v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 1,296,270,000 $ 1,012,201,000
Restricted Cash, Current 62,994,000 107,384,000
Accounts receivable, trade (less allowance for credit losses of $27,505 and $35,389, respectively) 310,476,000 335,820,000
Prepaid expenses and other current assets ($445 and $475 due from affiliates, respectively) 267,344,000 189,391,000
Total current assets 1,937,084,000 1,644,796,000
Property, plant and equipment, net of accumulated depreciation of $10,394,257 and $9,835,958, respectively 8,257,432,000 8,351,391,000
Right-of-use operating lease assets 223,862,000 243,626,000
Other assets 139,771,000 120,341,000
Amortizable intangibles, net of accumulated amortization of $6,560,958 and $6,461,571, respectively 581,250,000 702,467,000
Indefinite-lived cable franchise rights 8,900,000,000 11,600,000,000
Goodwill 8,041,217,000 8,041,217,000
Total assets 28,080,616,000 30,703,838,000
Current Liabilities:    
Accounts payable 782,708,000 816,860,000
Interest payable 438,439,000 413,709,000
Employee-related Liabilities, Current 139,923,000 206,192,000
Deferred revenue 183,906,000 147,139,000
Debt 4,147,837,000 60,842,000
Other Accrued Liabilities, Current 375,004,000 406,280,000
Total current liabilities 6,067,817,000 2,051,022,000
Other liabilities 338,348,000 316,398,000
Deferred tax liability 4,040,607,000 4,232,867,000
Operating Lease, Liability, Noncurrent 232,859,000 250,407,000
Long-term debt, net of current maturities 22,402,928,000 26,145,372,000
Total liabilities 33,082,559,000 32,996,066,000
Commitments and contingencies (Note 14)
Financial Instrument, Mandatorily Redeemable, Liability Classified, Settlement, Amount 508,594,000  
Stockholders' Deficiency:    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued and outstanding $ 0 $ 0
Common stock, shares outstanding (in shares) 283,694,377 287,413,647
Paid-in capital $ 245,128,000 $ 252,553,000
Accumulated deficit (5,748,849,000) (2,573,017,000)
Total stockholders' equity before accumulated other comprehensive Income and non-controlling interest (5,498,936,000) (2,315,750,000)
Treasury stock, at cost ($11,815,481 shares of Class A common stock at June 30, 2026 and 967,629 at December 31, 2025 and 74,153,348 shares of Class B common stock as of June 30, 2026) (57,411,000) (10,000)
Accumulated other comprehensive income 7,155,000 1,604,000
Total Optimum Communications stockholders' deficiency (5,549,192,000) (2,314,156,000)
Noncontrolling interests 38,655,000 21,928,000
Total stockholders' deficiency (5,510,537,000) (2,292,228,000)
Total liabilities and stockholders' deficiency $ 28,080,616,000 $ 30,703,838,000
Common Class A    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 4,000,000,000  
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares outstanding (in shares)   4,000,000,000
Shares, Issued 295,509,858 288,381,276
Common stock $ 2,955,000 $ 2,884,000
Treasury Stock, Shares 11,815,481 967,629
Common Class B    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares outstanding (in shares) 108,866,013 183,019,831
Common stock $ 1,830,000 $ 1,830,000
Treasury Stock, Shares 74,153,348  
Common Class C    
Stockholders' Deficiency:    
Common stock, shares authorized (in shares) 4,000,000,000 4,000,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares outstanding (in shares) 0 0
Common stock $ 0 $ 0