Liberty Media FWONA Revenue Breakdown

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At close: Sep 29, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Liberty Media, fiscal 2016 to 2024, as reported in its filings.
Annual history

Liberty Media Revenue by Product & Service

Years FY 2016–2024
Lines 2
FY 2024 Total $43.84B

Motorsport was Liberty Media’s largest product and service line in fiscal 2024, bringing in $39.82B of $43.84B (91%).

Liberty Media revenue by product and service, fiscal 2016 to 2024
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024
Motorsport — — — $39.82B
Other $3.43B $5.59B $7.94B $4.02B
Total $134.99B $37.93B $42.86B $43.84B
Totals include 10 discontinued lines from earlier reporting.

Liberty Media revenue by product and service: what the figures show

Liberty Media brought in $43.84B from its two product and service lines in fiscal 2024, the year ended December 31, 2024. Liberty Media regrouped these lines after fiscal 2023, so the total does not compare directly with that year's $42.86B. Motorsport was the largest at $39.82B (90.8%), ahead of Other at $4.02B (9.2%).

Liberty Media began breaking out Motorsport in fiscal 2024, when it brought in $39.82B. Liberty Media stopped reporting Subscriber ($79.37B in fiscal 2021), Primary ($30.72B in fiscal 2023), Advertising ($20.76B in fiscal 2021) and three others as separate lines.

Annual history

Liberty Media Revenue by Geography

Years FY 2017–2024
Lines 2
FY 2024 Total $43.84B

United Kingdom was Liberty Media’s largest region in fiscal 2024, bringing in $39.82B of $43.84B (91%).

Liberty Media revenue by geography, fiscal 2017 to 2024
Geography FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024
United States $109.96B $7.06B $4.20B $4.02B
United Kingdom $25.63B $30.88B $38.66B $39.82B
Total $136.80B $37.93B $42.86B $43.84B
Totals include 2 discontinued lines from earlier reporting.

Liberty Media revenue by geography: what the figures show

Liberty Media brought in $43.84B from its two regions in fiscal 2024, the year ended December 31, 2024. That was up 2.3% from $42.86B in fiscal 2023. United Kingdom was the largest at $39.82B (90.8%), ahead of United States at $4.02B (9.2%).

Compared with fiscal 2023, United Kingdom grew 3.0% to $39.82B, while United States fell 4.3% to $4.02B.

Liberty Media stopped reporting Other Countries as a separate region after fiscal 2021, when it brought in $1.21B.

Annual history

Liberty Media Revenue by Product & Service

Years FY 2018–2023
Lines 2
FY 2023 Total $34.54B

Formula 1 was Liberty Media’s largest product and service line in fiscal 2023, bringing in $30.72B of $34.54B (89%).

Liberty Media revenue by product and service, fiscal 2018 to 2023
Product and Service FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023
Formula 1 $26.09B $22.20B $25.28B $30.72B
Braves Holdings $3.84B $6.31B $6.42B $3.82B
Total $106.39B $107.88B $31.70B $34.54B
Totals include 1 discontinued line from earlier reporting.

Liberty Media revenue by product and service: what the figures show

Liberty Media brought in $34.54B from its two product and service lines in fiscal 2023, the year ended December 31, 2023. That was up 8.9% from $31.70B in fiscal 2022. Formula 1 was the largest at $30.72B (89.0%), ahead of Braves Holdings at $3.82B (11.0%).

Compared with fiscal 2022, Formula 1 grew 21.5% to $30.72B, while Braves Holdings fell 40.6% to $3.82B.

Liberty Media stopped reporting Sirius Xm Holdings as a separate line after fiscal 2021, when it brought in $79.37B.

Questions

Liberty Media Revenue Breakdown FAQ

How does Liberty Media make money?

Liberty Media (FWONA) reports its revenue by product and service and by geography. In fiscal 2024, Motorsport was its largest product and service line, bringing in $39.82B (90.8% of the total), followed by Other at $4.02B (9.2%).

What is Liberty Media's largest product and service line?

Motorsport was Liberty Media's largest product and service line in fiscal 2024, bringing in $39.82B, or 90.8% of the $43.84B total across its two product and service lines.

What is Liberty Media's largest region?

United Kingdom was Liberty Media's largest region in fiscal 2024, bringing in $39.82B, or 90.8% of the $43.84B total across its two regions.

Which Liberty Media region is growing the fastest?

United Kingdom grew faster than United States in fiscal 2024, up 3.0% from $38.66B to $39.82B. United States fell 4.3% to $4.02B.

Where does this revenue breakdown data come from?

Every figure comes from Liberty Media's annual financial filings, as reported. Each line keeps the name Liberty Media gives it, and years follow its fiscal calendar.

How far back does Liberty Media's revenue breakdown go?

Liberty Media's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.