Abstract

Liberty Broadband will release its quarterly results on February 11, 2026 Pre-Market; this preview consolidates the latest financial forecast and prior-quarter performance to outline expected revenue, margins, adjusted EPS, and the balance of institutional opinion for the quarter ended December 31, 2025.

Market Forecast

The current-quarter forecast from Liberty Broadband’s latest dataset points to revenue of USD 0.27 billion, an estimated year-over-year increase of 8.41%, and adjusted EPS of USD 1.23, with an estimated year-over-year decline of 15.17%. Forecast detail indicates emphasis on the core operating engine, while gross profit margin and net profit margin guidance are not disclosed. The main business focus remains GCI Holdings; highlights center on bandwidth monetization and enterprise demand, and the most promising segment is GCI Holdings with forecast revenue of USD 0.27 billion and estimated year-over-year growth of 8.41%.

Last Quarter Review

Liberty Broadband’s last reported quarter showed net profit attributable to shareholders of USD -0.15 billion with quarter-on-quarter growth of -140.21%, revenue concentrated in GCI Holdings at USD 0.26 billion, while gross profit margin, net profit margin, and adjusted EPS were mixed, including EPS of USD -1.08 and a year-over-year decline of 209.09%. One notable development was significant EPS volatility amid operational and investment line-item pressure. Main business highlights included GCI Holdings revenue of USD 0.26 billion, with the unit anchoring the company’s consolidated top line and reflecting stabilized connectivity demand.

Current Quarter Outlook

Main Business: GCI Holdings

GCI Holdings continues to anchor Liberty Broadband’s consolidated operations, with the current-quarter revenue estimate of USD 0.27 billion implying year-over-year growth of 8.41%. Near-term drivers include resilient enterprise connectivity and sustained consumer broadband usage in its core regional footprint. Pricing discipline and a focus on higher-value service bundles may support mix, though the absence of disclosed gross profit margin guidance limits margin visibility. The previous quarter’s EPS swing underscores sensitivity to non-operating items and cost timing; maintaining operating stability through network efficiency and disciplined capital allocation remains central to reducing earnings variability. Management’s delivery against service quality and churn containment will be pivotal for sustaining the forecast revenue trajectory into the next fiscal period.

Most Promising Business: Connectivity and Enterprise Solutions within GCI

The strongest growth potential within GCI appears tied to enterprise connectivity solutions, bundled data services, and incremental bandwidth monetization. The projected revenue increase to USD 0.27 billion and year-over-year growth of 8.41% suggest a constructive demand backdrop from institutional clients and government-linked projects. Upside comes from contract renewals and capacity upgrades, which can translate to modest ARPU expansion and utilization gains. Execution risk remains tied to project timing and cost pass-throughs; careful procurement and network planning should mitigate potential margin pressure. Sustained growth in higher-margin enterprise services could help cushion earnings even if consumer trends normalize seasonally, balancing the portfolio contribution.

Stock Price Drivers This Quarter

Share performance will likely respond to the trajectory of adjusted EPS versus the USD 1.23 estimate and the degree of improvement from last quarter’s USD -1.08 actual. Investors will watch for signs of stabilizing profitability after the reported net profit of USD -0.15 billion and quarter-on-quarter decline of -140.21%. Clear commentary on operating expense control and any indication of margin recovery would be meaningful for sentiment since formal guidance for gross and net margins has not been provided. Revenue realization near USD 0.27 billion, combined with evidence of demand resilience in GCI’s enterprise pipeline, may set the tone for the next quarter’s expectations. Any updates around investment income, non-operating exposures, or one-off items will also factor into valuation given the EPS volatility seen last quarter.

Analyst Opinions

The collected institutional and analyst views tilt toward a cautiously constructive stance, with the majority indicating that Liberty Broadband’s core GCI operations can meet or modestly exceed internal revenue expectations while EPS trends remain under watch. Analysts emphasize that the USD 1.23 adjusted EPS estimate implies continued earnings normalization, but they flag lingering variability from non-operating factors that affected the prior quarter’s USD -1.08 actual. The consensus view points to demand firmness within GCI’s enterprise and broadband services, aligning with the USD 0.27 billion revenue forecast and 8.41% year-over-year increase. Commentary suggests that confirmation of stable operating metrics—customer additions, churn levels, and pricing—would support a near-term re-rating, while a lack of margin clarity may constrain upside until visibility improves. Overall, the prevailing opinion expects Liberty Broadband to deliver on revenue and demonstrate incremental progress on earnings quality, with post-report guidance and segment color likely to drive the next phase of market expectations.