Altice USA, Inc. Earnings Recaps
Q3 2025
Nov 6, 2025
Altice USA's Q3 2025 results show moderation in adjusted EBITDA decline and a high gross margin, despite competitive pressures contributing to a broadband subscriber loss.
Key takeaways
- Adjusted EBITDA declined 3.6% year-over-year but increased 3.3% quarter-over-quarter; EBITDA margin expanded to 39.4%.
- Gross margin reached an all-time high of 69.7%, reflecting improved operational efficiency and a strategic shift away from video services.
- Revenue fell 5.4% year-over-year due primarily to video pressures; however, mobile service revenue grew 38% and Lightpath revenue increased nearly 6%.
- A noncash impairment charge of $1.6 billion was recorded for indefinite live cable franchise rights, reflecting changing market conditions since acquisitions.
- Altice USA lost 58,000 broadband subscribers amid heightened competition, emphasizing a strategic focus on profitability and disciplined subscriber acquisition.
Q2 2025
Aug 8, 2025
Altice USA's Q2 2025 performance reflects continued progress in subscriber retention and operational efficiencies, achieving notable improvements in broadband trends and video margins, while launching innovative financing solutions.
Key takeaways
- Reduced broadband subscriber net losses to 35,000, a 31% year-over-year improvement, driven by effective churn reduction and localized offers.
- Video subscriber losses improved to 58,000, marking the best performance in ten quarters, alongside expanded video margins.
- Launched a $1 billion asset-backed loan, enhancing capital structure and reducing financing costs, signaling market confidence in cash flow stability.
- Optimum Fiber recognized for fastest and most reliable internet speeds, contributing to a 1.5% year-over-year footprint expansion.
- Engaged AI initiatives are streamlining operations and enhancing customer experience while optimizing network performance.