LILA on Nasdaq
Liberty Latin America Ltd.
Cable and other pay television services company based in Hamilton, Bermuda. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerLILA on Nasdaq2
- IndustryCable & Other Pay Television Services2
- HeadquartersHamilton, Bermuda2
- Incorporated inBermuda4
- Business address1550 Wewatta Street, Suite 1000, Denver, Co 802024
- Filer categoryLarge accelerated filer4
- Legal formExempted Companies Limited by Shares2
- LEI213800YWQHEAX7CAVO832
- StatusActive2
- LEI statusIssued and current2
- Registered addressCLARENDON HOUSE, HM 11 Hamilton, Bermuda2
- Registered withRegistrar of Companies (Ministry of Economic Development), 527142
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Liberty Latin America Ltd. is a registered company in Bermuda that primarily includes: (i) C&W; (ii) Liberty Communications PR; and (iii) LBT CT Communications, S.A. (a less than wholly-owned entity) and its subsidiaries, which include Liberty Telecomunicaciones. C&W owns less than 100% of certain of its consolidated subsidiaries, including C&W Bahamas, C&W Jamaica and CWP.5 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 2025
2.4%Operating margin3
-13.8%Net margin3
-0.1%Revenue growth, 20253
-110.0%Return on equity3
14.89×Debt to equity3
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Business To Business Services brought in 30% of the revenue Liberty Latin America Ltd. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Business To Business Services | $1.5B | $1.4B | $1.4B |
| Mobile Subscription | $1.2B | $1.2B | $1.3B |
| Cable Subscription | $1.2B | $1.2B | $1.2B |
| Mobile Non-Subscription | $483.3M | $437.0M | $459.5M |
| Mobile Handset And Other Devices | $259.0M | $216.0M | $248.0M |
| Cable Non-Subscription | $72.2M | $91.5M | $89.5M |
| Other Services | $40.5M | $33.6M | $26.9M |
| B2B Mobile Handset and Other Devices | $26.0M | $24.0M | $26.0M |
Business segments
Liberty Caribbean brought in 42% of the revenue Liberty Latin America Ltd. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Liberty Caribbean | $1.4B | $1.5B | $1.5B |
| Cable & Wireless Communications Limited (C&W) Panama | $742.6M | $763.2M | $783.5M |
| Costa Rica | $547.9M | $613.1M | $632.2M |
| Liberty Networks | $453.3M | $447.5M | $471.0M |
| Liberty Networks, Other | $89.0M | $91.0M | $94.0M |
Regions
PR brought in 25% of the revenue Liberty Latin America Ltd. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| PR | $1.4B | $1.2B | $1.1B |
| PA | $739.7M | $760.1M | $780.6M |
| CR | $547.1M | $612.2M | $631.2M |
| Other Caribbean Operations | $592.0M | $590.5M | $603.1M |
| JM | $405.7M | $415.2M | $409.0M |
| Networks and Latin America | $364.6M | $357.0M | $377.6M |
| BS | $193.4M | $205.3M | $190.8M |
| BB | $157.6M | $163.8M | $171.4M |
| T&T | $156.5M | $154.9M | $149.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue22¢$975.9M
- Other costs76¢$3.4B
- Income tax2¢$98.5M
Out of $4.4B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$805.9M
Out of $805.9M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $4.4B | $4.4B | $4.5B |
| Programming and other direct costs of services | $975.9M | $989.4M | $1.0B |
| Other operating costs and expenses | $1.8B | $2.0B | $1.9B |
| Depreciation and amortization | $904.9M | $968.3M | $1.0B |
| Impairment, restructuring and other operating items, net | $618.2M | $589.7M | $86.9M |
| Operating costs and expenses (exclusive of depreciation and amortization) | $4.3B | $4.5B | $4.0B |
| Operating income (loss) | $108.2M | -$76.8M | $517.7M |
| Interest expense | -$656.4M | -$627.7M | -$601.7M |
| Realized and unrealized gains (losses) on derivative instruments, net | -$20.0M | $82.1M | -$34.2M |
| Foreign currency transaction gains (losses), net | -$42.7M | -$18.3M | $70.3M |
| Losses on debt extinguishments, net | -$14.4M | -$5.5M | -$3.9M |
| Other expense, net | -$27.5M | -$13.7M | -$10.6M |
| Non-operating income (expense) | -$761.0M | -$583.1M | -$580.1M |
| Loss before income taxes | -$652.8M | -$659.9M | -$62.4M |
| Income tax benefit (expense) | $98.5M | $200.0K | -$24.4M |
| Net loss | -$554.3M | -$659.7M | -$86.8M |
| Net loss (earnings) attributable to noncontrolling interests | -$56.9M | -$29.7M | $13.2M |
| Net loss attributable to Liberty Latin America shareholders | -$611.2M | -$689.4M | -$73.6M |
| Basic net loss per share attributable to Liberty Latin America shareholders (in dollars per share) | -$3.06 | -$3.47 | -$0.35 |
| Diluted net loss per share attributable to Liberty Latin America shareholders (in dollars per share) | -$3.06 | -$3.47 | -$0.35 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $783.9M | $654.3M | ||
| Trade receivables, net | $653.6M | $685.9M | ||
| Prepaid expenses | $79.8M | $79.8M | ||
| Current notes receivable, net | $133.0M | $109.6M | ||
| Current contract assets | $124.0M | $105.8M | ||
| Other current assets, net | $471.9M | $479.8M | ||
| Total current assets | $2.2B | $2.1B | ||
| Goodwill | $3.0B | $3.0B | $3.5B | |
| Property and equipment, net | $3.8B | $4.1B | ||
| Intangible assets not subject to amortization | $1.3B | $1.8B | ||
| Intangible assets subject to amortization, net | $361.0M | $414.3M | ||
| Other assets, net | $1.4B | $1.4B | ||
| Total assets | $12.2B | $12.8B | ||
| Accounts payable | $384.6M | $441.9M | ||
| Current portion of deferred revenue | $127.4M | $126.4M | ||
| Current portion of debt and finance lease obligations | $408.8M | $465.7M | ||
| Accrued interest | $150.1M | $134.7M | ||
| Accrued payroll and employee benefits | $102.4M | $95.8M | ||
| Current portion of operating lease liabilities | $95.0M | $87.5M | ||
| Other accrued and current liabilities | $709.6M | $708.0M | ||
| Total current liabilities | $2.0B | $2.1B | ||
| Long-term debt and finance lease obligations | $7.9B | $7.6B | ||
| Deferred tax liabilities | $411.6M | $580.3M | ||
| Deferred revenue | $81.9M | $88.0M | ||
| Other long-term liabilities | $820.6M | $847.3M | ||
| Total liabilities | $11.2B | $11.2B | ||
| Undesignated preference shares, $0.01 par value; 50.0 million shares authorized; nil shares issued and outstanding at each period | $0 | $0 | ||
| Accumulated deficit | -$4.2B | -$3.6B | ||
| Accumulated other comprehensive loss, net of taxes | -$124.6M | -$154.2M | ||
| Total Liberty Latin America shareholders | $555.6M | $1.1B | ||
| Noncontrolling interests | $507.9M | $505.0M | ||
| Total equity | $1.1B | $1.6B | $2.3B | $2.6B |
| Total liabilities and equity | $12.2B | $12.8B | ||
| Preferred shares, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Treasury Stock, Common, Value | $448.9M | $444.1M | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Treasury stock (in shares) | 52.4M shares | 51.8M shares | ||
| Additional paid-in capital | $5.4B | $5.3B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $783.9M | $654.3M | ||
| Trade receivables, net | $653.6M | $685.9M | ||
| Prepaid expenses | $79.8M | $79.8M | ||
| Current notes receivable, net | $133.0M | $109.6M | ||
| Current contract assets | $124.0M | $105.8M | ||
| Other current assets, net | $471.9M | $479.8M | ||
| Total current assets | $2.2B | $2.1B | ||
| Goodwill | $3.0B | $3.0B | $3.5B | |
| Property and equipment, net | $3.8B | $4.1B | ||
| Intangible assets not subject to amortization | $1.3B | $1.8B | ||
| Intangible assets subject to amortization, net | $361.0M | $414.3M | ||
| Other assets, net | $1.4B | $1.4B | ||
| Total assets | $12.2B | $12.8B | ||
| Accounts payable | $384.6M | $441.9M | ||
| Current portion of deferred revenue | $127.4M | $126.4M | ||
| Current portion of debt and finance lease obligations | $408.8M | $465.7M | ||
| Accrued interest | $150.1M | $134.7M | ||
| Accrued payroll and employee benefits | $102.4M | $95.8M | ||
| Current portion of operating lease liabilities | $95.0M | $87.5M | ||
| Other accrued and current liabilities | $709.6M | $708.0M | ||
| Total current liabilities | $2.0B | $2.1B | ||
| Long-term debt and finance lease obligations | $7.9B | $7.6B | ||
| Deferred tax liabilities | $411.6M | $580.3M | ||
| Deferred revenue | $81.9M | $88.0M | ||
| Other long-term liabilities | $820.6M | $847.3M | ||
| Total liabilities | $11.2B | $11.2B | ||
| Undesignated preference shares, $0.01 par value; 50.0 million shares authorized; nil shares issued and outstanding at each period | $0 | $0 | ||
| Accumulated deficit | -$4.2B | -$3.6B | ||
| Accumulated other comprehensive loss, net of taxes | -$124.6M | -$154.2M | ||
| Total Liberty Latin America shareholders | $555.6M | $1.1B | ||
| Noncontrolling interests | $507.9M | $505.0M | ||
| Total equity | $1.1B | $1.6B | $2.3B | $2.6B |
| Total liabilities and equity | $12.2B | $12.8B | ||
| Preferred shares, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Treasury Stock, Common, Value | $448.9M | $444.1M | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Treasury stock (in shares) | 52.4M shares | 51.8M shares | ||
| Additional paid-in capital | $5.4B | $5.3B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$554.3M | -$659.7M | -$86.8M |
| Share-based compensation expense | $54.4M | $73.0M | $88.7M |
| Depreciation and amortization | $904.9M | $968.3M | $1.0B |
| Impairments and other non-cash activity, net | $569.7M | $546.1M | $54.3M |
| Amortization of debt financing costs, premiums and discounts, net | $30.0M | $23.2M | $30.2M |
| Realized and unrealized losses (gains) on derivative instruments, net | $20.0M | -$82.1M | $34.2M |
| Foreign currency transaction losses (gains), net | $42.7M | $18.3M | -$70.3M |
| Losses on debt modification and extinguishment, net | $14.4M | $5.5M | $3.9M |
| Deferred income tax benefit | -$238.8M | -$129.3M | -$87.4M |
| Receivables and other operating assets | $134.4M | $311.7M | $51.9M |
| Payables and accruals | -$171.5M | -$318.7M | -$130.0M |
| Net cash provided by operating activities | $805.9M | $756.3M | $897.0M |
| Capital expenditures, net | -$500.0M | -$540.4M | -$585.0M |
| Cash paid in connection with acquisitions, net of cash acquired | $0 | -$95.4M | $0 |
| Purchases of investments | -$80.0M | -$47.3M | -$24.9M |
| Other investing activities, net | -$12.3M | -$5.4M | -$5.9M |
| Net cash used by investing activities | -$592.3M | -$688.5M | -$615.8M |
| Borrowings of debt | $1.9B | $1.7B | $1.1B |
| Payments of principal amounts of debt and finance lease obligations | -$1.8B | -$2.0B | -$955.9M |
| Repurchase of Liberty Latin America common shares | $0 | -$82.9M | -$118.3M |
| Net cash received related to derivative instruments | $18.8M | $43.2M | $9.8M |
| Distributions to noncontrolling interest owners | -$73.3M | -$55.1M | -$75.4M |
| Payment of financing costs and debt redemption premiums | -$55.8M | -$18.0M | -$18.2M |
| Capital contribution from noncontrolling interest owner | $0 | $2.0M | $5.1M |
| Capped call premium payment | $0 | -$14.6M | $0 |
| Other financing activities, net | -$4.0M | -$3.6M | -$2.3M |
| Net cash used by financing activities | -$43.6M | -$386.4M | -$62.4M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -$40.3M | -$10.9M | -$7.9M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $129.7M | -$329.5M | $210.9M |
| Cash paid for interest | $599.9M | $618.9M | $521.4M |
| Net cash paid for taxes | $159.4M | $144.9M | $79.8M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Liberty Latin America Ltd., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
20202025
- Chief executive officerBalan Nair Jan 4, 2018 to now17
- ChairMichael T. Fries Jan 4, 2018 to now18
- PresidentBalan Nair Jan 4, 2018 to now17
- Chief financial officerChristopher J. Noyes Jan 4, 2018 to now19
- Chief operating officerBetzalel Kenigsztein Jan 4, 2018 to Jun 15, 202120
Board members and other officers (17)
- SVP, CT&POAamir Hussain Apr 20, 2022 to now21
- CCORocio Lorenzo Jul 20, 2021 to Feb 2, 202422
- MD, CHIEF ACCOUNTING OFFICERBrian D. Zook Jan 4, 2018 to now23
- SVP, CT&POVivek Khemka Sep 12, 2018 to Mar 3, 202124
- Board memberRoberta S. Jacobson May 18, 2022 to now25
- Board memberAngoitia Alfonso De Jan 4, 2018 to now26
- Board memberBalan Nair Jan 4, 2018 to now17
- Board memberBrendan J. Paddick Jan 4, 2018 to now27
- Board memberCharles H. R. Bracken Jan 4, 2018 to now28
- Board memberEric Zinterhofer Jan 4, 2018 to Mar 18, 202529
- Board memberJohn C. Malone Jan 4, 2018 to Feb 14, 201830
- Board memberMiranda Curtis Jan 4, 2018 to now31
- Board memberPaul A. Gould Jan 4, 2018 to now32
- Board memberBryan H. Hall Dec 28, 2017 to Dec 28, 201733
- Board memberJason Waldron Dec 28, 2017 to Dec 28, 201734
- Board memberJohn M. Winter Dec 28, 2017 to Dec 28, 201735
- General counselJohn M. Winter Dec 28, 2017 to now35
Former names
- LatAm Splitco Ltd.Jul 21, 2017 to Jul 21, 20174
Timeline
Filings
576 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 137 major events, 360 insider forms, 32 large holders, 27 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 1, 20264 EDGAR
- Sep 28, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Sep 15, 20268-K EDGAR
- Sep 4, 20264 EDGAR
- Sep 1, 20264 EDGAR
- Aug 21, 20268-K 8-K LIBERTY PR Q2 2026 REPORT POSTED TO WEBSITE EDGAR
- Aug 20, 20268-K 8-K C&W Q2 2026 BOND REPORT TO WEBSITE EDGAR
- Aug 20, 20268-K 8-K LCR Q2 2026 BOND REPORT TO WEBSITE EDGAR
- Aug 18, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 12, 2026144 EDGAR
- Aug 11, 20264 EDGAR
- Aug 11, 2026SCHEDULE 13D/A EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K LIBERTY LATIN AMERICA Q2 2026 EARNINGS RELEASE 8-K EDGAR
The 576 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
77 open-market trades by officers, directors and large owners since October 2021: 66 buys and 11 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 28, 2026 | MALONE JOHN C10% owner | Buy | 7,945 | $20.43 | $162.3K | Form 4 |
| Sep 25, 2026 | MALONE JOHN C10% owner | Buy | 13,362 | $20.44 | $273.1K | Form 4 |
| Sep 24, 2026 | MALONE JOHN C10% owner | Buy | 1,135 | $20.45 | $23.2K | Form 4 |
| Sep 17, 2026 | MALONE JOHN C10% owner | Buy | 168 | $20.44 | $3.4K | Form 4 |
| Sep 16, 2026 | MALONE JOHN C10% owner | Buy | 36,914 | $20.43 | $754.2K | Form 4 |
| Sep 2, 2026 | DE ANGOITIA ALFONSODirector | Buy | 313,104 | $20.95 | $6.6M | Form 4 |
| Sep 1, 2026 | DE ANGOITIA ALFONSODirector | Buy | 17,596 | $20.65 | $363.4K | Form 4 |
| Sep 1, 2026 | MALONE JOHN C10% owner | Buy | 69,454 | $8.50 | $590.4K | Form 4 |
| Aug 31, 2026 | DE ANGOITIA ALFONSODirector | Buy | 145,490 | $21.00 | $3.1M | Form 4 |
| Aug 28, 2026 | MALONE JOHN C10% owner | Buy | 51,832 | $8.48 | $439.5K | Form 4 |
| Aug 14, 2026 | MALONE JOHN C10% owner | Buy | 6,761 | $8.50 | $57.5K | Form 4 |
| Aug 13, 2026 | MALONE JOHN C10% owner | Buy | 28,219 | $8.50 | $239.9K | Form 4 |
| Aug 11, 2026 | BRACKEN CHARLES H RDirector | Buy | 17,425 | $20.93 | $364.7K | Form 4 |
| Aug 11, 2026 | BRACKEN CHARLES H RDirector | Sale | 42,975 | $8.57 | $368.3K | Form 4 |
| Aug 11, 2026 | MALONE JOHN C10% owner | Buy | 22,477 | $8.50 | $191.1K | Form 4 |
| Aug 10, 2026 | MALONE JOHN C10% owner | Buy | 113,704 | $10.12 | $1.2M | Form 4 |
| Aug 7, 2026 | MALONE JOHN C10% owner | Buy | 103,328 | $16.97 | $1.8M | Form 4 |
| Jun 26, 2026 | WINTER JOHN MSVP, CLO AND SECRETARY | Buy | 5,071 | $19.67 | $99.7K | Form 4 |
| Jun 26, 2026 | MALONE JOHN C10% owner | Buy | 17,693 | $7.00 | $123.9K | Form 4 |
| Jun 25, 2026 | FRIES MICHAEL TExecutive Chairman | Buy | 49,382 | $20.39 | $1.0M | Form 4 |
All 77 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, 3 filings May 11, 2026 to Aug 11, 202636
- BlackRockSCHEDULE 13G/A, 1 filing Jul 29, 202637
- Rubric Capital Management LPSCHEDULE 13G, 1 filing May 15, 202638
- FMR LLCSCHEDULE 13G/A, 6 filings Nov 12, 2024 to May 6, 202639
- Balan NairSCHEDULE 13D/A, 3 filings Feb 27, 2023 to Mar 31, 202640
- GAMCO InvestorsSCHEDULE 13D, 1 filing Jan 2, 202541
- Ashe Capital Management, LPSC 13G/A, 6 filings Feb 13, 2023 to May 17, 202442
- DIMENSIONAL FUND ADVISORS LPSC 13G, 1 filing Feb 9, 202443
- Genesis Investment Management, LLPSC 13G/A, 3 filings Oct 29, 2021 to Feb 7, 202344
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARBalan Nair, Chief executive officer
- 18SEC EDGARMichael T. Fries, Chair
- 19
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- 21SEC EDGARAamir Hussain, SVP, CT&PO
- 22SEC EDGARRocio Lorenzo, CCO
- 23
- 24SEC EDGARVivek Khemka, SVP, CT&PO
- 25SEC EDGARRoberta S. Jacobson, Board member
- 26SEC EDGARAngoitia Alfonso De, Board member
- 27SEC EDGARBrendan J. Paddick, Board member
- 28SEC EDGARCharles H. R. Bracken, Board member
- 29SEC EDGAREric Zinterhofer, Board member
- 30SEC EDGARJohn C. Malone, Board member
- 31SEC EDGARMiranda Curtis, Board member
- 32SEC EDGARPaul A. Gould, Board member
- 33SEC EDGARBryan H. Hall, Board member
- 34SEC EDGARJason Waldron, Board member
- 35SEC EDGARJohn M. Winter, Board member
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