Optimum Communications, Inc. income statement OPTU

Annual Quarterly

In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, Optimum Communications, Inc. reported revenue of $2.0 billion, down 5.8% from the same quarter a year earlier. It recorded a net loss of $291.8 million. Operating income came to $166.0 million, an operating margin of 8.2%. Diluted earnings per share were -$0.67.

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

Line	TTM Jun 30, 2026	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 FY2020 Dec 31, 2020	Q4 FY2019 Dec 31, 2019
Revenue	8,380	2,024 -5.8%	2,065 -4.0%	2,183	2,108	2,147	2,152	2,535 +2.5%	2,475 +0.8%
Cost of revenue	2,523	588 -11.3%	631 -5.9%	665	639	663	671	—	848
Gross profit	5,857	1,436 -3.3%	1,434 -3.2%	1,518	1,469	1,485	1,482	—	1,627
Restructuring and impairment	—	207 +209.7%	2,728 +12515.1%	—	1,568	67	22	—	1
Operating income	-2,961	166 -46.6%	-2,360 -787.2%	398	-1,165	311	343	609 +42.5%	427 -19.2%
Other non-operating income (expense)	-2	-0 +62.2%	-1 +45.1%	-1	-1	-1	-1	—	1 +10254.5%
Other income (expense)	-1,989	-487 -9.0%	-562 -30.5%	-481	-459	-447	-431	—	-435 -13.6%
Pretax income	-4,950	-321 -136.5%	-2,922 -3249.7%	-84	-1,623	-136	-87	—	-8 -105.4%
Income tax	-117	-39 +18.8%	-45 -182.6%	-32	-1	-48	-16	—	-9 +86.5%
Net income	-4,873	-292 -203.1%	-2,884 -3711.1%	-71	-1,626	-96	-76	330 +100347.4%	0 -99.8%
Basic EPS	-10.50	-0.67 -219.0%	-6.10 -3712.5%	-0.15	-3.47	-0.21	-0.16	0.61 +117657.9%	0.00
Diluted EPS	-10.50	-0.67 -219.0%	-6.10 -3712.5%	-0.15	-3.47	-0.21	-0.16	0.60 +116784.6%	0.00
Weighted average shares, basic	464	446 -4.7%	472 +1.6%	470	469	468	465	—	635
Weighted average shares, diluted	464	446 -4.7%	472 +1.6%	470	469	468	465	—	641
Other measures
Depreciation and amortization	1,682	407 -0.6%	406 -2.9%	453	415	410	418	—	567 +2.2%
EBITDA	-1,279	573 -20.5%	-1,954 -356.4%	851	-749	721	762	—	995 -8.2%
Interest coverage	—	—	—	—	—	—	—	—	1.13x
Margins
Gross margin	69.90%	70.96%	69.44%	69.54%	69.69%	69.14%	68.85%	—	65.75%
Operating margin	-35.34%	8.21%	-114.27%	18.22%	-55.25%	14.49%	15.96%	24.01%	17.27%
Pretax margin	-59.07%	-15.85%	-141.48%	-3.84%	-77.01%	-6.32%	-4.05%	—	-0.32%
Profit margin	-58.15%	-14.42%	-139.64%	-3.26%	-77.13%	-4.48%	-3.52%	13.03%	0.01%
EBITDA margin	-15.26%	28.32%	-94.59%	38.99%	-35.55%	33.57%	35.40%	—	40.20%

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 per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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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.