Liberty Global LBTYB Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Telenet | $759.4M+2.2% | $842.3M+7.8% | $804.9M+2.5% | $801M+6.1% | $743.2M-2.5% | |
| Wyre | $198.9M+10.0% | —— | —— | —— | $180.8M— | |
| Adjusted EBITDA by Business | ||||||
| Telenet | $183.9M+18.0% | $305.4M-1.8% | $358.9M-0.6% | $337.9M+8.3% | $155.8M-49.5% | |
| VMO2 JV (nonconsolidated) | $1.09B+1.7% | —— | $1.25B+6.8% | $1.17B+3.5% | $1.07B— | |
| VodafoneZiggo JV (nonconsolidated) | $482M+4.1% | —— | $522.2M-1.1% | $496.7M-4.2% | $463.1M— | |
| Wyre | $154.3M+5.8% | —— | —— | —— | $145.8M— | |
| Operating expenses: by Business | ||||||
| Telenet | $255.4M+8.8% | $321.6M+22.7% | $278.3M+11.2% | $275.3M+6.0% | $234.7M-8.2% | |
| Wyre | $42.9M+28.4% | —— | —— | —— | $33.4M— | |
| Total consolidated property and equipment additions by Business | ||||||
| Telenet | $108.1M-17.4% | $340.2M+28.3% | $249.6M+10.2% | $385.1M+91.4% | $130.9M-28.7% | |
| VM Ireland | $45.6M+6.3% | $55.8M+16.0% | $62.2M+40.4% | $55.4M+33.2% | $42.9M+8.9% | |
| VMO2 JV (nonconsolidated) | $609.5M+2.6% | $707.2M+0.8% | $647.7M-5.8% | $672.9M+14.8% | $594.2M-13.4% | |
| VodafoneZiggo JV (nonconsolidated) | $250M+20.8% | $314M+47.0% | $238.4M+10.5% | $228.2M-10.5% | $206.9M-15.4% | |
| Wyre | $192.6M+66.3% | —— | —— | —— | $115.8M— | |
| Foreign currency translation adjustments and other by Business | ||||||
| Telenet | -$41.9M-135% | —— | —— | $244.3M+1,379% | $118.8M+265% | |
| Wyre | -$7.6M— | —— | —— | —— | —— | |
| Programming and other direct costs of services (note 10) by Business | ||||||
| Telenet | $320.1M-9.2% | $215.3M+3.3% | $167.7M-3.6% | $187.8M+2.4% | $352.7M+77.6% | |
| Wyre | $1.7M+6.3% | —— | —— | —— | $1.6M— | |
| Goodwill by Business | ||||||
| Telenet | $2.47B-10.9% | $2.52B-5.3% | $3.02B+5.4% | $3.02B+9.8% | $2.78B-4.5% | |
| Wyre | $449.4M— | $457M— | —— | —— | —— | |
| Revenue by Product | ||||||
| Broadband internet | $248.4M+13.7% | $245.7M+10.1% | $247.2M+7.9% | $238.3M+8.8% | $218.4M-0.5% | |
| Businessto Business Non Subscription | $118.9M+15.2% | $118.9M+13.6% | $116.6M+14.4% | $113.4M+8.6% | $103.2M+2.9% | |
| Fixed-line telephony | $44.9M+1.4% | $46.6M+0.4% | $47.8M-4.2% | $47.2M-3.7% | $44.3M-12.6% | |
| Non-subscription revenue | $8.1M+58.8% | $9.6M-5.9% | $8.3M+76.6% | $4.6M+39.4% | $5.1M+50.0% | |
| Other revenue | $421.6M+5.3% | $359.9M+12.2% | $349.4M+34.5% | $436.8M+65.8% | $400.4M+36.9% | |
| Subscription revenue | $128.5M+11.1% | $128.6M+7.4% | $131M+5.1% | $125M+3.3% | $115.7M-4.9% | |
| Video | $147.3M+2.2% | $148.8M+0.9% | $153.8M+0.6% | $153.7M+3.9% | $144.1M-3.9% | |
| Revenue (notes 4, 6, 7 and 19) by Product | ||||||
| Non-subscription revenue | $43M+18.8% | $59M+32.0% | $36.3M+2.0% | $37.6M-11.7% | $36.2M-22.0% | |
| Subscription revenue | $113.9M+9.7% | $114M+7.3% | $116.7M+5.0% | $112.5M+4.9% | $103.8M-3.0% |
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.