Optimum Communications, Inc. (OPTU)
NYSE · Cable & Other Pay Television Services · Transportation, communications and utilities · CIK 1702780 · fiscal year ends in Dec
Closing price $0.73 on 30 Oct 2026; 52-week range $0.60 to $2.23.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $8.4B
- Revenue growth
- -4.4%
- Net income, last twelve months
- -$4.9B
- Earnings per share
- -$10.39
- Gross margin
- 69.9%
- Operating margin
- -35.3%
- Net margin
- -58.1%
- Free cash flow
- -$208.0M
- Market value
- $205.7M
- Dividend yield
- 0.0%
- Cash
- $1.3B
- Debt
- $26.6B
- Shares outstanding
- 283.7M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $8.6B | -$112.6M | -$1.9B | -$4.00 | -$118.8M | 10-K filed 13 Feb 2026 |
| FY2024 | 31 Dec 2024 | $9.0B | $1.7B | -$102.9M | -$0.22 | $149.4M | 10-K filed 13 Feb 2025 |
| FY2023 | 31 Dec 2023 | $9.2B | $1.7B | $53.2M | $0.12 | $121.6M | 10-K filed 15 Feb 2024 |
| FY2022 | 31 Dec 2022 | $9.6B | $1.8B | $194.6M | $0.43 | $452.6M | 10-K filed 23 Feb 2023 |
| FY2021 | 31 Dec 2021 | $10.1B | $2.5B | $990.3M | $2.14 | $1.6B | 10-K filed 16 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $2.0B | -$291.8M | -$0.67 |
| Q1 FY2026 | 31 Mar 2026 | $2.1B | -$2.9B | -$6.10 |
| Q4 FY2025 | 31 Dec 2025 | $2.2B | -$71.2M | -$0.15 |
| Q3 FY2025 | 30 Sep 2025 | $2.1B | -$1.6B | -$3.47 |
| Q2 FY2025 | 30 Jun 2025 | $2.1B | -$96.3M | -$0.21 |
| Q1 FY2025 | 31 Mar 2025 | $2.2B | -$75.7M | -$0.16 |
| Q4 FY2024 | 31 Dec 2024 | $2.2B | -$54.1M | -$0.12 |
| Q3 FY2024 | 30 Sep 2024 | $2.2B | -$43.0M | -$0.09 |
Company events
The newest 8-K filings of 130 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 21 Sep 2026 | 8-K | Restatement, Results | 2.02, 4.02, 9.01 |
| 14 Aug 2026 | 8-K | Delisting notice, Investor update | 3.01, 7.01, 9.01 |
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Jul 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 12 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 1 Jun 2026 | 8-K | Material agreement, Share sale, Investor update, Other events | 1.01, 3.02, 7.01, 8.01, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 2 Apr 2026 | 8-K | Leadership change | 5.02 |
| 13 Mar 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 9 Mar 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 12 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 12 Jan 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
Every filing
The newest filings with the SEC of 248 held.
| Filed | Form | Period |
|---|---|---|
| 21 Sep 2026 | 8-K | 16 Sep 2026 |
| 14 Aug 2026 | 8-K | 13 Aug 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 6 Jul 2026 | 8-K | 6 Jul 2026 |
| 6 Jul 2026 | SC TO-I/A | – |
| 1 Jul 2026 | SC TO-I/A | – |
| 22 Jun 2026 | SC TO-I/A | – |
| 12 Jun 2026 | 8-K | 10 Jun 2026 |
| 1 Jun 2026 | SC TO-I | – |
| 1 Jun 2026 | 8-K | 29 May 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | Subin Neil S, 10% owner | Purchase | 63,624 | $0.61 | $38.9K | 21,777,316 | 26 Oct 2026 |
| 22 Oct 2026 | Subin Neil S, 10% owner | Purchase | 2,164,383 | $0.52 | $1.1M | 21,713,692 | 26 Oct 2026 |
| 25 Aug 2026 | Subin Neil S, 10% owner | Purchase | 400 | $0.85 | $340 | 19,549,309 | 28 Aug 2026 |
| 24 Aug 2026 | Subin Neil S, 10% owner | Purchase | 171,711 | $0.83 | $143.4K | 19,548,909 | 28 Aug 2026 |
| 21 Aug 2026 | Subin Neil S, 10% owner | Purchase | 535,191 | $0.85 | $452.6K | 19,377,198 | 28 Aug 2026 |
| 20 Aug 2026 | Subin Neil S, 10% owner | Purchase | 50,536 | $0.85 | $42.8K | 18,842,007 | 28 Aug 2026 |
| 19 Aug 2026 | Subin Neil S, 10% owner | Purchase | 1,291,471 | $0.84 | $1.1M | 18,791,471 | 28 Aug 2026 |
| 31 Jul 2026 | Subin Neil S, 10% owner | Purchase | 120,958 | $0.74 | $89.7K | 17,500,000 | 28 Aug 2026 |
| 30 Jul 2026 | Subin Neil S, 10% owner | Purchase | 732,279 | $0.74 | $544.1K | 17,379,042 | 28 Aug 2026 |
| 29 Jul 2026 | Subin Neil S, 10% owner | Purchase | 129,808 | $0.76 | $98.2K | 16,646,763 | 28 Aug 2026 |
| 3 Aug 2026 | Olsen Michael, General Counsel and CCRO | Sale under a trading plan | 20,000 | $0.74 | $14.8K | 868,454 | 5 Aug 2026 |
| 1 Jul 2026 | Olsen Michael, General Counsel and CCRO | Sale under a trading plan | 20,000 | $0.88 | $17.6K | 888,454 | 1 Jul 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 3 Aug 2026 | Olsen Michael, Officer | 20,000 | $14.9K | 3 Aug 2026 |
| 1 Jul 2026 | Olsen Michael, Officer | 20,000 | $17.6K | 1 Jul 2026 |
| 1 Jun 2026 | Olsen Michael, Officer | 20,000 | $22.4K | 1 Jun 2026 |
| 1 May 2026 | Olsen Michael, Officer | 20,000 | $31.8K | 1 May 2026 |
| 1 Apr 2026 | Olsen Michael, Officer | 20,000 | $25.8K | 1 Apr 2026 |
| 2 Mar 2026 | Olsen Michael, Officer | 20,000 | $28.0K | 2 Mar 2026 |
| 17 Feb 2026 | Olsen Michael, Officer | 250,000 | $400.1K | 17 Feb 2026 |
| 10 Dec 2025 | DEXTER GOEI, Director | 1,000,000 | $1.8M | 10 Dec 2025 |
| 9 Dec 2025 | DEXTER GOEI, Director | 514,182 | $901.6K | 9 Dec 2025 |
| 5 Dec 2025 | DEXTER GOEI, Director | 349,582 | $665.1K | 5 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 26 Oct 2026 | SUBIN NEIL S | 13G amended | 13.3% | 21.8M |
| 28 Aug 2026 | Neil S. Subin | 13G amended | 11.9% | 19.5M |
| 24 Aug 2026 | Kite Lake Capital Management (UK) LLP | 13G | 6.8% | 11.2M |
| 14 Aug 2026 | Empyrean Capital Partners, LP | 13G amended | 8.09% | 14.0M |
| 13 Aug 2026 | DEUTSCHE BANK AG\ | 13G amended | 6.9% | 19.5M |
| 9 Jul 2026 | Kite Lake Capital Management (UK) LLP | 13G | 3.3% | 9.5M |
| 12 Jun 2026 | SUBIN NEIL S | 13G | 5.4% | 15.9M |
| 2 Jun 2026 | Patrick Drahi | 13G amended | 99.9% | 111.6M |
| 15 May 2026 | Empyrean Capital Partners, LP | 13G amended | 5.22% | 24.6M |
| 14 May 2026 | Millennium Management LLC | 13G amended | 3.2% | 9.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 29.5M | +11.24% | 16.84 |
| 30 Sep 2026 | 26.5M | -1.83% | 11.12 |
| 15 Sep 2026 | 27.0M | -4.35% | 16.58 |
| 31 Aug 2026 | 28.3M | -5.5% | 12.2 |
| 14 Aug 2026 | 29.9M | +17.67% | 13.12 |
| 31 Jul 2026 | 25.4M | +41.71% | 5.72 |
| 15 Jul 2026 | 17.9M | -28.31% | 1.44 |
| 30 Jun 2026 | 25.0M | -34.34% | 1.43 |
Funds that hold it
From each fund's latest Form 13F.
229 funds held it at 30 Jun 2026: 117 added and 47 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 19,543,542 | $28.3M | -960,412 |
| Milfam LLC | 15,920,494 | $23.1M | +7,150,494 |
| Kite Lake Capital Management (UK) LLP | 14,100,000 | $20.4M | +11,610,665 |
| Vanguard Capital Management LLC | 12,127,418 | $17.6M | +465,489 |
| JPMorgan Chase & Co. | 8,893,189 | $13.5M | -1,529,476 |
| BW Gestao de Investimentos Ltda. | 8,395,938 | $12.2M | +6,764,181 |
| Senator Investment Group LP | 8,000,000 | $11.6M | +3,000,000 |
| Millennium Management LLC | 7,723,322 | $11.2M | -1,800,343 |
| State Street Corp. | 7,309,337 | $10.6M | +942,515 |
| Geode Capital Management, LLC | 6,906,316 | $10.0M | +730,190 |
Peers
Companies in the same industry.
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- Warner Bros. Discovery, Inc. (WBD): revenue $36.1B, market value $77.7B
- Roku, Inc. (ROKU): revenue $5.2B, market value $23.0B
- Charter Communications, Inc. (CHTR): revenue $54.4B, market value $13.5B
- Liberty Global Ltd. (LBTYA): revenue $4.9B, market value $2.7B
- Adeia Inc. (ADEA): revenue $470.9M, market value $2.4B
- Liberty Latin America Ltd. (LILA): revenue $4.5B, market value $1.7B
- Liberty Capital Corp. (GLIBA): revenue $1.0B, market value $898.1M
- AMC Global Media Inc. (AMCX): revenue $2.2B, market value $325.5M