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Liberty Media Corporation Series B Liberty Formula One (FWONB)
OTHER OTC:FWONB
Earnings Data
Report Date
May 01, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and commercial picture: strong full-year revenue and adjusted OIBDA growth at F1, record attendance and digital engagement gains across both F1 and MotoGP, progress on deleveraging and multiple strategic commercial deals (including Apple and Concorde Agreement). Key challenges include elevated absolute debt, remaining leverage at MotoGP, higher operating and SG&A costs, FX exposure for MotoGP, and quarter-to-quarter comparability due to race mix. Management emphasized long-term growth investments and disciplined deleveraging. Overall, the positives (robust growth, audience momentum, commercial traction and deleveraging progress) materially outweigh the negatives, though execution and communication on margins and capital allocation remain important for investors.Company Guidance
Strong Full-Year Financial Growth at F1
Formula 1 full-year revenue grew 14% and adjusted OIBDA grew 20% year-over-year, driven by growth across sponsorship, media rights (including F1 TV), race promotion, hospitality, licensing and new activations (e.g., Grand Prix Plaza).
Deleveraging Progress
F1 OpCo net leverage improved to 2.8x (down from 3.3x pro forma as of 6/30). MotoGP net leverage improved to 4.7x (down from 5.6x at 9/30). Liberty Media overall net leverage was 3.6x at year-end, and management expects continued deleveraging at MotoGP.
Material Cash and Liquidity Position
Liberty Media had $1.1 billion of cash and liquid investments at year-end (including $539 million at F1 and $197 million at MotoGP). Revolvers at F1 ($500 million) and MotoGP (EUR 100 million) were undrawn.
MotoGP Acquisition and Early Commercial Investment
MotoGP acquisition closed July 3, 2025; presented on a pro forma basis. Management is investing in commercial hires and shared knowledge with F1 to unlock long-term upside; MotoGP full-year revenue grew driven by two additional races (22 vs 20) and contractual uplifts.
Record Attendance and Fan Engagement
F1 reported record combined attendance of 6.75 million (up 4% y/y) with 19 sellouts and 11 attendance records. MotoGP reported record attendance of 3.6 million (up 21% y/y) with first-time attendees up to 27% of total (from 18% in 2024).
Significant Digital & Social Growth
F1 social followers reached 150 million (up nearly 20% y/y). F1 YouTube views were 1.65 billion (up 48% y/y). Global live TV viewership across sessions rose ~21% y/y; qualifying audiences up 23% and Sprint session viewership up 10%. MotoGP social followers rose by 3+ million and global fan base increased to 632 million (up 12%).
Commercial Momentum and Strategic Deals
F1 signed multiple renewals/new partners including Standard Chartered and Apple (U.S. media rights). Renewals/extensions announced in Pan-Asia (beIN), Latin America (ESPN), Sky Italia for MotoGP and promoter renewals for Barcelona, Thailand and others. New Concorde Agreement finalized through 2030 providing durable financial economics.
Las Vegas Grand Prix and Event Innovation
Las Vegas Grand Prix sold out with over 300,000 fans, generated strong incremental hospitality and sponsorship benefits to the broader F1 ecosystem, and produced ~1.8 billion impressions over the weekend; Vegas delivered improved financial performance and cost benefits year-over-year.
Liberty Media Liberty Formula One (FWONB) Earnings, Revenues Date & History
FWONB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FWONB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $83.47 | $82.17 | -1.56% |
Nov 05, 2025 | $92.51 | $93.90 | +1.50% |
Aug 07, 2025 | $89.42 | $88.00 | -1.59% |
May 07, 2025 | $84.78 | $86.64 | +2.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Liberty Media Corporation Series B Liberty Formula One (FWONB) report earnings?
Liberty Media Corporation Series B Liberty Formula One (FWONB) is schdueled to report earning on May 01, 2026, Before Open (Not Confirmed).
What is Liberty Media Corporation Series B Liberty Formula One (FWONB) earnings time?
Liberty Media Corporation Series B Liberty Formula One (FWONB) earnings time is at May 01, 2026, Before Open (Not Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FWONB EPS forecast?
Currently, no data Available