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Companies / Communication Services / Liberty Broadband Corp
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Liberty Broadband Corp

Communication ServicesCommunicationsDeregistered 2026-08-31
Ticker —ENGLEWOOD, COFiscal year ends DecemberBook value per share $26.21Diluted shares 143.0M

Liberty Broadband Corporation is primarily an investment holding company whose principal asset is an equity-method investment in Charter Communications. Charter provides broadband connectivity and entertainment services under the Spectrum brand to residential customers, small businesses, mid-market and large… From the company’s description.

In fiscal 2025, Liberty Broadband Corp reported a net loss of $2.68B. Operations used $327.00M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%FY2025
$-2.68BFY2025
−407.9% year over year
Last 12 mo $-5.25B
-46.96%FY2025
−55.8 percentage points
Last 12 mo -140.05%
Cash & financing
$-327.00MFY2025
−414.4% year over year
Last 12 mo $-614.00M
$-327.00MFY2025
−128.7% year over year
Last 12 mo $-614.00M
0.34FY2025
Was 0.41× a year earlier
Last 12 mo 0.38
143.0MFY2025
No change, year over year
Last 12 mo 143.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Liberty Broadband Corp does

In the company’s own words

Liberty Broadband Corporation is primarily an investment holding company whose principal asset is an equity-method investment in Charter Communications. Charter provides broadband connectivity and entertainment services under the Spectrum brand to residential customers, small businesses, mid-market and large businesses, and government entities across 41 states. Its offerings include Internet, WiFi, mobile, video, voice, business connectivity and managed services, advertising, and community broadband solutions; it also operates local news channels and has interests in regional sports networks. Liberty Broadband was formed in 2014 through a spin-off from Liberty Media, acquired the parent of GCI in 2020, and completed the distribution of GCI Liberty in July 2025, leaving Charter as its primary business interest. At December 31, 2025, Charter’s services were available to 58 million homes and small businesses, and it had 31.8 million customer relationships. Charter has agreed to acquire Liberty Broadband in a combination expected to occur alongside Charter’s Cox transaction. Its website is www.libertybroadband.com.

Company details
Sector
Communication Services
Industry (SIC)
Communications
Headquarters
ENGLEWOOD, CO
Fiscal year end
December
CIK
1611983
SIC
4841

Financial performance, year by year

Fiscal 2014–2025 · USD
$-5.98B$-3.79B$-1.61B$577.13M$2.76B201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Liberty Broadband Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

220
funds hold it
3 of 35
superinvestors hold it
$1.00B
held by funds, at market

Superinvestors in Liberty Broadband Corp · what they did last quarter

Bill NygrenDECREASED
Harris Associates (Oakmark)
0.1%of 13F portfolio
Wallace Weitz
Weitz Investment Management
1.6%of 13F portfolio
Ruane CunniffDECREASED
Ruane, Cunniff & Goldfarb (Sequoia)
0.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Liberty Broadband Corp’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
FPA Crescent Fund
FPACX · Investment Managers Series Trust III
0.87%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
Oakmark Fund
OAKMX · HARRIS ASSOCIATES INVESTMENT TRUST
0.30%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.10%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

By share class

ClassHeld by fundsFundsShares out
LBRDASeries A common stock15.9%15618.3M
LBRDKSeries C common stock21.2%209124.9M

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Liberty Broadband Corp and its peers compare on margins and cash generation over ten years?”
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