Liberty Media (FWONK) earnings

Liberty Media Corp· Communication Services

Results to: Jun 2026
Latest analysed call: Jun 2026 (Q2 FY26)
Balance sheet to: Dec 2025

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Liberty Media earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	934 $ million	−30.4% YoY	Quarterly, as filed	Quarter to Jun 2026	Revenue from operations as filed.
Operating margin	9.4 %	−11.5 pts YoY	Operating profit / revenue	Quarter to Jun 2026	For the quarter; a change is in percentage points.
Net profit	5.0 $ million	−97.5% YoY	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$90.81 −0.10% · −$0.09

Last close Oct 15, 2026 · US · USD

Performance −12.4% 1Y

1Y: $103.72 on 14 Oct 2025 → $90.81. High $106.66 (24 Aug 2026), low $81.42 (20 Mar 2026).

Previous close: $90.9
52-week range: $81.42 – $106.66
One year: −12.32%

Overview

Symbol: FWONK
Sector: Communication Services
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: −98% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	911	1,167	447	1,341	1,085	1,609	711	934
Expenses	804	1,148	514	1,061	936	1,383	647	846
Operating profit	110	23	-67	280	158	206	64	88
Operating margin	12.1%	2.0%	−15.0%	20.9%	14.6%	12.8%	9.0%	9.4%
Other income	28	-378	58	179	-126	280	-6	-55
Interest	62	53	48	49	86	51	68	68
Profit before tax	135	-359	-9	459	23	506	58	33
Tax rate	2.2%	0.6%	288.9%	15.9%	43.5%	26.1%	8.6%	75.8%
Net profit	-2,368	-355	5	204	13	333	57	5

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Reserves	13,644	13,748	12,320	12,718	14,589	15,061	7,179	7,785
Total liabilities	19,130	22,264	24,403	25,514	23,338	21,882	5,950	6,948
Fixed assets	2,469	2,262	2,239	2,010	2,255	838	810	868
Total assets	40,828	44,189	44,004	44,351	42,464	41,327	13,001	15,398

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	2,156	2,313	1,730	2,437	2,546	2,464	567	908
Cash from investing	-370	314	-736	-689	-46	-1,240	—	—
Cash from financing	-2,380	-1,773	574	-1,698	-3,148	-1,473	—	—
Net cash flow	-595	854	1,571	47	-648	-248	935	-1,908
Capital expenditure	-403	-510	-452	-440	-309	-461	-75	-119
Free cash flow	1,753	1,803	1,278	1,997	2,237	2,003	492	789

Source: Inve data · cash flow · to Dec 2025

FWONK revenue by segment

Formula One shrank from 87% to 82% of revenue over the last two years.

FWONK revenue by business segment, share of consolidated revenue by quarter
Segment	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	YoY growth latest quarter
Formula One	95%	-35%	90%	91%	80%	85%	87%	82%	-37.7%
Motogp	—	—	—	—	16%	—	13%	18%	—

Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.

See how segments are shifting across companies → Segment Shift

Insider filings

93 filings between Nov 7, 2025 and Jun 15, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$46.72M

13 sales by 2 insiders

Compensation

not trading decisions

3: Award — granted as compensation
29: Option exercise — converted options into shares
13: Tax withheld — shares kept back by the company to cover tax

Also filed: 34 other filings, 1 disposition to issuer.

Who traded

open market only

Insider	Bought	Sold	Last filing
CAREY CHASE	—	$44.65M	May 27, 2026
Wilm Renee L	—	$2.07M	Jun 15, 2026

Latest filings (50)

Date	Insider	What	Shares	Value
Jun 15, 2026	Wilm Renee L Chief Legal/Admin Officer	Sale	11,597	$1.04M
May 27, 2026	CAREY CHASE Director	Sale	1,454	$132.5K
May 27, 2026	CAREY CHASE Director	Sale	98,546	$8.90M
May 27, 2026	CAREY CHASE Director	Option exercise	100,000	$2.80M
Mar 5, 2026	Wilm Renee L Chief Legal/Admin Officer	Tax withheld	7,791	$666.0K
Mar 5, 2026	Wendling Brian J CAO/PFO	Tax withheld	4,002	$342.1K
Feb 4, 2026	Wilm Renee L Chief Legal/Admin Officer	Award	17,808	$0
Feb 4, 2026	Wendling Brian J CAO/PFO	Award	9,127	$0
Dec 17, 2025	CAREY CHASE Director	Option exercise	83,536	$2.78M
Dec 17, 2025	CAREY CHASE Director	Sale	57,836	$5.60M
Dec 17, 2025	CAREY CHASE Director	Sale	25,700	$2.50M
Dec 16, 2025	CAREY CHASE Director	Option exercise	83,500	$2.77M
Dec 16, 2025	CAREY CHASE Director	Sale	2,013	$193.6K
Dec 16, 2025	CAREY CHASE Director	Sale	81,487	$7.80M
Dec 15, 2025	DEEVY BRIAN Director	Other	6,517	$0
Dec 15, 2025	DEEVY BRIAN Director	Other	2,607	$0
Dec 15, 2025	CAREY CHASE Director	Other	5,123	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	399,160	$0
Dec 15, 2025	Wendling Brian J CAO/PFO	Other	17,266	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	229	$0
Dec 15, 2025	ROMRELL LARRY E Director	Other	5,163	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	114	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	26,533	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	191,741	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	10,792	$0
Dec 15, 2025	CAREY CHASE Director	Other	219	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	100,137	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	3,733,368	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	5,626	$0
Dec 15, 2025	MALONE EVAN DANIEL Director	Other	2,819	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	2,083	$0
Dec 15, 2025	BENNETT ROBERT R Director	Other	859	$0
Dec 15, 2025	Wong Andrea L Director	Other	898	$0
Dec 15, 2025	Gilchrist Malcolm Ian Grant Director	Other	1,781	$0
Dec 15, 2025	Wilm Renee L Chief Legal/Admin Officer	Other	13,401	$0
Dec 15, 2025	Gilchrist Malcolm Ian Grant Director	Other	132	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	159,784	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	2,262,545	$0
Dec 15, 2025	CHANG DEREK President & CEO	Other	1,024	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	143,750	$0
Dec 15, 2025	MALONE EVAN DANIEL Director	Other	1,591	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	130,225	$0
Dec 15, 2025	MALONE EVAN DANIEL Director	Other	12,399	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	73,988	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	297,194	$0
Dec 15, 2025	MALONE JOHN C Chairman of the Board	Other	1,486	$0
Dec 15, 2025	ROMRELL LARRY E Director	Other	11,572	$0
Dec 15, 2025	ROMRELL LARRY E Director	Other	56	$0
Dec 9, 2025	Wendling Brian J CAO/PFO	Option exercise	3,716	$0
Dec 9, 2025	Wendling Brian J CAO/PFO	Option exercise	1,472	$0

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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Liberty Media (FWONK) earnings

The figures, each with its period

Performance −12.4% 1Y

Jun 2026 (Q2 FY26) — Aug 6, 2026

Liberty Media earnings calls (FWONK)

What the filings say

FWONK revenue by segment

Insider filings

Open market

Compensation

Who traded

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