Income Statement

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Condensed Consolidated Statements of Operations        
Revenue $ 261 $ 261 $ 517 $ 527
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:        
Operating expense (exclusive of depreciation and amortization) $ 137 $ 128 $ 269 $ 253
Selling, general and administrative expense (including stock-based compensation) 35 30 74 60
Depreciation and amortization 56 52 108 105
Acquisition costs 4   7  
Total operating costs and expenses 232 210 458 418
Operating income (loss) 29 51 59 109
Other income (expense):        
Interest expense (including amortization of deferred loan fees) (12) (12) (20) (22)
Other, net 6 2 10 3
Total other income (expense) (6) (10) (10) (19)
Earnings (loss) before income taxes 23 41 49 90
Income tax benefit (expense) (7) (14) (15) (28)
Net earnings (loss) $ 16 $ 27 $ 34 $ 62
Basic net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ 0.4 $ 0.87 $ 0.85 $ 2
Diluted net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ 0.4 $ 0.87 $ 0.85 $ 2

Source

Looking for