| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 261.00 | 1.9% | 0.0% |
| Total Income | 261.00 | 1.9% | 0.0% |
| Expenditure | 232.00 | 2.6% | 10.5% |
| PBT | 23.00 | 11.5% | 43.9% |
| Net Profit | 16.00 | 11.1% | 40.7% |
| OPM | 11.11% | 0.61pp | 8.43pp |
| NPM | 6.13% | 0.90pp | 4.22pp |
| EPS | 0.40 | 11.1% |
Liberty Capital Reports Q2 2026 Results: Revenue Flat at $261 Million, Initiates Quarterly Dividend Plan
07 Aug 2026 · 7 Aug, 2:04 am
Summary
Liberty Capital Corporation reported flat revenue of $261 million for the second quarter of 2026. Operating income decreased to $29 million and Adjusted OIBDA declined 11% to $96 million, primarily due to increased operating expenses. The company generated $308 million in net cash from operating activities and $59 million in free cash flow on a trailing twelve-month basis. Looking ahead, Liberty Capital intends to initiate a quarterly dividend in December 2026 and expects to close the Quintillion acquisition this year.
Key Highlights
- 1
Liberty Capital reported revenue of $261 million for the three months ended June 30, 2026, which was flat compared to the prior year period.
- 2
Operating income for the second quarter of 2026 was $29 million, a decrease from $51 million in the same period last year.
- 3
Adjusted OIBDA declined 11% to $96 million for the three months ended June 30, 2026, compared to $108 million in the prior year.
- 4
The company generated net cash provided by operating activities of $308 million and free cash flow of $59 million over the trailing twelve months ended June 30, 2026.
- 5
Liberty Capital intends to initiate a recurring quarterly dividend beginning in December 2026, with an aggregate amount of approximately $60 million annualized at inception.
- 6
GCI expects to close the Quintillion acquisition this year, supported by new financing capacity secured in the quarter.
Management Comments
Ron Duncan
Our priorities remain unchanged – namely driving operational excellence and growing free cash flow at GCI while generating shareholder value through opportunistic investments and capital returns at the parent company level. GCI delivered another solid quarter, reflecting the reliability and resiliency of our network infrastructure in connecting communities around Alaska. The Alaska operating company remains on track to deliver stable performance this year with a step-up in cash generation next year. This expected future growth in cash flow will support a quarterly dividend, which we intend to initiate at the parent level this December in tandem with continuing to evaluate attractive investment opportunities.
Informational and educational content only. Not investment advice.