Liberty Media Corp (FWONK) stock
FWONKNasdaqTelevision Broadcasting StationsFiscal year ends December 31Also trades as FWONA, FWONB
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 6/30182% above fair value
$92.47−0.14 (-0.15%)
Close on Oct 30, 2026Market cap $24.97BP/E –Yield –
Liberty Media operating margin
Operating margin is operating income as a percentage of revenue.
Liberty Media's operating margin for the twelve months ending Jun 30, 2026 was 11.9%. For fiscal 2025 it was 12.9%, against 7.9% the year before. The highest annual figure on record is 37.7% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 12.9% | +5.0 |
| FY2024 | Dec 31, 2024 | 7.9% | +0.4 |
| FY2023 | Dec 31, 2023 | 7.4% | +2.9 |
| FY2022 | Dec 31, 2022 | 4.6% | −12.8 |
| FY2021 | Dec 31, 2021 | 17.3% | +15.5 |
| FY2020 | Dec 31, 2020 | 1.9% | −12.4 |
| FY2019 | Dec 31, 2019 | 14.3% | −4.5 |
| FY2018 | Dec 31, 2018 | 18.8% | +0.4 |
| FY2017 | Dec 31, 2017 | 18.4% | −14.5 |
| FY2016 | Dec 31, 2016 | 32.9% | +13.0 |
| FY2015 | Dec 31, 2015 | 19.9% | +1.0 |
| FY2014 | Dec 31, 2014 | 18.9% | −1.4 |
| FY2013 | Dec 31, 2013 | 20.3% | +42.1 |
| FY2012 | Dec 31, 2012 | -21.7% | −59.4 |
| FY2011 | Dec 31, 2011 | 37.7% | +28.2 |
| FY2010 | Dec 31, 2010 | 9.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 9.4% | −11.5 |
| Q1 FY2026 | Mar 31, 2026 | 9.0% | +24.0 |
| Q4 FY2025 | Dec 31, 2025 | 12.8% | +10.8 |
| Q3 FY2025 | Sep 30, 2025 | 14.6% | +2.5 |
| Q2 FY2025 | Jun 30, 2025 | 20.9% | +14.9 |
| Q1 FY2025 | Mar 31, 2025 | -15.0% | −31.2 |
| Q4 FY2024 | Dec 31, 2024 | 2.0% | −7.5 |
| Q3 FY2024 | Sep 30, 2024 | 12.1% | +1.3 |
| Q2 FY2024 | Jun 30, 2024 | 6.0% | −1.2 |
| Q1 FY2024 | Mar 31, 2024 | 16.2% | +24.2 |
| Q4 FY2023 | Dec 31, 2023 | 9.4% | +54.1 |
| Q3 FY2023 | Sep 30, 2023 | 10.8% | −4.8 |
| Q2 FY2023 | Jun 30, 2023 | 7.1% | −9.9 |
| Q1 FY2023 | Mar 31, 2023 | -8.0% | −26.0 |
| Q4 FY2022 | Dec 31, 2022 | -44.7% | −60.8 |
| Q3 FY2022 | Sep 30, 2022 | 15.6% | −7.1 |
| Q2 FY2022 | Jun 30, 2022 | 17.1% | −4.6 |
| Q1 FY2022 | Mar 31, 2022 | 18.0% | +11.7 |
| Q4 FY2021 | Dec 31, 2021 | 16.1% | +38.4 |
| Q3 FY2021 | Sep 30, 2021 | 22.6% | +10.9 |
| Q2 FY2021 | Jun 30, 2021 | 21.6% | +10.4 |
| Q1 FY2021 | Mar 31, 2021 | 6.3% | −5.9 |
| Q4 FY2020 | Dec 31, 2020 | -22.3% | −33.8 |
| Q3 FY2020 | Sep 30, 2020 | 11.7% | −6.0 |
| Q2 FY2020 | Jun 30, 2020 | 11.2% | −5.2 |
| Q1 FY2020 | Mar 31, 2020 | 12.2% | +2.3 |
| Q4 FY2019 | Dec 31, 2019 | 11.5% | −7.3 |
| Q3 FY2019 | Sep 30, 2019 | 17.8% | −5.2 |
| Q2 FY2019 | Jun 30, 2019 | 16.4% | −0.6 |
| Q1 FY2019 | Mar 31, 2019 | 9.9% | −5.0 |
| Q4 FY2018 | Dec 31, 2018 | 18.9% | +2.3 |
| Q3 FY2018 | Sep 30, 2018 | 22.9% | +4.4 |
| Q2 FY2018 | Jun 30, 2018 | 17.0% | −2.7 |
| Q1 FY2018 | Mar 31, 2018 | 15.0% | −3.6 |
| Q4 FY2017 | Dec 31, 2017 | 16.6% | −4.1 |
| Q3 FY2017 | Sep 30, 2017 | 18.5% | −6.9 |
| Q2 FY2017 | Jun 30, 2017 | 19.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 18.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 20.7% | – |
| Q3 FY2016 | Sep 30, 2016 | 25.4% | – |