Earnings Releases·Nov 4, 2026, 4:43 PM ET

Liberty Latin America — Q3 2026 Earnings Summary

Q3 2026 revenue was $1,117.4 million (flat YoY) with Adjusted OIBDA rising 5% to $454.0 million, expanding margins by 160 basis points to 40.6%; YTD Adjusted OIBDA grew 3% to $1,295.1 million, while YTD Adjusted Free Cash Flow reached $10.0 million, approximately $140 million ahead of the prior year.
Consolidated leverage ratios improved to 4.8x gross and 4.5x net as of September 30, 2026, down from 5.1x and 4.6x respectively in June, supported by $444.0 million in YTD cash provided by operating activities.
Management anticipates improving revenue and Adjusted OIBDA momentum in Q4 2026 driven by the holiday season and B2B revenue phasing, with the bulk of cash flow expected in the fourth quarter.
Capital return activity included over $150 million in common equity repurchases year-to-date (nearly 10% of 2025 year-end shares) and a declared quarterly dividend of $0.5625 per share for Series A Preference Shares.
Strategic progress included 56,000 net postpaid and broadband subscriber additions in Q3, the rollout of Liberty-Starlink direct-to-cell propositions in Panama and Costa Rica, and continued pricing initiatives in Panama and Jamaica.