XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.26.1

Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share | 6 Months Ended
--- | ---
Jun. 30, 2026
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share |
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share | (5) Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share Basic earnings (loss) per common share ("EPS") is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented, including any necessary adjustments to earnings (loss) attributable to shareholders. Excluded from diluted EPS for the three and six months ended June 30, 2026 are approximately 12 million and 7 million potentially dilutive shares of Liberty Formula One common stock, respectively, because their inclusion would be antidilutive. Excluded from diluted EPS for the three and six months ended June 30, 2025 are approximately 6 million and 3 million potentially dilutive shares of Liberty Formula One common stock, respectively, because their inclusion would be antidilutive. There were no potentially dilutive shares of Liberty Live common stock excluded from diluted EPS for the three and six months ended June 30, 2025 because their inclusion would be antidilutive. Series A, Series B and Series C Liberty Formula One Common Stock The basic and diluted EPS calculations are based on the following WASO. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three months ended June 30, | ​ | Six months ended June 30, | ​
​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​ | 2026 | ​ | 2025 | ​
​ | ​ | number of shares in millions | ​
Basic WASO |  | 251 |  | 250 | ​ | 251 | ​ | 249 | ​
Potentially dilutive shares (a) |  | 1 |  | 2 | ​ | 5 | ​ | 6 | ​
Diluted WASO |  | 252 |  | 252 | ​ | 256 | ​ | 255 | ​
(a) | Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three months ended June 30, | ​ | Six months ended June 30, | ​
​ | 2026 | ​ ​ ​ | 2025 | ​ ​ ​ | 2026 | ​ ​ ​ | 2025 | ​
​ | ​ ​ ​ | amounts in millions | ​
Basic earnings (loss) attributable to Liberty Formula One stockholders | $ | 5 | ​ | 382 | ​ | 62 | ​ | 404 | ​
Adjustments (a) | ​ | — | ​ | — | ​ | (48) | ​ | (8) | ​
Diluted earnings (loss) attributable to Liberty Formula One stockholders | $ | 5 | ​ | 382 | ​ | 14 | ​ | 396 | ​
(a) | For periods in which share settlement of the 2.25% Convertible Senior Notes due 2027, which may be settled in shares of Series C Liberty Formula One common stock, is dilutive, the numerator adjustment includes a reversal of the interest expense and the unrealized gain or loss recorded on the instrument during the period, net of tax where appropriate. In addition, for periods in which share settlement of the Shareholders Agreement, which may be partially settled in shares of Series C Liberty Formula One common stock, is dilutive, the numerator adjustment includes a reversal of the share of earnings (loss) attributable to the noncontrolling interests, net of tax where appropriate.
Series A, Series B and Series C Liberty Live Common Stock The basic and diluted EPS calculations are based on the following WASO. ​
​ | ​ | ​ | ​ | ​ | ​
​ | Three months ended | ​ | Six months ended | ​
​ | June 30, 2025 | ​ ​ ​ | June 30, 2025 | ​ ​ ​
​ | number of shares in millions | ​
Basic WASO |  | 92 |  | 92 | ​
Potentially dilutive shares (a) |  | — |  | — | ​
Diluted WASO |  | 92 |  | 92 | ​
| (a) | Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration