Income Statement

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Condensed Consolidated Statements of Operations    
Revenue $ 256 $ 266
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:    
Operating expense (exclusive of depreciation and amortization) $ 132 $ 125
Selling, general and administrative expense (including stock-based compensation) 39 30
Depreciation and amortization 52 53
Acquisition costs 3  
Cost and expenses 226 208
Operating income (loss) 30 58
Other income (expense):    
Interest expense (including amortization of deferred loan fees) (8) (10)
Other, net 4 1
Total other income (expense) (4) (9)
Earnings (loss) before income taxes 26 49
Income tax benefit (expense) (8) (14)
Net earnings (loss) $ 18 $ 35
Basic net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ 0.45 $ 1.13
Diluted net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ 0.45 $ 1.13

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