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Liberty Media (FWONK) Cost of Revenue (2017 - 2025)

Liberty Media has reported Cost of Revenue over the past 9 years, most recently at $2.6 billion for Q4 2025.

  • Quarterly results put Cost of Revenue at $2.6 billion for Q4 2025, up 303.29% from a year ago — trailing twelve months through Dec 2025 was $3.7 billion (up 711.92% YoY), and the annual figure for FY2025 was $2.8 billion, up 1321.65%.
  • Cost of Revenue for Q4 2025 was $2.6 billion at Liberty Media, up from $33.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for FWONK hit a ceiling of $2.6 billion in Q4 2025 and a floor of -$1.3 billion in Q4 2024.
  • Median Cost of Revenue over the past 5 years was $173.5 million (2021), compared with a mean of $346.9 million.
  • Biggest five-year swings in Cost of Revenue: tumbled 323.68% in 2022 and later soared 1000.0% in 2025.
  • Liberty Media's Cost of Revenue stood at $152.0 million in 2021, then tumbled by 323.68% to -$340.0 million in 2022, then soared by 364.71% to $900.0 million in 2023, then plummeted by 242.0% to -$1.3 billion in 2024, then surged by 303.29% to $2.6 billion in 2025.
  • The last three reported values for Cost of Revenue were $2.6 billion (Q4 2025), $33.0 million (Q3 2025), and $779.0 million (Q2 2025) per Business Quant data.