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Financial statements

Liberty Live Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Liberty Live Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Revenue340382
Cost of revenue286308
Gross profit54.473.5
Operating expenses457434
Operating income-116-51.7
Interest expense29.129.5
Interest income21.815.7
Other non-operating income-27.8-48.5
Pre-tax income-144-100
Income tax-30-13.1
Net income to minority interests-1.32-0.17
Net income-113-87
EBITDA-88.8-25.6
Shares, basic (weighted)91.9
Shares, diluted (weighted)92.5

Balance sheet

FY2025FY2025
Cash and equivalents403545
Other current assets11.69.44
Total current assets472629
Goodwill125127
Intangible assets142119
Other non-current assets7.497.32
Total assets1,5851,889
Accounts payable16.311.5
Accrued liabilities34.636.4
Deferred revenue127155
Short-term debt1,667
Total current liabilities1871,897
Long-term debt1,556
Other non-current liabilities18.319.3
Total liabilities1,7621,916
Total debt1,5561,667
Paid-in capital404
Retained earnings-370-437
Other comprehensive income-86.1-16.6
Shareholders' equity-199-49.1
Minority interests22.121.9
Total equity-177-27.1
Total liabilities and equity1,5851,889

Cash flow statement

FY2025FY2025
Net income-114-87.1
Depreciation and amortization27.426.1
Stock-based compensation115.53
Deferred income tax-30.8-15.4
Change in receivables4.83-10.3
Change in payables-17-3.39
Cash from operations-25.2-29.5
Acquisitions-205
Cash from investing-97.5-3.48
Debt repaid-71.5
Cash from financing228168
Net change in cash105136
Interest paid29.629.4
Income taxes paid0.820.74

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $99.92 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Gross margin20.2%Gross profit / revenue.
Operating margin-12.1%Operating income / revenue.
EBITDA margin-5.7%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-137.3%Pre-tax income / revenue.
Net margin-108.1%Net income / revenue.
Operating cash flow margin-1.8%Cash from operations / revenue.
Return on assets (ROA)-21.9%Net income / average total assets.
Return on invested capital (ROIC)-4.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue1.2%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue6.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y12.2%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y35.1%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y19.2%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.25xCurrent assets / current liabilities.
Quick ratio0.20x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.20x(Cash + short-term investments) / current liabilities.
Debt / assets105.6%Total debt / total assets.
Liabilities / assets130.0%Total liabilities / total assets.
Net debt$1.60BTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-1.66xOperating income / interest expense.
Working capital-$1.94BCurrent assets - current liabilities.
Goodwill and intangibles / assets11.8%(Goodwill + intangible assets) / total assets.
Tangible book value-$863.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.20xRevenue / average total assets.
Days payables14 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$4.75Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$4.39Revenue / diluted weighted shares.
Operating cash flow per share-$0.08Cash from operations / diluted weighted shares.
Book value per share-$6.76Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$9.32Tangible book value / shares outstanding.
Cash per share$5.65(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$9.19BShare price x shares outstanding.
Enterprise value$10.80BMarket cap + total debt - cash - short-term investments.
P/S22.6xMarket cap / revenue.
EV/Sales26.5xEnterprise value / revenue.
Earnings yield-4.8%Net income / market cap (the inverse of P/E).
What was Liberty Live Holdings, Inc.'s revenue in fiscal 2025?

Liberty Live Holdings, Inc. reported revenue of $382.0M for fiscal 2025, 12.2% higher than the year before.

Was Liberty Live Holdings, Inc. profitable in fiscal 2025?

No. It reported a net loss of $87.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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