GCI Liberty, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
GLIBK$27.62+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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GCI LIBERTY, INC. Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · September 30, · December 31, | ||||||
| · · 2025 · · 2024 · | ||||||
| · · amounts in millions, except share amounts | ||||||
| Assets · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $124 | 74 | | ||
| Trade and other receivables, net of allowance for credit losses of $4 and $4, respectively | | 136 | 184 | | ||
| Due from Liberty Broadband | | | 98 | | 5 | |
| Prepaid and other current assets | | 47 | 56 | | ||
| Total current assets | | 405 | 319 | | ||
| Property and equipment, net | | 1,209 | 1,150 | | ||
| Intangible assets not subject to amortization (note 4) | | | | | ||
| Goodwill | | 638 | 746 | | ||
| Cable certificates | | 149 | 550 | | ||
| Other | | 25 | 41 | | ||
| | | 812 | 1,337 | | ||
| Intangible assets subject to amortization, net (note 4) | | 380 | 411 | | ||
| Other assets, net | | 205 | 165 | | ||
| Total assets | | | 3,011 | 3,382 | | |
| | | | | | | |
| Liabilities and Equity | | | ||||
| Current liabilities: | | | ||||
| Accounts payable and accrued liabilities | | | 125 | 110 | | |
| Deferred revenue | | 23 | 21 | | ||
| Current portion of debt (note 5) | | 4 | 3 | | ||
| State income taxes payable | | | 91 | | — | |
| Other current liabilities | | 59 | 58 | | ||
| Total current liabilities | | 302 | 192 | | ||
| Long-term debt, net (note 5) | | 981 | 1,066 | | ||
| Obligations under tower obligations and finance leases | | 69 | 72 | | ||
| Long-term deferred revenue | | 130 | 113 | | ||
| Deferred income tax liabilities | | — | 359 | | ||
| Other liabilities | | 139 | 151 | | ||
| Total liabilities | | 1,621 | 1,953 | | ||
| | | | | | | |
| Redeemable noncontrolling interest in equity of subsidiary | | | 18 | | 15 | |
| | | | | | | |
| Equity | | | | | ||
| Series A GCI Group common stock, $.01 par value. Authorized 100,000,000 shares; issued and outstanding 3,650,938 and zero at September 30, 2025 and December 31, 2024, respectively | | | — | | — | |
| Series B GCI Group common stock, $.01 par value. Authorized 3,750,000 shares; issued and outstanding 400,806 and zero at September 30, 2025 and December 31, 2024, respectively | | | — | | — | |
| Series C GCI Group common stock, $.01 par value. Authorized 100,000,000 shares; issued and outstanding 24,646,095 and zero at September 30, 2025 and December 31, 2024, respectively | | | — | | — | |
| Former member's investment | | | — | | 1,777 | |
| Additional paid-in capital | | | 2,060 | | — | |
| Retained earnings (deficit) | | (688) | (363) | | ||
| Total equity | | 1,372 | 1,414 | | ||
| Commitments and contingencies (note 7) | | | | | ||
| Total liabilities and equity | | $3,011 | 3,382 | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.