Charter Communications, Inc. Earnings Recaps
Q2 2026
Jul 26, 2026
Charter's shares declined 2.5% following earnings, reflecting continued headwinds from decelerating broadband customer additions and margin pressure, despite ongoing mobile growth and cost management efforts.
Key takeaways
- Added 400,000 Spectrum Mobile lines in Q2, totaling 1.7 million lines over 12 months, driving 16% growth in mobile.
- Internet customer loss worsened to 172,000, higher than last year and continuing the trend from Q1, weighing on revenue, which fell 1.7% year-over-year.
- EBITDA declined 3.2% excluding Cox transition costs, pressured by softer Internet additions and competition.
- Management emphasized stable churn supported by bundling mobile and video, with mobile penetration at 20% of Internet customers and scope to grow.
- Outlook calls for capital expenditure reduction and expected EBITDA benefit in H2 from Internet price increases, political advertising, AI-driven cost savings, and cost controls.