v3.25.2
Segment Reporting (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Revenue:            
Total revenue $ 2,453,186   $ 2,659,158   $ 4,979,685 $ 5,366,495
Operating Expenses            
Cost of services 1,589,767   1,674,252   3,185,620 3,374,197
Cost of sales - equipment and other 9,349   16,043   18,753 30,806
Selling, general and administrative expenses:            
Subscriber acquisition costs         174,119 223,388
Selling, general and administrative expenses         305,950 324,306
Total selling, general and administrative expenses 241,072   262,249   480,069 547,694
OIBDA         1,295,243 1,413,798
Depreciation and amortization 53,035   70,339   112,073 141,019
Total costs and expenses 1,893,223   2,022,883   3,796,515 4,093,716
Operating income (loss) 559,963   636,275   1,183,170 1,272,779
Unallocated Amounts            
Interest income 91,130   72,039   176,111 131,366
Interest expense, net of amounts capitalized (236,599)   (184,787)   (479,838) (369,641)
Other, net 209   (64,296)   (281) (64,865)
Total other income (expense) (145,260)   (177,044)   (304,008) (303,140)
Income (loss) before income taxes 414,703   459,231   879,162 969,639
Income tax (provision) benefit, net (100,657)   (128,307)   (214,578) (253,174)
Net income (loss) 314,046 $ 350,538 330,924 $ 385,541 664,584 716,465
Purchases of property and equipment, net of refunds         $ 65,628 44,586
Number of business segment | segment         1  
Service revenue            
Revenue:            
Total revenue 2,439,754   2,645,461   $ 4,954,220 5,332,501
Equipment sales and other revenue            
Revenue:            
Total revenue 13,432   13,697   25,465 33,994
Programming            
Operating Expenses            
Cost of services         2,395,152 2,542,172
Connectivity services            
Operating Expenses            
Cost of services         195,742 199,000
Other            
Operating Expenses            
Cost of services         $ 594,726 $ 633,025
Pay-TV            
Revenue:            
Total revenue 2,453,186   2,659,158      
Operating Expenses            
Cost of services 1,589,767   1,674,252      
Cost of sales - equipment and other 9,349   16,043      
Selling, general and administrative expenses:            
Subscriber acquisition costs 87,606   102,635      
Selling, general and administrative expenses 153,466   159,614      
Total selling, general and administrative expenses 241,072   262,249      
OIBDA 612,998   706,614      
Depreciation and amortization 53,035   70,339      
Total costs and expenses 1,893,223   2,022,883      
Operating income (loss) 559,963   636,275      
Unallocated Amounts            
Interest income 91,130   72,039      
Interest expense, net of amounts capitalized (236,599)   (184,787)      
Other, net 209   (64,296)      
Total other income (expense) (145,260)   (177,044)      
Income (loss) before income taxes 414,703   459,231      
Income tax (provision) benefit, net (100,657)   (128,307)      
Net income (loss) 314,046   330,924      
Purchases of property and equipment, net of refunds 28,269   17,893      
Pay-TV | Service revenue            
Revenue:            
Total revenue 2,439,754   2,645,461      
Pay-TV | Equipment sales and other revenue            
Revenue:            
Total revenue 13,432   13,697      
Pay-TV | Programming            
Operating Expenses            
Cost of services 1,179,698   1,257,983      
Pay-TV | Connectivity services            
Operating Expenses            
Cost of services 97,424   98,179      
Pay-TV | Other            
Operating Expenses            
Cost of services $ 312,645   $ 318,090