Charter Q2 2026: Revenue slips 1.7%, internet losses persist, but mobile growth and buybacks lend support
CHTR is trading near its 52-week low of $123.16 (2.7% below the low) on elevated volume (1.9× avg).
Summary
Charter Communications posted Q2 2026 results marked by a 1.7% revenue decline and 172,000 internet customer losses, balanced by 406,000 mobile line additions and $838M in share repurchases. The company is managing competitive headwinds while advancing major M&A transactions.
Key Events · Earnings and Guidance · CHTR
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Revenue and Earnings Decline
Second-quarter revenue contracted 1.7% to $13.53B, while net income attributable to Charter shareholders came in at $1.29B, or $10.76 per share, down from $1.30B a year ago. Adjusted EBITDA fell 4.3% to $5.45B.
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Subscriber Trends Mixed
Residential internet customers shrank by 172,000, even as mobile lines expanded by 406,000. Video and voice subscribers also declined, underscoring persistent cord-cutting and competitive pressures.
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Capital Returns and Debt Management
Charter repurchased $838M of stock in the second quarter and $1.88B in the first half of 2026. It also retired $1.2B of debt at a gain, reducing leverage. The remaining buyback authorization stands at $365M.
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M&A Integration Progress
The Cox Transactions and Liberty Broadband combination are advancing, with $4.2B in cash required at closing. Charter incurred $65M in transition expenses and extended a $359M loan to Liberty Broadband.
Analysis · CHTR · Technology
Charter's second quarter paints a mixed picture. Revenue and Adjusted EBITDA fell year over year, pressured by ongoing internet subscriber losses and rising costs, yet mobile line growth remained robust and aggressive share buybacks lifted EPS. The company is navigating a fiercely competitive broadband market while laying the groundwork for the transformative Cox Transactions and Liberty Broadband combination. Although the stock hovers near 52-week lows—reflecting market unease over subscriber trends—the buyback program and proactive debt management signal confidence in long-term value creation.
At the time of this filing, CHTR was trading at $119.83 on NASDAQ in the Technology sector, with a market capitalization of approximately $17.5B. The 52-week trading range was $123.16 to $402.15. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.