Liberty Media annual operating expenses
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Liberty Media Operating Expenses Growth & History (FWONA)
Liberty Media's operating expenses was $3.90B for fiscal 2025.
View full Liberty Media company overviewLiberty Media annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.90B | $539.0M | +16.01% |
| 2024 | 2024-12-31 | $3.37B | $60.0M | +1.81% |
| 2023 | 2023-12-31 | $3.31B | $290.0M | +9.62% |
| 2022 | 2022-12-31 | $3.02B | −$6.41B | −67.99% |
| 2021 | 2021-12-31 | $9.42B | $237.0M | +2.58% |
| 2020 | 2020-12-31 | $9.19B | $364.0M | +4.13% |
| 2019 | 2019-12-31 | $8.82B | $2.29B | +35.12% |
| 2018 | 2018-12-31 | $6.53B | $329.0M | +5.31% |
| 2017 | 2017-12-31 | $6.20B | $2.66B | +75.04% |
| 2016 | 2016-12-31 | $3.54B | −$299.0M | −7.78% |
| 2015 | 2015-12-31 | $3.84B | $232.0M | +6.43% |
| 2014 | 2014-12-31 | $3.61B | $421.0M | +13.21% |
| 2013 | 2013-12-31 | $3.19B | $2.74B | +611.61% |
| 2012 | 2012-12-31 | $448.0M | −$430.0M | −48.97% |
| 2011 | 2011-12-31 | $878.0M | −$977.0M | −52.67% |
| 2010 | 2010-12-31 | $1.85B | — | — |
Liberty Media quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $846.0M | −$215.0M | −20.26% |
| Q1 2026 | 2026-03-31 | $647.0M | $133.0M | +25.88% |
| Q4 2025 | 2025-12-31 | $289.0M | −$848.0M | −74.58% |
| Q3 2025 | 2025-09-30 | $249.0M | −$555.0M | −69.03% |
| Q2 2025 | 2025-06-30 | $1.06B | $130.0M | +13.96% |
| Q1 2025 | 2025-03-31 | $514.0M | $20.0M | +4.05% |
| Q4 2024 | 2024-12-31 | $1.14B | — | — |
| Q3 2024 | 2024-09-30 | $804.0M | −$31.0M | −3.71% |
| Q2 2024 | 2024-06-30 | $931.0M | — | — |
| Q1 2024 | 2024-03-31 | $494.0M | — | — |
| Q3 2023 | 2023-09-30 | $835.0M | −$1.91B | −69.54% |
| Q3 2022 | 2022-09-30 | $2.74B | $343.0M | +14.30% |
| Q2 2022 | 2022-06-30 | $2.70B | $448.0M | +19.88% |
| Q1 2022 | 2022-03-31 | $2.11B | −$6.0M | −0.28% |
| Q4 2021 | 2021-12-31 | $2.66B | −$653.0M | −19.72% |
| Q3 2021 | 2021-09-30 | $2.40B | −$14.0M | −0.58% |
| Q2 2021 | 2021-06-30 | $2.25B | $559.0M | +32.98% |
| Q1 2021 | 2021-03-31 | $2.11B | $345.0M | +19.52% |
| Q4 2020 | 2020-12-31 | $3.31B | $995.0M | +42.94% |
| Q3 2020 | 2020-09-30 | $2.41B | $63.0M | +2.68% |
| Q2 2020 | 2020-06-30 | $1.70B | −$649.0M | −27.69% |
| Q1 2020 | 2020-03-31 | $1.77B | −$45.0M | −2.48% |
| Q4 2019 | 2019-12-31 | $2.32B | $687.0M | +42.15% |
| Q3 2019 | 2019-09-30 | $2.35B | $565.0M | +31.67% |
| Q2 2019 | 2019-06-30 | $2.34B | $519.0M | +28.44% |
| Q1 2019 | 2019-03-31 | $1.81B | $522.0M | +40.47% |
| Q4 2018 | 2018-12-31 | $1.63B | −$33.0M | −1.98% |
| Q3 2018 | 2018-09-30 | $1.78B | $101.0M | +6.00% |
| Q2 2018 | 2018-06-30 | $1.82B | $107.0M | +6.23% |
| Q1 2018 | 2018-03-31 | $1.29B | $154.0M | +13.56% |
| Q4 2017 | 2017-12-31 | $1.66B | $615.0M | +58.68% |
| Q3 2017 | 2017-09-30 | $1.68B | $650.0M | +62.92% |
| Q2 2017 | 2017-06-30 | $1.72B | $680.0M | +65.51% |
| Q1 2017 | 2017-03-31 | $1.14B | $713.0M | +168.56% |
| Q4 2016 | 2016-12-31 | $1.05B | $57.0M | +5.75% |
| Q3 2016 | 2016-09-30 | $1.03B | $70.0M | +7.27% |
| Q2 2016 | 2016-06-30 | $1.04B | −$13.0M | −1.24% |
| Q1 2016 | 2016-03-31 | $423.0M | −$413.0M | −49.40% |
| Q4 2015 | 2015-12-31 | $991.0M | $102.0M | +11.47% |
| Q3 2015 | 2015-09-30 | $963.0M | $28.0M | +2.99% |
| Q2 2015 | 2015-06-30 | $1.05B | $122.0M | +13.13% |
| Q1 2015 | 2015-03-31 | $836.0M | −$20.0M | −2.34% |
| Q4 2014 | 2014-12-31 | $889.0M | $53.0M | +6.34% |
| Q3 2014 | 2014-09-30 | $935.0M | $73.0M | +8.47% |
| Q2 2014 | 2014-06-30 | $929.0M | $77.0M | +9.04% |
| Q1 2014 | 2014-03-31 | $856.0M | $218.0M | +34.17% |
| Q4 2013 | 2013-12-31 | $836.0M | $732.0M | +703.85% |
| Q3 2013 | 2013-09-30 | $862.0M | $718.0M | +498.61% |
| Q2 2013 | 2013-06-30 | $852.0M | $719.0M | +540.60% |
| Q1 2013 | 2013-03-31 | $638.0M | $571.0M | +852.24% |
| Q4 2012 | 2012-12-31 | $104.0M | — | — |
| Q3 2012 | 2012-09-30 | $144.0M | — | — |
| Q2 2012 | 2012-06-30 | $133.0M | — | — |
| Q1 2012 | 2012-03-31 | $67.0M | — | — |
Liberty Media operating expenses trends
Over the last five fiscal years, Liberty Media's operating expenses decreased from $9.19B to $3.90B, a change of −$5.28B. The latest reported quarter, Q2 2026, shows $846.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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