Liberty Broadband Corporation
NASDAQ•LBRDK
CEO: Dr. John C. Malone Ph.D.
Sector: Communication Services
Industry: Telecommunications Services
Listing Date: 2014-11-05
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand. Its Charter segment offers subscription-based Internet and video services, and mobile and voice services; and state-of-the-art residential and business services, which includes Spectrum Internet, TV, mobile and voice for small and medium-sized companies; Spectrum Business provides a suite of broadband products and services for businesses and government application; Spectrum Enterprise offers customized fiber-based solutions; Spectrum Reach provides advertising and production for the modern media landscape. In addition, the company provides security suite that offers computer viruses, spyware and threats from malicious actors across the internet; offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks, streaming services, and advertising platforms; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
Contact Information
Market Cap
$7.58B
P/E (TTM)
-2.8
12.5
Dividend Yield
--
52W High
$97.38
52W Low
$42.10
52W Range
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$0.00+0.00%
4-Quarter Trend
EPS
-$22.11+0.00%
4-Quarter Trend
FCF
-$231.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Charter Investment Impairment LBRDA recorded $3.06B affiliate loss due to $4.4B impairment on Charter investment in Q4 2025.
GCI Divestiture Completed GCI Liberty spun off July 14, 2025; GCI results now presented as discontinued operations in financials.
Charter Merger Agreement Definitive agreement signed November 2024 for Charter to acquire LBRDA; closing contingent on various conditions.
Cash from Charter Sales Received $1.2B cash from Charter share repurchases during 2025, primarily funding financing activities.
Risk Factors
Holding Company Liquidity Reliance LBRDA cannot access Charter operating cash flow; liquidity relies solely on Charter repurchase program or loans.
Merger Termination Fee Risk Potential $460M cash termination fee payable to Charter if Merger Agreement is terminated under specified circumstances.
Charter Performance Impact Charter revenue decreased $311M in 2025, negatively impacting LBRDA's equity method investment valuation.
Significant Debt Exposure $1.8B total debt outstanding subjects LBRDA to interest rate risk and restrictive covenants limiting discretion.
Outlook
Charter Combination Focus Accelerating Combination closing contemporaneously with pending Cox Transactions remains key strategic priority.
Charter Rural Investment Charter invested $2.2B in rural construction in 2025, activating 483,000 subsidized passings across footprint.
Charter Network Upgrade Charter network evolution targets symmetrical multi-gig speeds across entire footprint by end of 2027.
Charter Mobile Growth Charter added 1.9M mobile lines in 2025, driven by bundled connectivity products and improved churn.
Peer Comparison
Revenue (TTM)
$54.77B
$19.88B
$12.21B
Gross Margin (Latest Quarter)
67.3%
56.2%
56.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CHTR | $28.66B | 5.8 | 31.2% | 63.0% |
| TLK | $18.48B | 14.5 | 15.6% | 26.6% |
| SKM | $13.90B | 61.6 | 3.4% | 35.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:May 1, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data