Liberty Latin America Ltd. (LILAK) financial statements: income statement, balance sheet and cash flow
Liberty Latin America Ltd.'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 Latin America Ltd. reported revenue of $4.4B (-0.3% year on year) and net income of ($611.2M) (+7.0% year on year).
Income statement
Liberty Latin America Ltd. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$4.4B
$4.5B
$4.5B
$4.8B
Programming and other direct costs of services
$975.9M
$989.4M
$1.0B
$1.2B
Other operating costs and expenses
$1.8B
$2.0B
$1.9B
$2.0B
Depreciation and amortization
$904.9M
$968.3M
$1.0B
$910.7M
Impairment, restructuring and other operating items, net
$618.2M
$589.7M
$86.9M
$619.2M
Operating costs and expenses (exclusive of depreciation and amortization)
$4.3B
$4.5B
$4.0B
$4.7B
Operating income (loss)
$108.2M
($48.3M)
$517.7M
$94.1M
Interest expense
($656.4M)
($627.7M)
($601.7M)
($556.7M)
Realized and unrealized gains (losses) on derivative instruments, net
($20.0M)
$82.1M
($34.2M)
$359.4M
Foreign currency transaction gains (losses), net
($42.7M)
($18.3M)
$70.3M
($194.3M)
Losses on debt extinguishments, net
($14.4M)
($5.5M)
($3.9M)
$41.1M
Other expense, net
($27.5M)
($13.7M)
($10.6M)
($28.4M)
Non-operating income (expense)
($761.0M)
($583.1M)
($580.1M)
($209.5M)
Loss before income taxes
($652.8M)
($631.4M)
($62.4M)
($115.4M)
Income tax benefit (expense)
$98.5M
$4.1M
($24.4M)
($86.5M)
Net loss
($554.3M)
($627.3M)
($86.8M)
($201.9M)
Net loss (earnings) attributable to noncontrolling interests
($56.9M)
($29.7M)
$13.2M
$26.3M
Net loss attributable to Liberty Latin America shareholders
($611.2M)
($657.0M)
($73.6M)
($175.6M)
Basic net loss per share attributable to Liberty Latin America shareholders (in dollars per share)
-$3.06
-$3.31
-$0.35
-$0.79
Diluted net loss per share attributable to Liberty Latin America shareholders (in dollars per share)
-$3.06
-$3.31
-$0.35
-$0.79
Liberty Latin America Ltd. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenue
$1.1B
$1.1B
$1.1B
$1.1B
Programming and other direct costs of services
$229.0M
$235.5M
$247.6M
$232.4M
Other operating costs and expenses
$450.4M
$473.8M
$446.5M
$452.6M
Depreciation and amortization
$226.1M
$217.1M
$213.6M
$217.5M
Impairment, restructuring and other operating items, net
$15.9M
$11.2M
$17.3M
$517.2M
Operating costs and expenses (exclusive of depreciation and amortization)
$921.4M
$937.6M
$925.0M
$1.4B
Operating income (loss)
$181.2M
$145.2M
$187.5M
($333.0M)
Interest expense
($167.9M)
($164.2M)
($164.3M)
($165.4M)
Realized and unrealized gains (losses) on derivative instruments, net
$12.7M
($7.4M)
($9.6M)
($24.7M)
Foreign currency transaction gains (losses), net
$9.1M
$45.9M
($8.8M)
($33.0M)
Losses on debt extinguishments, net
$0
($2.3M)
$0
$0
Other expense, net
($11.1M)
($6.7M)
$7.0M
($14.7M)
Non-operating income (expense)
($157.2M)
($134.7M)
($175.7M)
($237.8M)
Earnings (loss) before income taxes
$24.0M
$10.5M
$11.8M
($570.8M)
Income tax benefit (expense)
($34.6M)
($26.7M)
$4.1M
$155.7M
Net loss
($10.6M)
($16.2M)
$15.9M
($415.1M)
Net earnings attributable to noncontrolling interests
($13.4M)
($6.5M)
($12.6M)
($8.2M)
Net loss attributable to Liberty Latin America shareholders
($24.0M)
($22.7M)
$3.3M
($423.3M)
Basic net loss per share attributable to Liberty Latin America shareholders (in dollars per share)
-$0.13
-$0.11
$0.02
-$2.12
Diluted net loss per share attributable to Liberty Latin America shareholders (in dollars per share)
-$0.13
-$0.11
$0.02
-$2.12
Balance sheet
Liberty Latin America Ltd. 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
$783.9M
$654.3M
$988.6M
$781.0M
Trade receivables, net
$653.6M
$704.3M
$686.1M
$603.3M
Prepaid expenses
$79.8M
$79.8M
$68.8M
$65.1M
Current notes receivable, net
$133.0M
$109.6M
$107.0M
$92.0M
Current contract assets
$124.0M
$105.8M
$110.2M
$107.3M
Other current assets, net
$471.9M
$396.4M
$359.5M
$430.2M
Total current assets
$2.2B
$2.1B
$2.4B
$2.1B
Goodwill
$3.0B
$3.0B
$3.5B
$3.4B
Property and equipment, net
$3.8B
$4.1B
$4.2B
$4.3B
Intangible assets not subject to amortization
$1.3B
$1.8B
$1.6B
$1.6B
Intangible assets subject to amortization, net
$361.0M
$414.3M
$541.6M
$688.1M
Other assets, net
$1.4B
$1.4B
$1.4B
$1.5B
Total assets
$12.2B
$12.8B
$13.6B
$13.6B
Accounts payable
$384.6M
$441.9M
$424.4M
$525.1M
Current portion of deferred revenue
$127.4M
$116.3M
$167.1M
$151.7M
Current portion of debt and finance lease obligations
$408.8M
$465.7M
$581.9M
$226.9M
Accrued interest
$150.1M
$134.7M
$157.3M
$118.2M
Accrued payroll and employee benefits
$102.4M
$95.8M
$79.1M
$82.1M
Current portion of operating lease liabilities
$95.0M
$87.5M
$84.3M
$76.7M
Other accrued and current liabilities
$709.6M
$653.4M
$613.5M
$581.2M
Total current liabilities
$2.0B
$2.0B
$2.1B
$1.8B
Long-term debt and finance lease obligations
$7.9B
$7.6B
$7.6B
$7.7B
Deferred tax liabilities
$411.6M
$580.3M
$630.6M
$691.2M
Deferred revenue
$81.9M
$88.0M
$91.6M
$109.3M
Other long-term liabilities
$820.6M
$847.3M
$832.1M
$792.9M
Total liabilities
$11.2B
$11.2B
$11.3B
$11.0B
Common stock
$2.5M
$2.4M
$2.4M
$2.4M
Undesignated preference shares, $0.01 par value; 50.0 million shares authorized; nil shares issued and outstanding at each period
0
0
0
0
Treasury shares, at cost; 52.4 million and 51.8 million shares, respectively
-448.9M
-444.1M
-361.2M
-243.4M
Additional paid-in capital
$5.4B
$5.3B
$5.3B
$5.2B
Accumulated deficit
($4.2B)
($3.6B)
($2.9B)
($2.9B)
Accumulated other comprehensive loss, net of taxes
($124.6M)
($154.2M)
($198.0M)
($149.2M)
Total Liberty Latin America shareholders
$555.6M
$1.1B
$1.8B
$1.9B
Noncontrolling interests
$507.9M
$505.0M
$546.2M
$648.7M
Total equity
$1.1B
$1.6B
$2.3B
$2.6B
Total liabilities and equity
$12.2B
$12.8B
$13.6B
$13.6B
Liberty Latin America Ltd. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$714.1M
$681.4M
$596.7M
$514.4M
Trade receivables, net
$674.7M
$667.7M
$708.3M
$699.5M
Prepaid expenses
$110.8M
$91.3M
$94.3M
$95.7M
Current notes receivable, net
$153.4M
$143.2M
$118.6M
$134.1M
Current contract assets
$114.1M
$125.2M
$101.0M
$98.1M
Other current assets, net
$501.7M
$468.1M
$408.5M
$431.7M
Total current assets
$2.3B
$2.2B
$2.1B
$2.0B
Goodwill
$3.1B
$3.0B
$3.0B
$3.0B
Property and equipment, net
$3.8B
$3.8B
$3.9B
$3.9B
Intangible assets not subject to amortization
$1.3B
$1.3B
$1.3B
$1.3B
Intangible assets subject to amortization, net
$331.1M
$347.9M
$376.7M
$361.8M
Other assets, net
$1.5B
$1.5B
$1.4B
$1.3B
Total assets
$12.2B
$12.2B
$12.0B
$12.0B
Accounts payable
$321.7M
$316.8M
$268.2M
$304.4M
Current portion of deferred revenue
$125.9M
$126.5M
$108.4M
$105.5M
Current portion of debt and finance lease obligations
$422.4M
$483.4M
$451.7M
$557.3M
Accrued interest
$149.3M
$151.6M
$152.8M
$146.6M
Accrued payroll and employee benefits
$84.6M
$75.1M
$110.0M
$94.6M
Current portion of operating lease liabilities
$96.0M
$97.2M
$93.9M
$92.1M
Other accrued and current liabilities
$713.9M
$711.1M
$615.9M
$570.9M
Total current liabilities
$1.9B
$2.0B
$1.8B
$1.9B
Long-term debt and finance lease obligations
$8.0B
$7.9B
$7.8B
$7.6B
Deferred tax liabilities
$404.8M
$401.3M
$343.9M
$380.6M
Deferred revenue
$97.8M
$92.0M
$79.8M
$82.1M
Other long-term liabilities
$789.9M
$811.9M
$824.1M
$870.1M
Total liabilities
$11.2B
$11.1B
$10.9B
$10.8B
Common stock
$2.6M
$2.6M
$2.4M
$2.4M
Issuance of Series A Preference Shares
200.0K
0
0
0
Treasury shares, at cost; 57.4 million and 52.4 million shares, respectively
-476.9M
-465.3M
-446.4M
-444.1M
Additional paid-in capital
$5.4B
$5.4B
$5.4B
$5.3B
Accumulated deficit
($4.3B)
($4.3B)
($4.2B)
($4.2B)
Accumulated other comprehensive loss, net of taxes
($59.5M)
($83.5M)
($131.4M)
($137.1M)
Total Liberty Latin America shareholders
$528.1M
$540.6M
$628.9M
$608.4M
Noncontrolling interests
$465.1M
$477.3M
$526.1M
$513.6M
Total equity
$993.2M
$1.0B
$1.2B
$1.1B
Total liabilities and equity
$12.2B
$12.2B
$12.0B
$12.0B
Cash flow statement
Liberty Latin America Ltd. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net loss
($554.3M)
($627.3M)
($86.8M)
($201.9M)
Share-based compensation expense
$54.4M
$73.0M
$88.7M
$93.5M
Depreciation and amortization
$904.9M
$968.3M
$1.0B
$910.7M
Impairments and other non-cash activity, net
$569.7M
$546.1M
$54.3M
$593.1M
Amortization of debt financing costs, premiums and discounts, net
$30.0M
$23.2M
$30.2M
$36.6M
Realized and unrealized losses (gains) on derivative instruments, net
$20.0M
($82.1M)
$34.2M
($359.4M)
Foreign currency transaction losses (gains), net
$42.7M
$18.3M
($70.3M)
$194.3M
Losses on debt modification and extinguishment, net
$14.4M
$5.5M
$3.9M
($41.1M)
Deferred income tax benefit
($238.8M)
($129.3M)
($87.4M)
($6.7M)
Receivables and other operating assets
$134.4M
$295.6M
$51.9M
($85.0M)
Payables and accruals
($171.5M)
($335.0M)
($130.0M)
($95.9M)
Net cash provided by operating activities
$805.9M
$756.3M
$897.0M
$868.8M
Capital expenditures, net
($500.0M)
($540.4M)
($585.0M)
($660.1M)
Cash paid in connection with acquisitions, net of cash acquired
$0
($95.4M)
$0
($230.8M)
Purchases of investments
($80.0M)
($47.3M)
—
—
Other investing activities, net
($12.3M)
($5.4M)
($30.8M)
($42.9M)
Net cash used by investing activities
($592.3M)
($688.5M)
($615.8M)
($1.1B)
Borrowings of debt
$1.9B
$1.7B
$1.1B
$337.6M
Payments of principal amounts of debt and finance lease obligations
($1.8B)
($2.0B)
($955.9M)
($276.7M)
Repurchase of Liberty Latin America common shares
0
-82.9M
-118.3M
-170.4M
Net cash received related to derivative instruments
$18.8M
$43.2M
$9.8M
$97.6M
Distributions to noncontrolling interest owners
($73.3M)
($55.1M)
($75.4M)
($1.9M)
Payment of financing costs and debt redemption premiums
($55.8M)
($18.0M)
($18.2M)
($7.8M)
Capital contribution from noncontrolling interest owner
$0
$2.0M
$5.1M
$0
Capped call premium payment
$0
($14.6M)
—
—
Other financing activities, net
($4.0M)
($3.6M)
($2.3M)
($7.6M)
Net cash used by financing activities
($43.6M)
($386.4M)
($62.4M)
($29.2M)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($40.3M)
($10.9M)
($7.9M)
($2.3M)
Net increase (decrease) in cash, cash equivalents and restricted cash
$129.7M
($329.5M)
$210.9M
($285.3M)
Beginning of year
$670.3M
$999.8M
$788.9M
$1.1B
End of year
$800.0M
$670.3M
$999.8M
$788.9M
Cash paid for interest
$599.9M
$618.9M
$521.4M
$506.4M
Net cash paid for taxes
$159.4M
$144.9M
$79.8M
$115.6M
Liberty Latin America Ltd. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net loss
($26.8M)
($16.2M)
($525.9M)
($541.8M)
Share-based compensation expense
$31.6M
$24.8M
$46.6M
$36.7M
Depreciation and amortization
$443.2M
$217.1M
$659.9M
$446.3M
Impairments and other non-cash activity, net
$15.8M
$6.8M
$502.4M
$514.4M
Amortization of debt financing costs, premiums and discounts, net
$15.7M
$7.9M
$22.0M
$14.6M
Realized and unrealized losses (gains) on derivative instruments, net
($5.3M)
$7.4M
$97.2M
$87.6M
Foreign currency transaction losses (gains), net
($55.0M)
($45.9M)
$46.0M
$37.2M
Losses on debt extinguishments, net
$2.3M
$2.3M
$14.4M
$14.4M
Deferred income tax benefit
($4.4M)
($21.3M)
($260.3M)
($205.9M)
Changes in operating assets and liabilities, net of the effect of an acquisition
($158.1M)
($140.7M)
($258.3M)
($237.7M)
Net cash provided by operating activities
$259.0M
$42.2M
$344.0M
$165.8M
Capital expenditures, net
($220.1M)
($99.3M)
($358.2M)
($236.0M)
Other investing activities, net
($16.3M)
($9.0M)
($59.4M)
($10.9M)
Net cash used by investing activities
($236.4M)
($108.3M)
($417.6M)
($246.9M)
Borrowings of debt
$493.0M
$158.1M
$1.7B
$1.2B
Payments of principal amounts of debt and finance lease obligations
($415.3M)
($122.9M)
($1.6B)
($1.2B)
Repurchase of Liberty Latin America common shares
-26.4M
-14.3M
0
0
Distributions to noncontrolling interest owners
($24.8M)
$0
—
—
Payment related to the LCR NCI Transaction
($52.7M)
($52.7M)
($29.1M)
($29.1M)
Payment of financing costs and debt redemption premiums
($41.0M)
($7.5M)
($48.4M)
($26.2M)
Other financing activities, net
($7.1M)
$200.0K
($4.1M)
($4.7M)
Net cash used by financing activities
($74.3M)
($39.1M)
$53.2M
($32.2M)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($900.0K)
$1.8M
($36.8M)
($26.2M)
Net decrease in cash, cash equivalents and restricted cash