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| Date | Value |
|---|---|
| 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 |