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GCI Liberty FY26 Q1 operating income drops 48% to $30 million; revenue falls 4% to $256 million

PUBT·05/07/2026 12:31:57
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GCI Liberty FY26 Q1 operating income drops 48% to $30 million; revenue falls 4% to $256 million
  • GCI Liberty posted first-quarter 2026 revenue of $256 million, down 4%, while operating income fell 48% to $30 million.
  • Adjusted OIBDA dropped 18% to $93 million, including $13 million of items not comparable with the prior-year period.
  • Total wireless lines in service rose 2% to 207,700, while consumer cable modem subscribers declined 3% to 150,500.
  • GCI signed a definitive agreement to acquire Quintillion for $310 million in cash, with up to $50 million of capex reimbursement and potential earn-out payments in 2028, 2029 and 2031.
  • CEO Ron Duncan said the Quintillion deal is expected to be accretive to free cash flow, while GCI Liberty plans to rename the public parent company Liberty Capital Corporation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCI Liberty Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605070830BIZWIRE_USPR_____20260506_BW363641) on May 07, 2026, and is solely responsible for the information contained therein.