Liberty Global Ltd. reported second-quarter 2026 results with revenue of $1172M, down from $1269.1M a year earlier, and a net loss of $357.8M versus a net loss of $2773.8M in Q2 2025.
Financial Highlights
- Revenue was $1,172.0M for Q2 2026, compared with $1,269.1M in Q2 2025; YoY change (7.7%).
- Net income (loss) was a net loss of $357.8M for Q2 2026, improved from a net loss of $2,773.8M in Q2 2025.
- Diluted earnings per share: Not reported for the quarter in Part I, Item 2; omitted per filing.
Business Highlights
- Revenue trends: Consolidated revenue was modestly down in Q2 (−7.7%) but essentially flat year-to-date (+0.3%); organic declines were 6.0% in Q2 and 1.5% year-to-date.
- Channel & product mix: Broadband subscription growth in the quarter and year-to-date offset declines in video and fixed-line driven by ARPU and customer mix shifts.
- Operational scale: At June 30, 2026, networks passed approximately 29.2M homes, with about 10.9M fixed customers and roughly 48.4M mobile subscribers.
- Brand & commercial momentum: Telenet showed improving Adjusted EBITDA margin and broadband strength; Wyre and VM Ireland remained stable with targeted cost and service measures.
- Cost & service initiatives: Ongoing network upgrades, expanded CPE deployments and cost-reduction actions including restructuring and program/content optimization continue to be priorities.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.