Cable One Reports Third Quarter 2026 Results
Business Wire•05/11/2026•16:15 ET
0
Key Highlights
- ➤Revenue $332.2 million, down 11.7% year-over-year
- ➤Net loss $431.8 million versus $86.5 million net income
- ➤Asset impairments totaled $412.1 million after stock-price decline
- ➤Adjusted EBITDA $159.8 million, down 20.8% year-over-year
- ➤Chapter 11 possible if Cable One cannot refinance near-term debt maturities
Expert Statements
Jim Holanda, Chief Executive Officer of Cable One
“We made meaningful progress in customer trends during the third quarter, resulting in our best residential data subscriber results in seven quarters and highest connect activity in three years. We remain focused on building on this momentum, which, coupled with the strength of our network and the meaningful cash flow that continues to be generated by the business, gives us confidence in our long-term opportunity.”
Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable One”) today reported financial and operating results for the quarter ended September 30, 2026.
Three Months Ended September 30, (dollars in thousands)20262025$ Change% Change Revenues$ 332,153$ 376,012$ (43,859)(11.7)% Net income (loss)$ (431,839)$ 86,532$ (518,371)NM Net profit margin(130.0)%23.0 % Cash flows from operating activities$ 92,637$ 156,519$ (63,882)(40.8)% Adjusted EBITDA((1))$ 159,781$ 201,856$ (42,075)(20.8)% Adjusted EBITDA margin((1))48.1 %53.7 % Capital expenditures$ 77,912$ 71,765$ 6,1478.6 % Adjusted EBITDA less capital expenditures((1))$ 81,869$ 130,091$ (48,222)(37.1)%
Get started
Create a free account to read the full story.