GCI Liberty Reports Q3 Revenue Decline and Announces $300 Million Rights Offering
GCI Liberty reported a 2% decline in Q3 revenue to $257 million compared to 2024, with an operating loss of $488 million due to a $525 million non-cash impairment charge. Adjusted OIBDA fell 8% to $92 million. The company generated $357 million in net cash from operating activities and $155 million in free cash flow over the past year. GCI plans a $300 million rights offering for stockholders before year-end.
Liberty Broadband Corporation announced third quarter 2025 financial results for its principal asset, GCI Liberty. GCI revenue declined 2% to $257 million compared to the same period in 2024. The company reported an operating loss of $488 million, primarily due to a $525 million non-cash impairment charge related to intangible assets and goodwill. Adjusted OIBDA decreased 8% to $92 million. GCI generated net cash provided by operating activities of $357 million and free cash flow of $155 million over the trailing twelve months ended September 30, 2025. Consumer cable modem subscribers declined 3% to 153,100, while consumer wireless lines in service increased 2% to 207,500. GCI Business revenue remained flat year-over-year, and its gross margin rose by 70 basis points to 78.2%. The company also announced plans to launch a $300 million rights offering to all stockholders before year-end. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liberty Broadband Corporation published the original content used to generate this news brief on November 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
