)

Liberty Global (LBTYA) investor relations material
Liberty Global Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Strategic execution across Telecom, Growth, and Services platforms focused on shareholder value creation, with ongoing network investments, asset sales, and operational improvements across markets.
Early signs of improved fixed-line performance at VodafoneZiggo, solid broadband and mobile growth at Telenet, and VMO2 nearing Daisy B2B acquisition.
Ongoing plans to unlock conglomerate discount via potential spin-offs, tracking stocks, or IPOs within 12–24 months, leveraging a flexible corporate structure.
Liberty Growth portfolio FMV rose to $3.4 billion, with top six investments comprising over 80% of value; Formula E viewership expected to surpass 500 million.
Continued investment in network upgrades, spectrum acquisition, and FTTH expansion in Ireland; progress on network sharing initiatives in Belgium.
Financial highlights
Q2 2025 consolidated revenue was $1,269.1 million, up 20.0% year-over-year on a reported basis; Adjusted EBITDA for Q2 was $335.3 million, up 12.7% year-over-year.
Liberty Growth portfolio value at $3.4B, with top six investments comprising over 80%.
Q2 consolidated cash balance at $1.9B, down from $2.1B in Q1 due to investments and share buybacks.
Adjusted Free Cash Flow for the group was $(342.4)M for the six months ended June 30, 2025.
Net loss attributable to shareholders was $2,792.9 million in Q2, mainly due to large non-operating losses.
Outlook and guidance
All guidance metrics for Liberty Telecom operations reconfirmed; Telenet's Adj. EBITDAAL outlook raised and Corporate guidance improved.
Asset sales target for the year set at $500–750M, with flexibility on timing to maximize value.
Free cash flow expected to improve from 2026 as CapEx falls at Telenet and Virgin Media Ireland.
No material US tax expenses expected from 2026 onward.
Management expects continued inflationary pressures on costs, especially labor and programming.
Next Liberty Global earnings date

Next Liberty Global earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, 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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
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.
)
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.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
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.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
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.
Explore our global coverage