| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 13.5K | 0.5% | 1.7% |
| Total Income | 13.5K | 0.5% | 1.7% |
| Expenditure | 10.5K | 0.7% | 0.2% |
| PBT | 2.0K | 9.3% | 4.7% |
| Net Profit | 1.3K | 11.1% | 0.7% |
| OPM | 22.64% | 0.95pp | 1.18pp |
| NPM | 9.55% | 1.00pp | 0.10pp |
| EPS | 10.76 | 16.1% | 14.3% |
Charter Communications Announces Second Quarter 2026 Results
24 Jul 2026 · 24 Jul, 4:36 pm
Summary
Charter Communications reported second quarter 2026 revenue of $13.5 billion, a 1.7% decrease year-over-year, largely due to lower residential video revenue. Net income attributable to shareholders was $1.3 billion, down 0.7% from the prior year. Adjusted EBITDA decreased by 4.3% to $5.4 billion. Despite a decline in internet customers, the company saw significant growth in mobile lines, increasing by 15.5% year-over-year. Management emphasized a strategy focused on delivering the best products, value, and service to drive customer and shareholder value.
Key Highlights
- 1
Second quarter revenue of $13.5 billion declined 1.7% year-over-year, primarily driven by lower residential video revenue.
- 2
Net income attributable to Charter shareholders totaled $1.3 billion in the second quarter, a decrease of 0.7% year-over-year.
- 3
Second quarter Adjusted EBITDA of $5.4 billion declined 4.3% year-over-year.
- 4
Second quarter capital expenditures totaled $2.9 billion, a decrease of 0.1% year-over-year.
- 5
Second quarter free cash flow of $969 million declined 7.4% versus the prior year.
- 6
Spectrum Mobile lines increased by 406,000 in the second quarter, representing a 15.5% year-over-year increase.
- 7
Total Internet customers decreased by 172,000 in the second quarter.
Management Comments
Chris Winfrey
We operate in a competitive environment across all of our products, and our strategy for growing connectivity services is simple -- deliver the best products, at the best overall value, with the best service. We look forward to delivering the benefits of that strategy to Cox's customers and communities after the transaction closes. As the nation’s leading provider of converged connectivity services, Spectrum will have additional scale to develop new products with industry and technology partners. And by saving customers money with Spectrum products, serviced by 100% US-based employees -- we will drive customer and shareholder value for years to come.
Informational and educational content only. Not investment advice.