Income Statement

v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Condensed Consolidated Statements of Operations        
Revenue $ 257 $ 262 $ 784 $ 753
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:        
Operating expense (exclusive of depreciation and amortization) $ 131 $ 136 $ 384 $ 399
Selling, general and administrative expense (including stock-based compensation) 36 30 96 89
Depreciation and amortization 53 55 158 157
Impairment of goodwill and intangible assets (note 4) 525   525  
Cost and expenses 745 221 1,163 645
Operating income (loss) (488) 41 (379) 108
Other income (expense):        
Interest expense (including amortization of deferred loan fees) (12) (13) (34) (36)
Other, net 3 1 6 4
Total other income (expense) (9) (12) (28) (32)
Earnings (loss) before income taxes (497) 29 (407) 76
Income tax benefit (expense) 110 (8) 82 (22)
Net earnings (loss) (387) 21 (325) 54
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders $ (387) $ 21 $ (325) $ 54
Basic net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ (13.34) $ 0.72 $ (11.21) $ 1.86
Diluted net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ (13.34) $ 0.72 $ (11.21) $ 1.86

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