v3.25.4
Basis of Presentation
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation Basis of Presentation
See the Glossary of defined terms at the beginning of this Annual Report on Form 10-K for terms used throughout the consolidated financial statements.
General
Liberty Latin America Ltd. is a registered company in Bermuda that primarily includes: (i) C&W; (ii) Liberty Communications PR; and (iii) LBT CT Communications, S.A. (a less than wholly-owned entity) and its subsidiaries, which include Liberty Telecomunicaciones. C&W owns less than 100% of certain of its consolidated subsidiaries, including C&W Bahamas, C&W Jamaica and CWP.
We are an international provider of fixed, mobile and subsea telecommunications services. We provide:
A.residential and B2B services in:
i.over 20 countries across Latin America and the Caribbean through two of our reportable segments, Liberty Caribbean and C&W Panama;
ii.Puerto Rico and USVI, through our reportable segment Liberty Puerto Rico; and
iii.Costa Rica, through our reportable segment Liberty Costa Rica.
B.through our reportable segment Liberty Networks, (i) enterprise services in certain other countries in Latin America and the Caribbean and (ii) wholesale services over our subsea and terrestrial fiber optic cable networks that connect over 30 markets in that region.
Unless otherwise indicated, ownership percentages are calculated as of December 31, 2025.
The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP.
Correction of Immaterial Errors
During the fourth quarter of 2025, we identified certain errors in our previously reported 2024 consolidated financial statements, primarily related to bad debt expense and revenue. We have completed a quantitative and qualitative evaluation of the errors and concluded that they are immaterial to the previously issued consolidated financial statements. Notwithstanding this evaluation, we have revised (i) our December 31, 2024 consolidated balance sheet, and (ii) our consolidated statement of operations, comprehensive earnings (loss), equity and cash flows for the year ended December 31, 2024 for these errors.
Year ended December 31, 2024
As previously reportedAdjustmentsAs adjusted
in millions
Revenue$4,456.9 (10.1)$4,446.8 
Operating loss$(48.3)(28.5)$(76.8)
Loss before income taxes$(631.4)(28.5)$(659.9)
Net loss attributable to Liberty Latin America$(657.0)(32.4)$(689.4)
December 31, 2024
As previously reportedAdjustmentsAs adjusted
in millions
Total current assets$2,131.5 (16.3)$2,115.2 
Total current liabilities$2,043.9 16.1 $2,060.0 
Total equity$1,626.0 (32.4)$1,593.6