NYSE : OPTU
Optimum Communications, Inc. — Financial statements
Communication Services · Telecom Services · United States
Last price 0.73 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 286.57M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Optimum Communications, Inc. (OPTU) reported revenue of 8.38B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 8.38B | 8.59B | 8.95B | 9.24B | 9.65B | 10.09B |
| Cost of Revenue | 2.52B | 2.64B | 2.90B | 3.03B | 3.21B | 3.38B |
| Gross Profit | 5.86B | 5.95B | 6.06B | 6.21B | 6.44B | 6.71B |
| Selling, General & Admin | 253.37M | 253.37M | 263.53M | 253.78M | 299.59M | 274.64M |
| Other Operating Expenses | 2.59B | 2.46B | 2.46B | 2.40B | 2.44B | 2.11B |
| Operating Expenses | 4.52B | 4.41B | 4.36B | 4.30B | 4.51B | 4.17B |
| Operating Income | 1.34B | 1.54B | 1.69B | 1.91B | 1.93B | 2.54B |
| Interest Expense | -1.85B | -1.79B | -1.74B | -1.61B | -1.06B | -1.17B |
| Other Non Operating Income (Expenses) | -2.10M | -3.05M | -5.67M | 4.94M | 8.54M | 9.84M |
| EBT Excluding Unusual Items | -508.70M | -254.38M | -57.20M | 309.97M | 881.57M | 1.38B |
| Merger & Restructuring Charges | -33.42M | -85.49M | -25.18M | -35.94M | -9.65M | -8.78M |
| Impairment of Goodwill | -163.06M | |||||
| Gain (Loss) on Sale of Investments | -10.96M | 5.00K | 670.00K | 13.75M | -233.98M | -2.99M |
| Gain (Loss) on Sale of Assets | 55.11M | 55.11M | ||||
| Asset Writedown | -4.32B | -1.62B | -5.56M | -10.55M | -3.82M | -6.70M |
| Legal Settlements | -3.00M | -3.00M | 59.75M | -112.50M | ||
| Other Unusual Items | -129.95M | -25.56M | -54.83M | 4.39M | -4.88M | -53.41M |
| Pretax Income | -4.95B | -1.93B | -82.35M | 118.56M | 516.73M | 1.31B |
| Income Tax Expense | -117.08M | -96.91M | -4.07M | 39.53M | 295.84M | 294.98M |
| Earnings From Continuing Operations | -4.83B | -1.83B | -78.28M | 79.04M | 220.89M | 1.01B |
| Net Income to Company | -4.83B | -1.83B | -78.28M | 79.04M | 220.89M | 1.01B |
| Minority Interest in Earnings | -40.03M | -35.98M | -24.64M | -25.84M | -26.33M | -20.62M |
| Net Income | -4.87B | -1.87B | -102.92M | 53.20M | 194.56M | 990.31M |
| Net Income to Common | -4.88B | -1.87B | -102.92M | 53.20M | 194.56M | 990.31M |
| Shares Outstanding (Basic) | 464.12M | 467.78M | 459.89M | 454.72M | 453.24M | 458.31M |
| Shares Outstanding (Diluted) | 464.12M | 467.78M | 459.89M | 455.03M | 453.28M | 462.30M |
| EPS (Basic) | -10.51 | -4.00 | -0.22 | 0.12 | 0.43 | 2.16 |
| EPS (Diluted) | -10.52 | -4.00 | -0.22 | 0.12 | 0.43 | 2.14 |
| Free Cash Flow | -207.96M | -118.84M | 149.39M | 121.59M | 452.62M | 1.62B |
| Free Cash Flow Per Share | -0.45 | -0.25 | 0.33 | 0.27 | 1.00 | 3.51 |
| Gross Margin | 69.90% | 69.30% | 67.65% | 67.20% | 66.77% | 66.48% |
| Operating Margin | 16.01% | 17.92% | 18.91% | 20.69% | 20.04% | 25.19% |
| Profit Margin | -58.23% | -21.76% | -1.15% | 0.58% | 2.02% | 9.81% |
| Free Cash Flow Margin | -2.48% | -1.38% | 1.67% | 1.32% | 4.69% | 16.08% |
| EBITDA | 3.02B | 3.24B | 3.34B | 3.56B | 3.71B | 4.33B |
| EBITDA Margin | 36.08% | 37.67% | 37.25% | 38.50% | 38.42% | 42.90% |
| D&A For EBITDA | 1.68B | 1.70B | 1.64B | 1.64B | 1.77B | 1.79B |
| EBIT | 1.34B | 1.54B | 1.69B | 1.91B | 1.93B | 2.54B |
| EBIT Margin | 16.01% | 17.92% | 18.91% | 20.69% | 20.04% | 25.19% |
| Effective Tax Rate | 33.34% | 57.25% | 22.59% | |||
| Advertising Expenses | 253.37M | 263.53M | 253.78M | 299.59M | 274.64M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.30B | 1.01B | 256.53M | 302.06M | 305.48M | 195.71M |
| Trading Asset Securities | 2.27M | 263.87M | 2.99M | |||
| Cash & Short-Term Investments | 1.30B | 1.01B | 256.53M | 302.06M | 569.36M | 198.70M |
| Receivables | 310.92M | 336.30M | 332.58M | 358.00M | 366.56M | 410.73M |
| Prepaid Expenses | 266.90M | 186.64M | 141.58M | 174.45M | 130.11M | 179.94M |
| Restricted Cash | 62.99M | 107.38M | 290.00K | 280.00K | 267.00K | 264.00K |
| Other Current Assets | 1.50B | |||||
| Total Current Assets | 1.94B | 1.64B | 730.99M | 834.79M | 2.57B | 789.63M |
| Property, Plant & Equipment | 8.48B | 8.60B | 8.66B | 8.37B | 7.75B | 6.56B |
| Long-Term Investments | 8.47M | 112.91M | 185.62M | |||
| Goodwill | 8.04B | 8.04B | 8.04B | 8.04B | 8.21B | 8.21B |
| Other Intangible Assets | 9.48B | 12.30B | 14.17B | 14.48B | 14.88B | 15.42B |
| Other Long-Term Assets | 139.77M | 120.34M | 85.94M | 82.20M | 74.06M | 2.24B |
| Total Assets | 28.08B | 30.70B | 31.70B | 31.92B | 33.66B | 33.22B |
| Accounts Payable | 782.71M | 816.86M | 971.50M | 936.95M | 1.21B | 1.02B |
| Accrued Expenses | 578.36M | 619.90M | 598.20M | 456.65M | 391.68M | 369.88M |
| Current Portion of Long-Term Debt | 4.15B | 38.08M | 107.70M | 235.77M | 1.95B | 811.55M |
| Current Portion of Leases | 63.70M | 122.86M | 171.60M | 168.40M | 147.75M | |
| Current Unearned Revenue | 183.91M | 147.14M | 74.17M | 85.02M | 80.56M | 94.94M |
| Other Current Liabilities | 375.00M | 365.33M | 380.37M | 422.13M | 239.84M | 287.96M |
| Total Current Liabilities | 6.07B | 2.05B | 2.25B | 2.31B | 4.04B | 2.74B |
| Long-Term Debt | 22.29B | 26.06B | 24.80B | 24.61B | 24.40B | 25.63B |
| Long-Term Leases | 345.03M | 331.93M | 322.71M | 369.37M | 375.18M | 346.76M |
| Long-Term Deferred Tax Liabilities | 4.04B | 4.23B | 4.46B | 4.85B | 5.08B | 5.05B |
| Other Long-Term Liabilities | 338.35M | 316.40M | 320.44M | 221.25M | 274.62M | 321.02M |
| Total Liabilities | 33.08B | 33.00B | 32.16B | 32.36B | 34.17B | 34.09B |
| Common Stock | 4.79M | 4.71M | 4.64M | 4.56M | 4.56M | 4.55M |
| Additional Paid-In Capital | 245.13M | 252.55M | 233.95M | 187.19M | 182.70M | 18.00M |
| Retained Earnings | -5.75B | -2.57B | -703.99M | -601.08M | -654.27M | -848.84M |
| Treasury Stock | -57.41M | -10.00K | -10.00K | |||
| Comprehensive Income & Other | 7.16M | 1.60M | -3.83M | -12.85M | -8.20M | 6.50M |
| Total Common Equity | -5.55B | -2.31B | -469.24M | -422.18M | -475.21M | -819.79M |
| Minority Interest | 38.66M | 21.93M | 12.40M | -12.24M | -28.70M | -51.11M |
| Shareholders' Equity | -5.00B | -2.29B | -456.83M | -434.42M | -503.91M | -870.90M |
| Total Liabilities & Equity | 28.08B | 30.70B | 31.70B | 31.92B | 33.66B | 33.22B |
| Total Debt | 26.78B | 26.50B | 25.36B | 25.39B | 26.89B | 26.94B |
| Net Cash (Debt) | -25.49B | -25.48B | -25.10B | -25.09B | -26.32B | -26.74B |
| Net Cash Per Share | -54.92 | -54.48 | -54.58 | -55.13 | -58.06 | -57.85 |
| Filing Date Shares Outstanding | 392.56M | 470.46M | 463.23M | 456.12M | 456.07M | 454.65M |
| Total Common Shares Outstanding | 392.56M | 470.43M | 463.20M | 456.00M | 456.16M | 454.65M |
| Working Capital | -4.13B | -406.23M | -1.52B | -1.47B | -1.47B | -1.95B |
| Book Value Per Share | -14.14 | -4.92 | -1.01 | -0.93 | -1.04 | -1.80 |
| Tangible Book Value | -23.07B | -22.66B | -22.68B | -22.94B | -23.56B | -24.44B |
| Tangible Book Value Per Share | -58.77 | -48.16 | -48.97 | -50.31 | -51.65 | -53.76 |
| Land | 50.64M | 50.01M | 48.80M | 48.79M | 48.79M | |
| Buildings | 602.03M | 592.42M | 574.16M | 550.88M | 506.36M | |
| Machinery | 7.16B | 6.71B | 6.39B | 6.29B | 5.90B | |
| Construction In Progress | 310.53M | 328.03M | 360.55M | 499.60M | 291.61M | |
| Leasehold Improvements | 206.61M | 198.45M | 187.61M | 185.65M | 127.56M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -4.87B | -1.87B | -102.92M | 53.20M | 194.56M | 990.31M |
| Depreciation & Amortization | 1.68B | 1.70B | 1.64B | 1.64B | 1.77B | 1.79B |
| Other Amortization | 50.75M | 26.48M | 19.63M | 34.44M | 77.36M | 91.23M |
| Asset Writedown & Restructuring Costs | 4.31B | 1.61B | 163.06M | |||
| Loss (Gain) From Sale of Investments | -44.16M | -55.12M | -670.00K | -180.24M | 659.79M | 88.90M |
| Stock-Based Compensation | 53.09M | 64.09M | 67.16M | 47.93M | 159.99M | 98.30M |
| Provision & Write-off of Bad Debts | 76.82M | 67.79M | 86.56M | 84.46M | 88.16M | 68.81M |
| Other Operating Activities | 211.74M | -114.25M | -307.44M | 18.30M | -314.73M | 75.87M |
| Change in Accounts Receivable | -106.75M | -72.32M | -58.92M | -77.70M | -45.28M | -30.38M |
| Change in Accounts Payable | -312.12M | -138.69M | 3.88M | -68.78M | 39.31M | -177.33M |
| Change in Unearned Revenue | 92.78M | 59.97M | 11.02M | 9.16M | -14.95M | -40.93M |
| Change in Other Net Operating Assets | -115.47M | -48.75M | 221.87M | 98.28M | -250.97M | -97.85M |
| Operating Cash Flow | 1.03B | 1.23B | 1.58B | 1.83B | 2.37B | 2.85B |
| Capital Expenditures | -1.24B | -1.35B | -1.43B | -1.70B | -1.91B | -1.23B |
| Sale of Property, Plant & Equipment | 75.31M | 65.51M | 6.31M | 8.00K | ||
| Cash Acquisitions | -7.62M | -38.53M | -2.06M | -340.44M | ||
| Sale (Purchase) of Intangibles | -4.40M | -4.40M | -1.36M | -924.00K | ||
| Other Investing Activities | -6.63M | 11.08M | -796.00K | -5.17M | -1.44M | |
| Investing Cash Flow | -1.17B | -1.29B | -1.46B | -1.71B | -1.92B | -1.57B |
| Long-Term Debt Issued | 3.83B | 4.21B | 2.70B | 4.28B | 4.60B | |
| Long-Term Debt Repaid | -2.66B | -4.35B | -2.84B | -4.60B | -5.14B | |
| Net Debt Issued (Repaid) | 1.29B | 1.17B | -135.83M | -137.31M | -327.51M | -546.06M |
| Repurchase of Common Stock | -804.93M | |||||
| Other Financing Activities | -321.59M | -221.79M | -36.15M | 14.71M | -8.40M | -11.54M |
| Financing Cash Flow | 1.26B | 949.36M | -171.98M | -122.59M | -335.91M | -1.36B |
| Foreign Exchange Rate Adjustments | -288.00K | 594.00K | -424.00K | -697.00K | 291.00K | -662.00K |
| Net Cash Flow | 1.12B | 884.62M | -45.51M | -3.41M | 109.78M | -82.71M |
| Free Cash Flow | -207.96M | -118.84M | 149.39M | 121.59M | 452.62M | 1.62B |
| Free Cash Flow Margin | -2.48% | -1.38% | 1.67% | 1.32% | 4.69% | 16.08% |
| Free Cash Flow Per Share | -0.45 | -0.25 | 0.33 | 0.27 | 1.00 | 3.51 |
| Levered Free Cash Flow | -168.71M | 47.91M | 444.20M | 1.65B | -615.72M | 1.66B |
| Unlevered Free Cash Flow | 935.47M | 1.14B | 1.51B | 2.62B | -30.67M | 2.31B |
| Cash Interest Paid | 1.80B | 1.78B | 1.62B | 1.58B | 1.25B | 1.18B |
| Cash Income Tax Paid | 170.87M | 159.24M | 255.35M | 200.29M | 235.96M | 263.59M |
| Change in Working Capital | -441.56M | -199.79M | 177.85M | -39.04M | -271.90M | -346.49M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 269.20M | 774.86M | 1.11B | 1.48B | 2.10B | 7.36B |
| Enterprise Value | 25.76B | 26.33B | 26.16B | 26.58B | 28.42B | 34.29B |
| Last Close Price | 0.73 | 1.65 | 2.41 | 3.25 | 4.60 | 16.18 |
| PE Ratio | 27.78 | 10.78 | 7.43 | |||
| Forward PE | 41.19 | 41.19 | 10.53 | 6.55 | 9.86 | |
| PS Ratio | 0.03 | 0.09 | 0.12 | 0.16 | 0.22 | 0.73 |
| PB Ratio | -0.34 | -2.43 | -3.40 | -4.16 | -8.45 | |
| P/FCF Ratio | 7.44 | 12.15 | 4.63 | 4.53 | ||
| P/OCF Ratio | 0.28 | 0.63 | 0.70 | 0.81 | 0.89 | 2.58 |
| PEG Ratio | 47.60 | 1.22 | 1.22 | 1.22 | 0.26 | |
| EV/Sales Ratio | 3.08 | 3.06 | 2.92 | 2.88 | 2.95 | 3.40 |
| EV/EBITDA Ratio | 8.52 | 8.14 | 7.84 | 7.48 | 7.67 | 7.92 |
| EV/EBIT Ratio | 19.22 | 17.11 | 15.46 | 13.91 | 14.70 | 13.49 |
| EV/FCF Ratio | 175.15 | 218.62 | 62.79 | 21.14 | ||
| Debt / Equity Ratio | -5.36 | -11.56 | -55.51 | -58.44 | -53.36 | -30.93 |
| Debt / EBITDA Ratio | 8.55 | 7.92 | 7.38 | 7.06 | 7.18 | 6.17 |
| Debt / FCF Ratio | 169.74 | 208.80 | 59.40 | 16.61 | ||
| Net Debt / Equity Ratio | -5.09 | -11.12 | -54.95 | -57.74 | -52.23 | -30.71 |
| Net Debt / EBITDA Ratio | 8.43 | 7.87 | 7.53 | 7.05 | 7.10 | 6.18 |
| Net Debt / FCF Ratio | -122.56 | -214.44 | 168.03 | 206.32 | 58.15 | 16.48 |
| Asset Turnover | 0.28 | 0.28 | 0.28 | 0.28 | 0.29 | 0.30 |
| Quick Ratio | 0.27 | 0.66 | 0.26 | 0.29 | 0.23 | 0.22 |
| Current Ratio | 0.32 | 0.80 | 0.32 | 0.36 | 0.64 | 0.29 |
| Return on Assets (ROA) | 2.81% | 3.08% | 3.33% | 3.64% | 3.61% | 4.77% |
| Return on Invested Capital (ROIC) | 5.60% | 5.30% | 5.73% | 4.30% | 2.75% | 6.48% |
| Return on Capital Employed (ROCE) | 6.10% | 5.40% | 5.70% | 6.50% | 6.50% | 8.30% |
| Earnings Yield | -1,533.87% | -241.21% | -9.26% | 3.60% | 9.28% | 13.46% |
| FCF Yield | -72.57% | -15.34% | 13.44% | 8.23% | 21.58% | 22.05% |
| Buyback Yield / Dilution | -0.09% | -1.72% | -1.07% | -0.39% | 1.95% | 20.80% |
| Total Shareholder Return | -0.09% | -1.72% | -1.07% | -0.39% | 1.95% | 20.80% |