Filing Flows › Cable One (CABO) › Q1 2025
Cable One (CABO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Cable One (CABO) reported revenue of $381M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -2% from the quarter before. Operating margin was 25.1%, net earnings $2.6M (0.7% of revenue).
Cable One, Q1 2025: revenue $381M (-6% year over year), operating margin 25.1%, net earnings $2.6M, operating cash flow $116M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $381M | -2% | -6% |
| Operating profit | $95.7M | -6% | -20% |
| Net earnings | $2.6M | — | -93% |
| Operating cash flow | $116M | -31% | -29% |
| Free cash flow | $45.2M | -53% | -54% |
What changed
Revenue was $380.6M in Q1 2025, down 6% year over year and down 2% from the previous quarter. Data was the largest line at 59% of revenue. Data lost $10.7M year over year (down 5%), 45% of the total change.
Operating profit was $95.7M, a 25.1% margin (down 4.5 points year over year). Total costs grew 0% against a revenue fall of 6%. Net earnings were $2.6M, down 93% year over year. The effective tax rate was 7.2%.
Operating cash flow was $116.3M (down 29% year over year), 4462% of net earnings. Non-cash charges added back $85.5M of depreciation and amortization and $11.3M of share-based compensation. Working capital and other items added $16.9M. Capital expenditures of $71.1M left free cash flow of $45.2M.
Questions
What was Cable One's revenue in the first quarter 2025?
Cable One (CABO) reported revenue of $381M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -2% from the quarter before.
Was Cable One profitable in the first quarter 2025?
Operating profit was $95.7M (25.1% of revenue) and net earnings $2.6M.
Source: Cable One 10-Q on SEC EDGAR.