025, including both current and long-term assets.
Liberty Latin America B (LILAB) invested $500.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Liberty Latin America B (LILAB) had a current ratio of 1.14 as of fiscal year 2025, which is considered adequate.
Liberty Latin America B (LILAB) had a debt-to-equity ratio of 14.17 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 Latin America B (LILAB) had a liabilities-to-equity ratio of 20.09 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 Latin America B (LILAB) had a return on assets of -5.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Liberty Latin America B (LILAB) has an Altman Z-Score of 0.01, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Liberty Latin America B (LILAB) has a Piotroski F-Score of 5 out of 7 computable signals; 2 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 Latin America B (LILAB) reported a net loss of $611.2M while generating $805.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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 Latin America B (LILAB) has an interest coverage ratio of 0.16x, meaning it can struggle to cover its interest obligations. 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.