Quarterly ResultMay 7, 2026, 03:01 PM
Liberty Media Q1 Revenue Jumps to $711M, Net Earnings $57M; MotoGP Impact
AI Summary
Liberty Media Corporation reported a significant increase in its first-quarter 2026 financial results, with total revenue rising to $711 million from $447 million in the prior year. The company swung to an operating income of $64 million from an operating loss of $67 million, and net earnings attributable to Liberty stockholders grew to $57 million from $5 million. These improvements are largely attributed to the acquisition of MotoGP in July 2025 and the strong performance of its motorsport segment. The Liberty Live Group was split off in December 2025 and is now presented as discontinued operations.
Key Highlights
- Total revenue increased to $711 million in Q1 2026 from $447 million in Q1 2025.
- Motorsport revenue rose to $711 million in Q1 2026 from $400 million in Q1 2025.
- Operating income was $64 million in Q1 2026, compared to an operating loss of $67 million in Q1 2025.
- Net earnings attributable to Liberty stockholders increased to $57 million from $5 million year-over-year.
- Basic EPS for Liberty Formula One common stock was $0.23 in Q1 2026, up from $0.09.
- Cash and cash equivalents stood at $1,332 million as of March 31, 2026.
- The company completed the acquisition of MotoGP for approximately $3,659 million in July 2025.
- The Liberty Live Group was split off on December 15, 2025, and is reported as discontinued operations.