Liberty Global (LBTYA) Operating Expenses (2012 - 2026)
Liberty Global's (LBTYA) quarterly Operating Expenses came in at $1.2 billion in Q2 2026, down 5.69% on a YoY basis from $1.2 billion in Q2 2025, and down 6.54% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
Liberty Global (LBTYA) Operating Expenses (2012 - 2026) Analysis & Trends
Liberty Global (LBTYA) has reported Operating Expenses for 15 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 5.69% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $5.0 billion (up 9.09% YoY), and the FY2025 full-year result was $4.9 billion, up 11.35% from the prior year.
- Operating Expenses fell to $1.2 billion in Q2 2026 per LBTYA's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.9 billion in Q2 2023 and bottomed at -$1.3 billion in Q4 2022.
- Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses tumbled 168.16% in 2022, then jumped 199.23% in 2024.
- Over 5 years, Operating Expenses stood at -$1.3 billion in 2022, then climbed by 5.86% to -$1.2 billion in 2023, then jumped by 199.23% to $1.2 billion in 2024, then rose by 14.11% to $1.3 billion in 2025, then fell by 12.55% to $1.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.3 billion, and $1.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Comcast | 235.03 Bn | 227.55 Bn | - | 24.78 Bn |
| 2 | Grupo Televisa, S.A.B | 31.11 Bn | 29.27 Bn | 318.12 Mn | -117.85 Mn |
| 3 | Charter Communications | 16.86 Bn | 16.35 Bn | - | 10.46 Bn |
| 4 | Lumen Technologies | 6.85 Bn | 4.97 Bn | 1.39 Bn | 2.89 Bn |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | 10.46 Bn |
| 6 | Telephone & Data Systems | 4.29 Bn | 2.10 Bn | 185.25 Mn | -63.93 Mn |
| 7 | Liberty Global | 3.61 Bn | 1.19 Bn | 796.60 Mn | 1.17 Bn |
| 8 | Uniti | 2.49 Bn | 1.88 Bn | 567.70 Mn | 877.50 Mn |
| 9 | Idt | 1.73 Bn | 1.49 Bn | 122.50 Mn | 92.71 Mn |
| 10 | Liberty Latin America | 1.50 Bn | 1.25 Bn | 652.20 Mn | 921.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 Bn |
| Mar 31, 2026 | 1.25 Bn |
| Dec 31, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.22 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 1.17 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | -1.18 Bn |
| Sep 30, 2023 | 1.88 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 1.83 Bn |
| Dec 31, 2022 | -1.25 Bn |
| Sep 30, 2022 | 1.64 Bn |
| Jun 30, 2022 | 1.73 Bn |
| Mar 31, 2022 | 1.79 Bn |
| Dec 31, 2021 | 1.84 Bn |
| Sep 30, 2021 | 1.80 Bn |