Quarterly ResultJul 24, 2026, 07:06 AM
Charter Q2 EPS $10.66, Up 16.1%; Continues Share Buybacks
AI Summary
Charter Communications reported Q2 2026 diluted EPS of $10.66, a 16.1% increase year-over-year, despite a slight revenue decline to $13.53 billion. Net income attributable to shareholders was $1.29 billion. The company continued its share repurchase program, buying back $1.88 billion in stock during the first six months of 2026. Strategic developments include the ongoing Cox Transactions, which involve a significant acquisition and equity issuance, and debt management activities.
Key Highlights
- Diluted EPS for Q2 2026 increased 16.1% to $10.66.
- Total revenues for Q2 2026 were $13.53 billion, down 1.7% year-over-year.
- Net income attributable to Charter shareholders for Q2 2026 was $1.29 billion.
- Repurchased $1.88 billion of common stock in the first six months of 2026.
- Long-term debt decreased to $92.96 billion as of June 30, 2026.
- Mobile service revenue grew 17.0% to $2.15 billion for the six months.
- Cox Transactions involve a $3.5 billion cash payment and $6.0 billion preferred units.
- Remaining share buyback authority of $365 million as of June 30, 2026.
Price Impact
More from CHTR