Quarterly ResultJul 24, 2026, 08:16 AM
Liberty Global Q2 Net Loss $(365.1)M; Acquires VodafoneZiggo JV Stake
AI Summary
Liberty Global reported a net loss attributable to shareholders of $(365.1) million for Q2 2026, a significant improvement from $(2,792.9) million in Q2 2025. Revenue for the quarter decreased to $1,172.0 million. For the six months ended June 30, 2026, the net loss was $(27.3) million, compared to $(4,130.2) million in the prior year period. The company announced a pending acquisition of Vodafone's 50% interest in the VodafoneZiggo JV for –1.0 billion and completed the sale of UPC Slovakia and its remaining interest in EdgeConneX.
Key Highlights
- Pending acquisition of Vodafone's 50% interest in VodafoneZiggo JV for –1.0B cash.
- Q2 2026 net loss attributable to shareholders improved to $(365.1)M from $(2,792.9)M YoY.
- H1 2026 net loss attributable to shareholders improved to $(27.3)M from $(4,130.2)M YoY.
- Q2 2026 revenue decreased to $1,172.0M from $1,269.1M YoY.
- H1 2026 net cash from operating activities increased to $338.5M from $278.4M YoY.
- Completed sale of UPC Slovakia for –94.4M ($110.7M) net cash proceeds.
- Completed sale of remaining EdgeConneX interest for $604.2M.
- Disposed of half interest in ITV for 76.1M ($101.8M).
Price Impact
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