Charter Reports Mixed Q2 2026: Revenue & EBITDA Down, Internet Subscribers Decline, Mobile Grows, $838M Buyback
CHTR is trading near its 52-week low of $123.16 (3.9% above the low) on elevated volume (1.9× avg).
Summary
Charter Communications reported mixed Q2 2026 results, with revenue and Adjusted EBITDA declining, and internet customer losses accelerating. Strong mobile line growth and significant share buybacks helped boost EPS, but core business trends remain challenged.
Key Events · Earnings and Guidance · CHTR
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Revenue and Adjusted EBITDA Decline
Second quarter revenue decreased by 1.7% year-over-year to $13.5 billion, and Adjusted EBITDA declined 4.3% to $5.4 billion.
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Internet Customer Losses Accelerate
Spectrum Internet customers declined by 172,000 in Q2 2026, a worsening trend compared to a 116,000 decline in Q2 2025.
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Strong Mobile Line Growth
The company added 406,000 Spectrum Mobile lines, bringing the total to 12.5 million.
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Significant Share Buybacks Boost EPS
Charter purchased 4.0 million shares for $838 million during the quarter, contributing to a 13.1% decrease in basic weighted average common shares outstanding and an increase in EPS to $10.76.
Analysis · CHTR · Technology
Charter Communications reported a mixed second quarter, with revenue declining 1.7% to $13.5 billion and Adjusted EBITDA falling 4.3% year-over-year to $5.4 billion. The company continued to lose internet customers, with a decrease of 172,000, and overall customer relationships also declined. However, Spectrum Mobile lines saw strong growth, adding 406,000. Despite the revenue and EBITDA declines, net income per basic common share increased to $10.76, primarily driven by the repurchase of 4.0 million shares for $838 million during the quarter. These results come as the stock trades near its 52-week low, highlighting challenges in core services despite efforts to boost shareholder value through buybacks.
At the time of this filing, CHTR was trading at $128.00 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.