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Liberty Broadband (LBRDA)

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Earnings summaries and quarterly performance for Liberty Broadband.

Recent press releases and 8-K filings for LBRDA.

GCI Liberty Reports Record 2025 Financial Results and Outlines 2026 Strategic Priorities
LBRDA
Earnings
Guidance Update
New Projects/Investments
  • GCI Liberty achieved record revenue of $1 billion and record Adjusted OIBDA of $403 million in 2025, with Free Cash Flow increasing over 70% to $146 million.
  • The company completed a fully subscribed rights offering, generating approximately $300 million in net proceeds for general corporate purposes and potential strategic initiatives.
  • Consumer wireless subscribers grew 2% year-over-year to 199,000 lines, while data subscribers declined 3% to 151,200.
  • Capital expenditures for 2025 totaled $224 million, with 2026 projected as a peak CapEx year at approximately $290 million before returning to a historical range of 15%-20% of revenue.
  • GCI is focused on network infrastructure upgrades to DOCSIS 4.0 and 2.5-gigabit broadband, completing its Alaska Plan build-out, and was provisionally awarded $120 million in BEAD funding.
Feb 11, 2026, 4:15 PM
GCI Liberty Reports Record 2025 Financial Results and Outlines 2026 Strategic Priorities
LBRDA
Earnings
Guidance Update
New Projects/Investments
  • GCI Liberty achieved record revenue of over $1 billion and record adjusted OIBDA of more than $400 million for the full year 2025, representing a 3% and 12% increase respectively.
  • The company completed a rights offering, generating approximately $300 million in net proceeds for general corporate purposes and potential strategic investments.
  • GCI Liberty expects 2026 to be its peak year for capital expenditures at approximately $290 million, driven by network infrastructure investments and the completion of Alaska Plan build-out requirements, with CapEx projected to return to 15%-20% of revenue thereafter.
  • The company was provisionally awarded approximately $120 million in BEAD funding, which, if approved, will offset capital costs for expansion in unserved locations.
  • Consumer wireless lines grew 2% year-over-year to 199,000, while data subscribers declined 3% to 151,200 due to wireless substitution and competition.
Feb 11, 2026, 4:15 PM
GCI Liberty Reports Record 2025 Financials and Outlines 2026 CapEx Peak
LBRDA
Earnings
Guidance Update
New Projects/Investments
  • GCI Liberty achieved record revenue of over $1 billion and record adjusted OIBDA of over $400 million for the full year 2025, representing 3% and 12% increases respectively, and generated $146 million in Free Cash Flow, up over 70% from 2024.
  • The company successfully completed a fully subscribed rights offering, generating approximately $300 million in net proceeds for general corporate purposes and potential strategic opportunities.
  • Operationally, GCI Liberty reported a 2% year-over-year growth in consumer wireless subscribers to 199,000 lines, while data subscribers declined 3% to 151,200.
  • Capital expenditures for 2025 totaled $224 million, with 2026 projected as a peak CapEx year at approximately $290 million due to network upgrades (including DOCSIS 4.0 for future 5-gigabit speeds) and Alaska Plan commitments, after which CapEx is expected to return to 15%-20% of revenue. The company was also provisionally awarded approximately $120 million in BEAD funding.
Feb 11, 2026, 4:15 PM