Filing Flows › Liberty Global (LBTYA) › Q3 2025
Liberty Global (LBTYA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Liberty Global (LBTYA) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +13% from a year earlier and -5% from the quarter before. Operating margin was -0.7%, net loss $83.4M (6.9% of revenue).
Liberty Global, Q3 2025: revenue $1.2B (+13% year over year), operating margin -0.7%, net loss $83.4M, operating cash flow $302M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -5% | +13% |
| Operating profit | −$8.0M | -127% | — |
| Net earnings | −$83.4M | — | — |
| Operating cash flow | $302M | +102% | -33% |
What changed
Revenue was $1.2B in Q3 2025, up 13% year over year and down 5% from the previous quarter. Broadband internet was the largest line at 20% of revenue. Total B2B revenue added $0.02B year over year (up 10%), 15% of the total change.
Operating costs exceeded revenue by $0.01B, an operating margin of -0.7%. Total costs grew 17% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+23%). The quarter ended with a net loss of $0.08B, narrower than the previous quarter's $2.8B loss. Net interest and other expense of $0.12B was the main reason.
Operating cash flow was $0.30B (down 33% year over year). Non-cash charges added back $0.28B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.34B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was Liberty Global's revenue in the third quarter 2025?
Liberty Global (LBTYA) reported revenue of $1.2B for the third quarter 2025 (Q3 2025), +13% from a year earlier and -5% from the quarter before.
Was Liberty Global profitable in the third quarter 2025?
Operating loss was $8.0M (-0.7% of revenue) and net loss $83.4M.
Source: Liberty Global 10-Q on SEC EDGAR.