GCI Liberty, Inc. - Series A GCI Group (GLIBA) Income Statement
GLIBA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGLIBA revenue and net income
Where GLIBA's revenue goes
2025Each bar shows an amount and its share of revenue. GLIBA kept −29.5% of revenue as net income.
GLIBA profit margins
GLIBA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.3% | +5.3% | +113.1% | +4.4% |
| Gross profit | −53.0% | −20.1% | +90.9% | −3.7% |
| Operating income | +27.1% | — | — | +7.0% |
| Net income | −541.4% | — | — | — |
| EPS (diluted) | +163.8% | −33.4% | −22.1% | +48.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GLIBA quarterly EPS vs estimates
GCI Liberty beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 5, 2026 (estimate $0.86).
GLIBA income statement
| 2025 | 2024 | 2023 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $940.0M | $904.0M | $894.7M | $739.8M | $23.8M | $933.8M | $978.5M | $910.2M | $811.6M |
| Cost of revenue | $735.0M | $279.0M | $272.0M | $285.3M | $227.2M | $11.5M | $302.6M | $322.3M | $551.5M | $280.5M |
| Gross profit | $311.0M | $661.0M | $632.0M | $609.4M | $512.6M | $12.3M | $631.2M | $656.2M | $358.7M | $531.2M |
| Sales, general & admin | $133.0M | $130.0M | $115.0M | $399.3M | $347.7M | $64.6M | $358.4M | $338.4M | — | $271.1M |
| Total operating expenses | $133.0M | $521.0M | $520.0M | $824.9M | $781.8M | $80.0M | $205.0M | $328.0M | $183.0M | $956.0M |
| Operating income | $178.0M | $140.0M | $112.0M | −$215.5M | −$282.1M | −$55.6M | $78.5M | $65.9M | $143.6M | $112.9M |
| Interest expense | $45.0M | $49.0M | $51.0M | $153.8M | $119.3M | $83.3M | $78.6M | $78.8M | $72.5M | $69.7M |
| Income before taxes | −$386.0M | $97.0M | $65.0M | $674.5M | −$1.06B | $591.0M | $1.1M | −$27.7M | $69.3M | $42.7M |
| Income taxes | −$77.0M | $27.0M | $24.0M | $165.9M | −$183.3M | −$41.4M | $5.2M | −$1.8M | $10.0M | $11.0M |
| Net income | −$309.0M | $70.0M | $41.0M | $2.19B | −$873.3M | $724.6M | −$3.7M | −$26.0M | $7.6M | $9.4M |
| EBITDA | −$79.0M | $353.0M | $346.0M | $212.2M | −$730.4M | $770.5M | $104.2M | $96.9M | $109.1M | $401.1M |
| EPS (diluted) | $6.04 | $2.29 | — | $20.45 | −$8.04 | $21.05 | −$0.10 | −$0.69 | $0.18 | $0.21 |
| Gross margin | 29.7% | 70.3% | 69.9% | 68.1% | 69.3% | 51.5% | 67.6% | 67.1% | 39.4% | 65.4% |
| Operating margin | 17.0% | 14.9% | 12.4% | −24.1% | −38.1% | −233.4% | 8.4% | 6.7% | 15.8% | 13.9% |
| Net margin | −29.5% | 7.4% | 4.5% | 244.3% | −118.1% | 3,042.3% | −0.4% | −2.7% | 0.8% | 1.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Jun '24 | Mar '24 | Sep '20 | Jun '20 | Mar '20 | Dec '19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $238.0M | $256.0M | $239.0M | $262.0M | $261.0M | $266.0M | $226.0M | $226.0M | $246.9M | $224.8M | $235.8M | $232.4M |
| Cost of revenue | $68.0M | $184.0M | $67.0M | $193.0M | $180.0M | $125.0M | $134.0M | $68.0M | $69.6M | $70.8M | $69.7M | $75.4M |
| Gross profit | $170.0M | $72.0M | $172.0M | $69.0M | $81.0M | $141.0M | $92.0M | $158.0M | $177.3M | $154.0M | $166.1M | $157.0M |
| Sales, general & admin | $35.0M | $39.0M | $37.0M | — | $30.0M | $30.0M | $30.0M | $29.0M | $106.6M | $90.2M | $92.5M | $235.8M |
| Total operating expenses | $137.0M | $39.0M | $207.0M | $37.0M | $30.0M | $83.0M | $62.0M | $121.0M | $166.8M | $151.2M | $154.9M | $321.6M |
| Operating income | $33.0M | $33.0M | $32.0M | $32.0M | $51.0M | $58.0M | $30.0M | $37.0M | $10.5M | $2.8M | $11.2M | −$164.6M |
| Interest expense | $12.0M | $8.0M | $11.0M | $11.0M | $12.0M | $10.0M | $13.0M | $10.0M | $29.7M | $34.4M | $36.3M | $37.4M |
| Income before taxes | $23.0M | $26.0M | $21.0M | $21.0M | $41.0M | $49.0M | $19.0M | $28.0M | $579.0M | $331.7M | −$234.9M | −$1.20B |
| Income taxes | $7.0M | $8.0M | — | $5.0M | $14.0M | $14.0M | $6.0M | $8.0M | $161.3M | $92.4M | −$63.2M | $345.2M |
| Net income | $16.0M | $18.0M | $16.0M | $16.0M | $27.0M | $35.0M | $13.0M | $20.0M | $1.01B | $651.8M | −$640.0M | $827.1M |
| EBITDA | $103.0M | $86.0M | $136.0M | $86.0M | $105.0M | $112.0M | $84.0M | $88.0M | $71.2M | $64.0M | $74.2M | $62.8M |
| EPS (diluted) | $0.40 | $0.50 | $0.34 | $4.76 | $0.94 | — | — | — | — | — | — | — |
| Gross margin | 71.4% | 28.1% | 72.0% | 26.3% | 31.0% | 53.0% | 40.7% | 69.9% | 71.8% | 68.5% | 70.5% | 67.6% |
| Operating margin | 13.9% | 12.9% | 13.4% | 12.2% | 19.5% | 21.8% | 13.3% | 16.4% | 4.2% | 1.2% | 4.8% | −70.8% |
| Net margin | 6.7% | 7.0% | 6.7% | 6.1% | 10.3% | 13.2% | 5.8% | 8.8% | 407.9% | 289.9% | −271.4% | 355.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GLIBA's financial statements (latest annual report filed February 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GLIBA financial results
In fiscal year 2025 (ended December 31, 2025), GCI Liberty reported revenue of $1.0 billion, up 11.3% from the year before. It had a net loss of $309.0 million, a net profit margin of −29.5%. Diluted earnings per share came to $6.04. Over five years revenue grew at an average rate of 113.1% a year.
See the GLIBA stock overview for the latest quote and news, or the GLIBA chart for price history and technical indicators.
GLIBA income statement FAQ
What is GCI Liberty's annual revenue?
GCI Liberty reported total revenue of $1.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 11.3% from $940.0 million the previous year.
Is GCI Liberty profitable?
No. GCI Liberty reported a net loss of $309.0 million in fiscal 2025, a net profit margin of −29.5%; its operating margin was 17.0%.
What is GCI Liberty's gross margin?
GCI Liberty's gross margin was 29.7% in fiscal 2025: for every $100 of revenue, GCI Liberty kept $30 after the direct cost of its products and services.
How fast is GCI Liberty growing?
Revenue grew 113.1% a year on average over the last five fiscal years, from $23.8 million to $1.0 billion.
What are GCI Liberty's earnings per share?
GCI Liberty earned $6.04 per diluted share in fiscal 2025, compared with $2.29 a year earlier.
When will GCI Liberty report its next earnings?
GCI Liberty is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does GCI Liberty's fiscal year end?
GCI Liberty's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 11, 2026.