Earnings Releases·Nov 5, 2026, 3:33 PM ET

Liberty Capital — Third Quarter 2026 Earnings Summary

Consolidated revenue increased 4% year-over-year to $267 million for the quarter, while operating income swung to a $36 million profit from a $488 million loss in the prior year period; full-year 2026 operating income reached $95 million versus a $379 million loss previously.
GCI expects to close the Quintillion acquisition shortly, with full-year 2026 net capital expenditures projected at $290 million, largely driven by hybrid fiber-coaxial network improvements in urban Alaska.
Liberty Capital declared a $0.375 quarterly dividend and authorized a $100 million inaugural share repurchase program for GCI Group common stock.
Subsequent to the quarter end, GCI raised $300 million in secured financing to retire 2028 senior notes, extended its nearest maturity to 2030, and amended its credit agreement to add a $270 million incremental Term A-3 facility.
Total debt decreased to $1,163 million as of September 30, 2026, and GCI leverage remained stable at 2.1x, while the company reported $37 million in trailing twelve-month free cash flow.