Here are the 10-Q quarterly reports from Liberty Formula One SER B (FWONB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FWONB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FWONB filings page.
Liberty Media Corp (FWONA) reported third-quarter 2026 revenue of $1.226 billion, versus $1.085 billion a year earlier, and operating income of $237 million versus $158 million. Earnings from continuing operations were $162 million, compared with $63 million; adjusted OIBDA was $353 million versus $297 million. Formula 1 generated $1.115 billion in revenue and $338 million in adjusted OIBDA; MotoGP recorded $111 million and $35 million, respectively.
For the nine months ended September 30, 2026, revenue was $2.871 billion versus $2.873 billion and earnings from continuing operations were $223 million versus $466 million. Operating cash flow was $1.055 billion, compared with $814 million. At September 30, cash and equivalents were $1.758 billion and total debt was $5.528 billion.
On November 4, 2026, John C. Malone and related entities transferred 2,316,537 Series B shares to Liberty Media and received 602,302 Series A and 5,420,699 Series C shares; the returned Series B shares were cancelled and retired. Liberty Media also issued 12,298 Series A and 63,378 Series C Adjustment Shares to Malone's revocable trust, relating to 47,297 Series C shares that remain outstanding. Malone ceased to hold the Chairman Emeritus title and became Senior Advisor.
Liberty Media Corporation reported weaker results for the quarter ended June 30, 2026, with consolidated revenue of $934 million versus $1,341 million a year earlier and net earnings from continuing operations of $8 million versus $386 million. Net earnings attributable to Liberty stockholders were $5 million.
Following the December 2025 Liberty Live Split-Off and May 2026 reincorporation in Nevada, results now focus on motorsport businesses. For the first six months of 2026, revenue was $1,645 million compared with $1,788 million in 2025, and operating income was $152 million versus $213 million, with MotoGP contributing $264 million of revenue year to date.
Liberty generated $673 million of operating cash flow in the first half and ended June with $1,465 million of cash and cash equivalents against total debt principal of $4,855 million. The MotoGP purchase price totaled $3,659 million, and total assets reached $15,879 million.
Liberty Media Corporation reported stronger results for the three months ended March 31, 2026. Revenue rose to $711 million from $447 million, driven mainly by Formula 1 and the first full-quarter contribution from MotoGP. Formula 1 revenue increased to $617 million with one additional race, higher media rights, sponsorship and hospitality activity, and growing Las Vegas operations.
The company swung from an operating loss of $67 million to operating income of $64 million, and earnings from continuing operations rose to $53 million. Net earnings attributable to Liberty stockholders were $57 million. Cash and cash equivalents increased to $1,332 million, while long-term debt was about $4,968 million, largely at the Formula 1 and MotoGP levels and non-recourse to Liberty.