Liberty Capital Q2 2026: Net income fell 40.7% to $16.0M as operating income dropped 43%

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Operating income fell 43% YoY to $29M in Q2 2026 while revenue held flat at $261M, driven by $9M higher business direct costs (normalized after prior-year fiber-break savings) and $4M in Quintillion acquisition expenses.

  MD&A: Operating Results verify on EDGAR →
• high

  Net income declined 40.7% to $16.0M and diluted EPS fell 54.0% to $0.40, reflecting the operating income drop and higher interest expense ($30M projected vs. $25M prior).

  MD&A: Operating Income & Interest verify on EDGAR →
• high

  GCI Holdings agreed to acquire Quintillion for $310M cash plus up to $50M capex reimbursement and future earn-outs, expected to close Q4 2026; $4M in transaction costs hit Q2.

  MD&A: Quintillion Acquisition verify on EDGAR →