Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating costs and expenses:    
General and administrative, including stock-based compensation $ 5 $ 13
Operating income (loss) (5) (13)
Other income (expense):    
Interest expense (24) (30)
Share of earnings (losses) of affiliate (note 5) 308 318
Gain (loss) on dilution of investment in affiliate (note 5) (70) (18)
Realized and unrealized gains (losses) on financial instruments, net (note 4) (3) (37)
Other, net 1 (3)
Earnings (loss) before income taxes 207 217
Income tax benefit (expense) (4) 17
Net earnings (loss) from continuing operations 203 234
Net earnings (loss) from discontinued operations   34
Net earnings (loss) $ 203 $ 268
Basic net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) $ 1.42 $ 1.64
Basic net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)   0.24
Diluted net earnings (loss) from continuing operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3) $ 1.41 1.64
Diluted net earnings (loss) from discontinued operations attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 3)   $ 0.24