Form 10-Q · Quarterly report
Charter Communications 10-Q, filed Jul 24, 2026
- Filed
- CIK
- 0001091667
- Accession no.
- 0001091667-26-000052
Summary
Charter Communications lost 172,000 Internet customers in the second quarter of 2026 while adding 406,000 mobile lines, as revenue fell 1.7% to $13.53 billion and Adjusted EBITDA declined 4.3% to $5.45 billion. The company attributed part of the EBITDA decline to transition expenses as it prepares to integrate Cox Communications, and said it is monitoring whether a recent drop in its stock price reflects a sustained decline in the value of its franchises and goodwill.
Key points
- Second-quarter revenue fell 1.7% year over year to $13.53 billion, with Adjusted EBITDA down 4.3% to $5.45 billion and income from operations down 6.5% to $3.06 billion.
- Total customer relationships declined to 31.50 million from 32.06 million a year earlier, and Internet customers fell to 29.39 million from 29.91 million.
- Mobile lines rose to 12.54 million from 10.86 million, and mobile service revenue grew 18.9% to $1.10 billion.
- Charter spent $391 million on its subsidized rural construction initiative in the quarter, activating about 127,000 subsidized rural passings.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview The competitive environment continued to challenge our Internet customer growth in the second quarter of 2026 and we lost 172,000 Internet customers. Mobile lines grew by 406,000 while video customer losses improved versus the prior year period driven by improvements to our product offerings with customers finding value in bundling our seamless connectivity and entertainment products. Our core strategy is to deliver great products, at a great value, while continuously improving service. …
An excerpt of the text as filed with the SEC, cut for length.
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