Revenue: As of FY2026 Q2, the actual value is USD 1.103 B.

EBIT: As of FY2026 Q2, the actual value is USD 181.2 M.

Financial Highlights (Q2 2026 vs Q2 2025)

Revenue

Total revenue was $1,103 million in Q2 2026, a 1% increase compared to $1,087 million in Q2 2025. On a rebased basis, revenue was flat year-over-year.

Segment Revenue (Q2 2026): Liberty Caribbean: $361.7 million, a -1% reported decrease and -2% rebased decrease year-over-year. Hurricane Melissa negatively impacted revenue by $6 million. C&W Panama: $176.9 million, flat year-over-year on both reported and rebased basis. Liberty Networks: $130.4 million, a 14% reported increase and 10% rebased increase year-over-year, driven by the El Salvador project and lease capacity sales. Liberty Puerto Rico: $287.5 million, a -5% decrease on both reported and rebased basis year-over-year. Liberty Costa Rica: $168.5 million, an 11% reported increase and flat rebased year-over-year.

Operating Income (Loss)

Operating income was $181 million in Q2 2026, compared to - $333 million in Q2 2025, representing a 154% increase.Operating income (loss) for the six months ended June 30, 2026, was $326 million, compared to - $205 million for the same period in 2025, a 259% increase.The improvements were primarily due to declines in impairment, restructuring, and other operating items, and increases in Adjusted OIBDA.

Adjusted OIBDA

Adjusted OIBDA was $436 million in Q2 2026, a 5% increase compared to $415 million in Q2 2025. On a rebased basis, Adjusted OIBDA grew 3%.For the six months ended June 30, 2026, Adjusted OIBDA was $841 million, a 2% increase compared to $822 million in 2025. On a rebased basis, Adjusted OIBDA grew 1%.

Adjusted OIBDA by Segment (Q2 2026): Liberty Caribbean: $164.5 million, a -5% reported decrease and -6% rebased decrease, largely due to Hurricane Melissa impacts. C&W Panama: $65.4 million, a -5% decrease, reflecting higher professional services and commercial costs. Liberty Networks: $66.7 million, a 10% reported increase and 9% rebased increase, reflecting positive impact from the El Salvador project. Liberty Puerto Rico: $92.7 million, a 7% increase, reflecting favorable year-over-year comparison on inventory charges, programming costs, and bad debt expenses. Liberty Costa Rica: $63.8 million, an 18% reported increase and 7% rebased increase, benefiting from cost-saving initiatives related to commercial costs.

Margins

Operating income (loss) margin was 16.4% in Q2 2026, compared to -30.6% in Q2 2025.Adjusted OIBDA margin was 39.5% in Q2 2026, up from 38.2% in Q2 2025.

Cash Flow

Cash provided by operating activities was $217 million in Q2 2026, up from $141 million in Q2 2025. For the six months ended June 30, 2026, it was $259 million, up from $166 million in 2025.Cash used by investing activities was - $128 million in Q2 2026, compared to - $152 million in Q2 2025. For the six months ended June 30, 2026, it was - $236 million, compared to - $247 million in 2025.Cash used by financing activities was - $35 million in Q2 2026, compared to - $36 million in Q2 2025. For the six months ended June 30, 2026, it was - $74 million, compared to - $32 million in 2025.

Free Cash Flow

Adjusted Free Cash Flow (FCF) was $58 million in Q2 2026, compared to - $41 million in Q2 2025.Adjusted FCF for the six months ended June 30, 2026, was - $6 million, compared to - $174 million in 2025.Adjusted FCF before distributions to noncontrolling interest owners was $83 million in Q2 2026, compared to - $41 million in Q2 2025. For the six months ended June 30, 2026, it was $19 million, compared to - $145 million in 2025.

Property & Equipment Additions

Property & equipment additions were $179 million in Q2 2026, a 19% increase from $150 million in Q2 2025. For the six months ended June 30, 2026, additions were $289 million, a 7% increase from $271 million in 2025.

Capital Expenditures, Net

Capital expenditures, net, were $120.8 million in Q2 2026, compared to $139.3 million in Q2 2025. For the six months ended June 30, 2026, it was $220.1 million, compared to $236.0 million in 2025.

Debt and Liquidity (as of June 30, 2026)

• Total debt and finance lease obligations were $8,534.4 million.
• Cash, cash equivalents, and restricted cash totaled $746.9 million.
• Consolidated gross leverage ratio was 5.1x, and consolidated net leverage ratio was 4.6x.
• The weighted average debt tenor was 4.0 years, and fully-swapped borrowing costs were 6.9%.
• Unused borrowing capacity was $864.3 million.

Operational Metrics (Q2 2026)

Subscribers

Total customers were 1,839,200, with organic customer additions of 7,600.Fixed RGUs totaled 3,883,500, with organic RGU additions of 35,000.Organic internet additions were 12,100.Mobile subscribers were 6,759,800, with organic mobile losses of -49,300.Organic postpaid additions were 33,100.LIBERTY LATIN AMERICA LTD. gained 45,000 postpaid and broadband net adds in Q2.

Average Revenue Per Unit (ARPU) (Q2 2026 vs Q2 2025)

Residential Fixed ARPU: Liberty Caribbean: $51.49, a 1% increase. C&W Panama: $35.08, a -6% decrease. Liberty Puerto Rico: $78.96, no change. Liberty Costa Rica: $38.80, a -1% decrease.

Residential Mobile ARPU: Liberty Caribbean: $17.10, a 9% increase. C&W Panama: $11.79, a -3% decrease. Liberty Puerto Rico: $35.86, a -2% decrease. Liberty Costa Rica: $12.87, a 13% increase.

Outlook / Guidance

LIBERTY LATIN AMERICA LTD. expects to continue accelerated share repurchases, with over $60 million to date in 2026, and remains opportunistic for further purchases.The company announced a 10-year strategic agreement with Amdocs, expected to deliver over $250 million in Net Present Value (NPV), to accelerate cost initiatives, drive Adjusted OIBDA margin expansion, and improve capital efficiency.Cost saving initiatives are also anticipated to support trends in Liberty Costa Rica in the coming periods, strengthening financial performance and providing greater predictability in cost.