Pulling SEC filings + quote and writing the call…

Liberty Media Corp
Next earnings ≈ Aug 6, 2026 · est. from filing cadence
Last earnings +4.9% on 2026-05-07
Formula 1's pricing power plus the MotoGP add-on drive growth, but a 442x P/E and rising debt cap near-term upside.
Middling fundamentals and a rich price (~92% above fair value) leave little margin of safety — a wait-and-see.
Liberty Media's Formula 1 tracking stock owns two scarce, globally franchised motorsport assets. FY2025 revenue grew 22.7% to $4.48B as Formula 1 climbed to $3,873M and the July 2025 MotoGP acquisition added $325M; operating income doubled to $577M and Adjusted OIBDA reached $1,068M. These are durable, contractually recurring media/sponsorship/race-promotion franchises with limited direct competition, and operating cash flow of $908M (+60.1%) shows the model converts well to cash.
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $11.4B | $3.16B | $3.57B | $3.65B | $4.48B |
| Gross profit | — | — | — | — | — |
| Operating income | $1.98B | $145M | $266M | $287M | $577M |
| Net income | $398M | $1.81B | $761M | -$2.06B | $555M |
| Diluted EPS | — | — | — | — | — |
| Net margin | 3.5% | 57.4% | 21.3% | -56.5% | 12.4% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0001560385, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:40:40 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
Last 90 days: 0 open-market buys · 3 sales
| 2026-06-15 | Wilm Renee L Chief Legal/Admin Officer | Sell | 11.6K @ $90.09 | $1.04M |
| 2026-05-27 | CAREY CHASE Director | Exercise | 100K @ $28.00 | $2.80M |
| 2026-05-27 | CAREY CHASE Director | Sell | 1.45K @ $91.12 | $132K |
| 2026-05-27 | CAREY CHASE Director | Sell | 98.5K @ $90.27 | $8.90M |
| 2026-03-05 | Wendling Brian J CAO/PFO | Tax | 4.00K @ $85.48 | $342K |
| 2026-03-05 | Wilm Renee L Chief Legal/Admin Officer | Tax | 7.79K @ $85.48 | $666K |
| 2026-02-04 | Wendling Brian J CAO/PFO | Award | 9.13K | |
| 2026-02-04 | Wilm Renee L Chief Legal/Admin Officer | Award | 17.8K | |
| 2025-12-17 | CAREY CHASE Director | Exercise | 83.5K @ $33.22 | $2.78M |
| 2025-12-17 | CAREY CHASE Director | Sell | 25.7K @ $97.36 | $2.50M |
| 2025-12-17 | CAREY CHASE Director | Sell | 57.8K @ $96.76 | $5.60M |
| 2025-12-16 | CAREY CHASE Director | Exercise | 83.5K @ $33.22 | $2.77M |
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
1044 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.