小蓝视频 Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

Information About 小蓝视频's Operating Segments - Performance Measures (Details)

v3.25.2

Information About 小蓝视频's Operating Segments - Performance Measures (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenue	$ 1,341	$ 988	$ 1,788	$ 1,575
Operating expenses:	听	听	听	听
Team payments	听	(435)	听	(598)
Team payments, excluding Concorde incentive payments	(513)	听	(627)	听
Other cost of revenue	(354)	(298)	(515)	(440)
Selling, general and administrative, excluding stock-based compensation	(110)	(91)	(213)	(172)
Adjusted OIBDA	364	164	433	365
Primary	听	听	听	听
Revenue	1,032	739	1,351	1,202
Other	听	听	听	听
Revenue	309	249	437	373
Operating Segments \| Formula 1	听	听	听	听
Revenue	1,226	871	1,629	1,424
Operating expenses:	听	听	听	听
Team payments	听	(435)	听	(598)
Team payments, excluding Concorde incentive payments	(513)	听	(627)	听
Other cost of revenue	(274)	(210)	(402)	(333)
Selling, general and administrative, excluding stock-based compensation	(78)	(66)	(154)	(125)
Adjusted OIBDA	361	160	446	368
Operating Segments \| Primary \| Formula 1	听	听	听	听
Revenue	1,032	739	1,351	1,202
Operating Segments \| Other \| Formula 1	听	听	听	听
Revenue	194	132	278	222
Corporate and Other	听	听	听	听
Revenue	145	141	198	185
Operating expenses:	听	听	听	听
Other cost of revenue	(110)	(112)	(152)	(141)
Selling, general and administrative, excluding stock-based compensation	(32)	(25)	(59)	(47)
Adjusted OIBDA	3	4	(13)	(3)
Corporate and Other \| Other	听	听	听	听
Revenue	145	141	198	185
Eliminations	听	听	听	听
Revenue	(30)	(24)	(39)	(34)
Operating expenses:	听	听	听	听
Other cost of revenue	30	24	39	34
Eliminations \| Other	听	听	听	听
Revenue	$ (30)	$ (24)	$ (39)	$ (34)

- Definition

Adjusted OIBDA is defined by the Company as revenue less operating expenses and selling, general and administrative expenses (excluding stock-based compensation). This measure of performance excludes depreciation and amortization, stock-based compensation, separately reported litigation settlements and restructurings and impairment charges that are included in the measurement of operating income pursuant to GAAP.

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The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses excluding stock-based compensation. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.

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The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.

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