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Liberty Latin America (LILA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 5, 2025

Liberty Latin America (LILA) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +2% from a year earlier and +2% from the quarter before. Operating margin was 16.9%, net earnings $15.9M (1.4% of revenue).

Revenue$1.1B
Year over year+2%
Quarter over quarter+2%
Operating margin16.9%
Net earnings$15.9M

Liberty Latin America, Q3 2025: revenue $1.1B (+2% year over year), operating margin 16.9%, net earnings $15.9M, operating cash flow $178M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.1B+2%+2%
Operating profit$188M——
Net earnings$15.9M——
Operating cash flow$178M+26%+0.4%
Free cash flow$56.0M29×+10%

What changed

Revenue was $1.1B in Q3 2025, up 2% year over year and up 2% from the previous quarter. B2B revenue was the largest line at 32% of revenue. Interconnect, inbound roaming, equipment sales and other added $0.01B year over year (up 12%), 52% of the total change. Service revenue declined 1%.

Operating profit was $0.19B, a 16.9% margin (up 51.7 points year over year). Total costs fell 37% while revenue rose 2%. Net earnings were $3.3M. The effective tax rate was -34.7%.

Operating cash flow was $0.18B (roughly flat year over year), 1121% of net income including minority interests. Non-cash charges added back $0.21B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.12B left free cash flow of $0.06B.

Questions

What was Liberty Latin America's revenue in the third quarter 2025?

Liberty Latin America (LILA) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +2% from a year earlier and +2% from the quarter before.

Was Liberty Latin America profitable in the third quarter 2025?

Operating profit was $188M (16.9% of revenue) and net earnings $15.9M.

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Source: Liberty Latin America 10-Q on SEC EDGAR.