CHTR Filings — Charter Communications, Inc. - FilingSpy
CHTR
Charter Communications, Inc.
A US cable and broadband company that offers internet, mobile, TV, and voice services under the Spectrum brand to homes and businesses across dozens of states. Founded in 1993 by three former cable executives, it became a nationwide powerhouse after a 2016 deal absorbing Time Warner Cable and Bright House Networks. Fun fact: it was once owned by Microsoft co-founder Paul Allen, who bought it in 1998 and merged it with Marcus Cable.
Q2 2026 revenue fell 1.7% to $13.5B as video and Internet customers declined and Cox costs rose
fell for a second straight quarter. Revenue declined 1.7% to $13.5B and fell 4.3% to $5.4B as fewer video and Internet customers and $65M in Cox transition expenses weighed on results, while was not reported for the quarter. The Cox acquisition and continued customer losses leave Charter managing a mix shift toward mobile against a shrinking core.
Key takeaways
decreased 1.7% to $13.5B, primarily from a higher and fewer customer relationships, partly offset by mobile line growth.
fell 4.3% to $5.4B, driven by lower video and Internet customers and $65M in Cox transition expenses.
Residential Internet fell 3.2% on a 510K customer decline, while mobile service revenue rose 18.9% on 1.6M net line additions.
Section summaries
Management's Discussion and Analysis
Revenue fell 1.7% to $13.5B and Adjusted EBITDA fell 4.3% to $5.4B, driven by lower video and Internet customers and higher Cox integration costs.
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Total decreased 1.7% to $13.5B, primarily due to a higher seamless entertainment allocation and fewer customer relationships, partly offset by mobile line growth.
Video dropped 9.7% as a $184M increase in and a shift to lower-priced packages more than offset rate adjustments.
decreased to $969M from $1.05B, pressured by lower and higher for network evolution and rural construction.
Charter expects full-year 2026 of ~$11.4B and plans to fund the $4.2B cash portion of the with liquidity and .
What changed
Q1 2026 flagged the 455K residential Internet customer decline to watch; Q2 shows the loss widened to 510K, confirming the trend continued rather than stabilized.
Q1 2026 was $1.4B; Q2 free cash flow fell to $969M, a sequential drop as rose and declined.
FY 2025 flagged 2026 of about $11.4B and resulting against $4.4B; Q2 reaffirms ~$11.4B capex and free cash flow is tracking below the prior year quarter's $1.05B.
FY 2025 flagged regulatory approval and closing of the ; Q2 reports $65M in Cox transition expenses and the $4.2B cash funding plan, with no closing announced.
FY 2025 set a new long-term target of 3.5–3.75x after the ; Q2 risk factors restate the 2025 annual report with no material change.
What to watch
Q3 2026 residential Internet customer losses after the 510K Q2 decline to see if the trend widens or stabilizes.
Q3 2026 against $969M as full-year of ~$11.4B continues and $4.2B Cox cash funding begins.
Regulatory approval and closing of the , including the $4.2B cash commitment and assumed debt.
movement toward the 3.5–3.75x target as the proceeds.
Residential Internet fell 3.2% on a 510K customer decline, while mobile service revenue rose 18.9% on 1.6M net line additions.
Video dropped 9.7% as a $184M increase in seamless entertainment allocation and a shift to lower-priced packages more than offset rate adjustments.
Operating costs fell only slightly as a $218M programming cost decline was largely offset by $186M in higher other costs of and $65M in Cox transition expenses.
decreased to $969M from $1.05B, pressured by lower and higher , including network evolution and rural construction.
Charter expects full-year 2026 of ~$11.4B and plans to fund the $4.2B cash portion of the with liquidity and .
Quantitative and Qualitative Disclosures About Market Risk
There have been no material changes to the interest rate risk as previously disclosed in Part II, Item 7A of our Annual Report on Form 10-K for the year ended December 31, 2025.
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There have been no material changes to the interest rate risk as previously disclosed in Part II, Item 7A of our Annual Report on Form 10-K for the year ended December 31, 2025.
See Note 20 to our Annual Report on Form 10-K for the year ended December 31, 2025 for a discussion of legal proceedings. Within this section, we use a threshold of $1 million in disclosing environmental proceedings involving a governmental authority, if any.
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See Note 20 to our Annual Report on Form 10-K for the year ended December 31, 2025 for a discussion of legal proceedings. Within this section, we use a threshold of $1 million in disclosing environmental proceedings involving a governmental authority, if any.
Our Annual Report on Form 10-K for the year ended December 31, 2025 includes "Risk Factors" under Item 1A of Part I. There have been no material changes from the risk factors described in our Form 10-K.
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Our Annual Report on Form 10-K for the year ended December 31, 2025 includes "Risk Factors" under Item 1A of Part I. There have been no material changes from the risk factors described in our Form 10-K.