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Liberty Media (FWONA) Operating Expenses (2016 - 2026)

Liberty Media has reported Operating Expenses over the past 14 years, most recently at $1.4 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 21.64% year-over-year to $1.4 billion; the TTM value through Dec 2025 reached $3.9 billion, up 16.01%, while the annual FY2025 figure was $3.9 billion, 16.01% up from the prior year.
  • Operating Expenses for Q4 2025 was $1.4 billion at Liberty Media, up from $936.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.7 billion in Q3 2022 and troughed at -$4.5 billion in Q4 2022.
  • A 5-year average of $1.3 billion and a median of $1.3 billion in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: tumbled 270.48% in 2022 and later soared 124.33% in 2023.
  • Year by year, Operating Expenses stood at $2.7 billion in 2021, then tumbled by 270.48% to -$4.5 billion in 2022, then skyrocketed by 124.33% to $1.1 billion in 2023, then increased by 3.08% to $1.1 billion in 2024, then increased by 21.64% to $1.4 billion in 2025.
  • Business Quant data shows Operating Expenses for FWONA at $1.4 billion in Q4 2025, $936.0 million in Q3 2025, and $1.1 billion in Q2 2025.