tiprankstipranks
Liberty Media Corporation Series B Liberty Formula One (FWONB)
OTHER OTC:FWONB
US Market
Want to see FWONB full AI Analyst Report?

Liberty Media Liberty Formula One (FWONB) Earnings Dates, Call Summary & Reports

11 Followers

Earnings Data

Report Date
Jul 31, 2026
Before Open (Not Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
1.52
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:May 07, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed strong operational and commercial momentum across Liberty's sports portfolio—notably robust revenue and adjusted OIBDA growth, expanding fan engagement, successful media and sponsorship partnerships, and healthy liquidity. These positives are tempered by near‑term headwinds from canceled/postponed races (impacting Q2 revenue recognition and promotion income), rising SG&A/freight and fuel costs (notably for MotoGP), and a material debt balance with net leverage of ~3.0x. On balance, the positives around growth, partnerships, and fan demand outweigh the near‑term disruptions and cost pressures.
Company Guidance
Management guided to a 22‑race F1 calendar in 2026 (with the possibility of rescheduling one race later), noting Q1 benefitted from three races versus two in the prior year and drove revenue up 53% and adjusted OIBDA up 102%; season‑based revenue recognized 3/22 (~14%) vs 2/24 (~8%), team payments are being recognized pro rata over 22 races and were 51.7% of pre‑team‑share adjusted OIBDA, with management expecting roughly a 200 basis‑point full‑year improvement in operating leverage and a relatively stable payout percentage thereafter. They reiterated Q2 will be most impacted (only five races vs nine in 2025) and that not holding two April Middle East races will likely cause a modest increase in trailing‑12‑month leverage in Q2. Balance sheet guidance included cash and liquid investments of $1.3 billion (F1 $862M, MotoGP $186M), total principal debt of ~ $5.0 billion (F1 $3.3B, MotoGP $1.2B, corporate ~ $0.5B), undrawn revolvers (F1 $500M, MotoGP €100M) and net leverage of ~3.0x at quarter end; MotoGP (three Q1 races) also grew revenue and adjusted OIBDA on a constant‑currency basis, with ~720k live fans across four races to date, a record 228k at Jerez, and ~62M social followers.
MotoGP Momentum and Market Expansion
First full season under Liberty shows encouraging traction: U.S. Grand Prix on FOX averaged ~500k viewers, U.S. social followers up 16% since Jan 2025, global owned social followers nearly 62 million, video reels growth ~40% YoY, and strong ticketing demand including a record 228k at Jerez and Brazil broadcast audiences above 1.6 million.
Commercial and Hospitality Upside
Strong sponsorship momentum with new partners (Standard Chartered, Marsh, FanDuel) and renewals (Salesforce, Fanatec); hospitality demand is high—Paddock Club nearly sold out for remaining races and organizers are increasing premium capacity at key venues. Retail sales up 125% during the quarter (China retail +~80% YoY).
Solid Liquidity and Undrawn Facilities
Liberty Media ended the quarter with $1.3 billion of cash and liquid investments (including $862M at F1 and $186M at MotoGP). Total revolvers ($500M at F1 and €100M at MotoGP) were undrawn at quarter end.
Strong Top-Line and Profitability Growth
Quarterly revenue increased 53% year‑over‑year and adjusted OIBDA grew 102% year‑over‑year, driven by an extra race in the quarter, season-based revenue recognition, and underlying contractual fee growth across F1 and MotoGP.
Record and Rising Fan Engagement
Formula One reported sold‑out crowds for the first four races with 1.3 million attendees to date and the Australian Grand Prix setting a new attendance record; F1 social following grew nearly 20% YoY to over 120 million followers, YouTube content views were ~600 million (up 46% YoY), and Instagram followers grew ~30% YoY.
Successful New and Renewed Media Partnerships
Apple launched as the exclusive U.S. media partner with early viewership gains (higher average viewership across track sessions vs prior season) and product enhancements; F1 TV revenue rose 28% YoY. Liberty also announced multi‑year renewals with Sky (UK and Italy) and other local broadcast renewals.

Liberty Media Liberty Formula One (FWONB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

FWONB Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 31, 2026
2026 (Q2)
- / -
1.516
May 07, 2026
2026 (Q1)
- / 0.22
0.054303.70% (+0.16)
Feb 26, 2026
2025 (Q4)
- / 1.33
-0.995233.67% (+2.33)
Nov 05, 2025
2025 (Q3)
- / 0.05
0.484-89.67% (-0.43)
Aug 07, 2025
2025 (Q2)
- / 1.52
0.1011400.99% (+1.42)
May 07, 2025
2025 (Q1)
- / 0.05
0.317-82.97% (-0.26)
Feb 27, 2025
2024 (Q4)
- / -0.99
0.098-1115.31% (-1.09)
Nov 07, 2024
2024 (Q3)
- / 0.48
0.4840.00% (0.00)
Aug 08, 2024
2024 (Q2)
- / 0.10
0.41-75.37% (-0.31)
May 08, 2024
2024 (Q1)
- / 0.32
-0.582154.47% (+0.90)
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
May 07, 2026
$84.52$87.50+3.53%
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%
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 Jul 31, 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 Jul 31, 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