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

Liberty Media (FWONA) Gross Margin (2017 - 2026)

Liberty Media (FWONA) posted Gross Margin of 35.22% for Q2 2026, down 15.96% on a QoQ basis from 41.91% in Q1 2026, and down 668.0% year-over-year from 6.2% in Q2 2025.

Analysis

Liberty Media (FWONA) Gross Margin (2017 - 2026) Analysis & Trends

Liberty Media has reported Gross Margin for 10 years, with the latest figure at 35.22% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 668.0% year-over-year to 35.22% in Q2 2026; TTM through Jun 2026 was 185.02%, a 1071.0% decrease from a year earlier, with the FY2025 full-year figure at 38.46%, up 126.0% from the prior year.
  • Gross Margin was 35.22% for Q2 2026 at Liberty Media, down from 41.91% in the prior quarter.
  • The five-year high for Gross Margin was 1003.68% in Q4 2024, with the low at 572.86% in Q3 2023.
  • Average Gross Margin over 5 years is 81.04%, with a median of 41.91% recorded in 2026.
  • The largest YoY upside for Gross Margin was 66798 bps in 2023 against a maximum downside of 65103 bps in 2023.
  • Over 5 years, Gross Margin stood at 273.48% in 2022, then soared by 244 bps to 941.46% in 2023, then increased by 7 bps to 1003.68% in 2024, then decreased by 21 bps to 792.67% in 2025, then tumbled by 96 bps to 35.22% in 2026.
  • The last three Gross Margin figures came in at 35.22% (Q2 2026), 41.91% (Q1 2026), and 792.67% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Live Nation Entertainment 39.85 Bn 30.78 Bn 1.94 Bn 25.34%
2 Liberty Media 21.86 Bn 20.23 Bn 329.00 Mn 35.22%
3 TKO Group Holdings 14.58 Bn 13.03 Bn 990.96 Mn 64.05%
4 Liberty Live Holdings 8.69 Bn 8.17 Bn 30.26 Mn 20.58%
5 Madison Square Garden Entertainment 3.63 Bn 3.34 Bn 75.84 Mn 38.63%
6 Emerald Holding 997.46 Mn 876.36 Mn 99.50 Mn 64.03%
7 TEN Holdings 39.99 Mn 34.06 Mn 627,000.00 85.77%
8 Nip 37.24 Mn -10,346.86 Bn - -
9 Lingerie Fighting Championships 128,025.52 108,697.52 -1,246.00 -4.09%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 35.22%
Mar 31, 2026 41.91%
Dec 31, 2025 792.67%
Sep 30, 2025 -493.36%
Jun 30, 2025 41.91%
Mar 31, 2025 36.02%
Dec 31, 2024 1,003.68%
Sep 30, 2024 -534.47%
Jun 30, 2024 -346.15%
Mar 31, 2024 52.47%
Dec 31, 2023 941.46%
Sep 30, 2023 -572.86%
Jun 30, 2023 26.36%
Mar 31, 2023 -69.90%
Dec 31, 2022 273.48%
Sep 30, 2022 78.16%
Jun 30, 2022 78.18%
Mar 31, 2022 73.92%
Dec 31, 2021 77.98%
Sep 30, 2021 78.35%