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Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Liberty Live Group
Liberty Live Group (LLYVK) investor relations material
Liberty Live Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary7 May, 2026
Executive summary
Completed split-off from Liberty Media in December 2025, now operating independently with ownership of Quint and a significant stake in Live Nation.
Revenue for Q1 2026 increased to $63.6 million, up from $47.1 million year-over-year, driven by growth in Formula 1 and MotoGP events.
Net loss widened to $294.1 million from $29.5 million in Q1 2025, primarily due to significant losses from equity affiliate Live Nation and unrealized losses on financial instruments.
Financial highlights
Total revenue rose by $16.6 million year-over-year, mainly from increased Formula 1 and MotoGP activity, partially offset by lower NBA-related revenue.
Cost of revenue increased by $10.1 million, reflecting higher event costs and hospitality expenses.
Adjusted OIBDA loss improved to $7.7 million from $10.3 million year-over-year.
Net loss per share was $(3.20), compared to $(0.32) in Q1 2025.
Cash and cash equivalents at quarter-end were $524.4 million.
Outlook and guidance
Management expects continued revenue growth from experiential packages, but notes potential adverse impacts from postponed Middle East events and ongoing macroeconomic uncertainty.
Inflationary pressures and elevated interest rates may increase operational costs and impact consumer demand.
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Latest events from Liberty Live Group
- 2025 revenue rose 23% to $4.48B, with operating income doubling to $577M year-over-year.LLYVK
Q4 202511 Apr 2026 - Virtual annual meeting to vote on director, auditor, executive pay, and say-on-pay frequency.LLYVKProxy filing26 Mar 2026
- Formula One Group posted robust Q3 growth, with MotoGP integration and Liberty Live split-off progressing.LLYVKQ3 202513 Nov 2025
Next Liberty Live Group earnings date
Q2 20266 Aug, 2026
Liberty Live Group
Next Liberty Live Group earnings date
Q2 20266 Aug, 2026
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