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Overview
Sparklight provides broadband internet, advanced Wi‑Fi, cable TV, and phone service for households, plus scalable connectivity and communications products for small-to-mid‑market, enterprise, wholesale and carrier customers through Sparklight Business, and digital marketing and advertising services via Sparklight Advertising. It delivers these services over its own network, with home customers getting bundled packages and businesses receiving tailored connectivity and advertising options. It differentiates itself with a large geographic footprint and an integrated suite of consumer, business, and advertising services focused on scalable, cost‑effective solutions. Its goal is to connect customers to what matters by offering reliable connectivity and entertainment while supporting both households and businesses in their communication and marketing objectives.
About Cable One
Industries
Consumer Software
Enterprise Software
Company Size
1,001-5,000
Company Stage
Post IPO Equity
Headquarters
Phoenix, Arizona
Founded
1986
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Simplify's Take
What believers are saying
- Cable One reduced debt by $62.8 million in Q2 2026 and $130 million year-to-date.
- Digital and door-to-door sales produced roughly 35% of connects, up from under 10%.
- Sparklight Mobile and Wi-Fi 7 widen bundles and raise retention economics.
What critics are saying
- Q2 2026 revenue fell 8.5% to $348.9 million; broadband subscribers dropped 17,000.
- Gross debt reached $3.06 billion on June 30, 2026, versus $166.2 million cash.
- Starlink, fiber overbuilds, and FWA can erase Cable One’s rural franchise by 2027.
What makes Cable One unique
- Sparklight serves 24 states, with rural density few cable rivals match.
- Cable One uses pricing, retention tools, and door-to-door sales to fight churn.
- Heather McCallion’s August 24, 2026 COO role targets operations and digital transformation.
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Funding
Total Funding
$10.5M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Paid Vacation
401(k) Company Match
Tuition Reimbursement
Growth & Insights and Company News
6 month growth
↑ 7%1 year growth
↑ 7%2 year growth
↑ 11%Heather McCallion named COO of Cable One. Heather McCallion is set to join Cable One as COO later this month. She most recently served as chief experience officer at WideOpenWest. #pressrelease August 14, 2026 Cable One, Inc. (NYSE: CABO) (the "Company" or "Cable One"), a leading broadband communications provider serving residential and business customers across 24 states, today announced the appointment of Heather McCallion as Chief Operating Officer, with an expected start date of August 24, 2026. As COO, McCallion will lead Cable One's operational strategy and execution, overseeing residential sales and marketing, customer experience, customer care, field operations and digital transformation across all regions. She will be responsible for executing the company's long-term strategy while advancing operational excellence across the organization. McCallion brings more than 25 years of executive leadership experience driving business transformation and growth across broadband and telecommunications companies. Most recently, she served as Chief Experience Officer at WideOpenWest, Inc. ("WOW!"). Prior to joining WOW!, she held several executive leadership roles at Breezeline (formerly Atlantic Broadband), including Vice President, General Manager of the company's Florida markets and Vice President of New Business & Business Transformation. Want more Light Reading stories in your Google search results? Join 62,000+ members. Yes it's completely free.
Cable One reported declining second-quarter 2025 results, with revenue falling 8.5% year-over-year to $348.9 million and adjusted EBITDA dropping to $173.5 million. Free cash flow decreased to $99.5 million from $134.8 million. The company lost 17,000 residential broadband customers amid heightened fibre competition. CEO Jim Holanda said customer retention is the top operational priority. Cable One is responding with targeted pricing, retention tools, speed upgrades, and expanded sales channels. The company expects most customers to have access to multi-gigabit infrastructure by year-end. Cable One reduced debt by nearly $130 million in the first half and is evaluating additional financing and asset-monetisation options.
Cable One reported Q2 2026 total revenue of $348.9 million, down from $381.1 million year-over-year. Residential data revenue fell $16.7 million (7.3%), driven by a 6.6% subscriber decrease, whilst business data revenue declined $3.8 million (6.6%). Adjusted EBITDA came in at $173.5 million, representing 49.7% of revenues, compared to $203.2 million (53.3%) in Q2 2025. Capital expenditures reached $74 million, or 42.7% of adjusted EBITDA. The company reduced debt balances by $63 million during the quarter, including nearly $60 million through voluntary repurchases at discounts. Cash and equivalents stood at $166.2 million, with gross debt totalling $3.06 billion and a net leverage ratio of 4.2 times. Digital and door-to-door sales channels now account for roughly 35% of quarterly connects, up from less than 10% a year ago.
Cable One reported Q2 2026 revenue of $348.9 million, meeting Wall Street expectations but falling 8.4% year-on-year. The internet, cable TV, and phone provider posted a GAAP loss of $204.35 per share, significantly below analyst estimates of $4.91, primarily due to non-cash asset impairment charges of $462.3 million. The company's adjusted EBITDA of $173.5 million narrowly missed estimates of $176.1 million. Residential data subscribers declined by 62,000 year-on-year, continuing a trend of subscriber losses. Cable One's free cash flow margin decreased to 13.4% from 20.1% in the prior-year quarter. The company's market capitalisation stands at $246 million. Looking ahead, analysts project 7.9% revenue growth over the next 12 months, though this remains below the sector average.
Cable One reported Q1 revenues of $353 million, down 7.3% year on year and missing analyst expectations by 1.8%. The company also missed adjusted operating income estimates, marking a weak quarter overall. Among seven consumer discretionary wireless, cable and satellite stocks tracked, Cable One delivered the weakest performance against analyst estimates and slowest revenue growth. As a group, these companies reported mixed Q1 results with revenues in line with consensus estimates. The market reacted negatively to Cable One's results, with shares falling 52.9% since reporting. The stock currently trades at $43.05. The broader group has also struggled, with share prices down an average of 19.3% since latest earnings.
Cable One is Hiring for 115 Jobs on Simplify!
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About Cable One
Industries
Consumer Software
Enterprise Software
Company Size
1,001-5,000
Company Stage
Post IPO Equity
Headquarters
Phoenix, Arizona
Founded
1986
Cable One is Hiring for 115 Jobs on Simplify!
Find jobs on Simplify and start your career today