---
schema_version: "secwatch.filing_event.v1"
accession: "0002057463-26-000004"
form_type: "8-K"
ticker: "GLIBA"
cik: "0002057463"
company_name: "GCI Liberty, Inc."
filed_at: "2026-02-11T23:59:59+00:00"
generated_at: "2026-05-16T03:24:59.849029+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GCI Liberty reports FY2025 revenue up 3% to $1.046B, Adj OIBDA up 12% to $403M; completes $300M rights offering

## Summary
- Full-year 2025 revenue $1.046B (+3% YoY); operating loss $347M due to $525M non-cash impairment; Adj OIBDA record $403M (+12%).
- Q4 2025 revenue $262M (flat YoY); operating income $32M (flat); Adj OIBDA $90M (+7%).
- Consumer revenue fell 2% to $474M; cable modem subscribers down 3% to 151,200. Business revenue up 7% to $572M.
- Dec 2025 rights offering completed: ~$300M proceeds, 11.06M Series C shares issued. Cash & equivalents $429M at year-end.
- FY2025 capex $224M net; free cash flow $146M. GCI leverage 2.3x; consolidated net leverage 1.6x after rights offering.

## SEC filing metadata
- accession: 0002057463-26-000004
- form_type: 8-K
- ticker: GLIBA
- cik: 0002057463
- company_name: GCI Liberty, Inc.
- filed_at: 2026-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2057463/000205746326000004/0002057463-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2057463/000205746326000004/tmb-20260211x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002057463-26-000004
- JSON: https://secwatch.observer/filing/0002057463-26-000004.json
- Plain text: https://secwatch.observer/filing/0002057463-26-000004.txt

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