Growth Metrics

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

Liberty Media has reported Cost of Revenue over the past 9 years, most recently at $2.6 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 303.29% year-over-year to $2.6 billion; the TTM value through Dec 2025 reached $3.7 billion, up 711.92%, while the annual FY2025 figure was $2.8 billion, 1321.65% up from the prior year.
  • Cost of Revenue for Q4 2025 was $2.6 billion at Liberty Media, up from $33.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $2.6 billion in Q4 2025 and troughed at -$1.3 billion in Q4 2024.
  • A 5-year average of $346.9 million and a median of $173.5 million in 2021 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: crashed 323.68% in 2022 and later skyrocketed 1000.0% in 2025.
  • Year by year, Cost of Revenue stood at $152.0 million in 2021, then crashed by 323.68% to -$340.0 million in 2022, then skyrocketed by 364.71% to $900.0 million in 2023, then tumbled by 242.0% to -$1.3 billion in 2024, then soared by 303.29% to $2.6 billion in 2025.
  • Business Quant data shows Cost of Revenue for FWONA at $2.6 billion in Q4 2025, $33.0 million in Q3 2025, and $779.0 million in Q2 2025.