Liberty Broadband

Q2 FY2026 EarningsQ2 FY26 results significantly missed consensus on the bottom line due to a $3.0B non-cash impairment of its Charter Communications (CHTR) equity investment. Normalized Net Income of -$1,922M sharply missed the $318M consensus. Despite this, the pending merger with Charter remains on track, with an accelerated closing contemporaneously with the Cox-Charter transaction. Operational focus remains on debt restructuring and the GCI divestiture, while core asset performance is tied to Charter's broadband subscriber trends.