Cable One (Sparklight) reported a 6.1% year-over-year revenue decline to $363.7 million for Q4 2025, primarily driven by a decrease in residential video subscribers. While the company posted a net loss of $7.6 million, this was a significant improvement from the $105.2 million loss in the prior year quarter, which had been impacted by a large non-cash impairment. Residential data connect activity showed growth, and disconnect trends improved compared to the third quarter of 2025.
Cable One reported a mixed third quarter in 2025, with total revenues decreasing by 4.5% to $376.0 million and net cash provided by operating activities decreasing by 11.2% to $156.5 million. However, net income saw a substantial increase of 95.7% to $86.5 million, primarily driven by $67.4 million in gains on sales of equity investments. The company faced higher than expected churn in residential data customers but noted modest growth in connects.
Cable One experienced a challenging second quarter in 2025, reporting a substantial net loss of $438.0 million, a significant decline from a net income of $38.2 million in the prior year, largely driven by $456.2 million in non-cash asset impairment charges. Total revenues decreased by 3.4% year-over-year to $381.1 million, with residential data and video revenues seeing declines, though residential data ARPU increased. The company's broadband customer results did not meet expectations, but sequential month-over-month increases in residential broadband customer connects were noted.
Cable One reported a challenging first quarter for 2025, with total revenues decreasing by 5.9% and net income plummeting by 93.0% compared to the prior year. The decline was primarily driven by a reduction in residential data and video subscribers, compounded by increased equity method investment losses. Despite the downturn, the company is focused on executing a multi-year plan aimed at achieving profitable growth.
Cable One experienced a significant net loss in Q4 2024, primarily due to unfavorable fair value adjustments and impairment, despite an increase in cash flow from operations. Revenues saw a decline, driven by decreases in residential data and video, while business data showed growth.
Cable One reported a decrease in revenue and net income for Q1 2024 compared to the same period last year. However, the company saw sequential growth in residential data customers. The company's revenues totaled $404.3 million, and net income was $47.3 million.
Cable One reported a decrease in total revenues for Q4 2023, but net income increased significantly compared to Q4 2022. Residential data revenues saw a year-over-year increase. The company's residential data primary service units grew sequentially, and residential data ARPU increased.
Cable One reported a slight decrease in total revenue but experienced growth in residential data revenue and adjusted EBITDA. The company focused on strategic capital allocation, share repurchases, and debt repayment.
Cable One reported a slight decrease in total revenues, driven by declines in residential video and voice revenues, offset by growth in residential data and business services. Net income decreased compared to the prior year, influenced by increased interest expense and fair value adjustments. The company focused on strategic investments in its network and customer service.
Cable One reported a slight decrease in revenue but an increase in adjusted EBITDA for Q1 2023. Residential data saw growth, while other segments declined. The company invested in its network and returned capital to shareholders through share repurchases and dividends.
Cable One reported a decrease in total revenues to $425.5 million compared to $432.6 million in Q4 2021. The company experienced a net loss of $77.2 million, driven by a non-cash loss on fair value adjustment. However, adjusted EBITDA less capital expenditures increased to $126.4 million. Residential data PSUs grew slightly, and the company repurchased shares and paid dividends.
Cable One reported a slight decrease in revenue, but an increase in net income and adjusted EBITDA. Residential data revenues increased, while business services revenues decreased. The company repurchased shares and returned capital to shareholders.
Cable One reported an increase in total revenue and Adjusted EBITDA, driven by residential data and business services. However, net income decreased due to a higher income tax provision and other factors.
Cable One reported a strong first quarter in 2022, with a 25.0% increase in total revenues to $426.7 million compared to the first quarter of 2021. Net income increased by 150.0% year-over-year to $171.5 million. The company's growth was driven by revenues from acquired operations and residential data services.
Cable One reported a 28.5% increase in total revenues for Q4 2021, reaching $432.6 million, driven by the acquisition of Hargray and growth in residential data and business services. Net income decreased by 39.0% to $64.8 million due to a non-cash gain on sale of business in Q4 2020. Residential data PSUs grew by approximately 22,000, or 2.4%, sequentially.
Cable One reported a strong third quarter with a 26.9% increase in total revenues, driven by growth in residential data and business services, as well as the inclusion of Hargray operations. However, net income decreased by 21.2% year-over-year.
Cable One reported a strong second quarter with a 22.4% increase in total revenues to $401.7 million, driven by growth in residential data and business services, including $50.6 million from Hargray operations. Net income increased by 69.7% to $106.2 million, with $4.4 million from Hargray operations. Adjusted EBITDA increased by 30.7% to $213.2 million, including $22.3 million from Hargray operations.
Cable One reported a 6.2% increase in total revenue for Q1 2021, reaching $341.3 million compared to $321.2 million in Q1 2020. This growth was primarily driven by an increase in residential data and business services revenues. Net income decreased slightly by 1.1% to $68.6 million, while adjusted EBITDA increased by 14.4% to $180.4 million.
Cable One reported a 5.7% increase in total revenues to $336.8 million for Q4 2020, driven by a 17.1% increase in residential data revenues and a 3.4% increase in business services revenues. Net income increased by 98.2% to $106.2 million, including a non-cash gain on the sale of the Anniston System. The company also completed several strategic transactions, including an investment in MBI and an amendment to its credit agreement.
Cable One reported an 18.9% increase in total revenues, reaching $339.0 million, driven by growth in residential data and business services. Net income rose by 33.0% to $66.3 million, and Adjusted EBITDA increased by 24.6% to $174.4 million. The company completed the acquisition of Valu-Net and made strategic investments in Wisper ISP and Mega Broadband Investments Holdings LLC (MBI).
Cable One reported a 14.9% increase in total revenues, driven by residential data and business services growth. Net income increased by 71.8% year-over-year. The company's performance was impacted by the COVID-19 pandemic, with both negative and positive effects on revenue and expenses.
Cable One reported a 15.3% increase in total revenues to $321.2 million for Q1 2020, driven by growth in residential data and business services. Net income increased by 79.0% to $69.3 million. The company is taking measures to support customers and communities impacted by the COVID-19 pandemic.
Cable One's total revenues were $318.8 million in Q4 2019, an 18.1% increase year-over-year. Net income increased by 27.6% to $53.6 million. Residential data and business services revenues saw significant growth, contributing to the overall positive performance.