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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |