Liberty Media Corporation SG&A decreased by 19.2% to $122.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.8%, from $101.00M to $122.00M. Over 3 years (FY 2021 to FY 2025), SG&A shows a downward trend with a -35.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $445.00M | $481.00M | $571.00M | $482.00M | $520.00M | $525.00M | $486.00M | $490.00M | $93.00M | $362.00M | $93.00M | $98.00M | $118.00M | $111.00M | $101.00M | $118.00M | $140.00M | $151.00M | $122.00M |
| QoQ Change | — | +8.1% | +18.7% | -15.6% | +7.9% | +1.0% | -7.4% | +0.8% | -81.0% | +289.2% | -74.3% | +5.4% | +20.4% | -5.9% | -9.0% | +16.8% | +18.6% | +7.9% | -19.2% |
| YoY Change | — | — | — | — | +16.9% | +9.1% | +0.8% | -5.8% | -82.3% | — | -80.9% | -80.0% | +26.9% | -69.3% | +8.6% | +20.4% | +18.6% | +36.0% | +20.8% |