Liberty Media FWONA
NASDAQ FWONA
$87.33 -1.05 (-1.19%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Liberty Media (FWONA) posted Cost of Revenue of $605.0 million for Q2 2026, up 46.49% on a QoQ basis from $413.0 million in Q1 2026, and down 22.34% year-over-year from $779.0 million in Q2 2025.

Analysis

Liberty Media (FWONA) Cost of Revenue (2017 - 2026) Analysis & Trends

Liberty Media has reported Cost of Revenue for 10 years, with the latest figure at $605.0 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 22.34% year-over-year to $605.0 million in Q2 2026; TTM through Jun 2026 was -$3.7 billion, a 0.32% change from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 20.23% from the prior year.
  • Cost of Revenue was $605.0 million for Q2 2026 at Liberty Media, up from $413.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $10.3 billion in Q4 2022, with the low at -$11.1 billion in Q4 2025.
  • Average Cost of Revenue over 5 years is $390.3 million, with a median of $704.5 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 1369.63% in 2022, then slumped 200.9% in 2023.
  • Over 5 years, Cost of Revenue stood at $10.3 billion in 2022, then plunged by 200.9% to -$10.4 billion in 2023, then slipped by 1.89% to -$10.5 billion in 2024, then dropped by 5.68% to -$11.1 billion in 2025, then jumped by 105.43% to $605.0 million in 2026.
  • The last three Cost of Revenue figures came in at $605.0 million (Q2 2026), $413.0 million (Q1 2026), and -$11.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Live Nation Entertainment 39.85 Bn 30.78 Bn 1.94 Bn 5.72 Bn
2 Liberty Media 21.86 Bn 20.23 Bn 329.00 Mn 605.00 Mn
3 TKO Group Holdings 14.58 Bn 13.03 Bn 990.96 Mn 556.12 Mn
4 Liberty Live Holdings 8.69 Bn 8.17 Bn 30.26 Mn 116.80 Mn
5 Madison Square Garden Entertainment 3.63 Bn 3.34 Bn 75.84 Mn 120.48 Mn
6 Emerald Holding 997.46 Mn 876.36 Mn 99.50 Mn 55.90 Mn
7 TEN Holdings 39.99 Mn 34.06 Mn 627,000.00 104,000.00
8 Nip 37.24 Mn -10,346.86 Bn - -
9 Lingerie Fighting Championships 128,025.52 108,697.52 -1,246.00 31,710.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 605.00 Mn
Mar 31, 2026 413.00 Mn
Dec 31, 2025 -11.15 Bn
Sep 30, 2025 6.44 Bn
Jun 30, 2025 779.00 Mn
Mar 31, 2025 286.00 Mn
Dec 31, 2024 -10.55 Bn
Sep 30, 2024 5.78 Bn
Jun 30, 2024 4.41 Bn
Mar 31, 2024 279.00 Mn
Dec 31, 2023 -10.35 Bn
Sep 30, 2023 6.30 Bn
Jun 30, 2023 732.00 Mn
Mar 31, 2023 700.00 Mn
Dec 31, 2022 10.26 Bn
Sep 30, 2022 709.00 Mn
Jun 30, 2022 711.00 Mn
Mar 31, 2022 670.00 Mn
Dec 31, 2021 698.00 Mn
Sep 30, 2021 671.00 Mn