# Optimum Communications, Inc. (OPTU) · Edgar & Edgarette company card > Optimum Communications (OPTU) saw revenue fall 4.1% in FY2025 to $8.6 billion, operating margin -1.3% against a 5.8% median for cable & other pay television services, equity -7.5% of assets. Every figure is from the company’s own annual report filed with the SEC. SEC CIK 1702780 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/OPTU) · [JSON](https://www.pops4.com/boards/company/OPTU.json) ## Figures, as filed in the 10-K | Measure | Value | |---|---| | Revenue | $8.6B | | Revenue growth, 1 year | -4.1% | | Revenue growth per year | -3.9% | | Operating margin | -1.3% (prior year 18.8%) | | Net margin | -21.8% | | Operating cash flow | $1.2B | | Capital spending | $1.3B | | Free cash flow | −$119M | | Cash | $1.0B | | Long-term debt | $26.2B | | Total assets | $30.7B | | Total equity | −$2.3B | | Equity ÷ assets | -7.5% | | Return on equity | — | | Dividend per share | $0 | | Dividend years rising | 0 | ## Readings, computed from those figures - Altman Z: -0.46 (distress zone) - Piotroski F: 4 of 9 (middling) - Health Harbor boat: Rotting at the dock · four or more warning signs · filed earlier statements no longer to be relied on in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); operating loss: a margin of -1.3% in FY2025; free cash flow was negative: capital spending outran operating cash (-$118.8M in FY2025) - Cash Compass: In between · no clear cash pattern yet ## Edgarette's reading Exposure: revenue $8.6B (FY2025), total debt $26.2B. Experience: revenue down 4.1% on the year, down 3.9% a year over 4 years; operating margin -1.3%, down from 18.8%. Soundness: equity -7.5% of assets (liabilities exceed assets). Credibility: four or more audited years, moderate weight, marked down from reasonable: on 2026-09-21 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $7.4B and $8.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.0B to $9.3B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, cable & other pay television services): operating margin -1.3% against a 5.8% median; growth -4.1% against -0.0%. Range logged 2026-09-24, receipt 311272260666c965, status open. A statistical range, not company guidance. ## Health Watch, last 12 months - Item 3.01 Exchange listing notice or transfer: 1, latest 2026-08-14 ([filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000052/0001702780-26-000052-index.htm)) - Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-09-21 ([filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000057/0001702780-26-000057-index.htm)) - Item 5.02 Director or officer change: 4, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000059/0001702780-26-000059-index.htm)) ## Recent filings - 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000059/0001702780-26-000059-index.htm) - 8-K · filed 2026-09-21 · 2.02 Results of Operations and Financial Condition; 4.02 Non-Reliance on Previously Issued Financial Statements; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000057/0001702780-26-000057-index.htm) - 8-K · filed 2026-08-14 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000052/0001702780-26-000052-index.htm) - 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000048/0001702780-26-000048-index.htm) - 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000170278026000042/0001702780-26-000042-index.htm) - 8-K · filed 2026-07-06 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1702780/000110465926080797/0001104659-26-080797-index.htm) ## Sources - facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001702780.json - filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1702780 ## Cite POPS4, Edgar & Edgarette: Optimum Communications, Inc. (OPTU) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/OPTU. CC BY 4.0. For a figure, add the filing URL under filings or sources. DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4. Reporting, not investment advice. No price targets and no trading recommendations. Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.