LBTYK

MKT CAP:$4B

Liberty Global plc

Market Cap

$4B

Communication Services·Telecommunications Services·🇬🇧 United Kingdom·NASDAQ

Communication·Telecommunications·🇬🇧·NASDAQ

Stock Price

$11.72+$0.90 (+8.32%)

Apr 23, 2026

Company Details

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intell...

CEO

Michael Thomas Fries

IPO Date

Sep 8, 2005

Website

www.libertyglobal.com

Key Metrics TTM

Revenue

$4.6B

-21.8% YoY

Net Income

-$3.3B

EPS (Diluted)

-$9.71

Free Cash Flow

$439M

Revenue / Share

$12.76

Gross Margin

65.7%

Operating Margin

1.6%

Net Margin

-71.7%

FCF Margin

9.5%

P/S

0.8x

P/E

—

Earnings Reports

Q3 2025

May 1, 2026

PENDING

Q2 2025

Aug 1, 2025

$1.3B+20.0%EPS -$8.09

Q1 2025

May 2, 2025

$1.2B+7.3%EPS -$3.84

FY 2024

Feb 18, 2025

$4.3B+5.5%EPS $4.23

Q4 2024

Feb 18, 2025

$258M-86.6%EPS $6.17

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$1.9B	$1.4B	$101M
Q4 21	$1.9B	$1.3B	$81M
Q1 22	$1.9B	$1.3B	$59M
Q2 22	$1.8B	$1.3B	$25M
Q3 22	$1.7B	$1.3B	$109M
Q4 22	$1.8B	$1.3B	-$45M
Q1 23	$1.9B	$1.3B	$37M
Q2 23	$1.8B	$1.3B	-$49M
Q3 23	$1.9B	$1.3B	-$27M
Q4 23	$1.9B	$1.2B	-$205M
Q1 24	$1.1B	$697M	-$12M
Q2 24	$1.1B	$722M	-$33M
Q3 24	$1.9B	$1.3B	$101M
Q4 24	$258M	$129M	-$116M
Q1 25	$1.2B	$768M	$61M
Q2 25	$1.3B	$804M	$30M

Valuation

Quarter	P/S	P/E
Q3 21	0.7x	0.7x
Q4 21	0.7x	0.6x
Q1 22	0.8x	0.6x
Q2 22	0.8x	1.3x
Q3 22	0.6x	0.6x
Q4 22	0.7x	3.5x
Q1 23	0.7x	—
Q2 23	0.5x	—
Q3 23	0.5x	—
Q4 23	0.5x	—
Q1 24	0.5x	—
Q2 24	0.6x	—
Q3 24	0.7x	—
Q4 24	1.1x	3.0x
Q1 25	1.0x	—
Q2 25	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	$613M	$341M
Q4 21	$991M	$698M
Q1 22	$657M	$284M
Q2 22	$757M	$496M
Q3 22	$541M	$245M
Q4 22	$883M	$509M
Q1 23	$308M	-$69M
Q2 23	$692M	$381M
Q3 23	$327M	-$700.0K
Q4 23	$839M	$934M
Q1 24	$246M	$40M
Q2 24	$546M	$361M
Q3 24	$450M	$102M
Q4 24	$792M	$621M
Q1 25	$129M	-$114M
Q2 25	$149M	-$170M

Capital Expenditures

Quarter	CapEx
Q3 21	$272M
Q4 21	$294M
Q1 22	$373M
Q2 22	$261M
Q3 22	$295M
Q4 22	$374M
Q1 23	$377M
Q2 23	$311M
Q3 23	$328M
Q4 23	$94M
Q1 24	$206M
Q2 24	$185M
Q3 24	$347M
Q4 24	$170M
Q1 25	$243M
Q2 25	$319M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	-33.2%	-18.2%
Q4 21	-42.0%	-31.5%
Q1 22	-47.0%	-38.1%
Q2 22	-41.3%	-29.5%
Q3 22	-8.2%	-9.1%
Q4 22	-4.1%	+2.6%
Q1 23	+0.8%	+2.0%
Q2 23	+5.3%	+9.7%
Q3 23	+6.2%	+14.9%
Q4 23	+4.3%	+12.6%
Q1 24	-41.6%	-39.7%
Q2 24	-42.8%	-42.5%
Q3 24	+4.4%	-2.6%
Q4 24	-86.6%	-82.4%
Q1 25	+7.3%	+0.6%
Q2 25	+20.0%	+13.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$58M	3.1%
Q4 21	$88M	4.6%
Q1 22	$51M	2.8%
Q2 22	$49M	2.8%
Q3 22	$43M	2.4%
Q4 22	$49M	2.6%
Q1 23	$44M	2.3%
Q2 23	$76M	4.1%
Q3 23	$55M	3.0%
Q4 23	$30M	1.6%
Q1 24	$39M	3.6%
Q2 24	$43M	4.1%
Q3 24	$53M	2.7%
Q4 24	$33M	12.8%
Q1 25	$33M	2.9%
Q2 25	$49M	3.9%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q3 21	—	—	$395M
Q4 21	—	—	$474M
Q1 22	—	—	$403M
Q2 22	—	—	$400M
Q3 22	—	—	$358M
Q4 22	—	—	$431M
Q1 23	—	—	$413M
Q2 23	—	—	$440M
Q3 23	—	—	$419M
Q4 23	$142M	$344M	—
Q1 24	$267M	—	—
Q2 24	$290M	—	—
Q3 24	$423M	—	—
Q4 24	—	$302M	—
Q1 25	$288M	—	—
Q2 25	$309M	—	—

Revenue Segments

Quarter	Business to Business	Other Category	Residential
Q3 21	$347M	$223M	$1.3B
Q1 22	$354M	$224M	$1.3B
Q2 22	$337M	$221M	$1.2B
Q3 22	$341M	$211M	$1.2B
Q4 22	$345M	$285M	$1.2B
Q1 23	$357M	$289M	$1.2B
Q2 23	$371M	$234M	$1.2B
Q3 23	$379M	$182M	$1.3B
Q4 23	$389M	$209M	$1.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$843M	$2.0B	$2.8B
Q2 22	$2.4B	$1.5B	$3.9B
Q3 22	$1.6B	$2.1B	$3.7B
Q4 22	$1.7B	$2.6B	$4.3B
Q1 23	$1.4B	$2.2B	$3.6B
Q2 23	$1.6B	$2.1B	$3.7B
Q3 23	$1.7B	$1.6B	$3.3B
Q4 23	$1.4B	$2.0B	$3.4B
Q1 24	$1.1B	$1.7B	$2.8B
Q2 24	$2.0B	$1.2B	$3.2B
Q3 24	$2.4B	$906M	$3.3B
Q4 24	$1.8B	$336M	$2.2B
Q1 25	$2.0B	$0	$2.0B
Q2 25	$1.8B	$1.3B	$3.1B
Q3 25	$1.7B	$0	$1.7B
Q4 25	$2.1B	$76M	$2.2B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	565M	-0.7%	-4.4%
Q4 21	565M	0.0%	-4.4%
Q1 22	533M	-5.7%	-8.9%
Q2 22	509M	-4.4%	-10.5%
Q3 22	483M	-5.3%	-14.6%
Q4 22	490M	+1.5%	-13.3%
Q1 23	454M	-7.2%	-14.7%
Q2 23	442M	-2.8%	-13.3%
Q3 23	421M	-4.7%	-12.8%
Q4 23	383M	-9.1%	-21.9%
Q1 24	385M	+0.7%	-15.2%
Q2 24	377M	-2.0%	-14.6%
Q3 24	363M	-3.8%	-13.7%
Q4 24	363M	0.0%	-5.1%
Q1 25	363M	0.0%	-5.7%
Q2 25	363M	0.0%	-3.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	$82.7K	23K
Q4 21	$171.5K	11K
Q1 22	$165.5K	11K
Q2 22	$156.6K	11K
Q3 22	$155.9K	11K
Q4 22	$112.7K	16K
Q1 23	$114.3K	16K
Q2 23	$113.0K	16K
Q3 23	$113.4K	16K
Q4 23	$127.9K	15K
Q1 24	$72.7K	15K
Q2 24	$70.4K	15K
Q3 24	$128.8K	15K
Q4 24	$16.3K	16K
Q1 25	$74.4K	16K
Q2 25	$80.6K	16K

Revenue / Employee