Liberty Media (FWONA) Cost of Revenue (2017 - 2026)

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 958.97% year-over-year to $413.0 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 11.34% YoY), while the FY2025 annual figure was $2.8 billion, up 20.23% from the prior year.
• Cost of Revenue was $413.0 million for Q1 2026 at Liberty Media, down from $1.1 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.1 billion in Q4 2025 to a low of $33.0 million in Q3 2025.
• Historically, Cost of Revenue has averaged $530.1 million across 5 years, with a median of $615.0 million in 2023.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue plunged 94.04% in 2025, then surged 958.97% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $527.0 million in 2022, then surged by 70.78% to $900.0 million in 2023, then decreased by 8.67% to $822.0 million in 2024, then increased by 29.2% to $1.1 billion in 2025, then slumped by 61.11% to $413.0 million in 2026.
• The last three Cost of Revenue figures came in at $413.0 million (Q1 2026), $1.1 billion (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.