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Other financials

Income statement

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Revenue$711.0M+59.1%
Operating income$64.0M+196%
Net income$57.0M+1,040%

Balance sheet

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Cash & equivalents$1.3B-57.7%
Total debt$5.0B+10.0%
Total equity$7.8B+10.4%
Total assets$15.9B+19.6%

Cash flow

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Operating cash flow$357.0M-8.7%
CapEx$20.0M-39.4%
Free cash flow$337.0M-5.9%

Valuation

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Market cap$24.04B-4.7%
Enterprise value$27.72B+5.0%
P/E39.6×
P/S5.1×-1.5×

Profitability

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Gross margin83.9%
Operating margin14.9%+11.4pp
Net margin12.8%+7.0pp
FCF margin16.2%

Returns & leverage

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Return on equity7.5%+4.4pp
Debt / equity0.7×+0.2×
Current ratio1.3×-1.2×

Where this comes from

Reported directly by Liberty Media Corporation in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Liberty Media Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Liberty Media Corporation's SG&A?
Liberty Media Corporation (FWONA) reported SG&A of $122M in Q1 2026.
How has Liberty Media Corporation's SG&A changed year-over-year?
Liberty Media Corporation's SG&A increased by 20.8% year-over-year, from $101M to $122M.
What is the long-term trend for Liberty Media Corporation's SG&A?
Over 3 years (2021 to 2025), Liberty Media Corporation's SG&A has grown at a -35.6% compound annual growth rate (CAGR), from $1.91B to $510M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.