Optimum Communications, Inc. balance sheet OPTU

Annual Quarterly

As of Jun 30, 2026, Optimum Communications, Inc. had total assets of $28.1 billion and total liabilities of $33.1 billion. Total assets were down 11.2% from a year earlier. Stockholders' equity was negative, at -$5.5 billion, because liabilities exceed assets. It held $1.3 billion in cash and investments against $26.9 billion of total debt, net debt of $25.6 billion. The current ratio, current assets divided by current liabilities, was 0.32.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2024 Dec 31, 2024	Q4 FY2023 Dec 31, 2023
Assets
Cash	1,296 +424.2%	1,049 +275.7%	1,012 +294.6%	939	247	279	257 -15.1%	302
Cash and investments	1,296 +424.2%	1,049 +275.7%	1,012 +294.6%	939	247	279	257 -15.1%	302
Receivables	310 +3.6%	301 +0.6%	336 +1.1%	328	300	299	332 -7.1%	358
Total current assets	1,937 +162.0%	1,674 +117.6%	1,645 +125.0%	1,522	739	769	731 -12.4%	835
Property and equipment, net	8,257 -2.4%	8,271 -1.8%	8,351 -0.8%	8,430	8,459	8,424	8,415 +3.7%	8,118
Goodwill	8,041 +0.0%	8,041 +0.0%	8,041 +0.0%	8,041	8,041	8,041	8,041 -0.0%	8,045
Total assets	28,081 -11.2%	27,872 -12.0%	30,704 -3.1%	30,730	31,619	31,685	31,701 -0.7%	31,924
Liabilities and equity
Accounts payable	783 -15.4%	799 -15.3%	817 -15.9%	776	925	943	971 +3.7%	937
Total current liabilities	6,068 +170.7%	1,971 -8.5%	2,051 -9.0%	1,978	2,242	2,155	2,255 -2.3%	2,308
Total liabilities	33,083 +2.6%	33,043 +2.6%	32,996 +2.6%	32,970	32,245	32,211	32,158 -0.6%	32,358
Stockholders' equity	-5,549 -789.1%	-5,199 -857.5%	-2,314 -393.2%	-2,242	-624	-543	-469 -11.1%	-422
Debt
Debt due within a year	4,148 +5648.0%	55 -62.2%	61 -67.2%	95	72	146	185 -48.4%	359
Long-term debt	22,403 -11.2%	26,388 +4.9%	26,145 +5.1%	26,142	25,215	25,154	24,872 +0.6%	24,716
Lease liabilities	345 +3.7%	349 -12.1%	396 -11.2%	344	333	397	446 -17.6%	541
Total debt	26,896 +5.0%	26,792 +4.3%	26,602 +4.3%	26,582	25,620	25,696	25,503 -0.4%	25,616
Net cash	-25,600 -0.9%	-25,743 -1.3%	-25,590 -1.4%	-25,643	-25,372	-25,417	-25,247 +0.3%	-25,314
Ratios
Current ratio	0.32x	0.85x	0.80x	0.77x	0.33x	0.36x	0.32x	0.36x
Debt to EBITDA	—	—	16.79x	—	—	—	7.68x	7.66x
Return on assets	-17.35%	-16.78%	-6.09%	—	—	—	-0.32%	0.17%
Book value per share	-19.56	-17.73	—	-7.86	-2.19	-1.92	—	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Cable & Other Pay Television Services (SIC 4841)
Listed as: OPTU (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Long Island City, NY
SEC filer status: Accelerated filer
SEC CIK: 1702780
Former names: Altice USA, Inc. (until Nov 6, 2025)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.