In Q1 FY2026 (ended March 31, 2026), Liberty Media reported revenue of $711 million, up 59.1% year-over-year. Net income surged to $57 million from $5 million a year ago, while operating income rose 195.5% to $64 million. Diluted EPS was $1.08, compared to $0.054 in the prior year. The company held $1.33 billion in cash and $5.02 billion in long-term debt as of quarter end.
•Revenue grew 59.1% YoY to $711 million.
•Net income increased 1,040% YoY to $57 million.
•Operating income rose 195.5% YoY to $64 million.
•Diluted EPS was $1.08, up 1,900% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 1950Englewood, ColoradoSubsidiary of Liberty Media Corporation
Formula One provides the motorsports business globally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship.
It is also involved in filming, television production and post-production, and digital and social media activities. Its portfolio also includes provision of freight, logistical, and travel related services technical support at Formula 1 events, production of the international television feed, and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. Founded in 1950, the company is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Formula One Group is the global motorsports business that holds the commercial rights to the FIA Formula One World Championship. This annual nine-month competition features teams vying for the Constructors' championship and drivers competing for the Drivers' championship. Beyond the race series, the company is involved in filming, television production and post-production, as well as digital and social media activities. It also provides freight, logistical, and travel-related services, technical support at Formula 1 events, and produces the international television feed. Additionally, it operates the Formula 1 Paddock Club hospitality program, the F2 and F3 race series, and the F1 Academy. The company is headquartered in Englewood, Colorado, and operates as a subsidiary of Liberty Media Corporation.
Where is Formula One Group (FWONK) listed and what currency does it trade in?
Formula One Group is listed on the NasdaqGS exchange under the ticker symbol FWONK. The stock trades in U.S. dollars (USD), reflecting its primary listing in the United States. The company is headquartered in Englewood, Colorado, and operates as a subsidiary of Liberty Media Corporation.
What sector and industry does Formula One Group (FWONK) belong to?
Formula One Group is classified under the Communication Services sector and the Entertainment industry. This categorization reflects its core business of producing and commercializing the Formula 1 World Championship, which is a global entertainment property. The company's activities include television production, digital media, and hospitality services, all of which align with the entertainment and media landscape.
Where is Formula One Group (FWONK) headquartered and what markets does it serve?
Formula One Group is headquartered in Englewood, Colorado, United States. As the commercial rights holder for the FIA Formula One World Championship, the company operates globally, with races held across multiple continents. Its services, including television production, logistics, and hospitality, support events worldwide. The company also runs the F2 and F3 race series and the F1 Academy, further extending its global reach in motorsports.
How does Formula One Group (FWONK) generate revenue?
Formula One Group generates revenue primarily through the commercial exploitation of the FIA Formula One World Championship. This includes race promotion fees, broadcasting rights, sponsorship deals, and hospitality programs like the Formula 1 Paddock Club. The company also earns from its involvement in television production and post-production, digital and social media activities, and providing freight, logistical, and travel-related services to teams and events. Additionally, it operates the F2 and F3 race series and the F1 Academy, which contribute to its portfolio. As a subsidiary of Liberty Media Corporation, its financial performance is consolidated within the parent company.