Charter Communications reported second quarter 2026 revenue of $13.5 billion, a decline of 1.7% year-over-year, as the company continued to face pressure on its core internet business. Adjusted EBITDA also fell 4.3% to $5.4 billion, reflecting the revenue decline and flat operating expenses.
Key Highlights
- Internet customers declined by 172,000, an acceleration from the 116,000 loss in the same quarter last year and worse than analyst expectations.
- The mobile segment remained a bright spot, adding 406,000 lines to reach a total of 12.5 million. Mobile service revenue grew 18.9% year-over-year.
- Revenue from the core Internet segment fell 3.2% year-over-year, while video revenue declined 9.7%, driven by customer losses and a higher mix of lower-priced packages.