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WOW

WideOpenWest, Inc.

WOW

WideOpenWest, Inc. • NYSE
$5.18 ▲ 0.19% (+0.01)
Market Cap $443.95 M
52w High $5.33
52w Low $3.06
Dividend Yield 0%
P/E -5.45
Volume 99.53K
Outstanding Shares 85.70M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $144M ▼ $89.3M ▲ $-35.7M ▼ -24.792% ▼ $-0.43 ▼ $50.7M ▼
Q2-2025 $144.2M ▼ $86.6M ▲ $-17.8M ▼ -12.344% ▼ $-0.21 ▼ $53.3M ▼
Q1-2025 $150M ▼ $82.3M ▼ $-13.9M ▼ -9.267% ▼ $-0.17 ▼ $60.8M ▲
Q4-2024 $152.6M ▼ $95.2M ▲ $-10.6M ▲ -6.946% ▲ $-0.13 ▲ $46.7M ▼
Q3-2024 $158M $93.1M $-22.4M -14.177% $-0.27 $57.9M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $22.9M ▼ $1.507B ▲ $1.359B ▲ $148M ▼
Q2-2025 $31.8M ▲ $1.502B ▼ $1.321B ▲ $180.9M ▼
Q1-2025 $28.8M ▼ $1.502B ▼ $1.306B ▲ $196M ▼
Q4-2024 $38.8M ▲ $1.512B ▲ $1.304B ▲ $208.8M ▼
Q3-2024 $21.6M $1.494B $1.278B $216.6M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-35.7M ▼ $39M ▲ $-52.2M ▼ $4.3M ▼ $-8.9M ▼ $-13.5M ▼
Q2-2025 $-17.8M ▼ $36.1M ▲ $-47.8M ▼ $14.7M ▲ $3M ▲ $-11.8M ▲
Q1-2025 $-13.9M ▼ $16.7M ▼ $-37.7M ▲ $11M ▼ $-10M ▼ $-22.2M ▼
Q4-2024 $-10.6M ▲ $30.9M ▼ $-51.7M ▼ $38M ▲ $17.2M ▲ $-20.8M ▼
Q3-2024 $-22.4M $46.2M $-40.4M $-4.9M $900K $5.7M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
High Speed Data Services
High Speed Data Services
 $170.00M ▲$90.00M ▼$90.00M ▲$90.00M ▲
Other Business Services
Other Business Services
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Subscription Services
Subscription Services
 $290.00M ▲$140.00M ▼$130.00M ▼$130.00M ▲
Telephony Services
Telephony Services
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Video Services
Video Services
 $50.00M ▲$20.00M ▼$20.00M ▲$10.00M ▼
Wholesale And Collocation Revenue
Wholesale And Collocation Revenue
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement WOW’s revenue has been drifting down over the past few years, reflecting a smaller footprint and a business in transition rather than a clear growth story so far. The core service economics look reasonable, with a solid gap between what it earns from customers and its direct costs, but that strength is being eaten into by overhead, interest, and the cost of change. Profitability has been choppy: the company has swung between modest profits and losses, including a notably weak year recently, and has only just returned to a slim operating profit. Net results are still slightly in the red, which suggests the turnaround and broadband‑first strategy are not yet fully showing up as steady bottom‑line gains.

Balance Sheet

Balance Sheet The balance sheet shows a company that has slimmed down over time, with total assets shrinking as systems are sold or written down. Cash on hand is quite low, leaving only a thin buffer against surprises. Debt remains sizable compared with the equity in the business, even though borrowings have been reduced from earlier peaks. Shareholder equity has moved from negative to positive territory, but it is still relatively small, meaning there is only a modest cushion if results disappoint. Overall, the balance sheet looks stretched but not broken, with limited room for major missteps.

Cash Flow

Cash Flow WOW consistently generates positive cash flow from its operations, which is a good sign that the underlying services business is viable. However, heavy and ongoing investment in network build‑out and upgrades means that free cash flow has been negative in most recent years. In practice, this means the company has been relying on debt or past asset sales to finance growth and modernization. The story here is an infrastructure company still in investment mode, where cash is being plowed back into the network in hopes of stronger future returns, but with limited margin for error if operating cash flow slows or financing becomes more expensive.

Competitive Edge

Competitive Edge WOW is a smaller, regional broadband player competing in an arena dominated by national cable, telecom, and wireless operators. Its main edge is a targeted focus on underserved or less crowded markets, where it can be an early or first all‑fiber provider and win customers before larger rivals fully arrive. Customer‑friendly policies like no long‑term contracts and no data caps, plus an emphasis on service quality, help differentiate it from some bigger incumbents. On the other hand, its limited scale, high capital needs, and the threat from both large fiber players and fixed wireless offerings leave it exposed to price pressure and market share battles. The company’s position is therefore niche but potentially defensible if it executes well in its chosen territories.

Innovation and R&D

Innovation and R&D WOW’s “R&D” is really about network technology and product strategy rather than labs and patents. It is investing heavily in all‑fiber build‑outs in new markets and testing cutting‑edge cable standards like DOCSIS 4.0 in existing areas, aiming to deliver multi‑gigabit, symmetrical broadband that can stand toe‑to‑toe with modern fiber competitors. Strategically, it has leaned into a broadband‑first model, stepping back from traditional TV and instead bundling internet with streaming through partners like YouTube TV, which reduces video complexity while still offering a full entertainment package. These moves show a clear effort to future‑proof the network and simplify the product set, but they come with execution risk: large upfront spending, uncertain customer uptake in new build areas, and a constant technology race against much bigger rivals.

Summary

WOW is in the middle of a major shift from being a traditional cable company to becoming a focused, broadband‑centric infrastructure provider. The income statement reflects this transition: revenue has moved lower and profits are uneven, with only a thin operating profit and small net losses recently. The balance sheet and cash flows tell a similar story of a capital‑intensive business: leverage is still high, cash is tight, and most of the operating cash generated is being reinvested into network expansion and upgrades, leaving free cash flow mostly negative. Strategically, WOW is betting on fiber expansion into selected markets, technology upgrades, and a streaming‑aligned product mix to carve out a niche against much larger competitors. The long‑term outcome will largely depend on how quickly and efficiently it can turn those network investments into durable subscriber growth and more stable profitability, while managing its debt load and navigating an aggressively competitive broadband landscape.

NEWS

November 17, 2025 · 9:55 AM UTC

WOW Alert: Monsey Firm of Wohl & Fruchter Renews Investigation Into the Proposed Sale of WideOpenWest to DigitalBridge Group and Crestview Partners

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November 6, 2025 · 12:38 PM UTC

Johnson Fistel Investigates Potential Board Fiduciary Duty Breaches in the WideOpenWest Buyout by DigitalBridge and Crestview Partners

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November 5, 2025 · 7:00 AM UTC

WOW! REPORTS THIRD QUARTER 2025 RESULTS

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November 4, 2025 · 4:13 PM UTC

WideOpenWest Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of WideOpenWest, Inc. - WOW

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November 4, 2025 · 11:30 AM UTC

WideOpenWest, Inc., to Announce Third Quarter 2025 Financial Results

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