Liberty Media Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Quarterly Financial Information (unaudited) (Tables)

Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Dec. 31, 2024

Quarterly Financial Information (unaudited)

Schedule of quarterly financial information


	1st		2nd	3rd	4th
	Quarter		Quarter	Quarter	Quarter

	amounts in millions, except per share amounts
2024
Revenue	$	587	988	911	1,167
Operating income (loss)	$	93	57	107	19
Net earnings (loss) from continuing operations	$	4	158	132	(357)
Net earnings (loss)	$	245	507	(2,870)	(357)
Net earnings (loss) from continuing operations attributable to Liberty stockholders:
Liberty Formula One common stock	$	77	24	117	(248)
Liberty Live common stock	$	(73)	134	15	(107)
Net earnings (loss) from discontinued operations attributable to Liberty stockholders:
Liberty SiriusXM common stock	$	199	299	(2,500)	—
Basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share:
Liberty Formula One common stock	$	0.33	0.10	0.48	(1.00)
Liberty Live common stock	$	(0.79)	1.46	0.16	(1.16)
Basic net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share:
Liberty SiriusXM common stock	$	0.61	0.91	(7.65)	NA
Diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share:
Liberty Formula One common stock	$	0.32	0.10	0.48	(0.99)
Liberty Live common stock	$	(0.79)	1.46	0.16	(1.16)
Diluted net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share:
Liberty SiriusXM common stock	$	0.52	0.60	(7.65)	NA


	1st		2nd	3rd	4th
	Quarter		Quarter	Quarter	Quarter

	amounts in millions, except per share amounts
2023:
Revenue	$	412	994	936	1,230
Operating income (loss)	$	(33)	71	101	116
Net earnings (loss) from continuing operations	$	(174)	63	152	(65)
Net earnings (loss)	$	52	303	443	164
Net earnings (loss) from continuing operations attributable to Liberty stockholders:
Liberty Formula One common stock	$	(109)	116	118	60
Liberty Live common stock	$	NA	NA	(19)	(123)
Liberty SiriusXM common stock	$	(6)	(23)	74	—
Liberty Braves common stock	$	(59)	(29)	(21)	(2)
Net earnings (loss) from discontinued operations attributable to Liberty stockholders:
Liberty SiriusXM common stock	$	189	189	233	173
Basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share:
Liberty Formula One common stock	$	(0.47)	0.50	0.50	0.26
Liberty Live common stock	$	NA	NA	(0.21)	(1.34)
Liberty SiriusXM common stock	$	(0.02)	(0.07)	0.23	—
Liberty Braves common stock	$	(1.11)	(0.55)	(0.40)	NA
Basic net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share:
Liberty SiriusXM common stock	$	0.58	0.58	0.71	0.53
Diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share:
Liberty Formula One common stock	$	(0.58)	0.41	0.39	0.25
Liberty Live common stock		NA	NA	(0.21)	(1.34)
Liberty SiriusXM common stock	$	(0.02)	(0.07)	0.21	—
Liberty Braves common stock	$	(1.22)	(0.55)	(0.40)	NA
Diluted net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share:
Liberty SiriusXM common stock	$	0.40	0.56	0.68	0.53