Optimum Communications, Inc. OPTU
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.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -0.22 | 0.12 | 0.43 | 2.16 | 0.75 | 0.21 | 0.03 | 2.15 | -1.28 |
| EPS, diluted | -4.00 | -0.22 | 0.12 | 0.43 | 2.14 | 0.75 | 0.21 | 0.03 | 2.15 | -1.28 |
| Shares, diluted (wtd. avg.) | $467.8M | $459.9M | $455.0M | $453.3M | $462.3M | $583.7M | $662.5M | $730.1M | $696.1M | $649.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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.
Others in SIC 4841
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CMCSA | COMCAST CORP | $94.41B | 4.9x | -0.0% |
| WBD | Warner Bros. Discovery, Inc. | $70.93B | 97.4x | -5.1% |
| ROKU | ROKU, INC | $23.02B | 263.7x | 15.2% |
| CHTR | CHARTER COMMUNICATIONS, INC. /MO/ | $18.26B | 4.2x | -5.5% |
| LBTYA | Liberty Global Ltd. | $3.61B | — | 12.4% |
| ADEA | Adeia Inc. | $2.92B | 26.8x | 17.9% |
| LILA | Liberty Latin America Ltd. | $1.71B | — | -0.1% |
| GLIBA | Liberty Capital Corp/NV | $1.06B | — | 3.0% |