Liberty Media (FWONK) Operating Expenses (2012 - 2026)
Liberty Media's Operating Expenses was $846 million in Q2 2026, down 20.3% from $1.06 billion a year earlier but up 30.8% from the prior quarter.
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Analysis
Liberty Media (FWONK) Operating Expenses (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Liberty Media's Operating Expenses was $3.81 billion through Jun 30, 2026, up 8.4% year-over-year; for FY2025, it came in at $3.91 billion, up 16.0% from FY2024.
- Operating Expenses has now increased for three consecutive years, though with a five-year compound annual growth rate of -15.7% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $3.37 billion in FY2024 (+1.8%), $3.31 billion in FY2023 (+9.6%), $3.02 billion in FY2022 (-68.0%) and $9.42 billion in FY2021 (+2.6%).
- Quarterly Operating Expenses has moved between -$4.53 billion (Q4 2022) and $2.74 billion (Q3 2022) over five years.
- Compared with a year earlier, Operating Expenses was higher in six of the last eight quarters, with growth averaging 7.6%.
- The best year-over-year quarter for Operating Expenses over five years was Q1 2026 (growth of 25.9%); the worst was Q1 2024 (a decline of 77.7%).
- Per Business Quant data, FWONK's Operating Expenses in the three quarters before Q2 2026 was $647 million (Q1 2026), $1.38 billion (Q4 2025) and $936 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 846.00 Mn |
| Mar 31, 2026 | 647.00 Mn |
| Dec 31, 2025 | 1.38 Bn |
| Sep 30, 2025 | 936.00 Mn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 514.00 Mn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 804.00 Mn |
| Jun 30, 2024 | 931.00 Mn |
| Mar 31, 2024 | 494.00 Mn |
| Dec 31, 2023 | 1.10 Bn |
| Sep 30, 2023 | 835.00 Mn |
| Jun 30, 2023 | 2.72 Bn |
| Mar 31, 2023 | 2.22 Bn |
| Dec 31, 2022 | -4.53 Bn |
| Sep 30, 2022 | 2.74 Bn |
| Jun 30, 2022 | 2.70 Bn |
| Mar 31, 2022 | 2.11 Bn |
| Dec 31, 2021 | 2.66 Bn |
| Sep 30, 2021 | 2.40 Bn |
API Access
Liberty Media Operating Expenses 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=operating-expenses&ticker=FWONK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FWONK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();