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Jun 30
WideOpenWest Q2 2025 Earnings Report
WideOpenWest reported its second quarter 2025 financial and operating results, showing a decrease in total revenue and an increase in net loss compared to the same period last year, while also highlighting growth in its Greenfield markets.
Key Takeaways
WideOpenWest (WOW!) reported a total revenue of $144.2 million for Q2 2025, a 9.2% decrease year-over-year, and a net loss of $17.8 million, widening from a $10.8 million net loss in Q2 2024. Despite the revenue decline, the company saw a slight increase in Adjusted EBITDA to $70.3 million and continued its fiber-to-the-home expansion, passing 15,500 new homes in Greenfield markets.
Total Revenue for Q2 2025 was $144.2 million, a decrease of 9.2% compared to Q2 2024.
The company reported a Net Loss of $17.8 million for the quarter, compared to a net loss of $10.8 million in the prior year.
Adjusted EBITDA increased slightly by 0.4% to $70.3 million, with an improved Adjusted EBITDA margin of 48.8%.
WOW! continued its network expansion, passing approximately 15,500 new homes in Greenfield markets and adding 2,300 subscribers in these areas during the quarter.
WideOpenWest
WideOpenWest
WideOpenWest Revenue by Segment
Revenue by Segment
HSD Revenue
CapyFin.comVideo Revenue
CapyFin.comTelephony Revenue
CapyFin.comOther Business Services Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
The company is focused on accelerating its fiber-to-the-home expansion and expects continued positive momentum in the second half of the year, driven by growth in HSD Greenfield subscribers and strong penetration rates, alongside a lower cost base due to reduced video-related expenses.
Positive Outlook
- Acceleration of fiber-to-the-home expansion.
- Continued growth in HSD Greenfield subscribers.
- Consistently strong penetration rates in Greenfield markets.
- Lower cost base due to reduction in video-related expenses.
- Ability to further invest in Greenfield growth strategy.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
- The report highlights a decrease in total revenue and an increase in net loss in the current quarter, which could imply ongoing challenges.
- The decline in Video RGUs and Telephony RGUs is a continuing trend.
- The overall decrease in total subscribers indicates ongoing churn in legacy services.
- The company's total outstanding long-term debt and finance lease obligations remain substantial at over $1 billion.