v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Revenue $ 261 $ 246 $ 527 $ 491
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:        
Operating expense (exclusive of depreciation and amortization shown separately below) $ 58 $ 62 $ 116 $ 124
Selling, general and administrative, including stock-based compensation (note 8) 110 111 222 216
Depreciation and amortization 52 52 105 102
Total operating costs and expenses 220 225 443 442
Operating income (loss) 41 21 84 49
Other income (expense):        
Interest expense (including amortization of deferred loan fees) (40) (52) (80) (103)
Share of earnings (losses) of affiliate (note 4) 345 297 663 577
Gain (loss) on dilution of investment in affiliate (note 4) (15) (4) (33) (32)
Realized and unrealized gains (losses) on financial instruments, net (note 3) 76 (17) 39 59
Other, net 7 8 5 12
Earnings (loss) before income taxes 414 253 678 562
Income tax benefit (expense) (31) (58) (27) (126)
Net earnings (loss) 383 195 651 436
Net earnings (loss) attributable to Liberty Broadband shareholders $ 383 $ 195 $ 651 $ 436
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) (in Dollar per share) $ 2.68 $ 1.36 $ 4.55 $ 3.05
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2) (in Dollar per share) $ 2.68 $ 1.36 $ 4.55 $ 3.05