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Liberty Global LBTYB Telenet — Reclassification to assets held for sale

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Other financials

Income statement

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Revenue$1.2B-7.7%
Gross profit$796.6M-0.9%
Operating income$3.0M-89.9%
Net income-$365.1M+86.9%
EPS (diluted)$0.96+125%

Balance sheet

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Cash & equivalents$2.4B+33.1%
Total debt$9.8B-22.4%
Total equity$9.2B-29.0%
Total assets$21.5B-20.7%

Cash flow

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Operating cash flow$230.9M+54.8%
CapEx$347.9M+9.0%
Free cash flow-$117.0M+31.2%

Valuation

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Market cap$4.19B+7.9%
Enterprise value$11.58B-21.3%
P/S0.9×

Profitability

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Gross margin67.2%
Operating margin-1.8%
Net margin-62.1%
FCF margin9.4%-1.6pp

Returns & leverage

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Return on equity-27.3%+11.1pp
Debt / equity1.1×+0.1×
Current ratio1.3×+0.3×

Where this comes from

Reported directly by Liberty Global in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTransfers.

The source filing: Liberty Global’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 8:43 AM EST
Fiscal year
FY2025
Accession
0001570585-26-000014
Line itemJanuary 1,2025Acquisitions, dispositionsand relatedadjustments (a)Reclassification to assets held for sale (b)Foreign currency translation adjustments and otherDecember 31,2025
in millions
Telenet$2,656.4$(39.1)$356.2$2,973.5
VM Ireland250.833.6284.4
Other245.430.6(66.4)35.3244.9
Total$3,152.6$(8.5)$(66.4)$425.1$3,502.8

Item 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

FAQ

What is Liberty Global's telenet — reclassification to assets held for sale?
Liberty Global (LBTYB) reported telenet — reclassification to assets held for sale of $0 in Q4 2025.
What does telenet — reclassification to assets held for sale mean?
Represents the carrying value of assets within the Telenet segment that have been designated for divestiture and are expected to be sold within the near term. This provides transparency into the segment's strategic efforts to prune non-core assets and optimize its balance sheet.

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