Flagship explainer

How Liberty Live Holdings, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$382M · 100%Cost of revenue$308M · 81%Gross profit$73.5M · 19%Operating income−$51.7M · −14%Income before tax−$100M · −26%Income tax−$13.1M · −3%Net income−$87M · −23%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$382M100%
Cost of revenue$308M81%
$73.5M19%
−$51.7M−14%
Income before tax−$100M−26%
Income tax−$13.1M−3%
−$87M−23%
Source: · event Dec 31, 2025 · retrieved Oct 22, 2026 · annual-row source set
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