Liberty Media (FWONK) Cost of Revenue (2017 - 2026)
Liberty Media (FWONK) reported Cost of Revenue of $605 million for Q2 2026, down 30.2% from $867 million a year earlier but up 46.5% from the prior quarter.
Powered by 
Analysis
Liberty Media (FWONK) Cost of Revenue (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Liberty Media's Cost of Revenue came in at -$3.48 billion; for FY2025, it was $2.97 billion, up 19.4% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of -8.2% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $2.49 billion in FY2024 (+11.1%), $2.24 billion in FY2023 (-81.9%), $12.35 billion in FY2022 (+126.3%) and $5.46 billion in FY2021 (+19.9%).
- Five-year quarterly Cost of Revenue spans a low of -$10.93 billion in Q4 2025 and a high of $8.05 billion in Q4 2022.
- Year over year, Cost of Revenue gained in three of the last six quarters, with an average decline of 12.3%.
- The high point for year-over-year Cost of Revenue in five years was Q4 2022 (growth of 401.1%); the low point was Q2 2025 (a decline of 80.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $413 million (Q1 2026), -$10.93 billion (Q4 2025) and $6.44 billion (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 732.00 Mn |
| Jun 30, 2026 | 605.00 Mn |
| Mar 31, 2026 | 413.00 Mn |
| Jun 30, 2025 | 867.00 Mn |
| Mar 31, 2025 | 325.00 Mn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 305.00 Mn |
| Dec 31, 2023 | -2.24 Bn |
| Sep 30, 2023 | 1.67 Bn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 1.58 Bn |
| Sep 30, 2022 | 1.54 Bn |
| Jun 30, 2022 | 1.58 Bn |
| Mar 31, 2022 | 1.18 Bn |
| Dec 31, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.45 Bn |
| Jun 30, 2021 | 1.38 Bn |
| Mar 31, 2021 | 1.02 Bn |
| Dec 31, 2020 | 1.33 Bn |
API Access
Liberty Media Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FWONK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FWONK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FWONK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();