Optimum Communications, Inc. · NYSE:OPTU
Optimum Communications — Q2 2026 Earnings Presentation
14 slides from Optimum Communications's earnings presentation, Aug 6, 2026
Slide 1: Second Quarter 2026 Results
Second Quarter 2026 Results August 6, 2026
Slide 2: Forward-Looking Statements; Non-GAAP Financial Measures
FORWARD-LOOKING STATEMENTS Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, all statements other than statements of historical fa
Slide 3: Long-Term Strategy
Long-Term Strategy Simpler, Richer Easier Modern Broader Customer Service Network Offers Experience Delivery Platform Converged End-to-end Diagnostics-led Targeted plant customer-value digital customer care & field investments focused offers journeys efficiency Investing in long-term value creation
Slide 4: Focus on High-Value Customer Relationships
Focus on High-Value Customer Relationships Growing through Mobile Strengthening broadband Growing through mobile Enhancing video value + Simplified go-to-market, pricing + Surpassed 700k mobile lines + Higher-value packages with and packaging + Improved quality of sale improved profitability + Drivi
Slide 5: Driving Operational Improvements
Driving Operational Improvements Sales Activity Optimizing + Delivering productivity gains Acquisition Cost Reduction Workforce and reducing operating expenses Improvement Truck roll and call Internal and external volume reductions headcount (FTE) reduction Channel mix and marketing cost efficiencie
Slide 6: Q2 Subscriber Trends
Q2 Subscriber Trends Broadband Subscribers Mobile Lines Net Adds (000s) Ending (m) Net Adds (000s) Ending (000s) -5.2% 52 50 +32.6% 4.3 4.0 38 38 38 724 (35) 546 (40) (58) (56)(1) (62) Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q2-25 Q2-26 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q2-25 Q2-26 Video Subscribers Fiber Custome
Slide 7: Q2 Financials
Q2 Financials Revenue ($m) Residential ARPU(2) ($) Convergence ARPU(4) ($) -5.8% -1.1% +2.4% $2,147 $2,024 $133.68 $132.22 $79.80 $77.95 Residential video $661 $588 $53.58 $50.55 News & advertising $119 $100 Residential $80.10 $81.67 connectivity & $1,006 $970 all other(1) Q2-25 Q2-26 Q2-25 Q2-26 Bu
Slide 8: Q2 Financials
Q2 Financials Gross Margin % Adj. EBITDA(1) ($m) Adj. EBITDA Margin(1) % +180bps -2.2% +140bps 71.0% $804 38.8% 69.1% $786 37.4% Q2-25 Q2-26 Q2-25 Q2-26 Q2-25 Q2-26 Margin Expansion: Gross Margin +180bps and Adj. EBITDA Margin(1) +140bps year-over-year (1) Adjusted EBITDA and Adjusted EBITDA margin
Slide 9: Capital Expenditures and Network Investment
Capital Expenditures and Network Investment Growing through Mobile Cash Capital Expenditures Optimum Footprint Q2-26 $384m $326m $282m $308m $320m $343m 10.1m $271m Total passings Growth $174m $242m $245m $220m $175m $112m $151m $134m 3.2m Fiber passings Maintenance $169m $96m $109m $91m $111m Q2-25
Slide 10: Debt Maturity Profile
Debt Maturity Profile Optimum Communications Consolidated as of Debt Maturity by year(1) ($bn) June 30, 2026 Weighted Average Cost of Debt (WACD) 6.8% $6.3 $6.2 $5.7 2.8 Weighted Average Life of Debt (WAL) years $4.7 $3.8 Fixed Rate % of Debt 81% CSC Holdings Restricted Group and ~$881m UnSub Group
Slide 11: Q&A
Q&A Q&A 11 11
Slide 12: Appendix
APPENDIX Q&A 12 12
Slide 13: Q2 2026 Free Cash Flow Bridge
Q2 2026 Free Cash Flow Bridge Free Cash Flow(1) ($m) Adjusted Cash Cash Cash Other operating Free Cash EBITDA(1) capex interest tax cash flows Flow(1) ($320) $786 ($408) ($74) ($75) ($92 ) (1) Adjusted EBITDA and Free Cash Flow are non-GAAP measures. For a reconciliation of these non-GAAP measures t
Slide 14: Summary Financial Information
Summary Financial Information ($m) Q2-25 Q2-26 Q2-26 YoY Residential $1,648 $1,538 -6.7% Business Services $362 $366 1.2% News & Advertising $119 $100 -15.8% Other $19 $20 6.0% Total Revenue $2,147 $2,024 -5.8% Adjusted EBITDA(1) $804 $786 -2.2% Margin (%)(1) 37.4% 38.8% Cash capital expenditures $3
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