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Charter Communications Reports Second Quarter 2026 Results

STAMFORD, Conn., July 24, 2026 – Charter Communications, Inc., which operates under the Spectrum brand, disclosed its financial and operational outcomes for the three and six-month periods ending on June 30, 2026. The company has demonstrated notable growth in its mobile operations amidst a downward trend in its traditional Internet and video customer bases.

Financial Performance Overview

• - Mobile Lines Growth: Charter achieved a significant increase of 406,000 Spectrum MobileTM lines in the second quarter, rising to a total of 12.5 million mobile lines, marking a 15.5% year-over-year growth rate.
• - Internet Customer Decline: However, the company's Spectrum Internet® service experienced a reduction of 172,000 customers, resulting in a total of 29.4 million Internet subscribers.
• - Video Services Reduction: Video service customers also saw a slight decline of 21,000 in Q2, bringing total video customers to 12.5 million
• - Customer Relationships and Connectivity: As of June 30, 2026, Charter reported a cumulative customer relationships total of 31.5 million and 30.4 million connectivity customers.

Revenue and Earnings

Charter reported total revenues of $13.5 billion, showing a decline of 1.7% year-over-year, driven primarily by lower residential video revenue and evolving competitive dynamics. Despite these challenges, the company's net income attributable to shareholders remained steady at $1.3 billion, with Adjusted EBITDA dropping by 4.3% year-over-year to $5.4 billion.

Strategic Moves and Future Outlook

• - Enhanced Services: Charter has continued its push to enhance its services, with products like the Invincible WiFiTM, which offers tri-band WiFi 7 routers integrating 5G capabilities, as part of its strategy to provide reliable service amid increased service demands.
• - Cost Management: Capital expenditures for the quarter totalled $2.9 billion, as the company aims to maintain competitive edges through strategic investments in technology and infrastructure.
• - Share Repurchase Initiatives: In line with optimizing shareholder value, Charter repurchased 4 million shares of its Class A common stock for $838 million during the quarter.

Leadership Insights

President and CEO Chris Winfrey remarked, “We operate in a highly competitive environment. Our growth strategy focuses on delivering superior products and value, which we believe will benefit our current and future customer base. Following the completion of our anticipated transaction with Cox, we expect to leverage this scale for further innovation and service enhancements.”

The company is also collaborating with local and federal governments to expand reach into underserved areas, aiming to activate 127,000 subsidized rural passings during this quarter.

Charter’s performance reflects not only its resilience in the current telecommunications landscape but also its commitment to evolve in response to customer needs and market shifts. As the company looks toward the remainder of 2026, it remains focused on enhancing customer satisfaction and driving growth through innovation and partnerships. The management will discuss these insights further in the upcoming financial webcast for analysts and investors.

For detailed financial data and customer growth statistics, visit Charter's Investor Relations.