7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 
      
    		                                 
      cash flows from operating activities:
    		                                 
      net income
    		-1,621,955,000 -87,986,000 -71,271,000 -46,248,000 -40,835,000 21,702,000 -12,896,000 -113,792,000 75,515,000 86,144,000 31,170,000 -192,413,000 97,621,000 113,540,000 202,141,000 260,710,000 270,749,000 200,934,000 278,539,000 336,269,000 -2,729,000 111,477,000 -1,538,000 1,331,000 77,396,000 86,410,000 -25,198,000 213,808,000 33,739,000 -98,004,000 -128,949,000 2,254,682,000 -182,086,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                 
      depreciation and amortization
    		415,308,000 409,697,000 418,485,000 471,728,000 386,342,000 395,770,000 388,391,000 407,014,000 402,366,000 418,705,000 416,212,000 446,430,000 445,769,000 446,125,000 435,349,000 460,010,000 447,958,000 444,327,000 434,857,000 511,754,000 502,248,000 521,794,000 547,569,000 567,459,000 565,637,000 568,620,000 561,428,000 555,054,000 536,053,000 648,527,000 642,705,000 791,699,000 823,265,000 
      indefinite-lived cable franchise rights impairment
    		                                 
      gain on investments, sale of assets or sale of affiliate interests
    		                                 
      loss on extinguishment of debt and write-off of deferred financing costs
    		0               0 0   0    84,207,000 503,000 1,194,000 157,902,000 7,188,000 0 36,911,000 4,705,000 0 38,858,000 
      amortization of deferred financing costs and discounts (premiums) on indebtedness
    		7,664,000 4,146,000 3,992,000 4,158,000 4,347,000 4,230,000 6,893,000 8,106,000 7,975,000 7,640,000 10,719,000 15,909,000 20,297,000 20,808,000 20,342,000 22,050,000 23,259,000 22,878,000 23,039,000 21,831,000 21,079,000 24,273,000 23,944,000 23,816,000 28,522,000 27,810,000 26,066,000 24,595,000 23,555,000 20,021,000 16,950,000 12,529,000 11,303,000 
      share-based compensation expense
    		12,013,000 16,166,000 15,449,000         45,575,000 37,349,000 36,529,000 40,532,000 18,019,000 24,350,000 27,646,000 28,281,000        13,790,000 13,636,000 12,327,000 12,226,000 21,623,000 16,498,000 15,005,000 
      deferred income taxes
    		82,901,000 -133,205,000 -127,410,000 -388,923,000 2,689,000 -96,413,000 86,595,000 -39,620,000 -73,893,000 -56,154,000 -57,248,000 125,625,000 -31,520,000 -41,571,000 -16,149,000 -56,345,000 -1,723,000 69,604,000 29,165,000 8,529,000 15,878,000 20,880,000 30,225,000 -40,763,000 36,090,000 39,522,000 -19,918,000 -82,002,000 94,679,000 -14,447,000 -65,833,000 -2,412,536,000 -150,218,000 
      decrease in right-of-use assets
    		11,307,000 11,251,000 11,150,000 10,903,000 11,028,000 11,213,000 11,488,000 11,475,000 11,708,000 11,601,000 11,324,000 11,027,000 11,176,000 11,184,000 10,955,000  11,003,000 10,875,000 10,816,000  11,707,000 11,597,000 11,474,000           
      allowance for credit losses
    		17,035,000 14,393,000 16,196,000 18,128,000 22,501,000                             
      other
    		-361,000 854,000 399,000 967,000 1,795,000 2,164,000 1,510,000 1,763,000 218,000 8,872,000 316,000 3,952,000 -171,000 -34,000 -287,000 3,494,000 -2,910,000 3,270,000 1,074,000         0 0 0 -859,000   
      change in operating assets and liabilities, net of effects of acquisitions and dispositions:
    		                                 
      accounts receivable, trade
    		-45,168,000 -14,597,000 17,187,000 -34,196,000 -16,491,000 -29,138,000 20,908,000 -48,300,000 -18,792,000 -36,975,000 26,364,000 -45,668,000 1,179,000 -9,902,000 9,112,000 4,698,000 -48,155,000 -42,215,000 55,293,000 -55,166,000 -23,103,000 31,980,000 -4,458,000 -44,869,000 -48,653,000 -26,474,000 28,278,000 -32,633,000 -74,222,000 -62,431,000 25,207,000 -44,190,000 -37,487,000 
      prepaid expenses and other assets
    		17,069,000 -7,308,000 -55,377,000 158,025,000 -8,770,000 -33,395,000 -85,655,000 22,080,000 -18,020,000 -12,911,000 -45,931,000 34,689,000 9,041,000 26,151,000 -19,462,000 -5,038,000 1,750,000 57,952,000 -26,321,000 14,306,000 -399,000 26,265,000 -31,842,000 -55,401,000 -5,465,000 -35,733,000 -3,744,000 27,001,000 -9,939,000 -41,560,000 9,609,000 -19,652,000 8,304,000 
      amounts due from and due to affiliates
    		-20,592,000 1,167,000 13,905,000 1,214,000 4,042,000 -65,348,000 15,606,000 -5,362,000 24,980,000 21,129,000 10,084,000 -6,017,000 4,325,000 2,935,000 -8,992,000 10,954,000 6,299,000 1,878,000 4,627,000 217,000 1,789,000 -2,306,000 3,894,000 -1,668,000 -2,907,000 741,000 -4,023,000 3,846,000 -1,370,000 10,038,000 -1,465,000 64,470,000 16,944,000 
      accounts payable and accrued liabilities
    		-257,739,000 71,774,000 42,958,000 93,419,000 -68,585,000 43,905,000 -64,859,000 -36,882,000 20,442,000 -2,239,000 -20,577,000 28,948,000 19,303,000 11,950,000 -13,477,000 -55,823,000 -4,036,000 -87,771,000 -29,696,000               
      interest payable
    		-62,504,000 117,614,000 -120,856,000                               
      deferred revenue
    		35,275,000 4,609,000 18,816,000 2,429,000 9,424,000 -3,891,000 3,056,000 -367,000 2,882,000 -7,184,000 13,833,000 -9,445,000 -3,602,000 -16,519,000 14,613,000 -16,100,000 -30,611,000 -32,719,000 38,501,000 -25,069,000 2,394,000 -12,149,000 -5,153,000 19,636,000 -42,042,000 3,107,000 8,915,000 16,100,000 35,790,000 8,607,000 11,929,000 2,928,000 -1,232,000 
      interest rate swap contracts
    		1,001,000 1,697,000 3,865,000 -5,682,000 108,367,000 15,637,000 -13,874,000 74,399,000 4,800,000 -39,350,000 32,858,000                       
      net cash from operating activities
    		147,448,000 411,965,000 187,483,000 439,922,000 436,024,000 306,794,000 399,661,000 496,213,000 474,498,000 438,841,000 416,846,000 461,185,000 629,162,000 676,335,000 600,219,000 676,599,000 698,314,000 729,543,000 749,622,000 791,503,000 659,120,000 935,976,000 593,565,000 720,182,000 541,023,000 788,970,000 503,994,000 738,055,000 611,019,000 728,291,000 430,952,000 784,750,000 516,053,000 
      cash flows from investing activities:
    		                                 
      capital expenditures
    		-325,520,000 -383,519,000 -356,124,000 -390,038,000 -359,159,000 -347,721,000 -336,095,000 -295,250,000 -353,219,000 -473,445,000 -582,897,000 -543,226,000 -493,559,000 -485,126,000 -392,371,000 -386,648,000 -309,172,000 -323,104,000 -212,791,000 -344,578,000 -201,572,000 -228,723,000 -299,082,000 -322,795,000 -375,302,000 -316,867,000 -340,386,000 -320,765,000 -334,527,000 -240,682,000 -257,615,000 -228,066,000 -303,636,000 
      free cash flows
    		-178,072,000 28,446,000 -168,641,000 49,884,000 76,865,000 -40,927,000 63,566,000 200,963,000 121,279,000 -34,604,000 -166,051,000 -82,041,000 135,603,000 191,209,000 207,848,000 289,951,000 389,142,000 406,439,000 536,831,000 446,925,000 457,548,000 707,253,000 294,483,000 397,387,000 165,721,000 472,103,000 163,608,000 417,290,000 276,492,000 487,609,000 173,337,000 556,684,000 212,417,000 
      payments for acquisitions, net of cash acquired
    		0 0 -7,616,000 -32,784,000 -3,723,000       0                 -5,445,000     
      proceeds related to sale of equipment, net of costs of disposal
    		                                 
      additions to other intangible assets
    		                    -58,000 -148,000 -89,000 -102,000 -3,102,000   0    -7,000 -956,000 
      net cash from investing activities
    		-265,138,000 -382,006,000 -363,549,000 -409,533,000 -360,087,000 -350,116,000 -335,777,000 -295,285,000 -353,318,000 -474,825,000 -583,095,000 -545,409,000 -497,994,000 -486,624,000 -391,483,000 -385,807,000 -310,257,000 -666,891,000 -210,648,000 -345,761,000 -348,785,000 -228,137,000 -297,743,000 -322,728,000 -372,860,000 -489,974,000 -339,907,000 -305,961,000 -339,612,000 -211,157,000 -291,627,000 -298,167,000 -328,019,000 
      cash flows from financing activities:
    		                                 
      proceeds from long-term debt
    		1,160,000,000 225,000,000 450,000,000 339,750,000 100,000,000 825,000,000 2,950,000,000 350,000,000 450,000,000 1,550,000,000 350,000,000 2,711,903,000 1,105,000,000 310,000,000 150,000,000 1,100,000,000 150,000,000 3,010,000,000 150,000,000               
      repayment of debt
    		-172,780,000 -184,825,000 -220,014,000 -332,058,000 -255,726,000 -668,143,000 -2,967,306,000 -472,897,000 -475,619,000 -1,470,557,000 -268,936,000 -2,527,299,000                      
      principal payments on finance lease obligations
    		-5,768,000 -75,317,000 -17,262,000 -27,923,000 -30,638,000 -33,392,000 -35,396,000 -36,502,000 -36,695,000 -38,239,000 -37,861,000 -37,517,000 -34,944,000 -33,280,000 -28,941,000 -25,692,000 -22,697,000 -19,230,000 -18,330,000 -18,391,000 -12,757,000 -6,235,000 -5,700,000 -2,244,000 -3,463,000 -1,662,000 -1,611,000       
      payment related to acquisition of noncontrolling interest
    		                                 
      additions to deferred financing costs
    		   -624,000 -1,383,000 -415,000 -17,138,000             -34,306,000 -8,323,000   -7,576,000 -3,519,000 -810,000 -11,678,000 -6,898,000 707,000 -3,052,000 -19,225,000 886,000 -2,134,000 
      distributions to noncontrolling interests
    		0                          -1,000,000     0  
      net cash from financing activities
    		914,301,000 -62,745,000 198,727,000 -23,835,000 -188,454,000 121,187,000 -80,876,000 -168,030,000 -69,896,000 33,930,000 81,405,000 138,894,000 -113,718,000 -152,453,000 -208,629,000 -327,011,000 -376,305,000 -61,763,000 -597,445,000 -1,150,737,000 -1,277,833,000 1,000,328,000 -752,803,000 129,555,000 -131,401,000 -282,951,000 -339,615,000 -619,115,000 -166,819,000 -1,563,541,000 958,479,000 -808,338,000 -218,011,000 
      net increase in cash and cash equivalents
    		796,611,000 -32,786,000 22,661,000     32,898,000 51,284,000 -2,054,000 -84,844,000 54,670,000 17,450,000 37,258,000 107,000 -36,881,000 11,752,000   -705,639,000 -968,081,000   527,974,000 35,797,000 16,045,000 -175,528,000 -187,047,000 104,588,000 -1,046,407,000 1,097,804,000  -29,977,000 
      effect of exchange rate changes on cash and cash equivalents
    		-530,000 938,000 -54,000 -21,000 414,000 -205,000 -612,000 785,000 -2,030,000 738,000 -190,000 240,000 161,000 60,000 -170,000 -522,000 -619,000 -141,000 620,000 -644,000 -583,000 -516,000 -424,000 -201,000 -385,000 -335,000 -245,000 -402,000 480,000     
      net increase in cash, cash equivalents and restricted cash
    		796,081,000 -31,848,000 22,607,000                               
      cash, cash equivalents and restricted cash at beginning of year
    		0 0 256,824,000 0 0 0 302,338,000 0 0 0 305,751,000 0 0 0 195,975,000 0 0 0 278,686,000 0 0 0 702,160,000 0 0 0 299,038,000 0 0 0 330,100,000 0 0 
      cash, cash equivalents and restricted cash at end of period
    		796,081,000 -31,848,000 279,431,000  -112,103,000 77,660,000 284,734,000  49,254,000 -1,316,000 220,717,000  17,611,000 37,318,000 195,912,000  11,133,000 748,000 220,835,000  -968,081,000 1,707,651,000 244,755,000  36,377,000    105,068,000 -1,046,511,000 1,427,904,000  -29,977,000 
      gain on investments and sale of affiliate interest
    		 0 -5,000                               
      gain on investments and sale of affiliate interests
    		   -378,000 0 0 -292,000         240,549,000 46,821,000 -125,019,000 -73,453,000 -263,760,000 -314,177,000 -197,597,000 455,473,000 4,718,000 -120,253,000 -103,146,000 -254,725,000 68,846,000 -111,684,000 45,113,000 248,602,000   
      gain on derivative contracts
    		       0 0 0 166,489,000 218,041,000 -323,668,000 -219,114,000 -101,074,000 -194,931,000 -43,385,000 98,840,000 53,565,000 204,467,000 261,597,000 152,061,000 -439,861,000 -21,273,000 77,333,000 49,624,000 177,029,000 -87,965,000 79,628,000 -42,159,000 -168,352,000   
      gain on extinguishment of debt and write-off of deferred financing costs
    		   5,866,000 0 0 7,035,000 0 0 0 -4,393,000                       
      goodwill impairment
    		                                 
      proceeds from derivative contracts in connection with the settlement of collateralized debt
    		        0 0 38,902,000                       
      payments related to acquisition of noncontrolling interest
    		                                 
      cash, cash equivalents and restricted cash at end of year
    		                          123,265,000       
      loss on derivative contracts
    		                               82,060,000  
      share-based compensation
    		    20,170,000 16,424,000 13,757,000  16,115,000 15,876,000 -2,623,000                       
      payment related to acquisition of a noncontrolling interest
    		    0 0 -7,261,000                           
      net decrease in cash and cash equivalents
    		      -16,992,000    -85,034,000    -63,000    -58,471,000    -456,981,000           
      net decrease in cash, cash equivalents and restricted cash
    		                                 
      benefit from doubtful accounts
    		      21,998,000 22,313,000 18,202,000 23,687,000 20,259,000 22,878,000 28,442,000 22,102,000 14,737,000 22,361,000 18,294,000 17,021,000 11,133,000 15,582,000 8,526,000 21,977,000 19,880,000 30,466,000 26,240,000 19,723,000 15,091,000 20,783,000 21,181,000 15,962,000 13,500,000 19,682,000 21,583,000 
      change in assets and liabilities, net of effects of acquisitions and dispositions:
    		                                 
      proceeds from collateralized indebtedness and related derivative contracts
    		               0 0 0 185,105,000               
      repayment of collateralized indebtedness and related derivative contracts
    		               0 0 0 -185,105,000         0 -179,389,000   -176,070,000 -171,908,000 
      purchase of shares of altice usa, inc. class a common stock, pursuant to a share repurchase program
    		                          -586,759,000 -273,197,000      
      payments to acquire noncontrolling interest
    		                                 
      gain on investments
    		        0 0 -192,010,000 -242,268,000 425,686,000 325,601,000 150,773,000                 -67,466,000 18,900,000 
      payment to acquire noncontrolling interest
    		                                 
      purchase of shares of altice usa, inc. class a common stock, pursuant to a share repurchase program and tender offer
    		                                 
      proceeds from the sale of a noncontrolling interest in lightpath, net of expenses
    		                                 
      liabilities related to interest rate swap contracts
    		            -112,065,000 -53,450,000 -138,894,000 -49,135,000 -21,349,000 10,330,000 -89,798,000 -34,228,000 -9,734,000 25,164,000 122,849,000     -9,448,000 17,350,000 13,277,000 31,922,000 8,631,000 -1,052,000 
      purchase of shares of altice usa class a common stock, pursuant to a share repurchase program
    		                -79,410,000 -221,873,000 -503,645,000    -726,005,000           
      repayment of long-term debt
    		             -429,173,000 -329,688,000 -1,387,082,000 -425,557,000 -2,831,606,000 -225,863,000               
      decrease in right-of-use asset
    		                                 
      payment for acquisitions, net of cash acquired
    		               0 126,000   142,000    390,000 0         
      net increase in cash and cash equivalents excluding effect of exchange rate changes
    		                   -704,995,000 -967,498,000             
      see accompanying notes to consolidated financial statements.
    		                                 
      altice usa, inc. and subsidiaries consolidated statements of cash flows
    		                                 
      proceeds from collateralized indebtedness
    		                           0 179,389,000   176,070,000 171,908,000 
      dividends to stockholders
    		                           0 0     
      proceeds from stock option exercises
    		                   8,635,000 2,063,000 1,618,000 2,032,000           
      contributions from (distributions to) noncontrolling interests
    		                       0 0         
      non-cash restructuring charges
    		                    27,188,000 1,036,000 1,347,000           
      settlement loss related to pension plan
    		                    122,000 271,000 502,000 103,000 1,091,000 367,000 171,000 339,000 65,000 258,000 606,000   
      share-based compensation expense related to equity classified awards
    		                    34,057,000 33,683,000 27,370,000 51,187,000 18,024,000         
      other receivables
    		                      -2,958,000 -25,061,000 566,000 3,448,000 -708,000 4,384,000 5,788,000 22,833,000 -28,759,000 -7,315,000 -13,469,000 
      accounts payable
    		                    -9,377,000 -13,357,000 23,613,000 -60,125,000 8,469,000 -15,340,000 33,889,000 -73,042,000 36,048,000 38,152,000 11,297,000 18,439,000 -16,692,000 
      accrued liabilities
    		                    -118,435,000 175,969,000 -188,765,000     67,565,000 -87,969,000 114,560,000 -224,787,000 59,506,000 -55,225,000 
      sale of affiliate interest
    		                       0    0      
      proceeds related to sale of equipment and costs of disposal
    		                    1,500,000 734,000 -2,580,000           
      decrease in other investments
    		                    1,460,000 0 4,008,000           
      altice usa, inc. and subsidiariesconsolidated statements of cash flows
    		                                 
      proceeds from credit facility debt, net of discounts
    		                    650,000,000   3,000,000,000 100,000,000 550,000,000 1,390,000,000 1,271,813,000 575,000,000 0 1,642,500,000   
      repayment of credit facility debt
    		                    -468,188,000 -218,187,000 -10,688,000 -2,489,437,000 -739,795,000 -241,580,000 -361,250,000 -1,585,437,000 -14,413,000 -10,662,000 -610,663,000 -726,913,000 -110,918,000 
      issuance of senior notes, including premiums
    		                    3,620,250,000             
      redemption of senior notes, including premiums and fees
    		                       -1,754,208,000 -8,886,000 0 -2,462,692,000 -5,206,000 -500,000,000 -1,066,737,000 -1,057,019,000  -750,120,000 
      proceeds from notes payable
    		                       -1,333,000 27,331,000   0   6,812,000 9,084,000  
      repayment of notes payable
    		                    -29,446,000 -40,744,000 -7,495,000 -11,856,000 -16,149,000 -15,561,000 -58,500,000 -18,543,000 -13,643,000     
      purchase of shares of altice usa class a common stock pursuant to a share repurchase program
    		                    -433,454,000             
      contingent payment for acquisition
    		                    0 0 -4,947,000 0 0 0 -500,000 0 -1,060,000     
      equity in net income of affiliates
    		                           0 0 407,000 10,442,000 4,343,000 1,575,000 
      non-cash lease expense
    		                                 
      liabilities related to interest rate swap and derivative contracts
    		                       -19,670,000 8,686,000 16,202,000 25,120,000       
      proceeds related to sale of equipment, including costs of disposal
    		                       -575,000 3,586,000 419,000 479,000 2,977,000 944,000 5,893,000 965,000 6,345,000 1,862,000 
      decrease (increase) in other investments
    		                                 
      settlement of put call options
    		                                 
      proceeds from ipo, net of fees
    		                               611,000 -696,000 
      contributions from stockholders
    		                               0  
      accrued employee related costs and other liabilities
    		                                 
      increase in other investments
    		                           11,827,000 0 0 -2,500,000 27,000 -1,250,000 
      issuance of senior notes and debentures, including premiums
    		                        1,000,000,000 0 1,754,375,000       
      purchase of shares of class a common stock, pursuant to a share repurchase program
    		                        -486,920,000         
      interest payable, accrued employee related costs and other liabilities
    		                         136,818,000 -235,369,000       
      impairment of assets included in restructuring charges
    		                                 
      excess tax benefit on share-based awards
    		                                 
      proceeds from notes payable to affiliates and related parties
    		                                 
      issuance of senior notes and debentures
    		                           0 0 1,050,000,000 1,000,000,000   
      principal payments on capital lease obligations
    		                           -1,647,000 -2,562,000 -2,952,000 -3,067,000 -3,639,000 -3,457,000 
      contributions from noncontrolling interests
    		                           0 0     
      see accompanying notes to condensed consolidated financial statements.
    		                                 
      altice usa, inc. and subsidiariescondensed consolidated statements of cash flows
    		                                 
      sale of affiliate interests
    		                             0 -3,537,000   
      payment for acquisition, net of cash acquired
    		                              -28,940,000 -3,095,000 0 
      gain on sale of affiliate interests
    		                                 
      net proceeds from sale of affiliate interests
    		                                 
      settlement of put-call options
    		                               -73,371,000  
      proceeds from credit facility debt
    		                               -8,750,000 625,000,000 
      issuance of senior notes
    		                                 
      distributions to stockholders
    		                               -79,617,000  
      repayment of senior notes, including premiums and fees
    		                                 
      settlement gain related to pension plan
    		                                 
      loss on equity derivative contracts
    		                                 
      distributions to shareholders
    		                                 
      contributions from shareholders
    		                                 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.