Liberty Global (LBTYB) Operating Expenses (2012 - 2026)
Liberty Global (LBTYB) reported Operating Expenses of $1.3 billion for Q1 2026, up 12.63% on a YoY basis from $1.1 billion in Q1 2025, and down 6.43% quarter-over-quarter from $1.3 billion in Q4 2025.
Liberty Global (LBTYB) Operating Expenses (2012 - 2026) Analysis & Trends
Liberty Global has reported Operating Expenses for 15 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 12.63% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $5.0 billion (up 14.36% YoY), and the FY2025 full-year result was $4.9 billion, up 11.35% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.3 billion, down from $1.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.9 billion in Q2 2023, with the low 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.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 168.16% — and 2024, when it soared 199.23%.
- Liberty Global's Operating Expenses stood at -$1.3 billion in 2022, then gained by 5.86% to -$1.2 billion in 2023, then surged by 199.23% to $1.2 billion in 2024, then grew by 14.11% to $1.3 billion in 2025, then retreated by 6.43% to $1.3 billion in 2026.
- The last three Operating Expenses figures came in at $1.3 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -2.58 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -191.29 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 8.11 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 305.28 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -650.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -533.00 Mn |
| 10 | Liberty Global | - | - | 1.05 Bn | 1.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.45 Bn |