Optimum Communications, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.59B | $8.95B | $9.24B | $9.65B | $10.09B | $9.89B | $9.76B | $9.57B |
| Cost of Revenue | $2.64B | $2.90B | $3.03B | $3.21B | $3.38B | $3.34B | $3.30B | $3.17B |
| Gross Profit | $5.95B | $6.06B | $6.21B | $6.44B | $6.71B | $6.55B | $6.46B | $6.39B |
| Gross Margin | 69.3% | 67.7% | 67.2% | 66.8% | 66.5% | 66.2% | 66.2% | 66.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $33.4M | $22.3M | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-112.6M | $1.68B | $1.70B | $1.80B | $2.52B | $2.12B | $1.82B | $1.68B |
| Operating Margin | -1.3% | 18.8% | 18.4% | 18.7% | 25.0% | 21.4% | 18.7% | 17.6% |
| Interest Expense | — | — | — | — | $1.27B | $1.35B | $1.54B | $1.56B |
| Pretax Income | $-1.93B | $-82.3M | $118.6M | $516.7M | $1.31B | $583.2M | $187.1M | $-18.1M |
| Income Tax Expense | $-96.9M | $-4.1M | $39.5M | $295.8M | $295.0M | $139.7M | $47.2M | $-38.7M |
| Net Income | $-1.87B | $-102.9M | $53.2M | $194.6M | $990.3M | $436.2M | $138.9M | $18.8M |
| Net Margin | -21.8% | -1.1% | 0.6% | 2.0% | 9.8% | 4.4% | 1.4% | 0.2% |
| EPS (Basic) | $-4.00 | $-0.22 | $0.12 | $0.43 | $2.16 | $0.75 | $0.21 | $0.03 |
| EPS (Diluted) | $-4.00 | $-0.22 | $0.12 | $0.43 | $2.14 | $0.75 | $0.21 | $0.03 |
| Shares Outstanding (Basic) | 467.8M | 459.9M | 454.7M | 453.2M | 458.3M | 581.1M | 660.4M | 730.1M |
| Shares Outstanding (Diluted) | 467.8M | 459.9M | 455.0M | 453.3M | 462.3M | 583.7M | 662.5M | 730.1M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 |