Filing Flows › Optimum Communications (OPTU) › Q1 2026
Optimum Communications (OPTU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Optimum Communications (OPTU) reported revenue of $2.1B for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before. Operating margin was -114.3%, net loss $2.2B (104.3% of revenue).
Optimum Communications, Q1 2026: revenue $2.1B (-4% year over year), operating margin -114.3%, net loss $2.2B, operating cash flow $170M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -5% | -4% |
| Operating profit | −$2.4B | -694% | -787% |
| Net earnings | −$2.2B | — | — |
| Operating cash flow | $170M | -65% | -9% |
What changed
Revenue was $2.1B in Q1 2026, down 4% year over year and down 5% from the previous quarter. Broadband was the largest line at 41% of revenue. Video lost $0.06B year over year (down 10%), 73% of the total change.
Operating costs exceeded revenue by $2.4B, an operating margin of -114.3%. Total costs grew 145% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+233%). The quarter ended with a net loss of $2.2B, wider than the previous quarter's $0.05B loss.
Operating cash flow was $0.17B (down 9% year over year). Non-cash charges added back $0.41B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $1.9B. Capital expenditures of $0.31B exceeded it, leaving free cash flow of −$0.14B.
Questions
What was Optimum Communications' revenue in the first quarter 2026?
Optimum Communications (OPTU) reported revenue of $2.1B for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before.
Was Optimum Communications profitable in the first quarter 2026?
Operating loss was $2.4B (-114.3% of revenue) and net loss $2.2B.