Optimum Communications, Inc. OPTU

Communication services SIC 4841 - Cable & Other Pay Television Services NAICS Information › Telecommunications › Wired and Wireless Telecommunications (except Satellite) › Wired and Wireless Telecommunications Carriers (except Satellite) › Wired Telecommunications Carriers derived NYSE

Optimum Communications, Inc. (together with its subsidiaries, the "Company," "Optimum Communications," "we," "us," or "our") is one of the largest broadband communications and video services providers in the United States. We deliver high-speed broadband, video, mobile, and advertising services to residential and business customers across 21 states.

In November 2025, we amended our certificate of incorporation to change our corporate name from Altice USA, Inc. ("Altice USA") to Optimum Communications, Inc. On November 19, 2025, our Class A common stock began trading on the New York Stock Exchange ("NYSE") under the new ticker symbol "OPTU" (formerly "ATUS").

We are controlled by Patrick Drahi through Next Alt. S.à.r.l. ("Next Alt"), who also controls Altice Group Lux S.à.r.l., formerly Altice Europe N.V. ("Altice Europe") and its subsidiaries and other entities.

Last close 0.66 2026-10-23
Market cap $179.8M 2026-06-30 share count
52-week range 0.48 - 2.14

Valuation FY2025 figures against the last close

P/S0.0x
P/E—
P/FCF—
EV/EBITDA16.0x
Dividend yield—
Diluted EPS-4.00

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $8.59B$8.95B$9.24B$9.65B$10.09B$9.89B$9.76B$9.57B$9.31B$6.02B
Cost of revenue $2.64B$2.90B$3.03B$3.21B$3.38B$3.34B$3.30B$3.17B$3.04B—
Gross profit $5.95B$6.06B$6.21B$6.44B$6.71B$6.55B$6.46B$6.39B$6.27B—
R&D ——$33.4M$22.3M——————
Total operating expenses $8.70B$7.27B$7.54B$7.85B$7.57B$7.78B$7.94B$7.88B$8.47B$5.55B
Operating income -$112.6M$1.68B$1.70B$1.80B$2.52B$2.12B$1.82B$1.68B$841.0M$462.8M
Interest expense ————$1.27B$1.35B$1.54B$1.56B$1.60B$1.46B
Pre-tax income -$1.93B-$82.3M$118.6M$516.7M$1.31B$583.2M$187.1M-$18.1M-$1.37B-$1.09B
Income tax $96.9M$4.1M$39.5M$295.8M$295.0M$139.7M$47.2M$38.7M$2.86B$259.7M
Net income -$1.83B-$78.3M$79.0M$220.9M$1.01B$436.2M$138.9M$18.8M$1.49B-$832.0M
EPS, basic -4.00-0.220.120.432.160.750.210.032.15-1.28
EPS, diluted -4.00-0.220.120.432.140.750.210.032.15-1.28
Shares, diluted (wtd. avg.) 467.8M459.9M455.0M453.3M462.3M583.7M662.5M730.1M696.1M649.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.01B$256.5M$302.3M$305.8M$196.0M$278.7M$702.2M$299.0M$330.1M$503.1M
Receivables $335.8M$332.3M$357.6M$366.0M$407.0M$442.6M$457.1M$448.4M$370.8M$349.6M
Total current assets $1.64B$731.0M$834.8M$2.57B$789.6M$976.6M$1.38B$903.3M$903.6M$1.70B
Property, plant and equipment $8.35B$8.41B$8.12B$7.50B$6.34B$5.81B$5.75B$5.83B$6.02B$6.60B
Goodwill $8.04B$8.04B$8.04B$8.21B$8.21B$8.16B$8.14B$8.01B$8.02B$7.99B
Other intangibles $702.5M$960.8M$1.26B$1.66B$2.20B$2.78B$3.48B$4.19B$5.07B$6.35B
Total assets $30.70B$31.70B$31.92B$33.66B$33.22B$33.38B$34.11B$33.61B$34.81B$36.47B
Accounts payable $816.9M$971.5M$937.0M$1.21B$1.02B$795.6M$799.6M$857.5M$795.1M$705.7M
Short-term debt $60.8M$185.5M$359.4M$2.08B$917.3M$1.25B$170.7M$158.6M——
Total current liabilities $2.05B$2.25B$2.31B$4.04B$2.74B$3.10B$1.98B$2.02B$2.52B$3.70B
Long-term debt $26.15B$24.87B$24.72B$24.51B$25.63B$25.48B$24.25B$22.65B——
Total liabilities $33.00B$32.16B$32.36B$34.17B$34.09B$34.55B$31.72B$29.80B$29.08B$34.38B
Retained earnings -$2.57B-$704.0M-$601.1M-$654.3M-$848.8M-$985.6M$390.8M$251.8M$840.6M-$976.0M
Total equity -$2.31B-$469.2M-$434.4M-$503.9M-$870.9M-$1.20B$2.28B$3.68B$5.50B$2.04B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.23B$1.58B$1.83B$2.37B$2.85B$2.98B$2.55B$2.51B$2.02B$1.18B
Depreciation and amortisation $1.70B$1.64B$1.64B$1.77B$1.79B$2.08B$2.26B$2.38B$2.93B$1.70B
Stock-based compensation $64.1M$67.2M$47.9M$160.0M$98.3M$125.1M$105.5M$59.8M$57.4M$14.4M
Capital expenditure $1.35B$1.43B$1.70B$1.91B$1.23B$1.07B$1.36B$1.15B$951.3M$625.5M
Investing cash flow -$1.29B-$1.46B-$1.71B-$1.92B-$1.57B-$1.22B-$1.53B-$1.15B-$1.09B-$9.60B
Financing cash flow $949.4M-$172.0M-$122.6M-$335.9M-$1.36B-$2.18B-$624.4M-$1.39B-$1.10B$131.4M
Dividends paid —————$0$0$1.50B$919.3M$365.6M
Buybacks ——$0$0$804.9M$4.82B$1.69B$500.0M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001702780-26-000023.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 6B Net income, FY2016: -832M Revenue, FY2017: 9.3B Gross profit, FY2017: 6.3B Net income, FY2017: 1.5B Revenue, FY2018: 9.6B Gross profit, FY2018: 6.4B Net income, FY2018: 18.8M Revenue, FY2019: 9.8B Gross profit, FY2019: 6.5B Net income, FY2019: 138.9M Revenue, FY2020: 9.9B Gross profit, FY2020: 6.6B Net income, FY2020: 436.2M Revenue, FY2021: 10.1B Gross profit, FY2021: 6.7B Net income, FY2021: 1B Revenue, FY2022: 9.6B Gross profit, FY2022: 6.4B Net income, FY2022: 220.9M Revenue, FY2023: 9.2B Gross profit, FY2023: 6.2B Net income, FY2023: 79M Revenue, FY2024: 9B Gross profit, FY2024: 6.1B Net income, FY2024: -78.3M Revenue, FY2025: 8.6B Gross profit, FY2025: 6B Net income, FY2025: -1.8B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $6.02B $9.31B $9.57B $9.76B $9.89B $10.09B $9.65B $9.24B $8.95B $8.59B
Gross profit — $6.27B $6.39B $6.46B $6.55B $6.71B $6.44B $6.21B $6.06B $5.95B
Net income -$832.0M $1.49B $18.8M $138.9M $436.2M $1.01B $220.9M $79.0M -$78.3M -$1.83B

Recent filings and events

  • Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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