Form 10-Q · Quarterly report

Charter Communications 10-Q, filed Nov 6, 2026

Filed
CIK
0001091667
Accession no.
0001091667-26-000073
AI-generated summary

Summary

Charter Communications reported third-quarter 2026 revenue of $14.9 billion, up 9.1% year over year, and a $3.5 billion operating loss after a $6.3 billion non-cash franchise impairment, as it integrated Cox Communications and announced a new operating model. Legacy Charter lost 156,000 Internet customers in the quarter while adding 440,000 mobile lines.

Key points

  • Charter closed the Cox Transactions, adding about 5.4 million residential customers and becoming the nation's leading Internet and video provider, passing more than 70 million homes and businesses across the United States.
  • Legacy Charter lost 156,000 Internet customers in the third quarter of 2026, while legacy Charter mobile lines grew by 440,000.
  • Charter recorded a $6.3 billion pre-tax non-cash franchise impairment charge in the third quarter of 2026 after a sustained decline in its stock price.
  • Charter announced a new operating model targeting an additional $2 billion of annualized run-rate operating expense savings over the next 18 months, in addition to more than $1 billion of expected Cox Transactions synergies.

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 With the closing of the Cox Transactions, we added approximately 5.4 million residential customers becoming the nation’s leading Internet and video provider, passing more than 70 million homes and businesses across the United States. In September 2026, we began offering the full suite of Spectrum residential and small business products across the Cox Communications footprint. The competitive environment continued to challenge our Internet customer growth in the third quarter of 2026 with legacy Charter losing 156,000 Internet customers. …

An excerpt of the text as filed with the SEC, cut for length.

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