From AT&T to Shentel: Tracking broadband earnings in Q4 2025

Lightwave tracks the performance of key players in the broadband industry during the fourth quarter of 2025.  

The fourth quarter of the 2025 earnings reporting season has begun, and Lightwave will track how key players in the broadband industry performed. 

Please check here for updates on this segment's providers, vendors and integrators. 

You can also check out how Lightwave tracks the fourth quarter of 2025 results of the major players in the optical networking industry.

Also, check out our coverage of Q4 2023, Q1 2024, Q2 2024, Q3 2024, Q4 2024, and Q1 2025, Q2 2025 and Q3 broadband earnings.

January 14

Ekinops
www.ekinops.com
Ekinops reported consolidated revenue of $30 million, down 14% year over year.
- see our coverage

January 28

AT&T
www.att.com
AT&T reported 2025 revenues of $125.6 billion, up 2.7% from $122.3 billion in 2024, up 2.7% due to strong mobility and consumer wireline growth.
- see our broadband coverage
- see our business services coverage

Corning
www.corning.com
Corning reported Optical Communications fourth quarter sales were $1.7 billion, up 24% year-over-year.
- see our coverage

January 29

Comcast
www.comcast.com
Comcast reported fourth-quarter revenues of $32.31 billion, missing the $32.4 billion expected by Wall Street analysts.
- see our business services coverage 

January 30

Verizon
www.verizon.com
Verizon reported total operating revenue of $138.2 billion in 2025, up from $134.8 billion in 2024. In 2025, consolidated net income was $17.6 billion, and consolidated adjusted EBITDA was $50 billion.
- see our coverage

February 4 

Clearfield
www.seeclearfield.com
Driven by a rise in Community Broadband, which is emerging from the negative overhang that has resulted from years-long delays in the BEAD program, Clearfield’s net sales for the first quarter of fiscal 2026 were $34.3 million, up 16% from $29.7 million in the prior year period.
- see our
coverage

February 5 

Ribbon Communications
www.ribboncommunications.com
Ribbon Communications reported that fourth-quarter 2025 revenue was $227 million, down from $251 million for the fourth quarter of 2024.
- see our coverage 

Adtran
www.adtran.com
-see our coverage
Adtran’s fourth quarter revenues were $291.6 million, up 20.1% year-over-year and sequential growth of over 4%, surpassing the high end of its original guidance.

February 26

Cable One
www.cableone.com
For the fourth quarter of 2025, Cable One’s total revenues were $363.7 million compared to $387.2 million for the fourth quarter of 2024, down 6.1% year-over-year due to declines in residential data and video.
- see our broadband coverage
- and our business services coverage 

Shentel
www.shentel.com
Driven by another quarter of strong Glo Fiber expansion market revenue growth of $6.5 million or 39%, Shentel’s fourth quarter revenues grew 7.2% to $91.6 million.
- see our coverage 

Vistance Networks
www.vistancenetworks.com

March 2 

Uniti
www.uniti.com

March 4

Dycom
www.dycomind.com
For the quarter, Dycom delivered $1.46 billion in revenue, an increase of 34.4% compared to the fourth quarter of fiscal year 2025.
- see our broadband coverage
- and our data center coverage

 

About the Author

Sean Buckley

Sean Buckley

Sean is the Editor-in-Chief of Lightwave. He establishes and executes Lightwave's editorial strategy across its website, email newsletters, events, and other information products. Before coming to Lightwave in July 2023, he served as editor of Broadband Communities. Earlier, he served as senior editor of FierceTelecom and the editor of the former Telecommunications Magazine. He got his start in the optical industry in 1998 when he became the editor of enterprise and optical networks at Information Gatekeepers. He has a BA in English from the University of Massachusetts, Boston, and lives in Dracut, Mass, with his wife, two sons, and his cat, Dove. 

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