Stocks Telecommunications OPTU
NYSE · TelecommunicationsOptimum Communications, Inc. (OPTU)
Optimum Communications, Inc. brought in $8.3B of revenue over the twelve months to September 30, 2026, down 4.3% from a year earlier. It posted a net loss of $5.4B. In fiscal 2025 capital spending exceeded operating cash flow by $118.8M. At September 30, 2026 it held $1.1B in cash against $26.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Optimum Communications, Inc.
- Net worth
- Optimum Communications, Inc. has a market value (market cap) of $331.6M at the latest share price, and shareholders' equity of -$7.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $8.6B (-4.1% year on year), with a net loss of $1.4B. Over the 12 months to September 30, 2026: revenue $8.3B, net loss $5.4B.
- Cash flow
- In fiscal 2025 operations brought in $1.2B of cash; after $1.3B of capital spending, free cash flow was -$118.8M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Optimum Communications, Inc.'s next report is expected around December 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Optimum Communications, Inc. does
Optimum Communications, Inc. is registered with the SEC under industry code SIC 4841 (Cable & Other Pay Television Services). Its shares trade on NYSE under the ticker OPTU.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $8.6B | -$1.4B | -$3.07 | -$118.8M |
| 2024 | $9B | -$102.9M | -$0.22 | $149.4M |
| 2023 | $9.2B | $53.2M | $0.12 | $121.6M |
| 2022 | $9.6B | $194.6M | $0.43 | $452.6M |
| 2020 | $10.1B | $990.3M | $2.14 | $1.6B |
| 2020 | $9.9B | $436.2M | $0.75 | $1.9B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where OPTU ranks in Telecommunications
Dividends
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.00 | n/a | n/a |
| 2024 | $0.00 | n/a | n/a |
| 2023 | $0.00 | n/a | n/a |
| 2022 | $0.00 | n/a | n/a |
| 2020 | $0.00 | n/a | n/a |
| 2020 | $0.00 | $0 | 0% |
Latest SEC filings
What Optimum Communications, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 5.1% to $2B versus the same quarter last year; net loss of $2.9B.
- November 6, 2026Quarterly report (amended) 10-Q/A · period to June 30, 2026Revenue fell 5.8% to $2B versus the same quarter last year; diluted EPS -$0.67 versus -$0.21.
- November 6, 2026Quarterly report (amended) 10-Q/A · period to March 31, 2026Revenue fell 4% to $2.1B versus the same quarter last year; diluted EPS -$4.57 versus -$0.16.
- November 6, 2026Annual report (amended) 10-K/A · period to December 31, 2025Revenue fell 4.1% to $8.6B versus the prior year; diluted EPS -$3.07 versus -$0.22.
- November 3, 2026
- October 26, 2026Passive stake changed SCHEDULE 13G/A
- September 21, 2026Past results no longer reliable8-KOptimum Communications announced that its financial statements for 2025 and early 2026 should no longer be relied upon due to tax accounting errors.
- August 28, 2026Passive stake changed SCHEDULE 13G/A
- August 24, 2026Passive stake (5% or more) SCHEDULE 13G
- August 14, 2026
Insider trades
What the people running Optimum Communications, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $2.9M worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 26, 2026 | Mathew DennisChairman and CEO, Director | Shares withheld for tax | 220,043 | $145.2K |
| October 23, 2026 | Subin Neil S10% owner | Boughtindirect | 63,624 | $38.9K |
| October 22, 2026 | Subin Neil S10% owner | Boughtindirect | 2,164,383 | $1.1M |
| August 25, 2026 | Subin Neil S10% owner | Boughtindirect | 400 | $340 |
| August 24, 2026 | Subin Neil S10% owner | Boughtindirect | 171,711 | $143.4K |
| August 21, 2026 | Subin Neil S10% owner | Boughtindirect | 535,191 | $452.6K |
| August 20, 2026 | Subin Neil S10% owner | Boughtindirect | 50,536 | $42.8K |
| August 19, 2026 | Subin Neil S10% owner | Boughtindirect | 1,291,471 | $1.1M |
Who owns OPTU
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Patrick Drahi13G, passive with 1 related filers | 99.9% | June 2, 2026 |
| Subin Neil S13G, passive with 3 related filers | 13.3% | October 26, 2026 |
| Empyrean Capital Partners, LP13G, passive with 1 related filers | 8.09% | August 14, 2026 |
| Deutsche Bank AG\13G, passive with 1 related filers | 6.9% | August 13, 2026 |
| Kite Lake Capital Management (UK) LLP13G, passive with 5 related filers | 6.8% | August 24, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 193 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 19,543,542 | -960,412 |
| Milfam LLC | 15,920,494 | +7,150,494 |
| Kite Lake Capital Management (UK) LLP | 14,100,000 | +11,610,665 |
| Vanguard Capital Management LLC | 12,127,418 | +465,489 |
| Jpmorgan Chase & Co | 8,893,189 | -1,529,476 |
| BW Gestao de Investimentos Ltda. | 8,395,938 | +6,764,181 |
| Senator Investment Group LP | 8,000,000 | +3,000,000 |
| Millennium Management LLC | 7,723,322 | -1,800,343 |
| State Street Corp | 7,309,337 | +942,515 |
| Geode Capital Management, LLC | 6,906,316 | +730,190 |
| Charles Schwab Investment Management Inc | 5,478,453 | -1,182,838 |
| Balyasny Asset Management L.P. | 5,405,637 | new |
| Redwood Capital Management, LLC | 5,189,270 | -3,000,000 |
| Aqr Capital Management LLC | 5,008,479 | +3,365,785 |
| Vanguard Portfolio Management LLC | 4,776,118 | -4,650,526 |
| Empyrean Capital Partners, LP | 14,039,012 | -10,539,395 |
| Renaissance Technologies LLC | 3,976,900 | +45,300 |
| Mount Capital Ltd | 3,889,664 | 0 |
| Silver Rock Financial LP | 3,800,000 | +1,000,000 |
| Barclays PLC | 3,753,855 | +3,646,549 |
Insiders
11 insiders reported holding 31,613,384 shares in total, about $23M at the last price.
| Holder | Shares |
|---|---|
| Subin Neil S10% owner | 21,777,31621,777,316 held indirectly |
| Goei DexterDirector | 3,546,441 |
| Mathew DennisChairman and CEO, Director | 2,539,405 |
| Sirota MarcChief Financial Officer | 1,034,406 |
| Parker Michael C.President of Consumer Services | 1,011,488 |
| Olsen MichaelGeneral Counsel and CCRO | 868,454 |
| Bruzzese MariaChief Accounting Officer | 450,658 |
| Svider RaymondDirector | 139,897 |
| Schnabel Susan CDirector | 125,697 |
| Mullen MarkDirector | 105,697 |
Questions about OPTU
What does Optimum Communications, Inc. do?
Optimum Communications, Inc. is a company in the Telecommunications sector, listed on NYSE as OPTU. Its shares trade on NYSE under the ticker OPTU.
What is Optimum Communications, Inc.'s net worth?
Optimum Communications, Inc. has a market value (market cap) of $331.6M at the latest share price, and shareholders' equity of -$7.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Optimum Communications, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $5.4B on revenue of $8.3B.
How much revenue does Optimum Communications, Inc. make?
Over the twelve months to September 30, 2026 Optimum Communications, Inc. reported revenue of $8.3B. That is 4.3% less than a year earlier.
When did Optimum Communications, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Optimum Communications, Inc.'s next earnings report?
Optimum Communications, Inc.'s next report is expected around December 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare OPTU with
Follow OPTU
Get an email when Optimum Communications, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Optimum Communications, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.