1st

2nd

3rd

4th

Quarter

Quarter

Quarter

Quarter

amounts in millions,

except per share amounts

2017:

Revenue

$

2,327

2,352

2,381

3,344

Operating income

$

213

254

208

368

Earnings from continuing operations

$

519

184

308

1,476

Net earnings (loss) attributable to Liberty Interactive Corporation stockholders:

Series A and Series B QVC Group common stock

$

91

111

119

887

Series A and Series B Liberty Ventures common stock

$

416

64

177

576

Basic net earnings (loss) from continuing operations attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.20

0.25

0.27

2.07

Series A and Series B Liberty Ventures common stock

$

4.89

0.75

2.06

6.70

Diluted net earnings (loss) from continuing operations attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.20

0.24

0.26

2.05

Series A and Series B Liberty Ventures common stock

$

4.84

0.74

2.03

6.70

Basic net earnings (loss) attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.20

0.25

0.27

2.07

Series A and Series B Liberty Ventures common stock

$

4.89

0.75

2.06

6.70

Diluted net earnings (loss) attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.20

0.24

0.26

2.05

Series A and Series B Liberty Ventures common stock

$

4.84

0.74

2.03

6.70

1st

2nd

3rd

4th

Quarter

Quarter

Quarter

Quarter

amounts in millions,

except per share amounts

2016:

Revenue

$

2,510

2,563

2,412

3,162

Operating income

$

189

250

157

372

Earnings from continuing operations

$

92

387

451

324

Net earnings (loss) attributable to Liberty Interactive Corporation stockholders:

Series A and Series B QVC Group common stock

$

94

130

61

188

Series A and Series B Liberty Ventures common stock

$

(26)

249

408

131

Basic net earnings (loss) from continuing operations attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.19

0.27

0.13

0.41

Series A and Series B Liberty Ventures common stock

$

(0.07)

1.73

2.68

1.15

Diluted net earnings (loss) from continuing operations attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.19

0.27

0.13

0.40

Series A and Series B Liberty Ventures common stock

$

(0.07)

1.72

2.64

1.15

Basic net earnings (loss) attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.19

0.27

0.13

0.41

Series A and Series B Liberty Ventures common stock

$

(0.18)

1.75

2.87

1.21

Diluted net earnings (loss) attributable to Liberty Interactive Corporation stockholders per common share:

Series A and Series B QVC Group common stock

$

0.19

0.27

0.13

0.40

Series A and Series B Liberty Ventures common stock

$

(0.18)

1.74

2.83

1.21