Filing Flows › Cable One (CABO) › Q3 2025
Cable One (CABO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Cable One (CABO) reported revenue of $376M for the third quarter 2025 (Q3 2025), -4% from a year earlier and -1% from the quarter before. Operating margin was 25.2%, net earnings $86.5M (23.0% of revenue).
Cable One, Q3 2025: revenue $376M (-4% year over year), operating margin 25.2%, net earnings $86.5M, operating cash flow $157M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $376M | -1% | -4% |
| Operating profit | $94.7M | — | -14% |
| Net earnings | $86.5M | — | +96% |
| Operating cash flow | $157M | +8% | -11% |
| Free cash flow | $84.8M | +11% | -15% |
What changed
Revenue was $376.0M in Q3 2025, down 4% year over year and down 1% from the previous quarter. Data was the largest line at 61% of revenue. Video lost $8.7M year over year (down 16%), 49% of the total change.
Operating profit was $94.7M, a 25.2% margin (down 2.8 points year over year). Total costs fell 1% while revenue fell 4%. The fastest-growing cost line was SG&A (+14%). Net earnings were $86.5M, up 96% year over year. The effective tax rate was 22.9%.
Operating cash flow was $156.5M (down 11% year over year), 181% of net earnings. Non-cash charges added back $83.3M of depreciation and amortization and $11.3M of share-based compensation. Working capital and other items used $24.6M. Capital expenditures of $71.8M left free cash flow of $84.8M.
Questions
What was Cable One's revenue in the third quarter 2025?
Cable One (CABO) reported revenue of $376M for the third quarter 2025 (Q3 2025), -4% from a year earlier and -1% from the quarter before.
Was Cable One profitable in the third quarter 2025?
Operating profit was $94.7M (25.2% of revenue) and net earnings $86.5M.
Source: Cable One 10-Q on SEC EDGAR.