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Liberty Broadband Corporation

LBRDK and LBRDA

Liberty Broadband Corporation is a holding company primarily focused on its significant equity investment in Charter Communications, Inc. The company provides high-speed broadband, mobile, video, and voice services through the Spectrum brand, leveraging a fiber-powered network to deliver converged connectivity solutions.

Market cap
$4.25B-67.9%

Earnings

Next report

Jul 31, 2026 (in a month)
EPS estimate$2.13

Financials

Q1 2026

Income statement

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Revenue$261.0M+6.1%
Operating income-$5.0M+61.5%
Net income$203.0M-24.3%
EPS (diluted)$1.41-24.6%

Balance sheet

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Cash & equivalents$51.0M-77.4%
Total debt$2.6B-32.7%
Total equity$5.9B-41.3%
Total assets$9.9B-42.0%

Cash flow

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Operating cash flow-$74.0M-195%
CapEx$54.0M-12.9%
Free cash flow$37.0M+206%

Valuation & ratios

Valuation

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Market cap$4.25B-40.8%
Enterprise value$6.76B-38.3%
P/S+1.6×

Profitability

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Operating margin-5.2%-1.7pp
Net margin103%+21.2pp
FCF margin-4.7%-1.6pp

Returns & leverage

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Return on equity-34.4%-43.7pp
Debt / equity0.4×+0.1×
Current ratio1.1×-0.3×

Competitors

Profile

Liberty Broadband Corporation is a holding company primarily focused on its significant equity investment in Charter Communications, Inc. The company provides high-speed broadband, mobile, video, and voice services through the Spectrum brand, leveraging a fiber-powered network to deliver converged connectivity solutions. Its core value proposition centers on driving long-term infrastructure returns through network expansion and the integration of wireless and wireline technologies.

Competitive position

A leading broadband provider with a massive footprint of 58 million passings, currently undergoing a strategic merger to combine fully with Charter Communications.

GeographiesUnited States
Customer segmentsB2C, B2B, Public Sector
Business modelSubscription-based services, Advertising-supported, Wholesale, Managed services
SuppliersNetwork equipment manufacturers, Programming and content providers, Utility pole owners, Spectrum license regulators, Mobile network infrastructure providers
CustomersResidential consumers, Small business owners, Enterprise IT departments, Local and national advertisers, Multi-dwelling unit (MDU) managers
Listed2014
Employees1.9K
CEOMartin Edward Patterson
FilingsSEC EDGAR

Questions, answered.

What is Liberty Broadband Corporation's market cap?
Liberty Broadband Corporation (LBRDK) has a market capitalization of $4.3B and trades on NASDAQ.
What is Liberty Broadband Corporation's revenue and profitability?
Liberty Broadband Corporation generated $1.1B in trailing twelve-month revenue with a net loss of $2.7B, representing a net margin of 103.0%, with free cash flow of -$49.0M. These figures are based on the Q2 2025 filing.
Who are Liberty Broadband Corporation's competitors?
Liberty Broadband Corporation's key competitors include Comcast Corporation, AT&T Inc., Verizon Communications Inc., and others. These companies compete in similar markets and product categories.
Who does Liberty Broadband Corporation partner with?
Liberty Broadband Corporation's notable partners include Verizon Communications Inc., T-Mobile US, Inc., Apple Inc., and others.
What subsidiaries does Liberty Broadband Corporation have?
Liberty Broadband Corporation's subsidiaries include Charter Communications, Inc., GCI, LLC, Spectrum News NY1, and others.
Where is Liberty Broadband Corporation headquartered?
Liberty Broadband Corporation is headquartered in United States of America and employs approximately 1,900 people. It has been publicly traded since 2014.