)
Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Formula One Group
Formula One Group (FWONA) investor relations material
Formula One Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Feb, 2026
Executive summary
Achieved a highly productive and successful year, meeting all strategic priorities: F1 growth, MotoGP acquisition, and Liberty Live split-off.
Consolidated revenue rose 23% year-over-year to $4.48 billion, with operating income increasing to $577 million from $287 million in 2024.
Now positioned as a premier global sports investment vehicle anchored by F1 and MotoGP, benefiting from strong industry growth trends.
Formula 1 and MotoGP both delivered record fan attendance and engagement, with new sponsorships and broadcast agreements secured.
Focused on operational excellence, disciplined capital allocation, and unlocking long-term value across the portfolio.
Financial highlights
Formula 1 revenue increased 14% to $3.87 billion, with Adjusted EBITDA/OIBDA up 20% to $946 million and operating income up 28% to $632 million year-over-year.
MotoGP revenue rose 14% to $573 million, with Adjusted EBITDA/OIBDA up 15% to $201 million and operating income up 86% to $54 million.
Year-end cash and liquid investments totaled $1.06 billion; principal debt was $5.1 billion.
Consolidated Adjusted OIBDA grew 20% to $1.07 billion for the year.
Net earnings attributable to stockholders were $(2.06) billion, reflecting significant discontinued operations and noncontrolling interests.
Outlook and guidance
Continued focus on deleveraging, especially at MotoGP, and maintaining net leverage targets.
Strategic priorities for 2026 include expanding global reach, enhancing fan engagement, and leveraging new sponsorship and media partnerships.
Expect team payments as a percent of pre-team share Adjusted EBITDA to improve by ~200 basis points in 2026, stabilizing thereafter.
Ongoing investment in commercial functions and fan experience at MotoGP and F1 to drive future growth.
What drove F1 team payment efficiency gain?
MotoGP's city-center race strategy impact?
Strategic rationale for Liberty Live split-off?
F1's next growth levers beyond current trends?
MotoGP commercialization timeline and strategy?
F1 2026 regulations: P&L impact drivers?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Formula One Group earnings date
Morgan Stanley Technology, Media & Telecom Conference 20263 Mar, 2026
Formula One Group
Next Formula One Group earnings date
Morgan Stanley Technology, Media & Telecom Conference 20263 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Formula One Group is a subsidiary of Liberty Media Corporation. Liberty Media Corporation is a mass media company controlled by chairman John C. Malone. It operates as an interest entity with three divisions: Liberty SiriusXM Group, a subscription radio service; Braves Holdings, which indirectly holds an interest in the Atlanta Braves baseball club; and Formula One Group, an investment holding company. The company owns interests in Charter Communications and Live Nation Entertainment. Liberty Media also has a significant minority investment in Lions Gate Entertainment, the film and television entertainment company, and Barnes & Noble Education (formerly known as B&N Education), a leading operator of bookstores for college campuses and the education sector.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage