LILAK — what changed in the latest 10-Q
A section-by-section comparison of LILAK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +122 | −90 | ~48 | 110 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 7 |
| Controls & procedures | Text added/removed | +2 | −2 | ~1 | 4 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
Six months ended June 30,Increase (decrease)Increase (decrease) from:
Operating costs and expenses (exclusive of depreciation and amortization, shown separately below):
As reflected in the tables above, there were increases to our operating income for the three and six months ended June 30, 2026 as compared with the corresponding periods in 2025. For further discussion and analysis of organic changes in revenue and operating costs and expenses, see Revenue, Program…
Liberty CaribbeanC&W PanamaLiberty NetworksLiberty Puerto RicoLiberty Costa RicaCorporateIntersegment eliminationsConsolidated
Six months ended June 30,Increase (decrease)Increase (decrease) from:
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Impairment, restructuring and other operating items, net11.2 15.7 (4.5)0.1 (4.6)
As reflected in the table above, there was an increase to our operating income for the three months ended March 31, 2026 as compared with the corresponding period in 2025. For further discussion and analysis of organic changes in revenue and operating costs and expenses, see Revenue, Programming and…
The details of the changes in Liberty Caribbean’s revenue during the three months ended March 31, 2026, as compared to the corresponding period in 2025, are set forth below (in millions):
Decrease in residential mobile interconnect, inbound roaming, equipment sales and other revenue (c)(3.8)
(a)The decrease is attributable to lower average broadband internet, video and fixed-line telephony RGUs, primarily due to the impact of Hurricane Melissa.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-05
•completed the simplification and standardization of financial processes, including redesign of controls and implementation of automated preventive controls; and
•completed mandatory control training programs for control owners, which includes validation of data sources and confirmation of the reliability of information used in manual and automated controls.
Text removed vs the prior filing · source: 10-Q · 2026-05-07
•completed the implementation of an audit, risk, and compliance reporting platform. This platform will be used as a centralized repository to support the tracking and reporting of our progress on control design, testing and deficiency remediation; and
•reorganized our internal controls and internal audit functions to create synergies over the risk assessment, control design support and control testing within the company.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice