Cable One, Inc. (CABO) Q3 FY2026 earnings

Reported results

• Total revenues were $332.2 million in the third quarter of 2026 compared to $376.0 million in the third quarter of 2025.
• GAAP net loss was $431.8 million with a GAAP net profit margin of (130.0)% in the third quarter of 2026, compared to GAAP net income of $86.5 million with a GAAP net profit margin of 23.0% in the third quarter of 2025.
• Non-GAAP Adjusted EBITDA was $159.8 million in the third quarter of 2026 compared to $201.9 million in the third quarter of 2025, while non-GAAP Adjusted EBITDA margin was 48.1% compared to 53.7% in the prior year quarter.
• GAAP net cash provided by operating activities was $92.6 million in the third quarter of 2026 compared to $156.5 million in the third quarter of 2025.
• Non-GAAP Adjusted EBITDA less capital expenditures was $81.9 million in the third quarter of 2026 compared to $130.1 million in the third quarter of 2025.
• Capital expenditures were $77.9 million in the third quarter of 2026 compared to $71.8 million in the third quarter of 2025.

Notes

The Company recognized asset impairments totaling $412.1 million in the third quarter of 2026, consisting of $159.0 million relating to indefinite-lived franchise agreements and $253.1 million relating to goodwill. The Company also noted that its existing sources of liquidity and cash flows from operations will be insufficient to repay debt maturities coming due over the next 12-24 months without financing transactions or extensions.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.