Optimum Posts First EBITDA Growth in 16 Quarters as Margins Rebound in Q4 2025

Overview

• Adjusted EBITDA grew nearly 8% to just over $900 million in Q4, with adjusted EBITDA margin above 41% and gross margin about 70%.
• Total revenue fell 2.3% even as connectivity and other revenue rose 2%, with broadband ARPU up 2.8% and residential ARPU up 0.4%.
• Nearly $60 million in operating expense reductions and better operations — including a 19% improvement in dispatch rates, record low seven-day repeat care, and an 11-point NPS gain — supported the profit recovery.
• Executives emphasized sustainable pricing and a slower near-term fiber migration pace to protect margins and cash, with a plan to reaccelerate migrations in the second half of 2026.
• The company highlighted stronger mobile churn and improved video profitability, detailed portfolio and financing moves including divesting i24 News and towers and refinancing debt, and declined to issue specific 2026 guidance.