Liberty Broadband Pref Share LBRDP 7 Perp 03/10/39 | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD 1.77.

EBIT: As of FY2025 Q3, the actual value is USD 20 M.

Segment Revenue

• Charter Communications: Revenue for the three months ended September 30, 2025, was $13,672 million, a decrease from $13,795 million in the same period in 2024. For the nine months ended September 30, 2025, revenue was $41,173 million, slightly up from $41,159 million in 2024.

Operational Metrics

• Operating Income: Charter’s operating income for the three months ended September 30, 2025, was $3,131 million, down from $3,335 million in 2024. For the nine months ended September 30, 2025, operating income was $9,647 million, compared to $9,729 million in 2024.
• Net Income: Charter’s net income for the three months ended September 30, 2025, was $1,316 million, compared to $1,474 million in 2024. For the nine months ended September 30, 2025, net income was $4,220 million, up from $4,177 million in 2024.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities for the nine months ended September 30, 2025, was - $96 million, compared to - $120 million in 2024.
• Investing Cash Flow: Net cash provided by investing activities for the nine months ended September 30, 2025, was $907 million, compared to $212 million in 2024.
• Financing Cash Flow: Net cash used in financing activities for the nine months ended September 30, 2025, was - $889 million, compared to - $50 million in 2024.

Unique Metrics

• Share of Earnings of Affiliate: Liberty Broadband’s share of earnings from Charter was $295 million for the three months ended September 30, 2025, down from $346 million in 2024. For the nine months ended September 30, 2025, it was $958 million, up from $923 million in 2024.

Future Outlook and Strategy

• Core Business Focus: Charter is focused on improving customer results through its pricing and packaging strategy, emphasizing its advanced network and connectivity products. Charter is also investing in its network to deliver multi-gigabit speeds and expanding its rural construction initiative.
• Non-Core Business: Liberty Broadband completed the divestiture of GCI, which is now an independent, publicly traded company. This strategic shift is expected to have a major effect on Liberty Broadband’s operations and financial results.