Altice USA, Inc. (ATUS) Financial Statements (2025 and earlier)

Company Profile

Business Address 1 COURT SQUARE WEST
LONG ISLAND CITY, NY 11101
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments257302305196278702
Cash and cash equivalent257302305196278702
Restricted cash and investments000000
Receivables332358367411447464
Derivative instruments and hedges, assets   264 51 
Other undisclosed current assets1421751,632183200215
Total current assets:7318352,5687909771,381
Noncurrent Assets
Operating lease, right-of-use asset248256251222241280
Property, plant and equipment8,4158,1187,5016,3405,8065,753
Intangible assets, net (including goodwill)22,21322,52023,08523,62424,01024,643
Goodwill8,0418,0458,2098,2068,1618,142
Intangible assets, net (excluding goodwill)14,17214,47614,87715,41815,84916,501
Derivative instruments and hedges     525
Restricted cash and investments    2,1622,2511,932
Other noncurrent assets94195260778793
Total noncurrent assets:30,97031,08931,09732,42532,40032,727
TOTAL ASSETS:31,70131,92433,66533,21533,37734,108
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9951,8641,8841,7231,7341,676
Interest and dividends payable245252386
Employee-related liabilities125142111
Accounts payable9719371,2141,023796800
Accrued liabilities1,024927670330544379
Deferred revenue74858195110125
Debt1853592,0759171,246171
Due to related parties  97
Total current liabilities:2,2552,3084,0402,7353,0981,978
Noncurrent Liabilities
Long-term debt and lease obligation24,87224,71624,51325,86725,73424,566
Long-term debt, excluding current maturities24,87224,71624,51325,62925,47724,250
Finance lease, liability      47
Liabilities, other than long-term debt5,0315,3345,6175,4845,722461
Deferred income tax liabilities4,4564,8485,0825,0485,006 
Liability, pension and other postretirement and postemployment benefits     3157
Other liabilities320221275159162148
Operating lease, liability255265260237257269
Derivative instruments and hedges, liabilities    277523256
Other undisclosed noncurrent liabilities      4,715
Total noncurrent liabilities:29,90330,05030,12931,35131,45629,742
Total liabilities:32,15832,35834,16934,08634,55431,720
Temporary equity, including noncontrolling interest     26109
Equity
Equity, attributable to parent, including:(469)(422)(475)(820)(1,141)2,270
Treasury stock, value(0)   (164)(164)
Additional paid in capital23418718318 2,040
Accumulated other comprehensive income (loss)(4)(13)(8)64(3)
Retained earnings (accumulated deficit)(704)(601)(654)(849)(986)391
Other undisclosed equity, attributable to parent555556
Equity, attributable to noncontrolling interest12(12)(29)(51)(62)9
Total equity:(457)(434)(504)(871)(1,203)2,279
TOTAL LIABILITIES AND EQUITY:31,70131,92433,66533,21533,37734,108

Income Statement (P&L) ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues8,9549,2379,64810,0919,8959,761
Cost of revenue(3,688)(3,814)(3,781)(4,044)(4,460)(4,495)
Cost of product and service sold(2,897)(3,030)(3,206)(3,382)(3,340)(3,301)
Gross profit:5,2665,4235,8676,0475,4345,266
Operating expenses(3,586)(3,721)(4,064)(3,522)(3,319)(3,442)
Operating income:1,6801,7021,8032,5252,1151,824
Nonoperating expense(1,762)(1,583)(1,286)(1,219)(1,532)(1,637)
Investment income, nonoperating19213(388)93(76)(48)
Interest and debt expense(15)(15)(11)(52)(250)(244)
Income (loss) from continuing operations before equity method investments, income taxes:(98)1045051,254333(57)
Other undisclosed income from continuing operations before income taxes15151152250244
Income (loss) from continuing operations before income taxes:(82)1195171,306583187
Income tax expense (benefit)4(40)(296)(295)(140)(47)
Income (loss) from continuing operations:(78)792211,011443140
Income before gain (loss) on sale of properties:1,011443140
Net income (loss):(78)792211,011443140
Net loss attributable to noncontrolling interest(25)(26)(26)(21)(7)(1)
Net income (loss) available to common stockholders, diluted:(103)53195990436139

Comprehensive Income ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(78)792211,011443140
Other comprehensive income (loss)9(5)(15)379
Comprehensive income (loss):(69)742061,014450148
Comprehensive loss, net of tax, attributable to noncontrolling interest(25)(26)(26)(21)(7)(1)
Comprehensive income (loss), net of tax, attributable to parent:(94)49180993443147

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: