Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Information  
Schedule of performance measures

Three months ended

March 31,

2025

    

2024

amounts in millions

GCI Holdings

  

 

  

Consumer Revenue

  

 

  

Data

$

61

60

Wireless

34

35

Other

 

9

9

Business Revenue

 

Data

 

127

107

Wireless

 

8

11

Other

 

3

4

Lease, grant, and revenue from subsidies

 

24

19

Total GCI Holdings

266

245

Corporate and other

Total

$

266

 

245

Schedule of Other performance measures

Three months ended

March 31, 2025

GCI

Corporate

Holdings

and Other

Total

amounts in millions

Revenue

$

266

266

Operating expense (excluding stock-based compensation)

(58)

(58)

Selling, general and administrative expense (excluding stock-based compensation)

(97)

(12)

(109)

Adjusted OIBDA

$

111

(12)

99

Three months ended

March 31, 2024

GCI

Corporate

Holdings

and Other

Total

amounts in millions

Revenue

$

245

245

Operating expense (excluding stock-based compensation)

(62)

(62)

Selling, general and administrative expense (excluding stock-based compensation)

(93)

(5)

(98)

Adjusted OIBDA

$

90

(5)

85

Schedule of Other Information By Segment

March 31, 2025

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

    

$

3,441

    

    

65

Corporate and other

 

13,554

 

13,060

 

Consolidated Liberty Broadband

$

16,995

 

13,060

 

65

Schedule of reconciliation of segment Adjusted OIBDA to Operating income (loss) and Earnings (loss) before income taxes

Three months ended

 

March 31,

 

2025

2024

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

    

$

99

    

85

Stock-based compensation

 

(3)

(7)

Depreciation and amortization

 

(53)

(50)

Operating income (loss)

43

28

Interest expense

(40)

(51)

Share of earnings (loss) of affiliate, net

 

318

280

Gain (loss) on dilution of investment in affiliate

 

(18)

(28)

Realized and unrealized gains (losses) on financial instruments, net

 

(37)

76

Other, net

 

(2)

4

Earnings (loss) before income taxes

$

264

309