GCI Liberty Inc. reported third quarter 2025 results with GCI revenue down 2.0% to $257.0 million compared to the same period in 2024. The company recorded an operating loss of $488.0 million, primarily due to a $525.0 million non-cash impairment charge related to intangible assets and goodwill. Adjusted OIBDA declined 8.0% to $92.0 million. Consumer revenue decreased 4.0%, reflecting declines in the video business and data subscriber losses, partially offset by growth in wireless, while business revenue remained flat year-over-year. Consumer cable modem subscribers declined 3.0% to 153,100, and consumer wireless lines in service increased 2.0% to 207,500. GCI generated net cash provided by operating activities of $357.0 million and free cash flow of $155.0 million over the trailing twelve months ended September 30, 2025. The company announced a $300.0 million rights offering to all stockholders. On July 14, 2025, Liberty Broadband completed the spin-off of the GCI business into a new entity called GCI Liberty.