Overview
Compare with Liberty Capital Corp/NV, Cable One, Inc. or AMC Global Media, or pick any stock.
- TickerLBRDA on NASDAQ1
- IndustryCable & Other Pay Television Services1
- HeadquartersEnglewood, Colorado1
- Websitewww.libertybroadband.com
- Business address12300 Liberty Blvd, Englewood, Co 801125
- Filer categoryLarge accelerated filer5
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Liberty Broadband Corporation (“Liberty Broadband,” “the Company,” “us,” “we,” or “our”) is primarily comprised of an equity method investment in Charter.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Selling, general and admin29¢$432.0M
- Income tax13¢$187.0M
- Profit58¢$869.0M
Where each dollar of operating cash went, fiscal 2024
- Capital spending74¢$247.0M
- Share buybacks26¢$89.0M
Out of $104.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.74
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $22.3M8 | $15.0M9 | $51.0M10 | $988.0M11 | $975.0M7 | $981.0M7 | $1.0B7 |
| Cost of revenue | |||||||
| Research and development | $6.0M15 | ||||||
| Selling, general and admin | $23.5M8 | $33.0M9 | $76.0M10 | $442.0M11 | $395.0M7 | $399.0M7 | $432.0M7 |
| Operating expenses | $1.1B11 | $1.0B7 | $908.0M7 | $924.0M7 | |||
| Operating income | -$12.0M8 | -$29.0M9 | -$60.0M10 | -$98.0M11 | -$39.0M7 | -$39.0M4 | -$50.0M4 |
| Interest | $23.3M8 | $25.0M9 | $28.0M10 | $117.0M11 | $133.0M11 | $206.0M11 | |
| Income before tax | $950.0M11 | $1.5B7 | $823.0M4 | $983.0M4 | |||
| Income tax | $21.9M8 | $38.0M9 | -$37.0M10 | $218.0M11 | $277.0M7 | $175.0M4 | $187.0M4 |
| Net income | $70.0M8 | $117.0M9 | $398.0M10 | $732.0M11 | $1.3B7 | $688.0M4 | $869.0M4 |
| Earnings per share | $0.398 | $0.659 | $2.1810 | $3.9711 | $8.017 | $4.717 | $6.087 |
| Earnings per share (diluted) | $0.388 | $0.649 | $2.1710 | $3.9311 | $7.967 | $4.687 | $6.087 |
| Shares (weighted, basic) | 185.0M shares11 | 157.0M shares7 | 146.0M shares4 | 143.0M shares4 | |||
| Shares (weighted, diluted) | 186.0M shares11 | 158.0M shares7 | 147.0M shares4 | 143.0M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $83.1M8 | $50.0M9 | $1.4B10 | $191.0M11 | $375.0M7 | $79.0M4 | $89.0M4 |
| Current assets | $84.6M16 | $52.1M8 | $1.8B9 | $459.0M10 | $660.0M11 | $430.0M7 | $423.0M4 |
| Goodwill | $762.0M11 | $755.0M7 | $755.0M7 | $755.0M7 | |||
| Intangible assets | $573.0M10 | $516.0M11 | $461.0M7 | $411.0M7 | |||
| Total assets | $12.1B16 | $12.3B8 | $21.4B9 | $17.0B10 | $15.1B11 | $15.6B7 | $16.7B4 |
| Short-term debt | $28.0M10 | $1.4B11 | $3.0M7 | $3.0M7 | |||
| Current liabilities | $8.2M16 | $12.1M8 | $612.0M9 | $582.0M10 | $1.7B11 | $178.0M7 | $200.0M4 |
| Long-term debt | $522.9M16 | $572.9M8 | $4.8B9 | $3.7B10 | $2.4B11 | $3.7B7 | $2.7B4 |
| Total liabilities | $1.5B16 | $1.6B8 | $7.9B9 | $6.8B10 | $6.6B11 | $6.6B7 | $6.9B4 |
| Retained earnings | $3.9B10 | $5.2B11 | $5.8B7 | $6.7B4 | |||
| Shareholders’ equity | $10.6B16 | $10.7B8 | $13.5B9 | $10.1B10 | $8.5B11 | $9.0B7 | $9.8B4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$26.3M8 | -$37.0M9 | -$96.0M10 | $3.0M11 | -$56.0M7 | $16.0M7 | $104.0M7 |
| Depreciation and amortization | $267.0M11 | $262.0M7 | $230.0M7 | $207.0M7 | |||
| Stock-based compensation | $41.0M11 | $37.0M7 | $15.0M4 | $15.0M4 | |||
| Capital spending | $41.0K8 | $1.0M9 | $2.0M10 | $134.0M11 | $181.0M7 | $222.0M7 | $247.0M7 |
| Free cash flow | -$26.3M | -$38.0M | -$98.0M | -$131.0M | -$237.0M | -$206.0M | -$143.0M |
| Cash from investing | $4.1B11 | $3.0B7 | $150.0M7 | $130.0M7 | |||
| Share buybacks | $597.0M10 | $4.3B11 | $2.9B7 | $227.0M4 | $89.0M4 | ||
| Cash from financing | -$5.3B11 | -$2.8B7 | -$390.0M7 | -$181.0M7 |
Leadership
Who has led Liberty Broadband Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerMartin Edward Patterson Jul 14, 2025 to now17
- Chief executive officerGreg Maffei Oct 29, 2014 to Dec 19, 202418
- PresidentMartin Edward Patterson Jul 14, 2025 to now17
- PresidentGreg Maffei Oct 29, 2014 to Dec 19, 202418
- Chief financial officerMark D. Carleton Oct 7, 2016 to May 17, 201919
- Chief financial officerChristopher W. Shean Oct 29, 2014 to Mar 31, 201620
Board members and other officers (14)
- SVP/Controller/PFOBrian J. Wendling Jul 9, 2019 to now21
- Senior Vice PresidentAlbert E. Rosenthaler Oct 29, 2014 to Mar 17, 202322
- Board memberDerek Chang May 27, 2025 to now23
- Board memberJulie D. Frist Mar 11, 2020 to now24
- Board memberGregg L. Engles Dec 28, 2020 to now25
- Board memberSue Ann Hamilton Dec 28, 2020 to now26
- Board memberJ. David Wargo Mar 26, 2015 to now27
- Board memberGreg Maffei Oct 29, 2014 to Dec 19, 202418
- Board memberRichard N. Baer Oct 29, 2014 to Oct 29, 201428
- Board memberDonne F. Fisher Nov 5, 2014 to Jun 1, 201529
- Board memberJohn C. Malone Nov 5, 2014 to now30
- Board memberJohn E. Welsh Iii. Nov 5, 2014 to now31
- General counselRenee L. Wilm Oct 1, 2019 to now32
- General counselRichard N. Baer Oct 29, 2014 to Jan 5, 201728
Timeline
Filings
341 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 105 major events, 109 insider forms, 53 large holders, 54 other. The latest 20:
- Aug 31, 202615-12G EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026S-8 POS EDGAR
- Aug 21, 2026POSASR EDGAR
- Aug 21, 20268-K EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 2026SCHEDULE 13D/A EDGAR
- Aug 20, 2026SCHEDULE 13D/A EDGAR
The 341 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 5 buys and 24 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 15, 2026 | Wilm Renee LChief Legal/Admin Officer | Sale | 239 | $33.32 | $8.0K | Form 4 |
| Feb 18, 2026 | WARGO J DAVIDDirector | Sale | 25,000 | $55.49 | $1.4M | Form 4 |
| Feb 10, 2026 | WARGO J DAVIDDirector | Sale | 46,682 | $57.31 | $2.7M | Form 4 |
| Dec 5, 2025 | WARGO J DAVIDDirector | Sale | 2,889 | $47.10 | $136.1K | Form 4 |
| Dec 19, 2024 | MAFFEI GREGORY BPresident/CEO | Sale | 36,733 | $77.47 | $2.8M | Form 4 |
| Dec 18, 2024 | MAFFEI GREGORY BPresident/CEO | Sale | 125,000 | $79.74 | $10.0M | Form 4 |
| Dec 17, 2024 | MAFFEI GREGORY BPresident/CEO | Sale | 119,990 | $80.61 | $9.7M | Form 4 |
| Dec 16, 2024 | MAFFEI GREGORY BPresident/CEO | Sale | 71,500 | $82.00 | $5.9M | Form 4 |
| Nov 21, 2024 | Wendling Brian JCAO/PFO | Sale | 42 | $85.91 | $3.6K | Form 4 |
| Sep 26, 2024 | Wendling Brian JCAO/PFO | Sale | 2,208 | $75.84 | $167.5K | Form 4 |
| Sep 25, 2024 | Wilm Renee LChief Legal/Admin Officer | Sale | 4,423 | $76.56 | $338.6K | Form 4 |
| Apr 8, 2024 | WARGO J DAVIDDirector | Sale | 15,000 | $51.98 | $779.8K | Form 4 |
| Apr 5, 2024 | WARGO J DAVIDDirector | Sale | 10,000 | $51.43 | $514.3K | Form 4 |
| Mar 7, 2024 | WARGO J DAVIDDirector | Sale | 9,000 | $56.80 | $511.2K | Form 4 |
| Mar 5, 2024 | WARGO J DAVIDDirector | Sale | 11,000 | $57.33 | $630.6K | Form 4 |
| Nov 17, 2023 | Green Richard RDirector | Sale | 4,152 | $83.53 | $346.8K | Form 4 |
| Nov 15, 2023 | WELSH JOHN E IIIDirector | Sale | 4,152 | $83.74 | $347.7K | Form 4 |
| Aug 16, 2023 | MAFFEI GREGORY BPresident/CEO | Sale | 1,135 | $92.02 | $104.4K | Form 4 |
| May 11, 2023 | Wendling Brian JCAO/PFO | Sale | 6,419 | $77.59 | $498.1K | Form 4 |
| Feb 2, 2023 | Wendling Brian JCAO/PFO | Sale | 3,210 | $95.00 | $304.9K | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- John C. MaloneSCHEDULE 13D/A, 9 filings Jun 15, 2022 to Aug 20, 202633
- Ronald A. DuncanSCHEDULE 13D/A, 1 filing Aug 20, 202634
- BarclaysSCHEDULE 13G/A, 3 filings Nov 12, 2025 to Aug 13, 202635
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 31, 202636
- VANGUARD GROUP INCSCHEDULE 13G/A, 8 filings Feb 10, 2022 to Mar 27, 202637
- BlackRockSCHEDULE 13G, 3 filings Feb 4, 2025 to Jan 21, 202638
- ARISTEIA CAPITAL, L.L.C.SCHEDULE 13G/A, 4 filings Feb 14, 2023 to Nov 14, 202539
- STATE OF WISCONSIN INVESTMENT BOARDSCHEDULE 13G/A, 2 filings Aug 14, 2025 to Nov 14, 202540
- CSS LLC/ILSCHEDULE 13G, 1 filing Aug 21, 202541
- FPR PARTNERS LLCSCHEDULE 13G/A, 5 filings Feb 14, 2022 to Feb 14, 202542
- UBSSCHEDULE 13G/A, 2 filings Oct 30, 2024 to Feb 10, 202543
- FMR LLCSCHEDULE 13G/A, 5 filings Dec 12, 2022 to Jan 8, 202544
- Greg MaffeiSC 13D/A, 4 filings Dec 17, 2021 to May 13, 202445
- NORGES BANKSC 13G/A, 2 filings May 12, 2022 to Feb 14, 202346
- RBC Rochdale, LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202347
- Clearbridge Investments, LLCSC 13G/A, 1 filing Feb 9, 202248
Members of Congress who traded it
10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Nov 14, 2022 | John W. HickenlooperDemocratic, Senate | Buy | $15,001 - $50,000 | −155.0% | Report |
| Nov 14, 2022 | John W. HickenlooperDemocratic, Senate | Partial sale | $50,001 - $100,000 | +155.0% | Report |
| Sep 8, 2022 | Cindy Axne, House | Sale | $1,001 - $15,000 | +155.0% | Report |
| Sep 8, 2022 | Cindy Axne, House | Sale | $1,001 - $15,000 | +155.0% | Report |
| Sep 8, 2022 | Cindy Axne, House | Sale | $1,001 - $15,000 | +155.0% | Report |
| Aug 12, 2022 | Cindy Axne, House | Partial sale | $1,001 - $15,000 | +150.4% | Report |
| May 13, 2022 | John W. HickenlooperDemocratic, Senate | Buy | $1,001 - $15,000 | −160.2% | Report |
| May 13, 2022 | John W. HickenlooperDemocratic, Senate | Partial sale | $15,001 - $50,000 | +160.2% | Report |
| Jan 13, 2022 | Cindy Axne, House | Buy | $1,001 - $15,000 | −142.0% | Report |
| Jun 5, 2020 | Susie LeeDemocratic, House | Sale | $1,001 - $15,000 | +214.4% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Links
- Websitewww.libertybroadband.com1
- WikidataQ105964823
- SEC EDGARCIK 1611983
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 3Company websiteLiberty Broadband Corp logo
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- 18SEC EDGARGreg Maffei, Chief executive officer
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- 23SEC EDGARDerek Chang, Board member
- 24SEC EDGARJulie D. Frist, Board member
- 25SEC EDGARGregg L. Engles, Board member
- 26SEC EDGARSue Ann Hamilton, Board member
- 27SEC EDGARJ. David Wargo, Board member
- 28SEC EDGARRichard N. Baer, Board member
- 29SEC EDGARDonne F. Fisher, Board member
- 30SEC EDGARJohn C. Malone, Board member
- 31SEC EDGARJohn E. Welsh Iii., Board member
- 32SEC EDGARRenee L. Wilm, General counsel
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