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Liberty Media Corporation logo

Liberty Media Corporation Business Segments

Business, geographic, and product segment breakdowns

Liberty Media Corporation generates $4.7B in annual revenue across 2 key segments: Formula1And Other Quintevents ($8.5B), and Formula One And Other Subsidiaries ($7.0B). The company-wide operating margin is 14.92%. Based on the Q1 2026 filing.

Formula1And Other Quintevents$8.5BFormula One And Other Subsidiaries$7.0B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$22.7B
P/E Ratio37.33

Products & Services

Cost Of Goods And Service Excluding Depreciation Depletion And Amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Motorsport$822M$286M$779M$631M$1.1B$413M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Motorsport$1.1B$400M$1.2B$1B$1.5B$711M
Primary$797M$319M$1B$885M$850M$579M

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-Current Assets————$1M—
Revenue—$3M$3M$3M$3M—

Business Segments

Revenue Remaining Performance Obligation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One And Other Subsidiaries—$5.7B$6.1B$7.9B—$7B
Formula1And Other Quintevents$7.2B———$8.5B—

Adjusted Oibda

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$202M$85M$361M$234M$266M$172M
Motogp———$66M$51M$16M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$9.2B$9.5B$9.7B$8.4B$8.2B$8.7B
Motogp———$6.4B$6.3B$6.2B

Other Cost And Expense Operating

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$543M$128M$274M$211M$568M$176M
Motogp———$84M$78M$59M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$1.1B$403M$1.2B$869M$1.4B$617M
Motogp———$169M$156M$94M

Selling General And Administrative Excluding Stock Based Compensation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$84M$76M$78M$83M$109M$85M
Motogp———$19M$27M$19M

Team Payments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Formula One$297M$114M———$184M