Liberty Media (FWONA) Cost of Revenue (2017 - 2026)
Liberty Media (FWONA) posted quarterly Cost of Revenue of $413.0 million for Q1 2026, up 44.41% year-over-year from $286.0 million in Q1 2025, and up 679.25% quarter-over-quarter from $53.0 million in Q4 2025.
Liberty Media (FWONA) Cost of Revenue (2017 - 2026) Analysis & Trends
Liberty Media's Cost of Revenue history runs 10 years deep, the most recent figure standing at $413.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 44.41% year-over-year to $413.0 million; the TTM figure through Mar 2026 stood at $587.0 million (up 192.04% YoY), while the FY2025 annual figure was $213.0 million, up 9.79% from the prior year.
- Cost of Revenue for Q1 2026 stood at $413.0 million, up from $53.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.6 billion in Q4 2022, with the low at -$1.3 billion in Q4 2024.
- The 5-year median for Cost of Revenue is $413.0 million (2026), against an average of $368.9 million.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 295.56% in 2022, then sank 242.0% in 2024.
- Liberty Media's Cost of Revenue stood at $1.6 billion in 2022, then tumbled by 43.18% to $900.0 million in 2023, then tumbled by 242.0% to -$1.3 billion in 2024, then surged by 104.15% to $53.0 million in 2025, then soared by 679.25% to $413.0 million in 2026.
- Business Quant data shows FWONA's Cost of Revenue at $413.0 million in Q1 2026, $53.0 million in Q4 2025, and $33.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 6.04 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 13.67 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 4.62 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 5.72 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 605.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 680.99 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 556.12 Mn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -3.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 605.00 Mn |
| Jun 30, 2026 | 605.00 Mn |
| Mar 31, 2026 | 413.00 Mn |
| Mar 31, 2026 | 413.00 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 88.00 Mn |
| Jun 30, 2025 | 88.00 Mn |
| Mar 31, 2025 | 286.00 Mn |
| Mar 31, 2025 | 286.00 Mn |
| Dec 31, 2024 | -1.28 Bn |
| Dec 31, 2024 | -1.28 Bn |
| Sep 30, 2024 | 554.00 Mn |
| Sep 30, 2024 | 554.00 Mn |
| Jun 30, 2024 | 639.00 Mn |
| Jun 30, 2024 | 639.00 Mn |
| Mar 31, 2024 | 279.00 Mn |
| Mar 31, 2024 | 279.00 Mn |