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Liberty Media vs Paramount Skydance: revenue, profit, margins and growth compared

Liberty Media brought in $4.5B of revenue in fiscal 2025, Paramount Skydance $29.2B in fiscal 2025. Revenue changed by +22.7% at Liberty Media and -1.5% at Paramount Skydance on the year before, so Liberty Media grew faster. Liberty Media kept 12.4% of its revenue as net profit, Paramount Skydance -21.2%. Free cash flow was $789M at Liberty Media and $489M at Paramount Skydance.

Side by side, latest fiscal year

FWONKPSKY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2024)
Revenue$4.5B$29.2B
Revenue growth+22.7%-1.5%
Net income$555M-$6.2B
Net margin12.4%-21.2%
Free cash flow$789M$489M
Free cash flow margin17.6%1.7%
Earnings per share (diluted)n/a-$9.34
Cash$1.1B$2.7B
Debt$5.1B$14.5B
Price to earningsn/an/a
Market value$23.8B$11.5B
Dividend yieldn/an/a
Rank by revenue in sector#139 of 587 · Industrials#22 of 587 · Industrials

Over the years

Revenue
FWONK FY2018: $8BFWONK FY2019: $10.3BFWONK FY2020: $9.4BFWONK FY2021: $11.4BFWONK FY2022: $3.2BFWONK FY2023: $3.6BFWONK FY2024: $3.7BFWONK FY2025: $4.5BPSKY FY2023: $29.7BPSKY FY2025: $29.2BFY18FY19FY20FY21FY22FY23FY24FY25
FWONK $4.5BPSKY $29.2B
Net income
FWONK FY2018: $531MFWONK FY2019: $106MFWONK FY2020: -$1.4BFWONK FY2021: $398MFWONK FY2022: $1.8BFWONK FY2023: $761MFWONK FY2024: -$2.1BFWONK FY2025: $555MPSKY FY2023: -$608MPSKY FY2025: -$6.2BFY18FY19FY20FY21FY22FY23FY24FY25
FWONK $555MPSKY -$6.2B
Net margin
FWONK FY2018: 6.6%FWONK FY2019: 1.0%FWONK FY2020: -15.2%FWONK FY2021: 3.5%FWONK FY2022: 57.4%FWONK FY2023: 21.3%FWONK FY2024: -56.5%FWONK FY2025: 12.4%PSKY FY2023: -2.1%PSKY FY2025: -21.2%FY18FY19FY20FY21FY22FY23FY24FY25
FWONK 12.4%PSKY -21.2%
Revenue growth
FWONK FY2019: +28.0%FWONK FY2020: -9.0%FWONK FY2021: +21.8%FWONK FY2022: -72.3%FWONK FY2023: +13.0%FWONK FY2024: +2.3%FWONK FY2025: +22.7%PSKY FY2025: -1.5%FY19FY20FY21FY22FY23FY24FY25
FWONK +22.7%PSKY -1.5%
Free cash flow
FWONK FY2018: $1.8BFWONK FY2019: $1.8BFWONK FY2020: $1.3BFWONK FY2021: $2BFWONK FY2022: $2.2BFWONK FY2023: $2BFWONK FY2024: $492MFWONK FY2025: $789MPSKY FY2023: $147MPSKY FY2025: $489MFY18FY19FY20FY21FY22FY23FY24FY25
FWONK $789MPSKY $489M

Fiscal years as each company reports them; the two may end in different months.

Questions about Liberty Media and Paramount Skydance

Which is bigger by revenue, Liberty Media or Paramount Skydance?

Paramount Skydance is bigger by revenue: $29.2B in fiscal 2025, against $4.5B for Liberty Media in fiscal 2025.

Which keeps more of its revenue as profit, Liberty Media or Paramount Skydance?

Liberty Media had a net margin of 12.4% in fiscal 2025; Paramount Skydance had -21.2% in fiscal 2025.

Which grew revenue faster, Liberty Media or Paramount Skydance?

In their latest fiscal years revenue changed by +22.7% at Liberty Media and -1.5% at Paramount Skydance.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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