How Liberty Media Corporation Series C Liberty Formula One makes money

Period

FY2025

How does Liberty Media Corporation Series C Liberty Formula One make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Liberty Media Corporation Series C Liberty Formula One · FY2025 · year ended 2025-12-31

Revenue$4.5BGross profit$4.5B · 100%Cost of revenue$0 · 0%Operating income$577M · 13%Operating expenses$3.9B · 87%SG&A$514M · 11%Other opex$3.4B · 76%Pre-tax income$692M · 15%Other income$115M · 3%Net income$555M · 12%Income tax$137M · 3%Motorsport$4.1B · 92%Product Service Or Other$377M · 8%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.