L
Liberty Broadband Corp
Period
FY 2025
Revenue
—
Net Income
$-2.68B
Total Assets
$8.83B
Equity
$5.70B
Shares Out
—
Op. Cash Flow
$-327.00M
Business
Liberty Broadband Corporation is primarily an investment company that holds a significant economic ownership interest in Charter Communications, a leading broadband connectivity provider serving millions of homes and small to large businesses across multiple states. The company's core business consists of its equity method investment in Charter, which offers converged broadband, WiFi, mobile, video and voice services under the Spectrum brand. Liberty Broadband also owned GCI, a broadband and telecommunications provider, until divesting it as a discontinued operation. In November 2024, Charter agreed to acquire Liberty Broadband in an all-stock transaction.
Summary from 10-K filed 2026-02-05
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| General and administrative, including stock-based compensation | 36 | 50 | 39 | — | — | |
| Operating income (loss) | −36 | −50 | −39 | −39 | −98 | |
| Interest expense (including amortization of deferred loan fees) | −110 | −145 | −155 | −133 | — | |
| Share of earnings (losses) of affiliate (note 6) | −3,062 | 1,323 | 1,155 | 1,326 | 1,194 | |
| Gain (loss) on dilution of investment in affiliate (note 6) | −96 | −32 | −60 | −63 | −102 | |
| Realized and unrealized gains (losses) on financial instruments, net (note 5) | 51 | −125 | −101 | 334 | 67 | |
| Other, net | −1 | 12 | 23 | −70 | −6 | |
| Earnings (loss) before income taxes | −3,254 | 983 | 823 | 1,534 | 950 | |
| Income tax benefit (expense) | 923 | −187 | −175 | −277 | −218 | |
| Net earnings (loss) from continuing operations | −2,331 | 796 | 648 | — | — | |
| Net earnings (loss) from discontinued operations | −345 | 73 | 40 | — | — | |
| Net earnings (loss) | −2,676 | 869 | 688 | 1,257 | 732 | |
| Basic net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | −16.3 | 5.57 | 4.44 | — | — | |
| Basic net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | −2.41 | 0.51 | 0.27 | — | — | |
| Diluted net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | −16.3 | 5.57 | 4.41 | — | — | |
| Diluted net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) | −2.41 | 0.51 | 0.27 | — | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 57 | 89 | 79 | 375 | 191 | |
| Restricted cash and other current assets | 46 | 19 | — | — | — | |
| Current assets of discontinued operations | 0 | 315 | — | — | — | |
| Total current assets | 103 | 423 | 430 | 660 | 459 | |
| Investment in Charter, accounted for using the equity method (note 6) | 8,670 | 13,057 | — | 11,433 | 13,260 | |
| Restricted cash and other assets, net | 57 | 135 | — | — | — | |
| Non-current assets of discontinued operations | 0 | 3,072 | — | — | — | |
| Total assets | 8,830 | 16,687 | 15,641 | 15,142 | 16,968 | |
| Taxes payable | 23 | — | — | — | — | |
| Current portion of debt, including $956 and zero measured at fair value, respectively (note 7) | 956 | 3 | 3 | 1,376 | 28 | |
| Other current liabilities | 8 | 10 | 59 | 137 | 106 | |
| Current liabilities of discontinued operations | — | 190 | — | — | — | |
| Total current liabilities | 987 | 200 | 178 | 1,675 | 582 | |
| Long-term debt, net, including zero and $1,897 measured at fair value, respectively (note 7) | 790 | 2,687 | 3,733 | 2,425 | 3,733 | |
| Deferred income tax liabilities (note 8) | 1,155 | 2,028 | 2,216 | 2,040 | 1,998 | |
| Preferred stock (note 9) | 200 | 201 | 202 | 202 | 203 | |
| Non-current liabilities of discontinued operations | — | 1,763 | — | — | — | |
| Total liabilities | 3,132 | 6,879 | 6,618 | 6,641 | 6,829 | |
| Additional paid-in capital | 1,646 | 3,007 | 3,107 | 3,318 | 6,214 | |
| Accumulated other comprehensive earnings (loss), net of taxes | 15 | 73 | 52 | 9 | 14 | |
| Retained earnings | 4,036 | 6,712 | 5,843 | 5,155 | 3,898 | |
| Total stockholders' equity | 5,698 | 9,793 | 9,003 | 8,483 | 10,127 | |
| Non-controlling interests | — | 15 | 20 | 18 | 12 | |
| Total equity | 5,698 | 9,808 | 9,023 | 8,501 | 10,139 | |
| Commitments and contingencies (note 11) | — | — | — | — | — | |
| Total liabilities and equity | 8,830 | 16,687 | 15,641 | 15,142 | 16,968 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net earnings (loss) | −2,676 | 869 | 688 | — | — | |
| (Earnings) loss from discontinued operations | 345 | −73 | −40 | — | — | |
| Stock-based compensation | 5 | 15 | 15 | 37 | 41 | |
| Deferred income tax expense (benefit) | −851 | 180 | 155 | 54 | −15 | |
| State indemnification paid to GCI Liberty | −91 | — | — | — | — | |
| Current and other assets | 11 | 11 | −22 | 140 | 214 | |
| Payables and other liabilities | −3 | −14 | −38 | — | — | |
| Taxes payable | −174 | 4 | −25 | — | — | |
| Net cash provided by (used in) operating activities | −327 | −174 | −261 | — | — | |
| Cash received for Charter shares repurchased by Charter | 1,200 | 335 | 394 | 3,034 | 4,179 | |
| Cash released from escrow related to dispositions | — | — | 23 | — | — | |
| Purchase of investments | — | — | −53 | — | — | |
| Other investing activities, net | 7 | −12 | 2 | 6 | 2 | |
| Net cash provided by (used in) investing activities | 1,207 | 323 | 364 | — | — | |
| Borrowings of debt | 695 | 984 | 1,501 | 325 | 1,467 | |
| Repayment of debt | 1,647 | 1,094 | 1,610 | — | — | |
| Repurchases of Liberty Broadband common stock | — | −89 | −227 | −2,882 | −4,272 | |
| Indemnification payment to QVC Group | — | — | −45 | — | — | |
| Distribution from former subsidiary | — | 150 | 65 | — | — | |
| Other financing activities, net | 12 | −25 | 2 | −9 | −11 | |
| Net cash provided by (used in) financing activities | −940 | −74 | −314 | — | — | |
| Cash provided by (used in) operating activities | 247 | 278 | 277 | — | — | |
| Cash provided by (used in) investing activities | −115 | −193 | −214 | — | — | |
| Cash provided by (used in) financing activities | −206 | −107 | −76 | — | — | |
| Net cash provided by (used in) by discontinued operations | −74 | −22 | −13 | — | — | |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents | −134 | 53 | −224 | 194 | −1,227 |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro
Insider Activity
Person — Liberty Broadband Corp
- CIK
- 0001611983
- Insider filer
- Yes
Positions
| Company | Ticker | Role | Title | Tenure |
|---|---|---|---|---|
| CHARTER COMMUNICATIONS, INC. /MO/ | CHTR | director | — | 2014-11-06 → 2026-06-11 |
| COMSCORE, INC. | SCOR | director | — | 2023-05-18 → 2025-12-31 |
| GCI Liberty, Inc. | GLIBA | ten_percent | — | 2025-07-11 → 2025-07-14 |
Frequently asked questions
What is Liberty Broadband Corp's CIK number?
Liberty Broadband Corp's SEC CIK number is 0001611983 (1611983). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Liberty Broadband Corp's SEC filings?
All of Liberty Broadband Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.