Login
Liberty Capital Corporation logo

Liberty Capital Corporation

gciliberty.com

What Do They Do?

Provides data, wireless and managed communications services to households, businesses and public institutions primarily in Alaska.

How Do They Make Money?

Customers pay monthly fees for data, wireless, voice and managed services; data, wireless access and voice-plan fees are generally billed in advance as service is provided. GCI also earns from usage charges, equipment sales when delivered, and federal and state service subsidies.

revenue
SegmentShareRevenue
Consumer Revenue, Data
23%
Consumer Revenue, Wireless
Mix

14%
Consumer Revenue, Other
Mix
2.6%
Business Revenue, Data
48%
Business Revenue, Wireless
Mix
3.1%
Business Revenue, Other
Mix
1.1%
Lease, grant, and revenue from subsidies
9.0%

Who Are Their Customers?

GCI serves households, businesses and public institutions in Alaska, as well as wholesale carrier customers for wireless access. Its representatives and retail stores sell additional services to existing customers.

Do Revenues Turn Into Profits?

Not on paper. It lost $309M in FY2025, but brought in more cash than it spent: $122M of free cash flow.

Operating income, FY2025
−33% of revenue
▼ Now a loss vs FY2024 ($140M, 14%)
Net income, FY2025
−30% of revenue
▼ Now a loss vs FY2024 ($70M, 7%)
Free cash flow, FY2025
12% of revenue
▲ +294% vs FY2024 ($31M, 3%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ 0%
vs $261M in Q2 FY2025
Net income
▼ −41%
vs $27M in Q2 FY2025
Business Revenue, Data share of revenue vs 47.5% in Q2 FY2025
  • May 7, 2026 Agreed to acquire Alaska fiber provider Quintillion GCI agreed to buy Quintillion, an Alaska fiber infrastructure provider; closing remains subject to regulatory approval and other conditions.
Revenue over time
Consumer Revenue, Data Consumer Revenue, Wireless Consumer Revenue, Other Business Revenue, Data Business Revenue, Wireless Business Revenue, Other Lease, grant, and revenue from subsidies
$2B$1B$0

Who Do They Compete With?

Competes with AT&T and Verizon

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support