Altice USA Inc

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

OPTU$0.73-9.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets - December 31, 2024 and 2023 F-

CONSOLIDATED BALANCE SHEETS

	December 31,
	2024	2023
ASSETS
Current Assets:
Cash and cash equivalents	$256,534	$302,058
Restricted cash	290	280
Accounts receivable, trade (less allowance for credit losses of $24,232 and $21,915, respectively)	332,271	357,597
Prepaid expenses and other current assets ($314 and $407 due from affiliates, respectively)	141,897	174,859
Total current assets	730,992	834,794
Property, plant and equipment, net of accumulated depreciation of $8,762,014 and $8,162,442, respectively	8,414,632	8,117,757
Right-of-use operating lease assets	248,013	255,545
Other assets	94,403	195,114
Amortizable intangibles, net of accumulated amortization of $6,190,154 and $5,874,612, respectively	960,805	1,259,335
Indefinite-lived cable franchise rights	13,211,308	13,216,355
Goodwill	8,041,217	8,044,716
Total assets	$31,701,370	$31,923,616
LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current Liabilities:
Accounts payable	$971,499	$936,950
Interest payable	406,208	274,507
Accrued employee related costs	191,990	182,146
Deferred revenue	74,167	85,018
Debt	185,473	359,407
Other current liabilities ($26,944 and $71,523 due to affiliates, respectively)	425,459	470,096
Total current liabilities	2,254,796	2,308,124
Other liabilities	320,435	221,249
Deferred tax liability	4,455,840	4,848,460
Right-of-use operating lease liability	255,116	264,647
Long-term debt, net of current maturities	24,872,015	24,715,554
Total liabilities	32,158,202	32,358,034
Commitments and contingencies (Note 17)
Stockholders' Deficiency:
Preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued andoutstanding	—	—
Class A common stock: $0.01 par value, 4,000,000,000 shares authorized, 279,948,159 issued and 278,980,530 outstanding as of December 31, 2024 and 271,772,978 shares issued and outstanding as of December 31, 2023	2,799	2,718
Class B common stock: $0.01 par value, 1,000,000,000 shares authorized, 490,086,674 issued, 184,224,015 shares outstanding as of December 31, 2024 and 184,224,428 shares outstanding as of December 31, 2023	1,842	1,842
Class C common stock: $0.01 par value, 4,000,000,000 shares authorized, no shares issued and outstanding	—	—
Paid-in capital	233,953	187,186
Accumulated deficit	(703,993)	(601,075)
	(465,399)	(409,329)
Treasury stock, at cost (967,629 Class A common shares at December 31, 2024)	(10)	—
Accumulated other comprehensive loss	(3,826)	(12,851)
Total Altice USA stockholders' deficiency	(469,235)	(422,180)
Noncontrolling interests	12,403	(12,238)
Total stockholders' deficiency	(456,832)	(434,418)
Total liabilities and stockholders' deficiency	$31,701,370	$31,923,616

ContentsView on SEC.gov

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