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Liberty Global LBTYB VodafoneZiggo JV (nonconsolidated) — Adjusted EBITDA

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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 lbtya:AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization.

The source filing: Liberty Global’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 8:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001570585-26-000109
Line itemAdjusted EBITDA / Three months ended June 30, 2026Adjusted EBITDA / Three months ended June 30, 2025Adjusted EBITDA / Six months ended June 30, 2026Adjusted EBITDA / Six months ended June 30, 2025
in millions
Telenet$197.0$185.1$380.9$340.9
Wyre141.6152.9295.9298.7
VM Ireland40.441.478.878.6
VMO2 JV (nonconsolidated)1,180.31,172.32,272.12,245.7
VodafoneZiggo JV (nonconsolidated)470.1496.7952.1959.8
Total reportable segment Adjusted EBITDA$2,029.4$2,048.4$3,979.8$3,923.7

ITEM 6. [EXHIBITS](#ia2320494d72041aab5da800f00084358_262) [80](#ia2320494d72041aab5da800f00084358_262)

FAQ

What is Liberty Global's vodafoneziggo JV (nonconsolidated) — adjusted EBITDA?
Liberty Global (LBTYB) reported vodafoneziggo JV (nonconsolidated) — adjusted EBITDA of $470.1M in Q2 2026.
How has Liberty Global's vodafoneziggo JV (nonconsolidated) — adjusted EBITDA changed year-over-year?
Liberty Global's vodafoneziggo JV (nonconsolidated) — adjusted EBITDA decreased by 5.4% year-over-year, from $496.7M to $470.1M.
What does vodafoneziggo JV (nonconsolidated) — adjusted EBITDA mean?
This metric represents the operating profitability of the joint venture, excluding non-cash items like depreciation and amortization, as well as non-recurring charges. It serves as a key indicator of the operational cash flow generation capability of the converged fixed and mobile network assets within the specific geographic market. Investors use this to assess the underlying performance and margin efficiency of the partnership independent of its capital structure.

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