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Liberty Media Corporation Series A Liberty Formula One Common Stock (FWONA) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

COMMUNICATION SERVICES · ENTERTAINMENT · DATA UPDATED 2026-09-19

Liberty Media Corporation Series A Liberty Formula One Common Stock (FWONA) operates in the ENTERTAINMENT industry and is headquartered in Englewood, United States. Its market capitalization is roughly $21 billion. In the fiscal year ended 2025-12-31, FWONA reported $4.5B in revenue and $555M in net income.

Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally.

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FWONA Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
Total Revenue$4.3B$4.5B$3.7B$3.2B$2.6B$2.1B$1.1B$2.0B$1.8B$1.8B$5.3B$4.8B$4.5B$4.0B$2.0B$1.4B$2.0B
Gross Profit$1.4B$1.1B$1.2B$982M$823M$647M$171M$628M$554M$564M($10M)$2.1B$2.4B$2.2B($1.63T)$1.4B$2.0B
Gross Margin %32.8%24.9%31.9%30.5%32.0%30.3%14.9%31.1%30.3%31.6%-0.2%43.3%53.4%54.4%-81513.4%100.0%100.0%
Operating Income (EBIT)$535M$604M$287M$297M$173M$40M($444M)($35M)($110M)($40M)$443M($81M)$841M$814M$326M$531M$195M
Operating Margin %12.3%13.5%7.9%9.2%6.7%1.9%-38.8%-1.7%-6.0%-2.2%8.4%-1.7%18.9%20.3%16.3%37.7%9.5%
Net Income$461M$555M($30M)$185M$558M($190M)($596M)($311M)($150M)$255M$329M($175M)$178M$8.8B$1.4B$836M$1.0B
Net Margin %10.6%12.4%-0.8%5.7%21.7%-8.9%-52.0%-15.4%-8.2%14.3%6.2%-3.6%4.0%219.4%70.7%59.3%48.8%
EBITDA$1.2B$577M$794M$762M$363M($119M)$247M$452M$321M($58M)($72M)($100M)$9.0B$2.9B$827M$1.3B
Earnings Per Share (EPS)$2.20$-0.12$0.77$2.29$-0.82$-2.57$-1.35$-0.65$1.21$0.71$-0.38$0.37$17.17$8.20$4.85$5.80
Shares Outstanding (M)252M243M240M244M232M232M231M232M211M463M475M511M172M172M172M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWONA Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$934M$711M$1.6B$1.1B$1.3B$447M$1.2B$911M$988M
Gross Profit$329M$298M$376M$421M$474M$122M$312M$316M$255M
Gross Margin %35.2%41.9%23.4%38.8%35.4%27.3%26.8%34.7%25.8%
Operating Income (EBIT)$88M$64M$225M$158M$280M($67M)($4M)$110M$59M
Operating Margin %9.4%9.0%14.0%14.6%20.9%-15.0%-0.3%12.1%6.0%
Net Income$5M$57M$333M$66M$382M$22M($107M)$117M$24M
Net Margin %0.5%8.0%20.7%6.1%28.5%4.9%-9.2%12.8%2.4%
EBITDA$237M$651M$255M$363M$21M($131M)$257M$159M
Earnings Per Share (EPS)$0.23$1.32$0.26$1.52$0.09$-0.43$0.48$0.10
Shares Outstanding (M)250M252M252M252M257M249M244M238M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWONA Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
Cash from Operations (CFO)$915M$870M$567M$619M$534M$481M($139M)$294M$268M($75M)$378M($35M)$1.1B$1.2B$236M$276M$44M
Capital Expenditures (CapEx)$129M$119M$75M$426M$291M$17M$21M$44M$14M$10M$2M$33M$194M$207M$31M$7M$16M
Free Cash Flow (FCF)$786M$751M$492M$193M$243M$464M($160M)$250M$254M($85M)$376M($68M)$931M$1.0B$205M$269M$28M
FCF Margin %18.1%16.8%13.5%6.0%9.4%21.7%-14.0%12.4%13.9%-4.8%7.1%-1.4%20.9%25.7%10.3%19.1%1.4%
Dividends Paid$0M$249M$58M$64M$68M$59M$60M$1M$1M$1.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWONA Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$316M$357M$85M$157M$237M$381M($20M)$186M$261M
Capital Expenditures (CapEx)$45M$20M$61M$3M$22M$33M$23M$12M$13M
Free Cash Flow (FCF)$271M$337M$24M$154M$215M$348M($43M)$174M$248M
FCF Margin %29.0%47.4%1.5%14.2%16.0%77.8%-3.7%19.1%25.1%
Dividends Paid$34M$17M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FWONA Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-31
Total Assets$15.9B$15.4B$11.8B$10.3B$11.0B$11.7B$11.2B$11.5B$11.0B$11.8B$3.0B$2.0B$31.2B$34.5B$8.3B$7.7B$9.0B
Cash & Cash Equivalents$1.5B$1.1B$2.6B$1.4B$1.7B$2.1B$1.7B$587M$160M$282M$168M$76M$681M$1.1B$1.4B$2.1B$1.8B
Total Liabilities$7.5B$6.9B$4.4B$3.8B$4.1B$4.7B$4.6B$6.3B$5.4B$6.1B$1.7B$969M$11.0B$10.7B$1.9B$2.5B$5.4B
Total Debt (Short + Long-Term)$4.9B$5.1B$3.0B$2.9B$15.0B$16.4B$16.9B$15.4B$13.4B$13.2B$9.9B$8.4B$5.9B$5.6B$540M$754M$0M
Total Shareholders' Equity$7.6B$7.8B$7.4B$6.4B$6.9B$6.9B$6.6B$5.2B$5.6B$5.7B$1.3B$983M$11.4B$23.9B$6.4B$5.3B$3.6B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FWONA viewer.

FWONA Metric Deep Dives

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