ATUS · Altice USA, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.07B | - | $2.11B | $2.15B | $2.15B | - | - | - | - | - |
| Cost of Revenue | $631.13M | - | $639.01M | $662.69M | $670.53M | - | - | - | - | - |
| Gross Profit | $1.43B | - | $1.47B | $1.48B | $1.48B | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $4.43B | - | $3.27B | $1.84B | $1.81B | - | - | - | - | - |
| D&A | $406.50M | - | $415.31M | $409.70M | $418.49M | - | - | - | - | - |
| Operating Income | ($2.36B) | - | ($1.16B) | $311.12M | $343.46M | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($45.11M) | - | ($1.40M) | ($47.65M) | ($15.96M) | - | - | - | - | - |
| Net Income | ($2.88B) | - | ($1.63B) | ($96.25M) | ($75.68M) | - | - | - | - | - |
| EPS - Basic | ($6.10) | - | ($3.47) | ($0.21) | ($0.16) | - | - | - | - | - |
| EPS - Diluted | ($6.10) | - | ($3.47) | ($0.21) | ($0.16) | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.05B | $1.01B | $938.76M | $247.29M | $279.14M | $256.53M | $250.00M | $362.11M | $284.45M | $302.06M |
| Accounts Receivable | $301.25M | $335.82M | $327.73M | $299.59M | $299.39M | $332.27M | $315.89M | $319.89M | $314.69M | $357.60M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $798.68M | $816.86M | $775.66M | $925.03M | $942.75M | $971.50M | $1.02B | $966.67M | $963.23M | $936.95M |
| Current Assets | $1.67B | $1.64B | $1.52B | $739.27M | $769.34M | $730.99M | $865.33M | $1.01B | $908.92M | $834.79M |
| Total Assets | $27.87B | $30.70B | $30.73B | $31.62B | $31.68B | $31.70B | $31.83B | $32.02B | $31.95B | $31.92B |
| Current Liabilities | $1.97B | $2.05B | $1.98B | $2.24B | $2.15B | $2.25B | $2.13B | $2.19B | $2.24B | $2.31B |
| Long-term Debt | $26.39B | $26.15B | $26.14B | $25.21B | $25.15B | $24.87B | $24.78B | $24.89B | $24.72B | $24.72B |
| Total Liabilities | $33.04B | $33.00B | $32.97B | $32.24B | $32.21B | $32.16B | $32.26B | $32.41B | $32.38B | $32.36B |
| Stockholders' Equity | ($5.20B) | ($2.31B) | ($2.24B) | ($624.12M) | ($543.00M) | ($469.24M) | ($427.11M) | ($399.09M) | ($431.16M) | ($422.18M) |
| Retained Earnings | ($5.46B) | ($2.57B) | ($2.50B) | ($875.92M) | ($779.67M) | ($703.99M) | ($649.88M) | ($606.91M) | ($622.27M) | ($601.08M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $170.28M | - | - | - | $187.48M | - | - | - | - | - |
| Investing Cash Flow | ($304.67M) | - | - | - | ($363.55M) | - | - | - | - | - |
| Financing Cash Flow | $106.03M | - | - | - | $198.73M | - | - | - | - | - |
| CapEx | $307.70M | - | - | - | $356.12M | - | - | - | - | - |
| Free Cash Flow | ($137.42M) | - | - | - | ($168.64M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 69.4% | - | 69.7% | 69.1% | 68.8% | - | - | - | - | - |
| Operating margin | -114.3% | - | -55.3% | 14.5% | 16.0% | - | - | - | - | - |
| EBITDA margin | -94.6% | - | -35.6% | 33.6% | 35.4% | - | - | - | - | - |
| Net margin | -139.6% | - | -77.1% | -4.5% | -3.5% | - | - | - | - | - |
| Free cash flow margin | -6.7% | - | - | - | -7.8% | - | - | - | - | - |
| FCF / Net income | 0.05 | - | - | - | 2.23 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -10.3% | - | -5.3% | -0.3% | -0.2% | - | - | - | - | - |
| Return on equity | 55.5% | - | 72.5% | 15.4% | 13.9% | - | - | - | - | - |
| Return on invested capital | -8.8% | - | -3.9% | 1.0% | 1.1% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.85 | 0.80 | 0.77 | 0.33 | 0.36 | 0.32 | 0.41 | 0.46 | 0.41 | 0.36 |
| Quick ratio | 0.85 | 0.80 | 0.77 | 0.33 | 0.36 | 0.32 | 0.41 | 0.46 | 0.41 | 0.36 |
| Cash ratio | 0.53 | 0.49 | 0.47 | 0.11 | 0.13 | 0.11 | 0.12 | 0.17 | 0.13 | 0.13 |
| Leverage | ||||||||||
| Debt / Equity | -5.08 | -11.30 | -11.66 | -40.40 | -46.32 | -53.01 | -58.01 | -62.38 | -57.33 | -58.54 |
| Debt / Assets | 0.95 | 0.85 | 0.85 | 0.80 | 0.79 | 0.78 | 0.78 | 0.78 | 0.77 | 0.77 |
| Debt / EBITDA | - | - | - | 34.98 | 33.01 | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -5.36 | -13.27 | -13.71 | -50.66 | -58.35 | -67.56 | -74.53 | -80.22 | -74.09 | -75.62 |
| Liabilities / Assets | 1.19 | 1.07 | 1.07 | 1.02 | 1.02 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | - | 0.07 | 0.07 | 0.07 | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 53d | - | 57d | 51d | 51d | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 462d | - | 443d | 509d | 513d | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -4.0% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -3.2% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -3711.1% | - | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | -3712.5% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 18.5% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -857.5% | -393.2% | -425.0% | -56.4% | -25.9% | -11.1% | -40.0% | -5.3% | 8.5% | 11.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$15.14B totalTotal Residential Revenue$6.55B · 43.3%
Broadband$3.54B · 23.4%
Pay TV$2.59B · 17.1%
Business Servicesand Wholesale$1.49B · 9.8%
News And Advertising$471.80M · 3.1%
Telephony$253.68M · 1.7%
Mobile$164.57M · 1.1%
Products And Services Other$78.34M · 0.5%
Peer comparison
Same SIC group: Cable & Other Pay Television Services
Comparing Altice USA against the 5 most active filers in the same SIC group.