Filing Flows › Liberty Capital (GLIBA) › Q1 2026
Liberty Capital (GLIBA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Liberty Capital (GLIBA) reported revenue of $256M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -2% from the quarter before. Operating margin was 11.7%, net earnings $18.0M (7.0% of revenue).
Liberty Capital, Q1 2026: revenue $256M (-4% year over year), operating margin 11.7%, net earnings $18.0M, operating cash flow $78.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $256M | -2% | -4% |
| Operating profit | $30.0M | -6% | -48% |
| Net earnings | $18.0M | +12% | -49% |
| Operating cash flow | $78.0M | +15% | -34% |
| Free cash flow | $22.0M | — | -59% |
What changed
Revenue was $256.0M in Q1 2026, down 4% year over year and down 2% from the previous quarter. Business Revenue, Data was the largest line at 48% of revenue. Consumer Revenue, Other lost $5.0M year over year (down 56%), 50% of the total change.
Operating profit was $30.0M, a 11.7% margin (down 10.1 points year over year). Total costs grew 9% against a revenue fall of 4%. Net earnings were $18.0M, down 49% year over year. The effective tax rate was 30.8%.
Operating cash flow was $78.0M (down 34% year over year), 433% of net earnings. Non-cash charges added back $52.0M of depreciation and amortization and $8.0M of share-based compensation. Capital expenditures of $56.0M left free cash flow of $22.0M.
Questions
What was Liberty Capital's revenue in the first quarter 2026?
Liberty Capital (GLIBA) reported revenue of $256M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -2% from the quarter before.
Was Liberty Capital profitable in the first quarter 2026?
Operating profit was $30.0M (11.7% of revenue) and net earnings $18.0M.
Source: Liberty Capital 10-Q on SEC EDGAR.