Liberty Media Corporation Series A Liberty Formula One (FWONA) financial statements
Liberty Media Corporation Series A Liberty Formula One reported revenue of $4.5B in fiscal 2025, down 1.8% a year over 9 years.
Net income was $555M and the operating margin 12.9%, against 32.9% in 2016.
Free cash flow was $789M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Liberty Media Corporation Series A Liberty Formula One's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3B | $7.6B | $8.0B | $10.3B | $9.4B | $11.4B | $3.2B | $3.6B | $3.7B | $4.5B |
| Cost of revenue | — | $1.2B | — | — | — | — | — | — | — | — |
| Gross profit | — | $6.4B | — | — | — | — | — | — | — | — |
| Selling, general and admin | $886M | $1.1B | $1.2B | $1.8B | $1.8B | $1.9B | $393M | $659M | $421M | $514M |
| Operating income | $1.7B | $1.4B | $1.5B | $1.5B | $177M | $2.0B | $145M | $266M | $287M | $577M |
| Interest expense | $362M | $591M | $606M | $657M | $634M | $642M | $689M | $782M | $208M | $249M |
| Pre-tax income | $1.4B | $827M | $1.0B | $513M | -$1.4B | $789M | $707M | $97M | -$24M | $733M |
| Income tax | $495M | -$1.1B | $176M | $166M | -$44M | $45M | -$202M | $24M | $44M | $137M |
| Net income | $680M | $1.4B | $531M | $106M | -$1.4B | $398M | $1.8B | $761M | -$2.1B | $555M |
| Gross margin | — | 83.9% | — | — | — | — | — | — | — | — |
| Operating margin | 32.9% | 18.4% | 18.8% | 14.3% | 1.9% | 17.3% | 4.6% | 7.4% | 7.9% | 12.9% |
| Net margin | 12.9% | 17.8% | 6.6% | 1.0% | -15.2% | 3.5% | 57.4% | 21.3% | -56.5% | 12.4% |
Balance sheet
Fiscal years, from Liberty Media Corporation Series A Liberty Formula One's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $562M | $1.0B | $358M | $1.2B | $2.8B | $2.8B | $1.9B | $1.4B | $2.6B | $1.1B |
| Receivables | $240M | $358M | $364M | $767M | $823M | $828M | $837M | $123M | $114M | $115M |
| Total current assets | $1.0B | $1.7B | $1.1B | $2.4B | $4.0B | $4.8B | $3.9B | $3.4B | $3.3B | $1.4B |
| Property, plant and equipment | $2.4B | $2.5B | $2.5B | $2.3B | $2.2B | $2.0B | $2.3B | $838M | $810M | $868M |
| Goodwill | $14.3B | $18.4B | $18.4B | $19.9B | $19.2B | $19.2B | $4.1B | $4.0B | $4.1B | $7.0B |
| Total assets | $31.4B | $42.0B | $40.8B | $44.2B | $44.0B | $44.4B | $42.5B | $41.3B | $13.0B | $15.4B |
| Total current liabilities | $2.9B | $4.0B | $3.2B | $3.9B | $4.5B | $6.6B | $5.4B | $4.7B | $1.1B | $939M |
| Long-term debt | $8.0B | $13.2B | $13.4B | $15.4B | $16.7B | $15.7B | $15.0B | $4.1B | $3.0B | $5.0B |
| Total liabilities | $13.7B | $19.4B | $19.1B | $22.3B | $24.4B | $25.5B | $23.3B | $21.9B | $6.0B | $6.9B |
| Shareholders' equity | $11.8B | $16.9B | $16.6B | $16.3B | $15.1B | $14.7B | $16.0B | $16.4B | $7.0B | $7.8B |
| Net debt | $7.5B | $12.9B | $13.0B | $14.3B | $14.6B | $15.8B | $14.7B | $2.8B | $361M | $4.0B |
Cash flow
Fiscal years, from Liberty Media Corporation Series A Liberty Formula One's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.2B | $1.7B | $2.2B | $2.3B | $1.7B | $2.4B | $2.5B | $2.5B | $567M | $908M |
| Capital spending | $568M | $517M | $403M | $510M | $452M | $440M | $309M | $461M | $75M | $119M |
| Free cash flow | $1.6B | $1.2B | $1.8B | $1.8B | $1.3B | $2.0B | $2.2B | $2.0B | $492M | $789M |
| Stock-based compensation | $150M | $230M | $192M | $312M | $261M | $256M | $28M | $27M | $30M | $21M |
| Share buybacks (net) | — | — | -$466M | -$443M | -$318M | -$555M | -$37M | — | — | — |
| Net borrowing | $996M | $1.6B | -$440M | $1.1B | $2.0B | $124M | -$1.5B | -$60M | -$32M | $967M |
| Free cash flow margin | 30.4% | 16.0% | 21.8% | 17.5% | 13.6% | 17.5% | 70.8% | 56.1% | 13.5% | 17.6% |
Questions
What was Liberty Media Corporation Series A Liberty Formula One's revenue in 2025?
$4.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Liberty Media Corporation Series A Liberty Formula One generate?
$789M in fiscal 2025 (operating cash flow minus capital spending).
From Liberty Media Corporation Series A Liberty Formula One's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.