Business Description
Cable One, Inc. is an American broadband communications provider that delivers high-speed internet, cable television, and voice services primarily under the Sparklight brand. Operating across 24 states, the company focuses on serving non-metropolitan, secondary markets where it often acts as the primary wired connection provider.
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Financials
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Revenue (FY2025)
$1.50B
YoY growth
-4.9%
Operating margin
-13.8%
Direction
—
Gross margin
73.9%
Net margin
-23.7%
Earnings Transcripts
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P. Robert Bartolo — Director
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Brad D. Brian — Director
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James A. Holanda — Chief Executive Officer and Director
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Deborah J. Kissire — Director
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Mary E. Meduski — Independent (Non-Executive) Chair of the Board
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Sherrese M. Smith — Director
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Wallace R. Weitz — Director
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Katharine B. Weymouth — Director
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Julia M. Laulis — Former Chair of the Board, President and Chief Executive Officer
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Kenneth E. Johnson — Chief Operating Officer
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Todd M. Koetje — Chief Financial Officer
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Megan M. Detz — Chief People Officer
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Anthony J. Mokry — Senior Vice President, Residential Services
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Christopher J. Arntzen — Senior Vice President, General Counsel and Secretary
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Acquisitions
Cable One, acquires Hargray (Hargray Acquisition Holdings, LLC) — remaining ~85% equity interest — Acquisition · 2021
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Cable One, acquires NewWave Communications (RBI Holding LLC) — Acquisition · 2017
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Cable One, acquires Fidelity Communications Co. (data, video and voice business) — Acquisition · 2019
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Cable One, acquires Clearwave Communications (Delta Communications, L.L.C.) — Acquisition · 2019
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Cable One, acquires CableAmerica (Cable America Missouri, LLC) — Acquisition · 2021
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Cable One, acquires Valu-Net LLC — Acquisition · 2020
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Share Repurchase Program
Total authorized
On May 20, 2022, the Board authorized up to $450.0 million of additional share repurchases (with no cap as to the number of shares of common stock), which was announced on May 23, 2022 (the "Share Repurchase Program"). Purchases may be made from time to time on the open market and in privately negotiated transactions.
Remaining (FY2025)
Approximately $143.1 million of authorization remained available under the Share Repurchase Program as of December 31, 2025.
Latest FY repurchased
Cable One did not repurchase any shares under the Share Repurchase Program in 2025 or 2024. Since becoming publicly traded in 2015 through the end of 2025, the company has repurchased 646,244 shares of its common stock at an aggregate cost of $556.9 million.
Named Competitors
Amazon Prime VideoApple TV+Disney+HBO MaxHuluNetflixParamount+PeacockYouTube TV
Recent SEC Filings
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