Liberty Broadband Corp. (LBRDA) financial statements: income statement, balance sheet and cash flow
Liberty Broadband Corp.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Liberty Broadband Corp. reported net income of ($2.7B) (-407.9% year on year).
Income statement
Liberty Broadband Corp. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
General and administrative, including stock-based compensation
$36.0M
—
—
—
Operating income (loss)
($36.0M)
$92.0M
$73.0M
($39.0M)
Interest expense (including amortization of deferred loan fees)
($110.0M)
($194.0M)
($206.0M)
($133.0M)
Share of earnings (losses) of affiliate (note 6)
($3.1B)
$1.3B
$1.2B
$1.3B
Gain (loss) on dilution of investment in affiliate (note 6)
($96.0M)
($32.0M)
($60.0M)
($63.0M)
Realized and unrealized gains (losses) on financial instruments, net (note 5)
$51.0M
($125.0M)
($101.0M)
$334.0M
Other, net
($1.0M)
$18.0M
$27.0M
($70.0M)
Earnings (loss) before income taxes
($3.3B)
$1.1B
$888.0M
$1.5B
Income tax benefit (expense)
$923.0M
($213.0M)
($200.0M)
($277.0M)
Net earnings (loss) from continuing operations
($2.3B)
—
—
—
Net earnings (loss) from discontinued operations
($345.0M)
—
—
—
Net earnings (loss)
($2.7B)
$869.0M
$688.0M
$1.3B
Basic net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($16.3)
—
—
—
Basic net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($2.41)
—
—
—
Diluted net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($16.3)
—
—
—
Diluted net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($2.41)
—
—
—
Liberty Broadband Corp. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
General and administrative, including stock-based compensation
$4.0M
$5.0M
—
—
Operating income (loss)
($4.0M)
($5.0M)
($8.0M)
$41.0M
Interest expense
($23.0M)
($24.0M)
($28.0M)
($40.0M)
Share of earnings (losses) of affiliate (note 5)
($2.7B)
$308.0M
$295.0M
$345.0M
Gain (loss) on dilution of investment in affiliate (note 5)
($135.0M)
($70.0M)
($17.0M)
($15.0M)
Realized and unrealized gains (losses) on financial instruments, net (note 4)
$20.0M
($3.0M)
$18.0M
$76.0M
Other, net
$3.0M
$1.0M
($5.0M)
$7.0M
Earnings (loss) before income taxes
($2.8B)
$207.0M
$255.0M
$414.0M
Income tax benefit (expense)
$667.0M
($4.0M)
($418.0M)
($31.0M)
Net earnings (loss) from continuing operations
($2.1B)
$203.0M
$255.0M
—
Net earnings (loss)
($2.1B)
$203.0M
($154.0M)
$383.0M
Basic net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($14.86)
$1.42
$1.78
—
Diluted net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)
($14.86)
$1.41
$1.77
—
Balance sheet
Liberty Broadband Corp. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$57.0M
$163.0M
$158.0M
$375.0M
Restricted cash and other current assets
$46.0M
—
—
—
Current assets of discontinued operations
$0
—
—
—
Total current assets
$103.0M
$423.0M
$430.0M
$660.0M
Investment in Charter, accounted for using the equity method (note 6)
$8.7B
$13.1B
$12.1B
$11.4B
Restricted cash and other assets, net
$57.0M
—
—
—
Other assets, net
$5.0B
$300.0M
$236.0M
$180.0M
Non-current assets of discontinued operations
$0
—
—
—
Total assets
$8.8B
$16.7B
$15.6B
$15.1B
Taxes payable
$23.0M
—
—
—
Current portion of debt, including $956 and zero measured at fair value, respectively (note 7)
$956.0M
$3.0M
$3.0M
$1.4B
Other current liabilities
$8.0M
$64.0M
$59.0M
$137.0M
Total current liabilities
$987.0M
$200.0M
$178.0M
$1.7B
Long-term debt, net, including zero and $1,897 measured at fair value, respectively (note 7)
$790.0M
$3.8B
$3.7B
$2.4B
Deferred income tax liabilities (note 8)
$1.2B
$2.4B
$2.2B
$2.0B
Preferred stock (note 9)
200.0M
201.0M
202.0M
202.0M
Total liabilities
$3.1B
$6.9B
$6.6B
$6.6B
Common stock
$1.0M
$1.0M
$1.0M
$1.0M
Additional paid-in capital
$1.6B
$3.0B
$3.1B
$3.3B
Accumulated other comprehensive earnings (loss), net of taxes
$15.0M
$73.0M
$52.0M
$9.0M
Retained earnings
$4.0B
$6.7B
$5.8B
$5.2B
Total stockholders' equity
$5.7B
$9.8B
$9.0B
$8.5B
Total equity
$5.7B
$9.8B
$9.0B
$8.5B
Total liabilities and equity
$8.8B
$16.7B
$15.6B
$15.1B
Liberty Broadband Corp. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$43.0M
$51.0M
$73.0M
$180.0M
Restricted cash and restricted cash equivalents
$0
$973.0M
—
—
Other current assets
$35.0M
$51.0M
—
—
Total current assets
$78.0M
$1.1B
$85.0M
$364.0M
Investment in Charter, accounted for using the equity method (note 5)
$5.5B
$8.7B
$13.1B
$13.1B
Other assets, net
$98.0M
$63.0M
$57.0M
$227.0M
Total assets
$5.7B
$9.8B
$13.2B
$16.6B
Current portion of debt, including zero and $956 measured at fair value, respectively (note 6)
$864.0M
$965.0M
$102.0M
$396.0M
Other current liabilities
$18.0M
$20.0M
—
$77.0M
Total current liabilities
$882.0M
$985.0M
$350.0M
$604.0M
Long-term debt, net (note 6)
$359.0M
$1.6B
$1.7B
$2.7B
Deferred income tax liabilities
$495.0M
$1.2B
$2.1B
$2.4B
Preferred stock (note 7)
199.0M
200.0M
200.0M
200.0M
Total liabilities
$1.9B
$4.0B
$4.3B
$6.2B
Common stock
$1.0M
$1.0M
$1.0M
$1.0M
Additional paid-in capital
$1.6B
$1.6B
$1.6B
$3.0B
Retained earnings
$2.1B
$4.2B
$7.2B
$7.4B
Total stockholders' equity
$3.7B
$5.9B
$8.9B
$10.4B
Total liabilities and equity
$5.7B
$9.8B
$13.2B
$16.6B
Cash flow statement
Liberty Broadband Corp. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings (loss)
($2.7B)
$869.0M
$688.0M
$1.3B
(Earnings) loss from discontinued operations
$345.0M
—
—
—
Stock-based compensation
$5.0M
$28.0M
$34.0M
$37.0M
Share of (earnings) losses of affiliate, net
$3.1B
($1.3B)
($1.2B)
($1.3B)
(Gain) loss on dilution of investment in affiliate
$96.0M
$32.0M
$60.0M
$63.0M
Realized and unrealized (gains) losses on financial instruments, net
($51.0M)
$125.0M
$101.0M
($334.0M)
Deferred income tax expense (benefit)
($851.0M)
$170.0M
$168.0M
$54.0M
State indemnification paid to GCI Liberty
($91.0M)
—
—
—
Current and other assets
$11.0M
$43.0M
$20.0M
$140.0M
Payables and other liabilities
($3.0M)
($43.0M)
($126.0M)
($93.0M)
Taxes payable
($174.0M)
—
—
—
Net cash provided by (used in) operating activities
($327.0M)
$104.0M
$16.0M
($56.0M)
Cash received for Charter shares repurchased by Charter
1.2B
335.0M
394.0M
3.0B
Other investing activities, net
$7.0M
($12.0M)
$2.0M
$6.0M
Net cash provided by (used in) investing activities
$1.2B
$130.0M
$150.0M
$3.0B
Borrowings of debt
$695.0M
$1.1B
$1.5B
$325.0M
Repayment of debt
$1.6B
—
—
—
Other financing activities, net
$12.0M
($30.0M)
($3.0M)
($9.0M)
Net cash provided by (used in) financing activities
($940.0M)
($181.0M)
($390.0M)
($2.8B)
Cash provided by (used in) operating activities
$247.0M
—
—
—
Cash provided by (used in) investing activities
($115.0M)
—
—
—
Cash provided by (used in) financing activities
($206.0M)
—
—
—
Net cash provided by (used in) by discontinued operations
($74.0M)
—
—
—
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
($134.0M)
$53.0M
($224.0M)
$194.0M
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period
$229.0M
$176.0M
—
—
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period
$95.0M
$229.0M
—
—
Liberty Broadband Corp. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net earnings (loss)
($1.9B)
$203.0M
$497.0M
$651.0M
Stock-based compensation
$2.0M
$1.0M
$4.0M
$9.0M
Share of (earnings) losses of affiliate, net
$2.3B
($308.0M)
($958.0M)
($663.0M)
(Gain) loss on dilution of investment in affiliate
$205.0M
$70.0M
$50.0M
$33.0M
Realized and unrealized (gains) losses on financial instruments, net
($17.0M)
$3.0M
($57.0M)
($39.0M)
Deferred income tax expense (benefit)
($652.0M)
$13.0M
$72.0M
($1.0M)
Current and other assets
$2.0M
$2.0M
$9.0M
$101.0M
Payables and other liabilities
$9.0M
$13.0M
($61.0M)
($25.0M)
Taxes payable
($90.0M)
($71.0M)
—
—
Net cash provided by (used in) operating activities
($118.0M)
($74.0M)
($96.0M)
$169.0M
Cash received for Charter shares repurchased by Charter
595.0M
190.0M
900.0M
600.0M
Other investing activities, net
$3.0M
$3.0M
$7.0M
$11.0M
Net cash provided by (used in) investing activities
$598.0M
$193.0M
$907.0M
$511.0M
Borrowings of debt
$1.2B
$855.0M
$500.0M
$1.2B
Repayments of debt
($1.8B)
($45.0M)
—
—
Net cash provided by (used in) financing activities
($532.0M)
$810.0M
($889.0M)
($713.0M)
Cash provided by (used in) operating activities
$0
$0
$247.0M
—
Cash provided by (used in) investing activities
$0
$0
($115.0M)
—
Cash provided by (used in) financing activities
$0
$0
($206.0M)
—
Net cash provided by (used in) discontinued operations
$0
$0
($74.0M)
—
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
($52.0M)
$929.0M
($152.0M)
($33.0M)
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period
$95.0M
$95.0M
$229.0M
$229.0M
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period