---
schema_version: "secwatch.filing_event.v1"
accession: "0001570585-26-000015"
form_type: "8-K"
ticker: "LBTYA"
cik: "0001570585"
company_name: "Liberty Global Ltd."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:03:23.781592+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Liberty Global reports Q4 net loss of $2.9B; guides 2026 revenue declines at VMO2 and VodafoneZiggo

## Summary
- Net loss from continuing ops of $2,916M in Q4 vs prior-year income of $2,334M; FY loss $7,097M.
- Total Q4 revenue $1,231M, up 9.6% reported but down 0.5% rebased; Adj. EBITDA $278.6M, up 12.4% reported, down 0.9% rebased.
- VMO2 JV 2026 guidance: service revenue decline 3-5%, Adj. EBITDA decline 3-5%; Q4 Adj. EBITDA $1,166.8M, flat rebased.
- VodafoneZiggo JV 2026 guidance: stable to low-single digit revenue decline, mid-high single digit Adj. EBITDA decline; Q4 Adj. EBITDA $495.7M.
- Telenet 2026 guidance: stable revenue, low-single digit Adj. EBITDAaL growth; Q4 Adj. EBITDA $305.4M, down 9.9% rebased.

## SEC filing metadata
- accession: 0001570585-26-000015
- form_type: 8-K
- ticker: LBTYA
- cik: 0001570585
- company_name: Liberty Global Ltd.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570585/000157058526000015/0001570585-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570585/000157058526000015/lbtya-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001570585-26-000015
- JSON: https://secwatch.observer/filing/0001570585-26-000015.json
- Plain text: https://secwatch.observer/filing/0001570585-26-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.