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v3.26.1

Information About Liberty's Operating Segments - Performance Measures (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Information About Liberty's Operating Segments |  |  |  |
Revenue | $ 934 | $ 1,341 | $ 1,645 | $ 1,788
Operating expenses: |  |  |  |
Team payments | (316) | (513) | (500) | (627)
Other cost of revenue | (289) | (354) | (518) | (515)
Selling, general and administrative, excluding stock-based compensation | (123) | (105) | (240) | (204)
Adjusted OIBDA | 206 | 369 | 387 | 442
Primary |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 772 | 1,032 | 1,351 | 1,351
Other |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 162 | 309 | 294 | 437
Operating Segments |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 934 |  | 1,645 |
Operating expenses: |  |  |  |
Team payments | (316) |  | (500) |
Other cost of revenue | (295) |  | (530) |
Selling, general and administrative, excluding stock-based compensation | (108) |  | (212) |
Adjusted OIBDA | 215 |  | 403 |
Operating Segments | Formula 1 |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 764 | 1,226 | 1,381 | 1,629
Operating expenses: |  |  |  |
Team payments | (316) | (513) | (500) | (627)
Other cost of revenue | (220) | (274) | (396) | (402)
Selling, general and administrative, excluding stock-based compensation | (89) | (78) | (174) | (154)
Adjusted OIBDA | 139 | 361 | 311 | 446
Operating Segments | MotoGP |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 170 |  | 264 |
Operating expenses: |  |  |  |
Other cost of revenue | (75) |  | (134) |
Selling, general and administrative, excluding stock-based compensation | (19) |  | (38) |
Adjusted OIBDA | 76 |  | 92 |
Operating Segments | Primary |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 772 |  | 1,351 |
Operating Segments | Primary | Formula 1 |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 622 | 1,032 | 1,118 | 1,351
Operating Segments | Primary | MotoGP |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 150 |  | 233 |
Operating Segments | Other |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 162 |  | 294 |
Operating Segments | Other | Formula 1 |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 142 | 194 | 263 | 278
Operating Segments | Other | MotoGP |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 20 |  | 31 |
Corporate and Other |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 6 | 145 | 12 | 198
Operating expenses: |  |  |  |
Other cost of revenue |  | (113) |  | (152)
Selling, general and administrative, excluding stock-based compensation | (15) | (24) | (28) | (50)
Adjusted OIBDA | (9) | 8 | (16) | (4)
Corporate and Other | Other |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | 6 | 145 | 12 | 198
Eliminations |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | (6) | (30) | (12) | (39)
Operating expenses: |  |  |  |
Other cost of revenue | 6 | 33 | 12 | 39
Selling, general and administrative, excluding stock-based compensation |  | (3) |  |
Eliminations | Other |  |  |  |
Information About Liberty's Operating Segments |  |  |  |
Revenue | $ (6) | $ (30) | $ (12) | $ (39)

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- Definition Adjusted OIBDA is defined by the Company as revenue less operating expenses and selling, general and administrative expenses (excluding stock-based compensation). This measure of performance excludes depreciation and amortization, stock-based compensation, separately reported litigation settlements and restructurings and impairment charges that are included in the measurement of operating income pursuant to GAAP. + References No definition available. + Details
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses excluding stock-based compensation. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References No definition available. + Details
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