Filing Flows › Liberty Global (LBTYA) › Q2 2026 › vs Q2 2025
Liberty Global (LBTYA) Q2 2026 vs Q2 2025 (year over year)
Liberty Global's revenue fell $97.1M (-8%) from $1.3B in Q2 2025 to $1.2B in Q2 2026. The biggest changes: Other revenue −$85.5M (-20%); Total residential revenue −$17.7M (-3%); Total B2B revenue +$6.1M (+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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Broadband internet | $248M | $238M | $10.2M | +4% |
| Video | $132M | $154M | −$21.9M | -14% |
| Subscription revenue | $131M | $125M | $5.6M | +4% |
| Non-subscription revenue | $118M | $113M | $5.1M | +4% |
| Subscription revenue | $114M | $112M | $1.0M | +0.9% |
| Fixed-line telephony | $35.2M | $47.2M | −$12.0M | -25% |
| Non-subscription revenue | $34.6M | $37.6M | −$3.0M | -8% |
| Non-subscription revenue | $8.0M | $4.6M | $3.4M | +74% |
| Total residential revenue | $589M | $606M | −$17.7M | -3% |
| Total B2B revenue | $232M | $226M | $6.1M | +3% |
| Other revenue | $351M | $437M | −$85.5M | -20% |
| Revenue | $1.2B | $1.3B | −$97.1M | -8% |
| Net loss | $358M | $2.8B | −$2.4B | -87% |
| Costs & expenses | $1.5B | $4.0B | −$2.5B | -62% |
| Operating costs | $1.2B | $1.2B | −$70.5M | -6% |
| Interest & other, net | $338M | $2.8B | −$2.5B | -88% |
| Income tax | $22.8M | $900K | $21.9M | 25× |
| Cost of revenue | $375M | $465M | −$89.9M | -19% |
| SG&A | $312M | $305M | $7.0M | +2% |
| Other operating costs | $481M | $469M | $12.4M | +3% |
| Operating cash sources | $589M | $2.9B | −$2.3B | -80% |
| Depreciation & amortization | $262M | $251M | $11.7M | +5% |
| Share-based compensation | $43.9M | $49.4M | −$5.5M | -11% |
| Working capital & other | $282M | $2.6B | −$2.3B | -89% |
| Net loss absorbed | $358M | $2.8B | −$2.4B | -87% |
| Operating cash flow | $231M | $149M | $81.7M | +55% |
| Capital expenditures | $348M | $319M | $28.6M | +9% |
| Negative free cash flow (OCF − capex) | $117M | $170M | −$53.1M | -31% |
Questions
How much did Liberty Global's revenue grow year over year in Q2 2026?
Liberty Global's revenue fell $97.1M (-8%) from $1.3B in Q2 2025 to $1.2B in Q2 2026.
What drove Liberty Global's revenue change in Q2 2026?
Other revenue −$85.5M (-20%); Total residential revenue −$17.7M (-3%); Total B2B revenue +$6.1M (+3%).