Cable One posts Q3 2026 loss as revenue falls 12% and impairment charges hit $412M
Cable One reported third‑quarter 2026 revenue of $332.15 million, down 11.7% year over year, and a net loss of $431.84 million, or $75.66 per diluted share. The loss was driven largely by $412.1 million of non‑cash impairment charges. Residential data subscribers declined by 47,900 year over year, and the company signaled full‑year capital expenditures of $200 million to $250 million.
Why it matters
The sizable loss and impairment reduce earnings per share and may pressure the stock, while the announced capex range indicates continued cash outlays that could affect free cash flow (the company expects full‑year CapEx in the high $200 M range).
Key facts
- 1Q3 2026 revenue was $332.15 million, down 11.7% year over year. tradingview.com
- 2Net loss was $431.84 million, or $75.66 per diluted share. tradingview.com
- 3Adjusted EBITDA was $159.8 million, a 20.8% decline year over year. tradingview.com
- 4Non‑cash impairment charges totaled $412.1 million. tradingview.com
- 5Residential data subscribers fell by 47,900 year over year. finance.yahoo.com
- 6The company expects full‑year capital expenditures of $200 million to $250 million. seekingalpha.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.