Optimum Communications (NYSE:OPTU) Q2 Revenue at $2 Billion, EBITDA $786M

Optimum Communications (NYSE:OPTU) reported second-quarter 2026 revenue of approximately $2 billion, a decrease of 5.8% year over year, with adjusted EBITDA of $786 million. The company improved its broadband net losses to 40,000 while adding around 50,000 mobile lines, increasing the total to 724,000. Gross margins reached a record 71%, and adjusted EBITDA margins rose to 38.8%. Despite the improved performance metrics, the competitive environment in broadband remains intense, which is important for investors monitoring the company's ongoing challenges and strategies.