Growth Metrics

Liberty Media (FWONK) Cost of Revenue (2017 - 2026)

Liberty Media's quarterly Cost of Revenue came in at $413.0 million in Q1 2026, up 958.97% year-on-year from $39.0 million in Q1 2025, and down 61.11% quarter-over-quarter from $1.1 billion in Q4 2025.

Liberty Media has reported Cost of Revenue for 10 years, with the latest figure at $413.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 958.97% year-over-year to $413.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 11.34% YoY), and the FY2025 full-year result was $2.8 billion, up 20.23% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $413.0 million, down from $1.1 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $1.1 billion in Q4 2025, with the low at $33.0 million in Q3 2025.
  • Average Cost of Revenue over 5 years is $530.1 million, with a median of $615.0 million recorded in 2023.
  • Year-over-year, Cost of Revenue plunged 94.04% in 2025 and jumped 958.97% in 2026.
  • Tracing FWONK's Cost of Revenue over 5 years: stood at $527.0 million in 2022, then soared by 70.78% to $900.0 million in 2023, then slipped by 8.67% to $822.0 million in 2024, then rose by 29.2% to $1.1 billion in 2025, then sank by 61.11% to $413.0 million in 2026.
  • The last three Cost of Revenue figures came in at $413.0 million (Q1 2026), $1.1 billion (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 842.22 Mn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 1.48 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 4.64 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 2.48 Bn
5 Fox 26.01 Bn 22.51 Bn - -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 413.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 221.22 Mn
8 News 16.98 Bn 15.50 Bn - -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 734.36 Mn
10 Liberty Media - - 298.00 Mn 413.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 413.00 Mn
Mar 31, 2026 413.00 Mn
Dec 31, 2025 1.06 Bn
Dec 31, 2025 1.06 Bn
Sep 30, 2025 33.00 Mn
Sep 30, 2025 33.00 Mn
Jun 30, 2025 779.00 Mn
Jun 30, 2025 779.00 Mn
Mar 31, 2025 39.00 Mn
Mar 31, 2025 39.00 Mn
Dec 31, 2024 822.00 Mn
Dec 31, 2024 822.00 Mn
Sep 30, 2024 554.00 Mn
Sep 30, 2024 554.00 Mn
Jun 30, 2024 639.00 Mn
Jun 30, 2024 639.00 Mn
Mar 31, 2024 279.00 Mn
Mar 31, 2024 279.00 Mn
Dec 31, 2023 900.00 Mn
Dec 31, 2023 900.00 Mn
Sep 30, 2023 615.00 Mn
Sep 30, 2023 615.00 Mn
Jun 30, 2023 732.00 Mn
Jun 30, 2023 732.00 Mn
Mar 31, 2023 700.00 Mn
Mar 31, 2023 700.00 Mn
Dec 31, 2022 527.00 Mn
Dec 31, 2022 527.00 Mn
Sep 30, 2022 122.00 Mn
Sep 30, 2022 122.00 Mn
Jun 30, 2022 126.00 Mn
Jun 30, 2022 126.00 Mn
Mar 31, 2022 670.00 Mn
Mar 31, 2022 670.00 Mn
Dec 31, 2021 1.32 Bn
Dec 31, 2021 1.32 Bn
Sep 30, 2021 128.00 Mn
Sep 30, 2021 128.00 Mn
Jun 30, 2021 58.00 Mn
Jun 30, 2021 58.00 Mn
Mar 31, 2021 117.00 Mn
Mar 31, 2021 117.00 Mn
Dec 31, 2020 -1.28 Bn
Dec 31, 2020 -1.28 Bn
Sep 30, 2020 51.00 Mn
Sep 30, 2020 51.00 Mn
Jun 30, 2020 16.00 Mn
Jun 30, 2020 16.00 Mn
Mar 31, 2020 118.00 Mn
Mar 31, 2020 118.00 Mn
Dec 31, 2019 137.00 Mn
Dec 31, 2019 137.00 Mn
Sep 30, 2019 116.00 Mn
Sep 30, 2019 116.00 Mn
Jun 30, 2019 116.00 Mn
Jun 30, 2019 116.00 Mn
Mar 31, 2019 492.00 Mn
Mar 31, 2019 492.00 Mn
Dec 31, 2018 216.00 Mn
Dec 31, 2018 216.00 Mn
Sep 30, 2018 97.00 Mn
Sep 30, 2018 97.00 Mn
Jun 30, 2018 33.00 Mn
Jun 30, 2018 33.00 Mn
Mar 31, 2018 94.00 Mn
Mar 31, 2018 94.00 Mn
Dec 31, 2017 929.00 Mn
Dec 31, 2017 929.00 Mn
Sep 30, 2017 297.00 Mn
Sep 30, 2017 297.00 Mn
Jun 30, 2017 293.00 Mn
Jun 30, 2017 293.00 Mn
Mar 31, 2017 96.00 Mn
Mar 31, 2017 96.00 Mn