Liberty Broadband Corporation (LBRDK) Stock

Liberty Broadband Corporation (LBRDK) is a Communication Services stock trading at $36.09 (as of 2026-08-19), with a market capitalization of $5.20B and a trailing P/E of 4.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Liberty Broadband Corporation operates communications services through the GCI Holdings and Charter segments. GCI Holdings provides wireless, data, video, voice, and managed services primarily in Alaska to residential and business customers and certain government, education, and medical entities, while Charter offers subscription video, voice, internet and Wi‑Fi, mobile internet, security, networking and fiber connectivity, and related advertising and business telephone services.

Understand Liberty Broadband Corporation: how it makes money

Liberty Broadband Corporation provides wireless, data, video, and voice services, plus managed services, to residential and business customers (with GCI focused on Alaska under the GCI brand and Charter offering subscription-based video and calling services), and it makes money primarily through recurring subscription and service revenue.

The company’s profit model is anchored in monetizing recurring communications services, where the core economic engine is the size of its paying base, as reflected by revenue generating wireless lines in service and revenue generating cable modem subscribers.

Business quality (Weak): Clear operating metric candidates exist (subscriber and line counts), and operating margin is reported (15.7%), but gross margin and a clean, mutually exclusive segment revenue breakdown are not provided here.

Bull case

Service mix supports recurring revenue: Revenue is tied to subscription-based and ongoing communications services, including cable modem data services and other voice and video offerings described for the GCI Holdings and Charter segments.
Profitability is already positive at the operating level: Operating margin is reported at 15.7% for the latest period provided.

Bear case

Subscriber or line count pressure can directly affect results: Because the key operational indicators are subscriber and line counts, declines in revenue generating cable modem subscribers and revenue generating wireless lines in service would be expected to pressure service revenue.
Segment revenue disclosure is limited in this view: A gross margin figure is not provided here, and no clean official segment revenue split is available from the inputs, which makes it harder to pinpoint which part of the business drives changes.

Valuation — source: SEC EDGAR (first-party)
Price	$36.09
Market Cap	$5.20B
P/E Ratio	4.8
EV / EBITDA	83.9
Price / Book	1.39
Price / Sales	4.94
FCF Yield	0.7%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.02B
Net Margin	85.5%
Revenue Growth (YoY)	6.1%
EPS Growth (YoY)	97.1%
FCF Growth (YoY)	-205.7%

Valuation vs Sector & Industry
Stock P/E	4.8
Sector P/E (Communication Services)	24.4
Industry P/E (Communication)	17.9
vs Sector	-80.3%
vs Industry	-73.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($541.76M)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Communication Services
Industry	Communication
CEO	Martin Edward Patterson
Employees	1,900
Country	US
IPO Date	2014-11-05

Related Companies (Business model: Telecom Carrier; 8 closest by market cap; US-domiciled)

Data as of 2026-08-19.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.