Quarterly ResultJul 24, 2026, 07:06 AM
Charter Q2 Revenue $13.5B, down 1.7%; Mobile Lines up 406K
AI Summary
Charter Communications reported mixed second-quarter 2026 results with total revenue declining 1.7% year-over-year to $13.5 billion, primarily due to lower residential video and internet revenue. Net income attributable to shareholders decreased slightly to $1.3 billion, while Adjusted EBITDA fell 4.3% to $5.4 billion. Despite these declines, the company saw strong growth in its mobile segment, adding 406,000 mobile lines, and basic EPS increased to $10.76 due to significant share repurchases totaling $838 million. The company also repurchased $1.2 billion in debt.
Key Highlights
- Q2 Revenue: $13.5 billion, a 1.7% decrease year-over-year.
- Q2 Net Income attributable to shareholders: $1.3 billion, down 0.7% year-over-year.
- Q2 Adjusted EBITDA: $5.4 billion, a 4.3% decrease year-over-year.
- Q2 Basic EPS: $10.76, up from $9.41 due to share repurchases.
- Spectrum Mobile lines increased by 406,000 in Q2, totaling 12.5 million.
- Spectrum Internet customers declined by 172,000 in Q2, totaling 29.4 million.
- Repurchased 4.0 million shares of common stock for $838 million.
- Repurchased $1.2 billion in debt for $1.0 billion cash.
Price Impact
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