Liberty Latin America (LILA) Operating Expenses (2017 - 2026)
Liberty Latin America (LILA) posted quarterly Operating Expenses of -$564.2 million for Q4 2025, down 123.67% year-over-year from $2.4 billion in Q4 2024, and down 160.99% quarter-over-quarter from $925.0 million in Q3 2025.
Liberty Latin America (LILA) Operating Expenses (2017 - 2026) Analysis & Trends
Liberty Latin America (LILA) has reported Operating Expenses for 9 consecutive years, with -$564.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 123.67% year-over-year to -$564.2 million; the TTM figure through Dec 2025 stood at $2.7 billion (down 53.36% YoY), while the FY2025 annual figure was $2.7 billion, down 39.52% from the prior year.
- Operating Expenses eased to -$564.2 million in Q4 2025 per LILA's latest filing, from $925.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.4 billion in Q4 2024 and bottomed at -$571.1 million in Q4 2022.
- Historically, Operating Expenses has averaged $962.7 million across 5 years, with a median of $1.0 billion in 2021.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 133.63% — and 2024, when it surged 1888.0%.
- Liberty Latin America's Operating Expenses stood at $1.7 billion in 2021, then sank by 133.63% to -$571.1 million in 2022, then jumped by 76.66% to -$133.3 million in 2023, then soared by 1888.0% to $2.4 billion in 2024, then slumped by 123.67% to -$564.2 million in 2025.
- Business Quant data shows LILA's Operating Expenses at -$564.2 million in Q4 2025, $925.0 million in Q3 2025, and $1.4 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.54 Bn | 203.79 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 197.63 Bn | 194.81 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 194.81 Bn | 193.10 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 175.64 Bn | 158.07 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.62 Bn | 31.04 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.23 Bn | 23.73 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.13 Bn | 22.13 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.62 Bn | 18.38 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.40 Bn | 18.40 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Liberty Latin America | 1.70 Bn | 988.21 Mn | 652.20 Mn | 921.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 921.40 Mn |
| Dec 31, 2025 | -564.20 Mn |
| Sep 30, 2025 | 925.00 Mn |
| Jun 30, 2025 | 1.42 Bn |
| Mar 31, 2025 | 955.40 Mn |
| Dec 31, 2024 | 2.38 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 1.01 Bn |
| Dec 31, 2023 | -133.30 Mn |
| Sep 30, 2023 | 963.10 Mn |
| Jun 30, 2023 | 984.80 Mn |
| Mar 31, 2023 | 994.90 Mn |
| Dec 31, 2022 | -571.10 Mn |
| Sep 30, 2022 | 1.07 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.70 Bn |
| Sep 30, 2021 | 1.06 Bn |
| Jun 30, 2021 | 1.00 Bn |