| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 352.96 | 7.3% |
| Total Income | 352.96 | 7.3% |
| Expenditure | 266.35 | 6.5% |
| PBT | 79.30 | 32.6% |
| Net Profit | 35.77 | 1270.5% |
| OPM | 24.54% | 0.60pp |
| NPM | 10.14% | 9.45pp |
| EPS | 6.29 | 1267.4% |
Cable One Reports Q1 2026 Results: Revenue $353.0 million
03 May 2026 · 3 May, 6:08 pm
Summary
Cable One reported a decrease in total revenues for the first quarter of 2026, with $353.0 million compared to $380.6 million in the first quarter of 2025. Residential data revenues and business data revenues also saw declines. However, net income significantly increased to $35.8 million from $2.6 million year-over-year. Adjusted EBITDA decreased to $183.3 million. The company completed a fiber-to-the-tower contract sale for $42.0 million and paid down $90.6 million of debt during the quarter.
Key Highlights
- 1
Cable One's total revenues were $353.0 million in the first quarter of 2026, compared to $380.6 million in the first quarter of 2025.
- 2
Residential data revenues amounted to $213.6 million in the first quarter of 2026, a decrease of 5.1% year-over-year.
- 3
Business data revenues for the first quarter of 2026 were $56.3 million, down by 1.8% year-over-year.
- 4
Net income increased to $35.8 million in the first quarter of 2026, compared to $2.6 million in the same period of the prior year.
- 5
Adjusted EBITDA was $183.3 million in the first quarter of 2026, versus $202.7 million in the first quarter of 2025.
- 6
Net cash provided by operating activities was $118.2 million in the first quarter of 2026, compared to $116.3 million in the first quarter of 2025.
- 7
The company completed its fiber-to-the-tower contract sale for $42.0 million in cash during the quarter.
Management Comments
Jim Holanda
What’s become clear to me early on is that Cable One has all the right building blocks in place, including a resilient business model, a high-capacity network, strong local market positions and the ability to generate meaningful cash flow. Our focus now is on sharpening execution across the business, particularly in how we go to market, retain customers and simplify our product offering, to translate these strengths into improved performance and long-term value creation.
Informational and educational content only. Not investment advice.