Earnings summaries and quarterly performance for Cable One.
Executive leadership at Cable One.
Board of directors at Cable One.
Research analysts who have asked questions during Cable One earnings calls.
SP
Sebastiano Petti
JPMorgan Chase & Co.
6 questions for CABO
Also covers: AD, ATUS, BCE +16 more
Brandon Nispel
KeyBanc Capital Markets
5 questions for CABO
Also covers: AMT, CCI, CCOI +5 more
Craig Moffett
MoffettNathanson
4 questions for CABO
Also covers: ATUS, CHTR, CMCSA +4 more
FL
Frank Louthan
Raymond James
4 questions for CABO
Also covers: AKAM, ATUS, CCOI +15 more
GW
Gregory Williams
TD Cowen
4 questions for CABO
Also covers: CCOI, FYBR, LUMN +3 more
Steven Cahall
Wells Fargo & Company
4 questions for CABO
Also covers: AMCX, ATUS, CHTR +19 more
Samuel McHugh
BNP Paribas
3 questions for CABO
Also covers: ATUS, FYBR, LUMN +4 more
SM
Sam McHugh
BNP Paribas S.A.
2 questions for CABO
Also covers: LUMN, TMUS
Recent press releases and 8-K filings for CABO.
Cable One Reports Q4 2025 Financials, Details MBI Acquisition, and Introduces New CEO
CABO
Earnings
M&A
CEO Change
- Cable One reported a 6.1% year-over-year decrease in Q4 2025 total revenues to $363.7 million and an 8.1% decrease in Adjusted EBITDA to $193.9 million. For the full year 2025, total revenues were $1.5 billion, with Adjusted EBITDA at $801.7 million.
- Residential data customers declined by approximately 10,700 in Q4 2025, though net subscriber results improved sequentially due to increased gross connects and significantly improved disconnects compared to Q3 2025.
- The company paid down $403.4 million of debt in 2025, ending the year with approximately $3.2 billion in total debt and a net leverage ratio of 3.9 times.
- Cable One expects to close the acquisition of the remaining 55% of MBI in October 2026 for an estimated $480 million, which is anticipated to result in a pro forma combined leverage slightly above 4 times.
- Jamesl Holanda was introduced as the new CEO, having joined the company 10 days prior to the earnings call.
1 day ago
Cable One Reports Q4 and Full Year 2025 Results, Details M&A and Strategic Initiatives
CABO
Earnings
M&A
Product Launch
- Cable One reported Q4 2025 total revenues of $363.7 million, a 6.1% year-over-year decrease, and Adjusted EBITDA of $193.9 million, an 8.1% decrease. For the full year 2025, total revenues were $1.5 billion and Adjusted EBITDA was $801.7 million, both lower than 2024.
- Residential broadband customers declined by approximately 10,700 in Q4 2025, though net subscriber results improved sequentially, and disconnects significantly improved compared to Q3.
- A mobile pilot was launched in Q4 2025, with a broader launch anticipated in late Q1. The company exercised a put option to acquire the remaining 55% of MBI for an estimated $480 million, expected to close in October. Cable One is also rolling over its equity investment in Point Broadband and Clearwave Fiber, which are combining, with that transaction expected to close in Q2.
- Cable One paid down $403.4 million of debt in 2025, ending the year with approximately $3.2 billion in total debt and a net leverage ratio of 3.9 times.
- James Holanda recently joined as CEO, focusing on deepening customer relationships, expanding converged offerings, and improving sales and service models.
1 day ago
Cable One Reports Q4 and Full Year 2025 Results, Details MBI Acquisition and Mobile Launch
CABO
Earnings
M&A
Product Launch
- Cable One reported total revenues of $363.7 million for Q4 2025, a 6.1% decrease year-over-year, and $1.5 billion for the full year 2025. Adjusted EBITDA for Q4 2025 was $193.9 million, an 8.1% decrease year-over-year, with a full-year Adjusted EBITDA of $801.7 million.
- Residential data customers declined by approximately 10,700 in Q4 2025, although net subscriber results showed sequential improvement compared to earlier in the year. Full-year 2025 residential data revenues decreased 2.6% due to a 5.8% decline in subscribers, partially offset by a 0.6% increase in ARPU.
- The company exercised the put option for MBI and expects to acquire the remaining 55% in October, with an estimated purchase price of approximately $480 million and MBI's net indebtedness between $845 million and $895 million. This transaction is projected to result in a pro forma combined leverage slightly above 4 times.
- Cable One launched a mobile pilot in six markets during Q4 2025, with a broader launch across its footprint anticipated in late Q1.
- Capital expenditures for Q4 2025 were $74 million, a 2.9% increase from the prior year quarter, and are expected to remain substantially consistent with 2025 levels in 2026. The company paid down $403.4 million of debt during 2025, ending the year with a net leverage ratio of 3.9 times.
1 day ago
Cable One Reports Fourth Quarter and Full Year 2025 Results
CABO
Earnings
Demand Weakening
- Cable One reported a net loss of $356.5 million for the full year 2025, primarily due to non-cash asset impairment charges totaling $456.2 million, net of tax, compared to a net income of $14.5 million in 2024.
- Total revenues for the full year 2025 decreased 4.9% to $1.50 billion, and for the fourth quarter of 2025, revenues decreased 6.1% to $363.7 million compared to the respective prior year periods.
- Adjusted EBITDA for the full year 2025 was $801.7 million, a 6.1% decrease from 2024, and for the fourth quarter of 2025, it was $193.9 million, an 8.1% decrease from Q4 2024.
- The company reduced its debt balance to $3.21 billion at December 31, 2025, from $3.62 billion at December 31, 2024, by paying down an aggregate of $403.4 million principal amount of debt during 2025.
- Total customers decreased by 5.5% to 1,029.4 thousand as of December 31, 2025, with residential customers decreasing by 6.2%.
1 day ago
Cable One Reports Q4 and Full Year 2025 Results
CABO
Earnings
Demand Weakening
- Q4 2025 revenues decreased by 6.1% to $363.7 million, and full-year 2025 revenues decreased by 4.9% to $1.50 billion compared to the prior year.
- Cable One reported a net loss of $7.6 million in Q4 2025, a significant improvement from a net loss of $105.2 million in Q4 2024 due to a prior year impairment. However, the full-year 2025 net loss was $356.5 million, compared to a net income of $14.5 million in 2024, primarily due to $456.2 million in non-cash asset impairment charges recognized in 2025.
- Adjusted EBITDA decreased by 8.1% to $193.9 million in Q4 2025 and by 6.1% to $801.7 million for the full year 2025.
- The company ended 2025 with a debt balance of $3.21 billion, down from $3.62 billion in 2024, and its $1.25 billion Revolver was undrawn, providing significant committed debt financing.
- Management noted improved residential data connect activity and disconnect trends in Q4 2025 compared to earlier in the year, and plans to focus on defending the customer base and profitable growth in 2026.
1 day ago
Cable One to Acquire Remaining Stake in Mega Broadband
CABO
M&A
Debt Issuance
New Projects/Investments
- Cable One plans to acquire the remaining 55% of Mega Broadband Investments Holdings (MBI), which operates as Vyve Broadband, for approximately $475 million to $495 million.
- MBI generated about $310 million in revenue in the 12 months to September 30, 2025, and the deal is expected to close around October 1, 2026.
- Cable One intends to fund the purchase with a mix of cash and new borrowings, with MBI projected to carry $845 million to $895 million of term-loan debt at closing.
- The acquisition is expected to expand Cable One's geographical footprint and enhance long-term growth prospects.
Jan 5, 2026, 11:03 PM
Cable One to Acquire Full Ownership of Mega Broadband
CABO
M&A
New Projects/Investments
Debt Issuance
- Cable One, Inc. (CABO) announced it has entered into a definitive agreement to acquire the remaining 55% equity interests in Mega Broadband Investments Holdings LLC (MBI) that it does not already own, following the exercise of a put option by GTCR Investors on January 2, 2026.
- The expected purchase price for this acquisition is between $475 million and $495 million, with MBI's total net indebtedness projected to be $845 million to $895 million at closing.
- The transaction is anticipated to close on October 1, 2026, and Cable One intends to finance the purchase price with a combination of cash resources and indebtedness.
- MBI reported approximately $310 million in total revenues for the 12 months ended September 30, 2025, and served about 210,000 residential and business data customers as of that date.
Jan 5, 2026, 9:52 PM
Cable One to Acquire Full Ownership of Mega Broadband
CABO
M&A
Debt Issuance
New Projects/Investments
- Cable One will acquire the remaining 55% equity interest in Mega Broadband Investments (MBI) that it does not already own, following the exercise of a put option by GTCR Investors on January 2, 2026.
- The purchase price for the 55% stake is expected to range between $475 million and $495 million, which Cable One intends to finance with a combination of cash resources and indebtedness.
- MBI generated approximately $310 million in total revenues for the 12 months ended September 30, 2025, and served approximately 210,000 residential and business data customers as of that date.
- The transaction is anticipated to close on October 1, 2026, at which point MBI's total net indebtedness is expected to be between $845 million and $895 million.
Jan 5, 2026, 9:30 PM
Cable One Reports Mixed Q3 2025 Financials with Revenue Decline and Increased Net Income
CABO
Earnings
Demand Weakening
New Projects/Investments
- Cable One reported a 4.5% decline in Q3 2025 revenue to $376 million, attributed to subscriber losses in residential video and data services.
- Net income nearly doubled to $86.5 million, largely due to $67.4 million in gains from equity investment sales and debt extinguishments, rather than core business improvements.
- Adjusted EBITDA decreased 5.5% to $201.9 million.
- The company is investing in infrastructure and launching a pilot mobile service in Q4 2025, while also strengthening its financial position by reducing capital expenditures by 6.8% and paying down debt.
Nov 7, 2025, 12:20 PM
CABO Reports Q3 2025 Financial Results with Revenue Decline and Subscriber Losses, Announces Debt Reduction and Mobile Launch
CABO
Earnings
Product Launch
Management Change
- Cable One reported total revenues of $376 million and Adjusted EBITDA of $201.9 million for Q3 2025. Residential data customers declined by 21,600, resulting in a 1.2% year-over-year decrease in residential data revenues, though ARPU increased by 3.2%.
- The company experienced higher churn in Q3 2025 due to macroeconomic factors, competitive pressures, promotional rollouts, and billing migration, but noted churn improved in October and connects showed year-over-year growth.
- Cable One paid down nearly $200 million of debt in Q3 2025, utilizing $124 million in pre-tax proceeds from equity divestitures, bringing the net leverage ratio to 3.9 times.
- Strategic initiatives include the planned launch of mobile unlimited plans starting at $25 per line in select markets in October 2025, and the expansion of TechAssist and LIFT products to address customer needs and reduce churn.
- The current Speaker 2 (Julie) is retiring but will serve as a senior advisor through 2026, with a search for a new CEO in progress.
Nov 6, 2025, 10:00 PM
Quarterly earnings call transcripts for Cable One.
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