| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.0K | 2.0% | 5.8% |
| Total Income | 2.0K | 2.0% | 5.8% |
| Expenditure | 1.9K | 58.0% | 1.2% |
| PBT | -320.80 | 89.0% | 136.5% |
| Net Profit | -291.76 | 89.9% | 203.1% |
| OPM | 8.21% | 6.28pp | |
| NPM | -14.42% | 9.93pp | |
| EPS | -0.67 | 89.0% | 219.1% |
Optimum Communications Reports Q2 2026 Results
06 Aug 2026 · 6 Aug, 5:08 pm
Summary
Optimum Communications reported second quarter 2026 revenue of $2.02 billion, down 5.8% year-over-year, and a net loss attributable to stockholders of $291.8 million. Despite the revenue decline and net loss, the company saw an expansion in its Adjusted EBITDA margin to 38.8%, up 140 basis points year-over-year, although Adjusted EBITDA itself decreased by 2.2% to $785.7 million. Management highlighted disciplined execution, margin expansion, sequential improvement in broadband trends, and strong mobile line growth as key achievements, while also focusing on strengthening the financial foundation.
Key Highlights
- 1
Optimum Communications reported total revenue of $2.02 billion in Q2 2026, a decrease of 5.8% year over year.
- 2
The company experienced a net loss attributable to stockholders of $291.8 million in Q2 2026, compared to a net loss of $96.3 million in Q2 2025.
- 3
Adjusted EBITDA was $785.7 million in Q2 2026, a decrease of 2.2% year over year, with the margin expanding by 140 basis points to 38.8%.
- 4
Broadband primary service units (PSUs) saw net losses of 40k in Q2 2026.
- 5
The company achieved its best second-quarter mobile line net add performance to date, with +50k net additions in Q2 2026.
- 6
Residential video ARPU grew 1.4% year over year, partially offsetting video volume declines in revenue.
- 7
Optimum added 68k total new passings in Q2 2026, contributing to 223k total new passings in the last twelve months.
Management Comments
Dennis Mathew
Our second quarter results reflect disciplined execution across every part of our business. We expanded gross margin and Adjusted EBITDA margin, drove sequential improvement in broadband trends, delivered our best second-quarter mobile line growth to date, grew convergence ARPU year over year, and continued to expand our footprint, all while reducing operating expenses and simplifying how we operate. We are sharpening our go-to-market approach, deepening customer relationships through convergence, and transforming the customer experience to support stronger broadband performance over time. At the same time, we continue to take deliberate steps to strengthen our financial foundation, which remains a top priority as we position the business for long-term success. We remain focused on executing every day, investing where we see the strongest returns, and delivering best-in-class connectivity to the communities we serve.
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