Liberty Media (FWONA) Operating Expenses (2012 - 2026)

Liberty Media's Operating Expenses history runs 15 years deep, the most recent figure standing at $647.0 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 25.88% year-over-year to $647.0 million in Q1 2026; TTM through Mar 2026 was $4.0 billion, a 19.14% increase from a year earlier, with the FY2025 full-year figure at $3.9 billion, up 16.01% from the prior year.
• Operating Expenses declined to $647.0 million in Q1 2026 per FWONA's latest filing, from $1.4 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $2.7 billion in Q3 2022 and bottomed at -$4.5 billion in Q4 2022.
• The 5-year median for Operating Expenses is $1.1 billion (2025), against an average of $1.0 billion.
• Across the five-year window, Operating Expenses plunged 270.48% in 2022 and surged 124.33% in 2023, its largest moves.
• Year by year, Operating Expenses stood at -$4.5 billion in 2022, then surged by 124.33% to $1.1 billion in 2023, then climbed by 3.08% to $1.1 billion in 2024, then climbed by 21.64% to $1.4 billion in 2025, then slumped by 53.22% to $647.0 million in 2026.
• Per Business Quant, the three latest FWONA Operating Expenses figures stand at $647.0 million (Q1 2026), $1.4 billion (Q4 2025), and $936.0 million (Q3 2025).