Liberty Media Corporation logo

Liberty Media Corporation

FWONK and FWONANASDAQStock Fundamentals

Liberty Media Corporation is a leading global entertainment and motorsport company that owns and operates premier international racing championships. The company specializes in the commercial development, media distribution, and event management of high-profile sporting properties. Its core value proposition lies in leveraging exclusive long-term commercial rights to monetize global fan bases through media licensing, sponsorship, and high-end hospitality experiences.

Market Cap$22.8B
Revenue TTM$4.7B
Net Income TTM$607.0M
P/E Ratio37.57
Net Margin12.79%
Free Cash Flow TTM$768.0M
Employees6.4K
CEOStefano Domenicali
CountryUnited States of America
Communication Services
Entertainment
SegmentsEntertainment, Professional Sports, Media & Broadcasting
Business ModelsIP Licensing, Subscription OTT, Event Promotion, B2B Sponsorship
Most Recent EarningsMay 7, 2026 · 13 days agoQ1 2026
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Next EarningsAug 6, 2026 · in 3 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin14.92%
Current Ratio1.35
Total Debt$5.0B
Cash$1.3B
CapEx TTM$106.0M

Net Income

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Operating Cash Flow

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Free Cash Flow

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Business Segments

Formula 1

primary

Holds exclusive commercial rights to the FIA Formula One World Championship through 2110. The segment manages the global race calendar, produces international television feeds, and coordinates with teams and promoters to monetize the world's most prestigious motor racing series.

Products

F1 Championship, F1 TV, Formula 1 Paddock Club, F2, F3, F1 Academy

Customers

Broadcasters, Race Promoters, Corporate Sponsors, Retail Fans

MotoGP

major

Operates the premier class of motorcycle racing globally, including the MotoGP, Moto2, and Moto3 classes. The segment manages exclusive commercial rights to the FIM Grand Prix World Championship and other motorcycle series like WorldSBK.

Products

MotoGP Championship, VideoPass, MotoGP VIP Village, FIM Superbike World Championship (WorldSBK), MotoGP Premier

Customers

Media Organizations, Circuit Owners, Governmental Agencies, Global Advertisers

Segment Financials

Formula One — Team Payments

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Formula One — Revenue

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Formula One — Total Assets

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Motogp — Revenue

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Motogp — Total Assets

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Motogp — Other Cost And Expense Operating

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Business Overview

Competitive Position

The company holds a dominant position in global motorsport through century-long exclusive commercial rights and high barriers to entry due to complex regulatory and technical requirements.

Geographies

Global, United Kingdom, Spain, United States, Middle East, Asia-Pacific

Customer Segments

Media Networks, High Net Worth Individuals, Global Consumer Brands, Public Sector Entities

Upstream Dependencies

Fédération Internationale de l'Automobile (FIA), Fédération Internationale de Motocyclisme (FIM), Automotive Manufacturers, Specialized Engineering Teams

Downstream Customers

Global Media Networks, Regional Race Promoters, Corporate Hospitality Clients, Direct-to-Consumer Subscribers

Competitors & Partners

Subsidiaries

D

Delta Topco Limited

Parent company of Formula 1

M

MotoGP

Exclusive commercial rights holder for MotoGP Championship

Liberty Media Corporation logo

Liberty Media Corporation FAQ

Common questions about Liberty Media Corporation

Liberty Media Corporation is a leading global entertainment and motorsport company that owns and operates premier international racing championships. The company specializes in the commercial development, media distribution, and event management of high-profile sporting properties. Its core value proposition lies in leveraging exclusive long-term commercial rights to monetize global fan bases through media licensing, sponsorship, and high-end hospitality experiences.

Liberty Media Corporation (FWONK) has a market capitalization of $22.8B and trades on NASDAQ.

Liberty Media Corporation generated $4.7B in trailing twelve-month revenue with net income of $607.0M, representing a net margin of 12.8%, with free cash flow of $768.0M. These figures are based on the Q1 2026 filing.

Liberty Media Corporation's key competitors include Netflix. These companies compete in similar markets and product categories.

Liberty Media Corporation has approximately 6,400 employees.