Liberty Global LBTYB Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Telenet | $759.4M-9.8% | $842.3M+4.6% | $804.9M+0.5% | $801M+7.8% | $743.2M-4.9% | |
| Wyre | $198.9M— | —— | —— | —— | $180.8M— | |
| Adjusted EBITDA by Business | ||||||
| Telenet | $183.9M-39.8% | $305.4M-14.9% | $358.9M+6.2% | $337.9M+117% | $155.8M-49.9% | |
| VMO2 JV (nonconsolidated) | $1.09B— | —— | $1.25B+6.7% | $1.17B+9.2% | $1.07B— | |
| VodafoneZiggo JV (nonconsolidated) | $482M— | —— | $522.2M+5.1% | $496.7M+7.3% | $463.1M— | |
| Wyre | $154.3M— | —— | —— | —— | $145.8M— | |
| Operating expenses: by Business | ||||||
| Telenet | $255.4M-20.6% | $321.6M+15.6% | $278.3M+1.1% | $275.3M+17.3% | $234.7M-10.4% | |
| Wyre | $42.9M— | —— | —— | —— | $33.4M— | |
| Total consolidated property and equipment additions by Business | ||||||
| Telenet | $108.1M-68.2% | $340.2M+36.3% | $249.6M-35.2% | $385.1M+194% | $130.9M-50.6% | |
| VM Ireland | $45.6M-18.3% | $55.8M-10.3% | $62.2M+12.3% | $55.4M+29.1% | $42.9M-10.8% | |
| VMO2 JV (nonconsolidated) | $609.5M-13.8% | $707.2M+9.2% | $647.7M-3.7% | $672.9M+13.2% | $594.2M-15.3% | |
| VodafoneZiggo JV (nonconsolidated) | $250M-20.4% | $314M+31.7% | $238.4M+4.5% | $228.2M+10.3% | $206.9M-3.1% | |
| Wyre | $192.6M— | —— | —— | —— | $115.8M— | |
| Foreign currency translation adjustments and other by Business | ||||||
| Telenet | -$41.9M— | —— | —— | $244.3M+106% | $118.8M+158% | |
| Wyre | -$7.6M— | —— | —— | —— | —— | |
| Programming and other direct costs of services (note 10) by Business | ||||||
| Telenet | $320.1M+48.7% | $215.3M+28.4% | $167.7M-10.7% | $187.8M-46.8% | $352.7M+69.2% | |
| Wyre | $1.7M— | —— | —— | —— | $1.6M— | |
| Goodwill by Business | ||||||
| Telenet | $2.47B-1.7% | $2.52B-16.6% | $3.02B-0.1% | $3.02B+8.7% | $2.78B+4.6% | |
| Wyre | $449.4M-1.7% | $457M— | —— | —— | —— | |
| Revenue by Product | ||||||
| Broadband internet | $248.4M+1.1% | $245.7M-0.6% | $247.2M+3.7% | $238.3M+9.1% | $218.4M-2.1% | |
| Businessto Business Non Subscription | $118.9M0.0% | $118.9M+2.0% | $116.6M+2.8% | $113.4M+9.9% | $103.2M-1.4% | |
| Fixed-line telephony | $44.9M-3.6% | $46.6M-2.5% | $47.8M+1.3% | $47.2M+6.5% | $44.3M-4.5% | |
| Non-subscription revenue | $8.1M-15.6% | $9.6M+15.7% | $8.3M+80.4% | $4.6M-9.8% | $5.1M-50.0% | |
| Other revenue | $421.6M+17.1% | $359.9M+3.0% | $349.4M-20.0% | $436.8M+9.1% | $400.4M+24.8% | |
| Subscription revenue | $128.5M-0.1% | $128.6M-1.8% | $131M+4.8% | $125M+8.0% | $115.7M-3.3% | |
| Video | $147.3M-1.0% | $148.8M-3.3% | $153.8M+0.1% | $153.7M+6.7% | $144.1M-2.2% | |
| Revenue (notes 4, 6, 7 and 19) by Product | ||||||
| Non-subscription revenue | $43M-27.1% | $59M+62.5% | $36.3M-3.5% | $37.6M+3.9% | $36.2M-19.0% | |
| Subscription revenue | $113.9M-0.1% | $114M-2.3% | $116.7M+3.7% | $112.5M+8.4% | $103.8M-2.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Liberty Global break its business down?
- Liberty Global (LBTYB) reports revenue by business across 2 parts — Telenet and Wyre. Each is extracted from the segment footnotes and tracked over time.
- Where does Liberty Global's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Liberty Global's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.