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Liberty Latin America
Liberty Latin America (LILA) investor relations material
Liberty Latin America Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary19 Feb, 2026
Executive summary
Achieved strong 2025 performance with 9% rebased Adjusted OIBDA growth and 27% growth in Adjusted OIBDA less P&E additions year-over-year, despite headwinds from Hurricane Melissa in Jamaica.
Added over 225,000 mobile postpaid subscribers in 2025, with record results in Costa Rica and rapid mobile recovery in Jamaica, driven by fixed-mobile convergence and prepaid to postpaid migrations.
Maintained disciplined capital investment, with P&E additions at 14% of revenue, down from 16% in 2024.
Strategic priorities for 2026 include rebuilding Jamaica, expanding subsea cable projects, driving fixed-mobile convergence, cost efficiency initiatives, and executing major network projects.
Strategic partnership with AWS to enhance regional product offerings and cloud/AI services.
Financial highlights
FY 2025 revenue was $4,442 million, flat year-over-year on a rebased basis; Q4 revenue was $1,160 million, up 1% rebased.
Adjusted OIBDA for FY 2025 increased 9% to $1,706 million; Q4 Adjusted OIBDA was $451 million, up 8% rebased.
Adjusted OIBDA margin expanded to 38.4% for FY 2025, up from 35.2% in FY 2024, improving by roughly 300 basis points.
Adjusted OIBDA less P&E additions grew 27% year-over-year to $1,066 million, representing 24% of revenue.
Adjusted free cash flow before partner distributions was $234 million for 2025, up 29% year-over-year.
Outlook and guidance
Positive outlook for 2026, with commercial momentum and cash flow expansion expected, especially in H2 2026.
Full recovery in Jamaica targeted by end of 2026 and pre-hurricane profitability by 2027.
Continued focus on cost control, capital investment discipline, and free cash flow improvement.
Anticipate ongoing growth in mobile postpaid and B2B, with fixed broadband growth offset by legacy product declines.
What drove capital intensity reduction in FY25?
What are key B2B/B2G growth drivers
How did LPR achieve margin recovery in Q4?
How will $81M payout mitigate $100M FCF impact?
How will AWS partnership drive FCF expansion?
What is the path to reduce LPR's 14x covenant leverage?
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Next Liberty Latin America earnings date
Q1 20267 May, 2026
Liberty Latin America
Next Liberty Latin America earnings date
Q1 20267 May, 2026
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Frequently asked questions
Liberty Latin America Ltd. is a telecommunications company that provides communication and entertainment services to consumers and businesses across Latin America and the Caribbean. The company offers a range of services, including cable and broadband internet, mobile and fixed-line telephony, and video services. Liberty Latin America serves both residential and commercial customers, with its offerings tailored to meet the diverse needs of the region. The company operates through well-known regional brands and focuses on expanding digital infrastructure to enhance connectivity in the areas it serves. The company is headquartered in Denver, Colorado, and its shares are listed on the NASDAQ.
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