Liberty Media (FWONA) Operating Margin (2011 - 2026)
Liberty Media (FWONA) posted quarterly Operating Margin of 9.0% for Q1 2026, up 2399.0% year-over-year from 0.36% in Q1 2025, and down 29.69% quarter-over-quarter from 12.8% in Q4 2025.
Liberty Media (FWONA) Operating Margin (2011 - 2026) Analysis & Trends
Liberty Media's Operating Margin history runs 16 years deep, the most recent figure standing at 9.0% for Q1 2026.
- In Q1 2026, Operating Margin rose 2399.0% year-over-year to 9.0%; the TTM figure through Mar 2026 stood at 14.92% (up 1136.0% YoY), while the FY2025 annual figure was 12.87%, up 502.0% from the prior year.
- Operating Margin for Q1 2026 stood at 9.0%, down from 12.8% in the prior quarter.
- The five-year high for Operating Margin was 23.34% in Q4 2022, with the low at 14.99% in Q1 2025.
- The 5-year median for Operating Margin is 12.07% (2024), against an average of 10.11%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 2419 bps in 2024, then plunged 3117 bps in 2025.
- Liberty Media's Operating Margin stood at 23.34% in 2022, then tumbled by 60 bps to 9.43% in 2023, then sank by 79 bps to 1.97% in 2024, then jumped by 550 bps to 12.8% in 2025, then slipped by 30 bps to 9.0% in 2026.
- Business Quant data shows FWONA's Operating Margin at 9.0% in Q1 2026, 12.8% in Q4 2025, and 14.56% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -35.31% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 2.72% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.81% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 9.42% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 10.79% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 27.78% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 21.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.42% |
| Mar 31, 2026 | 9.00% |
| Dec 31, 2025 | 12.80% |
| Sep 30, 2025 | 14.56% |
| Jun 30, 2025 | 20.88% |
| Mar 31, 2025 | -14.99% |
| Dec 31, 2024 | 1.97% |
| Sep 30, 2024 | 12.07% |
| Jun 30, 2024 | 5.97% |
| Mar 31, 2024 | 16.18% |
| Dec 31, 2023 | 9.43% |
| Sep 30, 2023 | 10.79% |
| Jun 30, 2023 | 7.14% |
| Mar 31, 2023 | -8.01% |
| Dec 31, 2022 | 23.34% |
| Sep 30, 2022 | 15.58% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | 18.02% |
| Dec 31, 2021 | 16.12% |
| Sep 30, 2021 | 22.65% |