← Optimum Communications, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.9b |
$2.5b
+28.82%
|
$9.6b
+287.54%
|
$9.8b
+2.03%
|
$9.9b
+1.37%
|
$2.6b
-73.98%
|
$9.6b
+274.68%
|
$9.2b
-4.26%
|
$9.0b
-3.06%
|
$8.6b
-4.06%
|
$8.4b
-2.45%
|
|
| Cost of Revenue | $1.5b |
$1.6b
+10.06%
|
$7.9b
+391.80%
|
$3.3b
-58.14%
|
$3.3b
+1.21%
|
$50.3m
-98.50%
|
$3.2b
+6278.74%
|
$3.0b
-5.48%
|
$2.9b
-4.40%
|
$2.6b
-8.96%
|
$2.5b
-4.34%
|
|
| Gross Profit | $459.7m |
$865.4m
+88.26%
|
$1.7b
+94.41%
|
$6.5b
+284.00%
|
$6.6b
+1.45%
|
$2.5b
-61.48%
|
$6.4b
+155.17%
|
$6.2b
-3.64%
|
$6.1b
-2.41%
|
$6.0b
-1.73%
|
$5.9b
-1.61%
|
|
| Research and Development Expense | — | — | — | — | — | — | $22.3m | $33.4m | — | — | — | |
| Amortization of Intangible Assets | $653.4m | $1.3b | $874.2m | $787.9m | $738.6m | — | $555.3m | $391.4m | $315.8m | $270.8m | — | |
| Restructuring, impairments and other operating items | — | — | — | — | — | $17.2m | $130.3m | $214.7m | $23.7m | $1.7b | — | |
| Operating expenses: | ||||||||||||
| Total operating expenses | $5.6b | $8.5b | $7.9b | $7.9b | $7.8b | $7.6b | $7.8b | $7.5b | $7.3b | $8.7b | $6.8b | |
| Operating Income (Loss) | $459.7m |
$865.4m
+88.26%
|
$1.7b
+94.41%
|
$1.8b
+8.41%
|
$2.1b
+15.98%
|
$2.5b
+19.35%
|
$1.8b
-28.60%
|
$1.7b
-5.58%
|
$1.7b
-1.28%
|
($112.6m)
-106.70%
|
$1.6b
+1496.70%
|
|
| Interest Expense | $1.5b | $1.6b | $1.6b | $1.5b | $1.4b | — | — | — | — | — | $1.9b | |
| Interest expense, net | — | — | — | — | ($1.4b) | ($1.3b) | ($1.3b) | ($1.6b) | ($1.8b) | ($1.8b) | $1.9b | |
| Gain (Loss) on Investments | $141.9m | $237.4m | ($261.8m) | $469.1m | $320.1m | — | ($659.8m) | $180.2m | $670k | $5k | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | ($59.8m) | — | — | |
| Gain (loss) on extinguishment of debt and write-off of deferred financing costs | ($127.6m) | ($600.2m) | ($48.8m) | ($243.8m) | ($250.5m) | ($51.7m) | ($575k) | $4.4m | ($12.9m) | ($23.5m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | ($1.8m) | ($1.3m) | ($1.6m) | ($623k) | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $4.3m | ($1.8m) | ($12.5m) | $1.2m | $5.6m | $9.8m | $8.5m | $4.9m | ($5.7m) | ($3.1m) | — | |
| Other income (expense), net | $4.3m | ($1.8m) | ($12.5m) | $1.2m | $5.6m | $9.8m | $8.5m | $4.9m | ($5.7m) | ($3.1m) | ($4.7b) | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | ($1.4b) | ($1.3b) | ($1.3b) | ($1.6b) | ($1.8b) | ($1.8b) | — | |
| Total other income (expense) | ($1.6b) | ($2.2b) | ($1.7b) | ($1.6b) | ($1.5b) | ($1.2b) | ($1.3b) | ($1.6b) | ($1.8b) | ($1.8b) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($1.1b) | ($1.3b) | ($18.1m) | $187.1m | $583.2m | $1.3b | $516.7m | $118.6m | ($82.3m) | ($1.9b) | ($4.9b) | |
| Current Income Tax Expense (Benefit) | $4.3m | $18.2m | $30.5m | $33.1m | $65.8m | — | $214.5m | $281.4m | $319.0m | $126.0m | ($117.1m) | |
| Income Tax Expense (Benefit) | ($259.7m) | ($2.9b) | ($38.7m) | $47.2m | $139.7m | $295.0m | $295.8m | $39.5m | ($4.1m) | ($96.9m) | ($117.1m) | |
| Net Income (Loss) Attributable to Parent | ($832.0m) |
$1.5b
+282.69%
|
$18.8m
-98.76%
|
$138.9m
+637.73%
|
$436.2m
+213.95%
|
$990.3m
+127.04%
|
$194.6m
-80.35%
|
$53.2m
-72.66%
|
($102.9m)
-293.46%
|
($1.9b)
-1716.03%
|
($4.9b)
-160.72%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $551k | $1.6m | $1.8m | $1.0m | $7.3m | — | $26.3m | $25.8m | $24.6m | $36.0m | ($4.9b) | |
| Net income attributable to noncontrolling interests | ($551k) | ($1.6m) | ($1.8m) | ($1.0m) | ($7.3m) | ($20.6m) | ($26.3m) | ($25.8m) | ($24.6m) | ($36.0m) | — | |
| Earnings Per Share, Basic | ($1.28) | $2.18 | $0.03 | $0.21 | $0.75 | $2.16 | $0.43 | $0.12 | ($0.22) | ($4.00) | ($10.56) | |
| Earnings Per Share, Diluted | ($1.28) | $2.18 | $0.03 | $0.21 | $0.75 | $2.14 | $0.43 | $0.12 | ($0.22) | ($4.00) | ($10.56) | |
| Common Stock, Dividends, Per Share, Declared | $0.69 | $1.29 | $2.04 | $0.00 | $0.00 | $2.16 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 649.5m | 696.1m | $730.1m | 660.4m | 581.1m | $458.3m | 453.2m | 454.7m | 459.9m | 467.8m | 464.1m | |
| Basic weighted average common shares (in thousands) | $649.5m | $696.1m | $730.1m | $660.4m | $581.1m | $458.3m | $453.2m | $454.7m | $459.9m | $467.8m | — | |
| Diluted weighted average common shares (in thousands) | $649.5m | $696.1m | $730.1m | $662.5m | $583.7m | $462.3m | $453.3m | $455.0m | $459.9m | $467.8m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 649.5m | 696.1m | $730.1m | 662.5m | 583.7m | $462.3m | 453.3m | 455.0m | 459.9m | 467.8m | 464.1m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $163.1m | $0 | $0 | $4.3b | |
| Business Combination, Acquisition Related Costs | $13.8m | $2.5m | $7.5m | $5.2m | $2.3m | — | $4.3m | $5.2m | — | — | — | |
| Other Cost and Expense, Operating | $1.7b | $2.3b | $2.3b | $2.3b | $2.3b | $2.4b | $2.7b | $2.6b | $2.7b | $2.7b | — | |
| Programming and other direct costs (including charges from affiliates of $6,491, $11,645 and $13,794, respectively) (See Note 16) | $1.9b | $3.0b | $3.2b | $3.3b | $3.3b | $3.4b | $3.2b | $3.0b | $2.9b | $2.6b | — | |
| Depreciation and amortization | $1.7b | $2.9b | $2.4b | $2.3b | $2.1b | $1.8b | $1.8b | $1.6b | $1.6b | $1.7b | $1.7b | |
| Gain on investments and sale of affiliate interests, net | $141.9m | $237.4m | ($250.9m) | $473.4m | $320.1m | ($88.9m) | ($659.8m) | $180.2m | $670k | $5k | — | |
| Loss on derivative contracts, net | ($53.7m) | ($236.3m) | $218.8m | ($282.7m) | ($178.3m) | $85.9m | $425.8m | ($166.5m) | $0 | $0 | — | |
| Gain on interest rate swap contracts, net | ($73.0m) | $5.5m | ($61.7m) | ($53.9m) | ($78.6m) | $92.7m | $271.8m | $32.7m | $18.6m | $613k | — | |
| Cash dividends declared per common share | $1 | $1 | $2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | $9.5m | $8.3m | $1.0m | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.