Liberty Media Corporation Series A Liberty Formula One Common Stock
NASDAQ: FWONA · COMMUNICATION SERVICES · ENTERTAINMENT
Updated 2026-06-05
Liberty Media Corporation Series A Liberty Formula One Common Stock (FWONA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $1.41B | $2.00B | $4.00B | $4.45B | $4.79B | $5.28B | $1.78B | $1.83B | $2.02B | $1.15B | $2.14B | $2.57B | $3.22B | $3.65B | $4.48B |
| Revenue growth (YoY) | — | -31.3% | +41.9% | +100.2% | +11.2% | +7.8% | +10.0% | -66.2% | +2.5% | +10.7% | -43.4% | +86.6% | +20.5% | +25.2% | +13.4% | +22.7% |
| Cost of revenue | — | — | $1.63T | $1.82B | $2.07B | $2.72B | $10.00M | $1.22B | $1.27B | $1.39B | $974.00M | $1.49B | $1.75B | $2.24B | $2.49B | $3.36B |
| Gross profit | $2.05B | $1.41B | $-1.63T | $2.18B | $2.38B | $2.08B | $-10.00M | $564.00M | $554.00M | $628.00M | $171.00M | $647.00M | $823.00M | $982.00M | $1.17B | $1.12B |
| Gross margin | 100.0% | 100.0% | -81513.4% | 54.4% | 53.4% | 43.3% | -0.2% | 31.6% | 30.3% | 31.1% | 14.9% | 30.3% | 32.0% | 30.5% | 31.9% | 24.9% |
| R&D | — | — | $48.84B | — | $48.84M | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | $261.90B | $764.00M | $261.90M | $72.00M | $58.00M | $199.00M | $204.00M | $210.00M | $1.75B | $1.91B | $288.00M | $288.00M | $374.00M | $514.00M |
| Operating income | $195.00M | $531.00M | $326.00M | $814.00M | $841.00M | $-81.00M | $443.00M | $-40.00M | $-110.00M | $-35.00M | $-444.00M | $40.00M | $173.00M | $297.00M | $287.00M | $604.00M |
| Operating margin | 9.5% | 37.7% | 16.3% | 20.3% | 18.9% | -1.7% | 8.4% | -2.2% | -6.0% | -1.7% | -38.8% | 1.9% | 6.7% | 9.2% | 7.9% | 13.5% |
| EBITDA | $1.31B | $827.00M | $2.86B | $8.96B | $-100.00M | $-72.00M | $-58.00M | $321.00M | $452.00M | $247.00M | $-119.00M | $437.00M | $762.00M | $666.00M | $577.00M | $1.15B |
| EBITDA margin | 64.1% | 58.7% | 143.2% | 223.9% | -2.2% | -1.5% | -1.1% | 18.0% | 24.7% | 12.2% | -10.4% | 20.5% | 29.6% | 20.7% | 15.8% | 25.7% |
| EBIT | $491.00M | $774.00M | $2.04B | $8.64B | $-459.00M | $-81.00M | $-68.00M | $-84.00M | $-8.00M | $-206.00M | $-560.00M | $40.00M | $670.00M | $297.00M | $225.00M | $761.00M |
| Interest expense | $65.00M | $16.00M | $33.00M | $132.00M | $21.00M | $20.00M | $19.00M | $220.00M | $192.00M | $195.00M | $146.00M | $123.00M | $149.00M | $214.00M | $208.00M | $28.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.00B | $836.00M | $1.41B | $8.78B | $178.00M | $-175.00M | $329.00M | $255.00M | $-150.00M | $-311.00M | $-596.00M | $-190.00M | $558.00M | $185.00M | $-30.00M | $555.00M |
| Net income growth (YoY) | — | -16.4% | +69.1% | +520.9% | -98.0% | -198.3% | +288.0% | -22.5% | -158.8% | -107.3% | -91.6% | +68.1% | +393.7% | -66.8% | -116.2% | +1950.0% |
| Profit margin | 48.8% | 59.3% | 70.7% | 219.4% | 4.0% | -3.6% | 6.2% | 14.3% | -8.2% | -15.4% | -52.1% | -8.9% | 21.7% | 5.7% | -0.8% | 12.4% |
Frequently asked questions
What is Liberty Media Corporation Series A Liberty Formula One Common Stock's revenue?
Liberty Media Corporation Series A Liberty Formula One Common Stock's trailing twelve-month revenue is $3.99B, and consensus projects about $7.61B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is FWONA?
In its most recent fiscal year, FWONA ran a gross margin of 24.94%, an operating margin of 13.48%, and a net margin of 12.38%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does FWONA generate?
FWONA produced $751.00M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is FWONA's balance sheet healthy?
FWONA holds $1.05B in cash and equivalents against $5.05B in long-term debt, on $7.76B of shareholder equity. That debt is best read against the cash flow the business throws off each year.