LBTYA — what changed in the latest 10-Q
A section-by-section comparison of LBTYA'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 · 2026-07-24 vs the prior 10-Q · 2026-05-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +60 | −42 | ~50 | 113 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~7 | 13 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 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 · 2026-07-24
•our ability to manage risks associated with the development, deployment and use of artificial intelligence and generative artificial intelligence technologies, including risks related to data privacy, intellectual property, regulatory compliance, operational performance and potential reputational h…
Realized and unrealized losses (gains) on derivative instruments, net(18.2)406.0 (150.4)570.7
Impairment, restructuring and other operating items, net15.5 5.5 56.3 3.8
Less: elimination of intercompany consolidated revenue(472.3)(424.6)(47.7)N.M.
Telenet. The details of the changes in Telenet’s revenue during the three and six months ended June 30, 2026, as compared to the corresponding periods in 2025, are set forth below:
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•successfully integrating businesses or operations that we acquire or partner with on the timelines, or within the budgets, estimated for such integrations;
Foreign currency transaction losses (gains), net(430.2)1,081.0
Realized and unrealized losses (gains) on derivative instruments, net(132.2)164.7
Impairment, restructuring and other operating items, net40.8 (1.7)
Telenet. The details of the increase in Telenet’s revenue during the three months ended March 31, 2026, as compared to the corresponding period in 2025, are set forth below:
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