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Filing Flows › Liberty Global (LBTYA) › Q2 2026 › vs Q1 2026

Liberty Global (LBTYA) Q2 2026 vs Q1 2026 (quarter over quarter)

Liberty Global's revenue fell $103M (-8%) from $1.3B in Q1 2026 to $1.2B in Q2 2026. The biggest changes: Other revenue −$70.3M (-17%); Total residential revenue −$31.5M (-5%); Total B2B revenue −$800K (-0.3%).

Liberty Global, Q2 2026: revenue $1.2B (-8% year over year), operating margin 0.3%, net loss $358M, operating cash flow $231M. The chart draws each line against Q1 2026, the increases inside each band.

Liberty Global: what changed, Q2 2026 vs Q1 2026Liberty Global: what changed, Q2 2026 vs Q1 2026Interest & other, net$848MOperating cash sources$839MWorking capital & other$835MNet loss$716MNet loss absorbed$716MCosts & expenses−$255MNegative free cash flow (OCF …−$173MIncome tax−$153MOperating cash flow$123MOperating costs−$81.8M

Every line

LineQ2 2026Q1 2026Change%
Broadband internet$248M$248M$100K0%
Video$132M$147M−$15.5M-11%
Subscription revenue$131M$128M$2.1M+2%
Non-subscription revenue$118M$119M−$400K-0.3%
Subscription revenue$114M$114M−$400K-0.4%
Fixed-line telephony$35.2M$44.9M−$9.7M-22%
Non-subscription revenue$34.6M$43.0M−$8.4M-20%
Non-subscription revenue$8.0M$8.1M−$100K-1%
Total residential revenue$589M$620M−$31.5M-5%
Total B2B revenue$232M$233M−$800K-0.3%
Other revenue$351M$422M−$70.3M-17%
Revenue$1.2B$1.3B−$103M-8%
Net loss$358M−$358M$716M—
Costs & expenses$1.5B$1.8B−$255M-14%
Operating costs$1.2B$1.3B−$81.8M-7%
Interest & other, net$338M−$510M$848M—
Income tax$22.8M$175M−$153M-87%
Cost of revenue$375M$427M−$51.2M-12%
SG&A$312M$299M$13.7M+5%
Other operating costs$481M$526M−$44.3M-8%
Operating cash sources$589M−$251M$839M—
Depreciation & amortization$262M$265M−$2.3M-0.9%
Share-based compensation$43.9M$37.1M$6.8M+18%
Working capital & other$282M−$552M$835M—
Net loss absorbed$358M−$358M$716M—
Operating cash flow$231M$108M$123M+115%
Capital expenditures$348M$398M−$49.7M-12%
Negative free cash flow (OCF − capex)$117M$290M−$173M-60%

Questions

How much did Liberty Global's revenue grow quarter over quarter in Q2 2026?

Liberty Global's revenue fell $103M (-8%) from $1.3B in Q1 2026 to $1.2B in Q2 2026.

What drove Liberty Global's revenue change in Q2 2026?

Other revenue −$70.3M (-17%); Total residential revenue −$31.5M (-5%); Total B2B revenue −$800K (-0.3%).

Q2 2026 results → · Compare in the interactive Sankey →