FULLTEXT DEL 1 AV 1
10-Q – 2026-07-24 – 0001091667-26-000052-xbrl.zip
chtr-20260630 0001091667 --12-31 2026 Q2 FALSE 119,277,492 126,631,549 http://fasb.org/us-gaap/2026#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2026#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2026#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2026#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2026#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2026#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2026#OtherOperatingIncomeExpenseNet xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:GBP 0001091667 2026-01-01 2026-06-30 0001091667 us-gaap:CommonClassAMember 2026-06-30 0001091667 us-gaap:CommonClassBMember 2026-06-30 0001091667 2026-06-30 0001091667 2025-12-31 0001091667 us-gaap:CommonClassAMember 2025-12-31 0001091667 us-gaap:CommonClassBMember 2025-12-31 0001091667 2026-04-01 2026-06-30 0001091667 2025-04-01 2025-06-30 0001091667 2025-01-01 2025-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2025-12-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2025-12-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-12-31 0001091667 us-gaap:RetainedEarningsMember 2025-12-31 0001091667 us-gaap:TreasuryStockCommonMember 2025-12-31 0001091667 us-gaap:ParentMember 2025-12-31 0001091667 us-gaap:NoncontrollingInterestMember 2025-12-31 0001091667 us-gaap:RetainedEarningsMember 2026-01-01 2026-03-31 0001091667 us-gaap:ParentMember 2026-01-01 2026-03-31 0001091667 us-gaap:NoncontrollingInterestMember 2026-01-01 2026-03-31 0001091667 2026-01-01 2026-03-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2026-01-01 2026-03-31 0001091667 us-gaap:TreasuryStockCommonMember 2026-01-01 2026-03-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2026-03-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2026-03-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2026-03-31 0001091667 us-gaap:RetainedEarningsMember 2026-03-31 0001091667 us-gaap:TreasuryStockCommonMember 2026-03-31 0001091667 us-gaap:ParentMember 2026-03-31 0001091667 us-gaap:NoncontrollingInterestMember 2026-03-31 0001091667 2026-03-31 0001091667 us-gaap:RetainedEarningsMember 2026-04-01 2026-06-30 0001091667 us-gaap:ParentMember 2026-04-01 2026-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2026-04-01 2026-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2026-04-01 2026-06-30 0001091667 us-gaap:TreasuryStockCommonMember 2026-04-01 2026-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2026-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2026-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2026-06-30 0001091667 us-gaap:RetainedEarningsMember 2026-06-30 0001091667 us-gaap:TreasuryStockCommonMember 2026-06-30 0001091667 us-gaap:ParentMember 2026-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2026-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-12-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-12-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001091667 us-gaap:RetainedEarningsMember 2024-12-31 0001091667 us-gaap:TreasuryStockCommonMember 2024-12-31 0001091667 us-gaap:ParentMember 2024-12-31 0001091667 us-gaap:NoncontrollingInterestMember 2024-12-31 0001091667 2024-12-31 0001091667 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001091667 us-gaap:ParentMember 2025-01-01 2025-03-31 0001091667 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0001091667 2025-01-01 2025-03-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001091667 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2025-03-31 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2025-03-31 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001091667 us-gaap:RetainedEarningsMember 2025-03-31 0001091667 us-gaap:TreasuryStockCommonMember 2025-03-31 0001091667 us-gaap:ParentMember 2025-03-31 0001091667 us-gaap:NoncontrollingInterestMember 2025-03-31 0001091667 2025-03-31 0001091667 us-gaap:RetainedEarningsMember 2025-04-01 2025-06-30 0001091667 us-gaap:ParentMember 2025-04-01 2025-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2025-04-01 2025-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-04-01 2025-06-30 0001091667 us-gaap:TreasuryStockCommonMember 2025-04-01 2025-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2025-06-30 0001091667 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2025-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-06-30 0001091667 us-gaap:RetainedEarningsMember 2025-06-30 0001091667 us-gaap:TreasuryStockCommonMember 2025-06-30 0001091667 us-gaap:ParentMember 2025-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2025-06-30 0001091667 2025-06-30 0001091667 chtr:CoxEquitySaleMember 2026-06-30 0001091667 chtr:Cox1.00Member 2026-01-01 2026-06-30 0001091667 chtr:CoxEquitySaleMember 2026-01-01 2026-06-30 0001091667 chtr:CoxContributionMember 2026-01-01 2026-06-30 0001091667 chtr:ConvertiblePreferredUnitsMember chtr:CoxContributionMember 2026-06-30 0001091667 chtr:ConvertiblePreferredUnitsMember chtr:CoxContributionMember 2026-01-01 2026-06-30 0001091667 us-gaap:MemberUnitsMember chtr:CoxContributionMember 2026-01-01 2026-06-30 0001091667 us-gaap:CommonClassCMember chtr:Cox1.00Member 2026-01-01 2026-06-30 0001091667 chtr:MobileHandsetsMember 2026-06-30 0001091667 chtr:MobileHandsetsMember 2025-12-31 0001091667 chtr:SeniorUnsecuredNotesMember 2026-06-30 0001091667 chtr:SeniorUnsecuredNotesMember us-gaap:FairValueInputsLevel1Member 2026-06-30 0001091667 chtr:SeniorUnsecuredNotesMember 2025-12-31 0001091667 chtr:SeniorUnsecuredNotesMember us-gaap:FairValueInputsLevel1Member 2025-12-31 0001091667 chtr:SeniorSecuredNotesAndDebenturesMember 2026-06-30 0001091667 chtr:SeniorSecuredNotesAndDebenturesMember us-gaap:FairValueInputsLevel1Member 2026-06-30 0001091667 chtr:SeniorSecuredNotesAndDebenturesMember 2025-12-31 0001091667 chtr:SeniorSecuredNotesAndDebenturesMember us-gaap:FairValueInputsLevel1Member 2025-12-31 0001091667 chtr:CreditFacilitiesMember 2026-06-30 0001091667 chtr:CreditFacilitiesMember us-gaap:FairValueInputsLevel2Member 2026-06-30 0001091667 chtr:CreditFacilitiesMember 2025-12-31 0001091667 chtr:CreditFacilitiesMember us-gaap:FairValueInputsLevel2Member 2025-12-31 0001091667 chtr:TimeWarnerCableLLCMember chtr:A5.750SterlingSeniorNotesDueJune22031Member 2026-06-30 0001091667 chtr:TimeWarnerCableLLCMember chtr:A5.750SterlingSeniorNotesDueJune22031Member 2025-12-31 0001091667 chtr:TimeWarnerCableLLCMember chtr:A5.250SterlingSeniorNotesDueJuly152042Member 2026-06-30 0001091667 chtr:TimeWarnerCableLLCMember chtr:A5.250SterlingSeniorNotesDueJuly152042Member 2025-12-31 0001091667 chtr:CharterOperatingMember 2026-06-30 0001091667 chtr:CcoHoldingsMember chtr:A5.500SeniorSecuredNotesDueMay12026Member 2026-06-30 0001091667 chtr:CcoHoldingsMember chtr:A5.125SeniorSecuredNotesDueMay12027Member 2026-06-30 0001091667 chtr:CcoHoldingsMember 2026-01-01 2026-06-30 0001091667 chtr:OpenMarketRepurchaseProgramMember 2026-06-30 0001091667 chtr:OpenMarketRepurchaseProgramMember 2026-04-01 2026-06-30 0001091667 chtr:OpenMarketRepurchaseProgramMember 2026-01-01 2026-06-30 0001091667 chtr:EIPFinancingFacilityMember 2026-06-30 0001091667 chtr:EIPFinancingFacilityMember 2025-12-31 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember 2026-04-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember 2025-04-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember 2026-01-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember 2025-01-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldRestrictedStockAndRestrictedStockUnitVestingMember 2026-04-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldRestrictedStockAndRestrictedStockUnitVestingMember 2025-04-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldRestrictedStockAndRestrictedStockUnitVestingMember 2026-01-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldRestrictedStockAndRestrictedStockUnitVestingMember 2025-01-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldStockOptionExerciseCostsMember 2026-04-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldStockOptionExerciseCostsMember 2025-04-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldStockOptionExerciseCostsMember 2026-01-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesWithheldStockOptionExerciseCostsMember 2025-01-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember chtr:LibertyBroadbandMember 2026-04-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember chtr:LibertyBroadbandMember 2025-04-01 2025-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember chtr:LibertyBroadbandMember 2026-01-01 2026-06-30 0001091667 chtr:TreasuryStockAcquiredSharesRepurchasedMember chtr:LibertyBroadbandMember 2025-01-01 2025-06-30 0001091667 chtr:CharterMember srt:MaximumMember 2026-06-30 0001091667 chtr:ANMember 2025-06-30 0001091667 chtr:ANMember 2026-06-30 0001091667 chtr:CommonNoncontrollingInterestMember 2026-04-01 2026-06-30 0001091667 chtr:CommonNoncontrollingInterestMember 2026-01-01 2026-06-30 0001091667 chtr:CommonNoncontrollingInterestMember 2025-04-01 2025-06-30 0001091667 chtr:CommonNoncontrollingInterestMember 2025-01-01 2025-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-06-30 0001091667 us-gaap:NoncontrollingInterestMember 2026-01-01 2026-06-30 0001091667 us-gaap:AdditionalPaidInCapitalMember 2026-01-01 2026-06-30 0001091667 us-gaap:CurrencySwapMember 2026-06-30 0001091667 us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member 2026-06-30 0001091667 us-gaap:CurrencySwapMember us-gaap:FairValueInputsLevel2Member 2025-12-31 0001091667 chtr:ResidentialInternetProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:ResidentialInternetProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:ResidentialInternetProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:ResidentialInternetProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:MobileServiceMember 2026-04-01 2026-06-30 0001091667 chtr:MobileServiceMember 2025-04-01 2025-06-30 0001091667 chtr:MobileServiceMember 2026-01-01 2026-06-30 0001091667 chtr:MobileServiceMember 2025-01-01 2025-06-30 0001091667 chtr:ConnectivityMember 2026-04-01 2026-06-30 0001091667 chtr:ConnectivityMember 2025-04-01 2025-06-30 0001091667 chtr:ConnectivityMember 2026-01-01 2026-06-30 0001091667 chtr:ConnectivityMember 2025-01-01 2025-06-30 0001091667 chtr:ResidentialVideoProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:ResidentialVideoProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:ResidentialVideoProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:ResidentialVideoProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:ResidentialVoiceProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:ResidentialVoiceProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:ResidentialVoiceProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:ResidentialVoiceProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:ResidentialProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:ResidentialProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:ResidentialProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:ResidentialProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:CommercialSmallandMediumBusinessProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:CommercialSmallandMediumBusinessProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:CommercialSmallandMediumBusinessProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:CommercialSmallandMediumBusinessProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:CommercialEnterpriseProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:CommercialEnterpriseProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:CommercialEnterpriseProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:CommercialEnterpriseProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:CommercialProductLineMember 2026-04-01 2026-06-30 0001091667 chtr:CommercialProductLineMember 2025-04-01 2025-06-30 0001091667 chtr:CommercialProductLineMember 2026-01-01 2026-06-30 0001091667 chtr:CommercialProductLineMember 2025-01-01 2025-06-30 0001091667 chtr:AdvertisingsalesMember 2026-04-01 2026-06-30 0001091667 chtr:AdvertisingsalesMember 2025-04-01 2025-06-30 0001091667 chtr:AdvertisingsalesMember 2026-01-01 2026-06-30 0001091667 chtr:AdvertisingsalesMember 2025-01-01 2025-06-30 0001091667 chtr:OtherServicesMember 2026-04-01 2026-06-30 0001091667 chtr:OtherServicesMember 2025-04-01 2025-06-30 0001091667 chtr:OtherServicesMember 2026-01-01 2026-06-30 0001091667 chtr:OtherServicesMember 2025-01-01 2025-06-30 0001091667 chtr:EquipmentInstallmentPlanReceivableMember 2026-06-30 0001091667 chtr:EquipmentInstallmentPlanReceivableMember 2025-12-31 0001091667 us-gaap:EmployeeStockOptionMember 2026-04-01 2026-06-30 0001091667 us-gaap:EmployeeStockOptionMember 2025-04-01 2025-06-30 0001091667 us-gaap:EmployeeStockOptionMember 2026-01-01 2026-06-30 0001091667 us-gaap:EmployeeStockOptionMember 2025-01-01 2025-06-30 0001091667 us-gaap:RestrictedStockMember 2026-04-01 2026-06-30 0001091667 us-gaap:RestrictedStockMember 2025-04-01 2025-06-30 0001091667 us-gaap:RestrictedStockMember 2026-01-01 2026-06-30 0001091667 us-gaap:RestrictedStockMember 2025-01-01 2025-06-30 0001091667 us-gaap:RestrictedStockUnitsRSUMember 2026-04-01 2026-06-30 0001091667 us-gaap:RestrictedStockUnitsRSUMember 2025-04-01 2025-06-30 0001091667 us-gaap:RestrictedStockUnitsRSUMember 2026-01-01 2026-06-30 0001091667 us-gaap:RestrictedStockUnitsRSUMember 2025-01-01 2025-06-30 0001091667 us-gaap:EmployeeStockOptionMember 2026-06-30 0001091667 us-gaap:RestrictedStockUnitsRSUMember 2026-06-30 0001091667 us-gaap:RestrictedStockMember 2026-06-30 0001091667 us-gaap:RelatedPartyMember 2026-06-30
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 10-Q
______________
(Mark One)
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2026
or
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Transition Period From to
Commission File Number: 001-33664
Charter Communications, Inc.
(Exact name of registrant as specified in its charter)
Delaware
84-1496755
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
400 Washington Blvd.
Stamford
Connecticut
06902
(Address of Principal Executive Offices)
(Zip Code)
( 203 ) 905-7801
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A Common Stock $.001 Par Value CHTR NASDAQ Global Select Market
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer x Accelerated filer o Non-accelerated filer o Smaller reporting company ☐ Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No x
Number of shares of Class A common stock outstanding as of June 30, 2026: 119,277,492
Number of shares of Class B common stock outstanding as of June 30, 2026: 1
CHARTER COMMUNICATIONS, INC.
QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED JUNE 30, 2026
TABLE OF CONTENTS
Page No.
PART I
FINANCIAL INFORMATION
Item 1
Financial Statements ‑ Charter Communications, Inc. and Subsidiaries
Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025
1
Consolidated Statements of Operations
for the three and six months ended June 30, 2026 and 2025
2
Consolidated Statements of Changes in Shareholders' Equity
for the three and six months ended June 30, 2026 and 2025
3
Consolidated Statements of Cash Flows
for the six months ended June 30, 2026 and 2025
4
Notes to Consolidated Financial Statements
5
Item 2
Management's Discussion and Analysis of Financial Condition and Results of Operations
14
Item 3
Quantitative and Qualitative Disclosure About Market Risk
28
Item 4
Controls and Procedures
28
PART II
OTHER INFORMATION
Item 1
Legal Proceedings
29
Item 1A
Risk Factors
29
Item 2
Unregistered Sales of Equity Securities and Use of Proceeds
29
Item 6
Exhibits
29
Signatures
S- 1
Exhibit Index
E- 1
This quarterly report on Form 10-Q is for the three and six months ended June 30, 2026. The United States Securities and Exchange Commission (“SEC”) allows us to “incorporate by reference” information that we file with the SEC, which means that we can disclose important information to you by referring you directly to those documents. In this quarterly report, “Charter,” “we,” “us” and “our” refer to Charter Communications, Inc. and its subsidiaries.
i
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This quarterly report includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial including, without limitation, the forward-looking statements set forth in Part I, Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this quarterly report. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under “Risk Factors” in Part I, Item 1A of our most recent Form 10-K filed with the SEC. Many of the forward-looking statements contained in this quarterly report may be identified by the use of forward-looking words such as “believe,” “future,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” “aim,” “on track,” “target,” “opportunity,” “tentative,” “positioning,” “designed,” “create,” “predict,” “project,” “initiatives,” “seek,” “would,” “could,” “continue,” “ongoing,” “upside,” “increases,” “grow,” “focused on” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this quarterly report are set forth in this quarterly report on Form 10-Q, in our annual report on Form 10-K, and in other reports or documents that we file from time to time with the SEC, and include, but are not limited to:
• our ability to sustain and grow revenues and cash flow from operations by offering Internet, mobile, video, voice, advertising and other services to residential and commercial customers, to adequately meet the customer experience demands in our service areas and to maintain and grow our customer base, particularly in the face of increasingly aggressive competition, the need for innovation and the related capital expenditures;
• the impact of competition from other market participants, including but not limited to incumbent telephone companies, direct broadcast satellite ("DBS") operators, wireless and satellite broadband and telephone providers, digital subscriber line (“DSL”) providers, fiber to the home providers and providers of video content over broadband Internet connections;
• general business conditions, unemployment levels and the level of activity in the housing sector and economic uncertainty or downturn;
• our ability to develop and deploy new products and technologies including consumer services and service platforms;
• any events that disrupt our networks, information systems or properties and impair our operating activities or our reputation;
• the effects of governmental regulation on our business including subsidies to consumers, subsidies and incentives for competitors, costs, disruptions and possible limitations on operating flexibility related to, and our ability to comply with, regulatory conditions applicable to us;
• our ability to procure necessary services and equipment from our vendors in a timely manner and at reasonable costs including in connection with our network evolution and rural construction initiatives;
• our ability to obtain programming at reasonable prices or to raise prices to offset, in whole or in part, the effects of higher programming costs (including retransmission consents and distribution requirements);
• the ability to hire and retain key personnel;
• the availability and access, in general, of funds to meet our debt obligations prior to or when they become due and to fund our operations and necessary capital expenditures, either through (i) cash on hand, (ii) free cash flow, or (iii) access to the capital or credit markets;
• our ability to comply with all covenants in our indentures and credit facilities, any violation of which, if not cured in a timely manner, could trigger a default of our other obligations under cross-default provisions;
• our ability to satisfy the conditions to consummate the Liberty Broadband Combination and/or the Cox Transactions and/or to consummate the Liberty Broadband Combination and/or the Cox Transactions in a timely manner or at all;
• the risks related to us being restricted in the operation of our business while the Liberty Broadband Merger Agreement and the Cox Communications Transaction Agreement are in effect;
• other risks related to the Liberty Broadband Combination as described in the definitive joint proxy statement/prospectus with respect to the Liberty Broadband Combination, filed by Charter on January 22, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein; and
• other risks related to the Cox Transactions as described in the definitive proxy statement with respect to the Cox Transactions, filed by Charter on July 2, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this quarterly report.
ii
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(dollars in millions, except share data)
June 30,
2026 December 31,
2025
(unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 509 $ 477
Accounts receivable, less allowance for doubtful accounts of $ 238 and $ 219 , respectively
3,651 3,680
Prepaid expenses and other current assets 813 987
Total current assets 4,973 5,144
INVESTMENT IN CABLE PROPERTIES:
Property, plant and equipment, net of accumulated depreciation of $ 41,990 and $ 41,514 , respectively
47,955 46,444
Customer relationships, net of accumulated amortization of $ 18,078 and $ 17,875 , respectively
238 440
Franchises 67,471 67,471
Goodwill 29,710 29,710
Total investment in cable properties, net 145,374 144,065
OTHER NONCURRENT ASSETS 5,271 5,004
Total assets $ 155,618 $ 154,213
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable, accrued and other current liabilities $ 12,779 $ 12,556
Current portion of long-term debt 999 750
Total current liabilities 13,778 13,306
LONG-TERM DEBT 92,960 94,006
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY 1,596 1,447
DEFERRED INCOME TAXES 20,237 19,841
OTHER LONG-TERM LIABILITIES 5,146 5,094
SHAREHOLDERS’ EQUITY:
Class A common stock; $ 0.001 par value; 900 million shares authorized;
129,602,238 and 126,631,549 shares issued, respectively
— —
Class B common stock; $ 0.001 par value; 1,000 shares authorized;
1 share issued and outstanding
— —
Preferred stock; $ 0.001 par value; 250 million shares authorized;
no shares issued and outstanding
— —
Additional paid-in capital 21,765 21,447
Accumulated deficit ( 2,938 ) ( 5,393 )
Treasury stock at cost; 10,324,746 and no shares, respectively
( 1,875 ) —
Total Charter shareholders’ equity 16,952 16,054
Noncontrolling interests 4,949 4,465
Total shareholders’ equity 21,901 20,519
Total liabilities and shareholders’ equity $ 155,618 $ 154,213
The accompanying notes are an integral part of these consolidated financial statements.
1
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(dollars in millions, except per share data)
Unaudited
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
REVENUES $ 13,526 $ 13,766 $ 27,123 $ 27,501
COSTS AND EXPENSES:
Operating costs and expenses (exclusive of items shown separately below)
8,215 8,230 16,378 16,424
Depreciation and amortization 2,197 2,176 4,408 4,357
Other operating expenses, net 51 81 66 204
10,463 10,487 20,852 20,985
Income from operations 3,063 3,279 6,271 6,516
OTHER INCOME (EXPENSES):
Interest expense, net
( 1,276 ) ( 1,263 ) ( 2,532 ) ( 2,504 )
Other income (expenses), net 212 ( 107 ) 88 ( 249 )
( 1,064 ) ( 1,370 ) ( 2,444 ) ( 2,753 )
Income before income taxes 1,999 1,909 3,827 3,763
Income tax expense
( 475 ) ( 414 ) ( 940 ) ( 859 )
Consolidated net income 1,524 1,495 2,887 2,904
Less: Net income attributable to noncontrolling interests ( 232 ) ( 194 ) ( 432 ) ( 386 )
Net income attributable to Charter shareholders $ 1,292 $ 1,301 $ 2,455 $ 2,518
EARNINGS PER COMMON SHARE
ATTRIBUTABLE TO CHARTER SHAREHOLDERS:
Basic $ 10.76 $ 9.41 $ 20.00 $ 18.00
Diluted $ 10.66 $ 9.18 $ 19.81 $ 17.59
Weighted average common shares outstanding, basic
120,121,017 138,205,810 122,789,924 139,889,251
Weighted average common shares outstanding, diluted
121,255,667 141,684,415 123,969,262 143,098,493
The accompanying notes are an integral part of these consolidated financial statements.
2
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(dollars in millions)
Unaudited
Class A Common Stock Class B Common Stock Additional Paid-in Capital Accumulated Deficit Treasury Stock Total Charter Shareholders’ Equity Non-controlling Interests Total Shareholders’ Equity
BALANCE, December 31, 2025 $ — $ — $ 21,447 $ ( 5,393 ) $ — $ 16,054 $ 4,465 $ 20,519
Consolidated net income — — — 1,163 — 1,163 200 1,363
Stock compensation expense — — 203 — — 203 — 203
Exercise of stock options — — 2 — — 2 — 2
Purchases of treasury stock, including excise tax — — — — ( 1,020 ) ( 1,020 ) — ( 1,020 )
Change in noncontrolling interest ownership, net of tax — — ( 17 ) — — ( 17 ) 22 5
Distributions to noncontrolling interest — — — — — — ( 2 ) ( 2 )
BALANCE, March 31, 2026 — — 21,635 ( 4,230 ) ( 1,020 ) 16,385 4,685 21,070
Consolidated net income — — — 1,292 — 1,292 232 1,524
Stock compensation expense — — 138 — — 138 — 138
Equity issued pursuant to employee stock purchase plan — — 20 — — 20 — 20
Exercise of stock options — — 11 — — 11 — 11
Purchases of treasury stock, including excise tax — — — — ( 855 ) ( 855 ) — ( 855 )
Change in noncontrolling interest ownership, net of tax — — ( 39 ) — — ( 39 ) 52 13
Distributions to noncontrolling interest — — — — — — ( 20 ) ( 20 )
BALANCE, June 30, 2026 $ — $ — $ 21,765 $ ( 2,938 ) $ ( 1,875 ) $ 16,952 $ 4,949 $ 21,901
Class A Common Stock Class B Common Stock Additional Paid-in Capital Accumulated Deficit Treasury Stock Total Charter Shareholders’ Equity Non-controlling Interests Total Shareholders’ Equity
BALANCE, December 31, 2024 $ — $ — $ 23,337 $ ( 7,750 ) $ — $ 15,587 $ 4,120 $ 19,707
Consolidated net income — — — 1,217 — 1,217 192 1,409
Stock compensation expense — — 222 — — 222 — 222
Exercise of stock options — — 17 — — 17 — 17
Purchases of treasury stock, including excise tax — — — — ( 806 ) ( 806 ) — ( 806 )
Purchase of noncontrolling interest, net of tax — — ( 5 ) — — ( 5 ) ( 14 ) ( 19 )
Change in noncontrolling interest ownership, net of tax — — 15 — — 15 ( 20 ) ( 5 )
Distributions to noncontrolling interest — — — — — — ( 3 ) ( 3 )
BALANCE, March 31, 2025 — — 23,586 ( 6,533 ) ( 806 ) 16,247 4,275 20,522
Consolidated net income — — — 1,301 — 1,301 194 1,495
Stock compensation expense — — 157 — — 157 — 157
Exercise of stock options — — 2 — — 2 — 2
Purchases of treasury stock, including excise tax — — — — ( 1,467 ) ( 1,467 ) — ( 1,467 )
Purchase of noncontrolling interest, net of tax — — ( 45 ) — — ( 45 ) ( 171 ) ( 216 )
Change in noncontrolling interest ownership, net of tax — — 14 — — 14 ( 18 ) ( 4 )
Distributions to noncontrolling interest — — — — — — ( 121 ) ( 121 )
BALANCE, June 30, 2025 $ — $ — $ 23,714 $ ( 5,232 ) $ ( 2,273 ) $ 16,209 $ 4,159 $ 20,368
The accompanying notes are an integral part of these consolidated financial statements.
3
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in millions)
Unaudited
Six Months Ended June 30,
2026 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income $ 2,887 $ 2,904
Adjustments to reconcile consolidated net income to net cash flows from operating activities:
Depreciation and amortization 4,408 4,357
Stock compensation expense 341 379
Noncash interest, net 12 15
Deferred income taxes 417 ( 80 )
Other, net ( 86 ) 350
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable ( 136 ) ( 286 )
Prepaid expenses and other assets 4 ( 169 )
Accounts payable, accrued liabilities and other 382 366
Net cash flows from operating activities 8,229 7,836
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment ( 5,726 ) ( 5,273 )
Change in accrued expenses related to capital expenditures ( 162 ) 47
Other, net ( 285 ) ( 199 )
Net cash flows from investing activities ( 6,173 ) ( 5,425 )
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings of long-term debt 11,610 5,116
Borrowings of equipment installment plan financing facility 148 233
Repayments of long-term debt ( 12,108 ) ( 4,793 )
Payments for debt issuance costs ( 30 ) ( 1 )
Purchase of treasury stock ( 1,878 ) ( 2,253 )
Proceeds from exercise of stock options 13 19
Purchase of noncontrolling interest — ( 252 )
Distributions to noncontrolling interest ( 22 ) ( 124 )
Other, net 212 ( 213 )
Net cash flows from financing activities ( 2,055 ) ( 2,268 )
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 1 143
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 598 506
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period $ 599 $ 649
CASH PAID FOR INTEREST $ 2,506 $ 2,439
As of June 30, 2026, December 31, 2025, June 30, 2025 and December 31, 2024, cash, cash equivalents and restricted cash includes $ 90 million, $ 121 million, $ 43 million and $ 47 million of restricted cash included in prepaid expenses and other current assets in the consolidated balance sheets, respectively.
The accompanying notes are an integral part of these consolidated financial statements.
4
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
1. Organization and Basis of Presentation
Organization
Charter Communications, Inc. (together with its controlled subsidiaries, “Charter,” or the “Company”) is a leading broadband connectivity company with services available to homes and small to large businesses through its Spectrum ® brand. Founded in 1993, the Company has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by the Company’s 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet ® , Mobile, TV and Voice products.
Charter is a holding company whose principal asset is a controlling equity interest in Charter Communications Holdings, LLC (“Charter Holdings”), an indirect owner of Charter Communications Operating, LLC (“Charter Operating”) under which substantially all of the operations reside. All significant intercompany accounts and transactions among consolidated entities have been eliminated.
Basis of Presentation
The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures typically included in the Company's Annual Report on Form 10-K have been condensed or omitted for this quarterly report. The accompanying consolidated financial statements are unaudited and are subject to review by regulatory authorities. However, in the opinion of management, such financial statements include all adjustments, which consist of only normal recurring adjustments, necessary for a fair presentation of the results for the periods presented. Interim results are not necessarily indicative of results for a full year.
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Areas involving significant judgments and estimates include capitalization of labor and overhead costs, valuation and impairment of franchise assets and goodwill, and income taxes. Actual results could differ from those estimates.
Comprehensive income equaled net income attributable to Charter shareholders for the three and six months ended June 30, 2026 and 2025.
2. Mergers and Acquisitions
On May 16, 2025, Charter, Charter Holdings, and Cox Enterprises, Inc. (“Cox Enterprises”) entered into a Transaction Agreement (the “Transaction Agreement”) pursuant to which (i) Cox Enterprises will sell and transfer to Charter 100 % of the equity interests of certain subsidiaries of Cox Communications, Inc. (“Cox Communications”) that conduct Cox Communications’ commercial fiber and managed IT and cloud services businesses (the “Equity Sale”), (ii) Cox Enterprises will contribute the equity interests of Cox Communications and certain other assets (other than certain excluded assets) primarily related to Cox Communications’ residential cable business to Charter Holdings (the “Contribution”), and (iii) Cox Enterprises will pay $ 1.00 to Charter (collectively, the “Cox Transactions”). Under the Transaction Agreement, Charter and Cox Enterprises may designate one or more wholly owned subsidiaries to take actions with respect to Charter and Cox Enterprises, respectively.
Pursuant to the Transaction Agreement, at the closing of the Cox Transactions:
• in consideration of the Equity Sale, Charter will pay $ 3.5 billion in cash to Cox Enterprises;
• in consideration of the Contribution, Charter Holdings will (i) pay to Cox Enterprises $ 650 million in cash and (ii) issue to Cox Enterprises convertible preferred units of Charter Holdings with an aggregate liquidation preference of $ 6.0 billion, which will pay a 6.875 % dividend per annum, and approximately 33.6 million Charter Holdings common units. The
5
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
Charter Holdings convertible preferred units will be convertible into Charter Holdings common units, with an initial conversion price of $ 477.41 , subject to certain adjustments. The Charter Holdings common units will be exchangeable by the holder, in certain circumstances, for cash or, at the election of Charter, Charter Class A common stock on a one-for-one basis, subject to certain adjustments; and
• in consideration of the $ 1.00 payment from Cox Enterprises to Charter, Charter will issue to Cox Enterprises one share of the newly created Charter Class C common stock. The Charter Class C common stock will be equivalent, economically, to the outstanding Charter Class A common stock and the Charter Class B common stock but will have a number of votes per share that reflect the voting power of the Charter Holdings common units and the Charter Holdings convertible preferred units held by Cox Enterprises on an as-converted, as-exchanged basis.
The combined entity will assume Cox Communications’ approximately $ 12.4 billion in outstanding net debt and finance leases.
3. Accounts Payable, Accrued and Other Current Liabilities
Accounts payable, accrued and other current liabilities consist of the following as of June 30, 2026 and December 31, 2025:
June 30, 2026 December 31, 2025
Accounts payable – trade $ 1,066 $ 1,034
Deferred revenue 428 422
Accrued and other current liabilities:
Programming costs 1,581 1,575
Labor 1,302 1,365
Capital expenditures 3,162 3,296
Interest 1,279 1,259
Taxes and regulatory fees 567 521
Short-term borrowings 1,155 918
Other 2,239 2,166
$ 12,779 $ 12,556
Under a supply chain finance program, the Company has agreements with third parties that allow its participating vendors to finance payment obligations from the Company with designated third-party financial institutions who act as its paying agent. As a result, the Company has generally extended its payment terms with vendors. A participating vendor may request a participating financial institution to finance one or more of the Company's payment obligations to such vendor prior to the scheduled due date thereof priced at a discount to the original payment obligation from the Company. The Company is not required to provide collateral to the financial institutions. The Company's obligations to participating vendors, including amounts due and scheduled payment dates, are not impacted by the vendors’ decisions to finance amounts due under these financing arrangements. The Company's outstanding payment obligations to participating vendors were $ 725 million and $ 735 million as of June 30, 2026 and December 31, 2025, respectively, and are included in accounts payable - trade and accrued capital expenditures above. Cash outflows to the financial institutions are classified as cash flows from operating and investing activities.
Under a deferred payment program, the Company has agreements with third parties to pay certain invoices when due, and the Company pays the third parties at a later date, the invoice amount plus interest. The Company's outstanding payment obligation to participating vendors under the deferred payment plan was $ 1.2 billion and $ 918 million as of June 30, 2026 and December 31, 2025, respectively, and is included in short-term borrowings. Cash outflows to the financial institutions are classified as cash flows from financing activities.
6
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
4. Total Debt
A summary of our debt as of June 30, 2026 and December 31, 2025 is as follows:
June 30, 2026 December 31, 2025
Principal Amount Carrying Value Fair Value Principal Amount Carrying Value Fair Value
Senior unsecured notes $ 26,734 $ 26,663 $ 24,931 $ 27,250 $ 27,197 $ 25,634
Senior secured notes and debentures (a)
54,658 54,886 46,451 55,418 55,658 48,030
Credit facilities (b)
12,453 12,410 12,168 11,949 11,901 11,803
$ 93,845 $ 93,959 $ 83,550 $ 94,617 $ 94,756 $ 85,467
(a) Includes the Company's £ 625 million fixed-rate British pound sterling denominated notes (the “Sterling Notes”) (remeasured at $ 829 million and $ 842 million as of June 30, 2026 and December 31, 2025, respectively, using the exchange rate at the respective dates) and the Company's £ 650 million aggregate principal amount of Sterling Notes (remeasured at $ 862 million and $ 876 million as of June 30, 2026 and December 31, 2025, respectively, using the exchange rate at the respective dates).
(b) The Company has availability under the Charter Operating credit facilities of approximately $ 3.7 billion as of June 30, 2026.
The estimated fair value of the Company’s senior unsecured and secured notes and debentures as of June 30, 2026 and December 31, 2025 is based on quoted market prices in active markets and is classified within Level 1 of the valuation hierarchy, while the estimated fair value of the Company’s credit facilities is based on quoted market prices in inactive markets and is classified within Level 2.
In February 2026, CCO Holdings and CCO Holdings Capital Corp. redeemed $ 750 million in aggregate principal amount of the outstanding 5.500 % senior notes due 2026 and $ 2.25 billion in aggregate principal amount of the outstanding 5.125 % senior notes due 2027. The transactions resulted in a loss on extinguishment of debt of approximately $ 4 million during the six months ended June 30, 2026 recorded in other income (expenses), net in the consolidated statement of operations.
During the three and six months ended June 30, 2026, the Company repurchased $ 1.2 billion in aggregate principal amount of various series of notes under an open market repurchase program. The transactions resulted in a gain on extinguishment of debt of approximately $ 243 million during the three and six months ended June 30, 2026 recorded in other income (expenses), net in the consolidated statement of operations.
5. Equipment Installment Plan Financing Facility
CCO EIP Financing, LLC (the “SPV Borrower”), a bankruptcy remote special purpose vehicle and consolidated subsidiary of the Company, is the borrower of a senior secured revolving credit facility to finance the purchase of equipment installment plan receivables (“EIP Receivables”) with a number of financial institutions (the “EIP Financing Facility”).
The revolving credit facility under the EIP Financing Facility bears interest on the outstanding borrowings based on lenders’ cost of funds plus an applicable margin and was 4.82 % and 5.14 % as of June 30, 2026 and December 31, 2025, respectively. The EIP Financing Facility has a final maturity date of November 3, 2029, comprised of a twelve-month revolving loan period subject to renewal, and if not renewed, cash flows on EIP Receivables are applied to amortize the loan which may occur over a period of up to three years. SPV Borrower may borrow up to $ 2.0 billion under the EIP Financing Facility. As of June 30, 2026 and December 31, 2025, the carrying value of the EIP Financing Facility was $ 1.6 billion and $ 1.4 billion, respectively, and is included in the Company’s consolidated balance sheets.
The SPV Borrower’s sole business consists of the purchase or acceptance through capital contributions of the EIP Receivables from Spectrum Mobile Equipment, LLC, (the sole direct parent entity of SPV Borrower that originates the EIP Receivables) and the subsequent retransfer of or granting of a security interest in such EIP Receivables to the administrative agent under the EIP Financing Facility. The SPV Borrower is a separate legal entity with its own separate creditors who will be entitled, upon its liquidation, to be satisfied out of the SPV Borrower’s assets prior to any assets or value in the SPV Borrower becoming
7
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
available to the SPV Borrower’s equity holders, and the assets of the SPV Borrower are not available to pay creditors of any other affiliate of the Company.
The EIP Financing Facility is accounted for on a consolidated basis as a secured borrowing. As of June 30, 2026 and December 31, 2025, pledged EIP Receivables with an unpaid principal balance of $ 2.3 billion and $ 2.2 billion, respectively, included in accounts receivable, net and other noncurrent assets, and restricted cash of $ 90 million and $ 121 million, respectively, included in prepaid expenses and other current assets, are held by the SPV Borrower and reflected in the Company’s consolidated balance sheets. Receipts from mobile customers related to the underlying EIP Receivables are reflected as cash flows from operating activities and borrowings and repayments under the EIP Financing Facility are reflected as cash flows from financing activities in the Company’s consolidated statements of cash flows.
6. Common Stock
The following represents the Company's purchase of Charter Class A common stock and the effect on the consolidated statements of cash flows during the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Shares $ Shares $ Shares $ Shares $
Share buybacks 3,996,545 $ 838 3,832,505 $ 1,443 8,284,640 $ 1,801 5,837,900 $ 2,174
Income tax withholding 61,213 14 19,342 8 390,125 77 221,416 79
Exercise cost 1,585,169 — 92,580 — 1,649,981 — 161,746 —
5,642,927 $ 852 3,944,427 $ 1,451 10,324,746 $ 1,878 6,221,062 $ 2,253
Share buybacks above include shares of Charter Class A common stock purchased from Liberty Broadband Corporation (“Liberty Broadband”) as follows:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Number of shares purchased 1,936,837 808,841 2,807,590 1,634,261
Amount of shares purchased $ 405 $ 300 $ 595 $ 600
As of June 30, 2026, Charter had remaining board authority to purchase an additional $ 365 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. The Company also withholds shares of its Class A common stock in payment of income tax withholding owed by employees upon vesting of equity awards as well as exercise costs owed by employees upon exercise of stock options.
In 2025, Charter’s board of directors approved the retirement of the then currently held treasury stock and those shares were retired as of December 31, 2025. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders’ equity.
7. Noncontrolling Interests
Noncontrolling interests represents consolidated subsidiaries of which the Company owns less than 100 %. The Company is a holding company whose principal asset is a controlling equity interest in Charter Holdings, the indirect owner of the Company’s cable systems. Noncontrolling interests on the Company’s balance sheet consist primarily of Advance/Newhouse Partnership's (“A/N”) equity interests in Charter Holdings, which is comprised of a common ownership interest.
Net income of Charter Holdings attributable to A/N’s common noncontrolling interest for financial reporting purposes is based on the weighted average effective common ownership interest of approximately 11 %, and was $ 232 million and $ 431 million for the three and six months ended June 30, 2026, respectively, and $ 194 million and $ 385 million for the three and six months ended June 30, 2025, respectively.
8
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
The following table represents Charter Holdings' purchase of Charter Holdings common units from A/N and the effect on total shareholders' equity during the three and six months ended June 30, 2025. Charter Holdings did not purchase any Charter Holdings common units from A/N during the three and six months ended June 30, 2026.
Three Months Ended June 30, 2025 Six Months Ended June 30, 2025
Number of units purchased 631,663 683,336
Purchase of noncontrolling interest $ 232 $ 252
Carrying value of noncontrolling interest purchased $ ( 171 ) $ ( 185 )
Excess purchased recorded to additional paid-in-capital, net of tax $ ( 45 ) $ ( 50 )
Total shareholders' equity was also adjusted during the three and six months ended June 30, 2026 and 2025 due to the changes in Charter Holdings' ownership as follows:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Change in noncontrolling interest $ 52 $ ( 18 ) $ 74 $ ( 38 )
Change in additional paid-in-capital, net of tax $ ( 39 ) $ 14 $ ( 56 ) $ 29
8. Accounting for Derivative Instruments and Hedging Activities
Cross-currency derivative instruments are used to manage foreign exchange risk on the Sterling Notes by effectively converting £ 1.275 billion aggregate principal amount of fixed-rate British pound sterling denominated debt, including annual interest payments and the payment of principal at maturity, to fixed-rate U.S. dollar denominated debt. The fair value of the Company's cross-currency derivatives, which are classified within Level 2 of the valuation hierarchy, was $ 442 million and $ 406 million and is included in other long-term liabilities on its consolidated balance sheets as of June 30, 2026 and December 31, 2025, respectively.
The effect of financial instruments are recorded in other income (expenses), net in the consolidated statements of operations and consisted of the following.
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Change in fair value of cross-currency derivative instruments
$ 41 $ 124 $ ( 35 ) $ 111
Foreign currency remeasurement of Sterling Notes to U.S. dollars
( 4 ) ( 104 ) 27 ( 156 )
Gain (loss) on financial instruments, net $ 37 $ 20 $ ( 8 ) $ ( 45 )
9
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
9. Revenues
The Company’s revenues by product line are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Internet $ 5,776 $ 5,969 $ 11,628 $ 11,899
Mobile service 1,095 921 2,147 1,835
Connectivity 6,871 6,890 13,775 13,734
Video 3,149 3,488 6,401 7,068
Voice 331 346 669 702
Residential revenue 10,351 10,724 20,845 21,504
Small business 1,104 1,096 2,194 2,184
Mid-market & large business 761 740 1,510 1,474
Commercial revenue 1,865 1,836 3,704 3,658
Advertising sales 416 371 774 711
Other 894 835 1,800 1,628
$ 13,526 $ 13,766 $ 27,123 $ 27,501
As of June 30, 2026 and December 31, 2025, accounts receivable, net on the consolidated balance sheets includes approximately $ 1.4 billion and $ 1.3 billion of current equipment installment plan receivables, respectively, and other noncurrent assets includes approximately $ 1.2 billion and $ 1.1 billion of noncurrent equipment installment plan receivables, respectively.
10. Segment Reporting
The Company’s operations are managed and reported to its Chief Executive Officer (“CEO”), the Company’s chief operating decision maker (“CODM”), on a consolidated basis. The Company provides broadband connectivity services with all of its services delivered to customers over an advanced communications network. The CODM assesses performance and allocates resources based on the Company’s consolidated statements of operations, as the converged network requires the CODM to manage and evaluate the results of the business in a consolidated manner to drive efficiencies and develop uniform strategies. Accordingly, key components and processes of the Company’s operations are managed centrally, including contracting for programming, capital and new technology development and deployment, plant engineering, customer service, marketing, legal and government affairs. Segment asset information is not used by the CODM to allocate resources. Under this organizational and reporting structure, the Company has one reportable segment.
As a single reportable segment entity, the Company’s segment performance measure is net income attributable to Charter shareholders. See Note 9 for a description of the Company's disaggregated revenues by product line. Significant segment expenses are presented in the Company’s consolidated statements of operations. Additional disaggregated significant segment
10
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
expenses on a functional basis, that are not separately presented on the Company’s consolidated statements of operations, are presented below.
Operating Costs and Expenses
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Programming $ 2,035 $ 2,253 $ 4,123 $ 4,555
Other costs of revenue 1,837 1,651 3,602 3,235
Field and technology operations 1,313 1,292 2,571 2,574
Customer operations 785 777 1,551 1,549
Marketing and residential sales 927 958 1,846 1,907
Stock compensation expense (see Note 11) 138 157 341 379
Transition expenses 65 — 89 —
Other expense 1,115 1,142 2,255 2,225
$ 8,215 $ 8,230 $ 16,378 $ 16,424
Programming costs consist primarily of costs paid to programmers for basic, premium, video on demand and pay-per-view programming. Other costs of revenue include costs directly related to providing Internet, mobile, video and voice services including mobile device costs, payments to franchise and regulatory authorities, payments for sports, local and news content produced by the Company and direct costs associated with selling advertising. Also included in other costs of revenue are content acquisition costs for the Los Angeles Lakers’ basketball games and Los Angeles Dodgers’ baseball games, which are recorded as games are exhibited over the contract period. Field and technology operations costs include indirect costs incurred to manage the Company's inside and outside cable network, including labor for the non-capitalizable portion of customer installations and service and repairs. Customer operations costs include call center labor costs for customer care, billing costs, bad debt expense, and collections. Marketing and residential sales costs represent the costs of marketing residential and business Internet, mobile, video and voice services and costs to sell to current and potential non-bulk residential customers, including labor cost. Transition expenses represent incremental costs incurred to prepare for the integration of Cox Communications’ operations and to bring systems and processes into a uniform operating structure. See Note 2. Other expense includes corporate overhead costs, as well as certain indirect costs associated with Spectrum Business, Spectrum Reach, Spectrum Networks and Spectrum Community Solutions, including related sales expenses.
Other Operating Expenses, Net
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Special charges, net $ 43 $ 29 $ 41 $ 60
Merger and acquisition costs 8 43 23 44
Loss on disposal of assets, net — 9 2 100
$ 51 $ 81 $ 66 $ 204
Special charges, net primarily includes severance costs and net amounts of litigation settlements. Merger and acquisition costs represent costs incurred primarily in connection with the Cox Transactions, such as advisory, legal and accounting fees, among others. Loss on disposal of assets, net includes a $ 90 million impairment on non-strategic assets during the six months ended June 30, 2025.
11
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
Other Income (Expenses), Net
Other income (expenses), net consist of the following for the periods presented:
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Loss on equity investments, net $ ( 68 ) $ ( 127 ) $ ( 143 ) $ ( 204 )
Gain (loss) on financial instruments, net (see Note 8) 37 20 ( 8 ) ( 45 )
Gain on extinguishment of debt, net (see Note 4) 243 — 239 —
$ 212 $ ( 107 ) $ 88 $ ( 249 )
11. Stock Compensation Plans
Charter’s stock incentive plans provide for grants of nonqualified stock options, incentive stock options, stock appreciation rights, dividend equivalent rights, performance units and performance shares, share awards, phantom stock, restricted stock units and restricted stock. Directors, officers and other employees of the Company and its subsidiaries, as well as others performing consulting services for the Company, are eligible for grants under the stock incentive plans.
Charter granted the following equity awards for the periods presented.
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Stock options 52,100 39,600 2,431,100 1,447,300
Restricted stock 15,000 11,500 15,300 11,500
Restricted stock units 136,700 28,300 2,177,300 1,183,500
Stock options and restricted stock units generally cliff vest three years from the date of grant. Certain stock options and restricted stock units vest based on achievement of stock price hurdles. Stock options generally expire ten years from the grant date and restricted stock units have no voting rights. Restricted stock generally vests one year from the date of grant.
As of June 30, 2026, total unrecognized compensation remaining to be recognized in future periods totaled $ 253 million for stock options, $ 549 million for restricted stock units and $ 3 million for restricted stock and the weighted average period over which they are expected to be recognized is two years for stock options and restricted stock units and ten months for restricted stock.
12. Earnings Per Share
Basic earnings per common share is computed by dividing net income attributable to Charter shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share considers the impact of potentially dilutive securities using the treasury stock and if-converted methods and is based on the weighted average number of shares used for the basic earnings per share calculation, adjusted for the dilutive effect of stock options, restricted stock units, restricted stock, equity awards with market conditions and Charter Holdings common units. Charter Holdings common units of 16 million for the three and six months ended June 30, 2026 and 2025 were not included in the computation of diluted earnings per share as their effect would have been antidilutive.
12
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
(dollars in millions, except per share amounts and where indicated)
The following is the computation of diluted earnings per common share for the periods presented.
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Numerator:
Net income attributable to Charter shareholders $ 1,292 $ 1,301 $ 2,455 $ 2,518
Denominator:
Weighted average common shares outstanding, basic 120,121,017 138,205,810 122,789,924 139,889,251
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to
stock plans 1,134,650 3,478,605 1,179,338 3,209,242
Weighted average common shares outstanding, diluted 121,255,667 141,684,415 123,969,262 143,098,493
Basic earnings per common share attributable to
Charter shareholders $ 10.76 $ 9.41 $ 20.00 $ 18.00
Diluted earnings per common share attributable to Charter shareholders $ 10.66 $ 9.18 $ 19.81 $ 17.59
13. Related Party Transactions
On November 12, 2024, Charter, Liberty Broadband, Fusion Merger Sub 1, LLC, a wholly owned subsidiary of Charter, and Fusion Merger Sub 2, Inc., a wholly owned subsidiary of Fusion Merger Sub 1, LLC, entered into an Agreement and Plan of Merger (as it may be amended or supplemented from time to time, the “Merger Agreement”), pursuant to which, subject to the terms and conditions set forth therein, Charter will acquire Liberty Broadband through the merger of Fusion Merger Sub 2, Inc. with and into Liberty Broadband (the “Merger”), with Liberty Broadband surviving the Merger and becoming an indirect wholly owned subsidiary of Charter. Immediately following the Merger, Liberty Broadband, as the surviving corporation of the Merger, will merge with and into Fusion Merger Sub 1, LLC (the “Upstream Merger” and together with the Merger, the “Liberty Broadband Combination”), with Fusion Merger Sub 1, LLC surviving the Upstream Merger as a wholly owned subsidiary of Charter.
On November 12, 2024, Charter and Liberty Broadband also entered into Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement (the “Stockholders and Letter Agreement Amendment”). The Stockholders and Letter Agreement Amendment sets forth, among other things, the terms of Liberty Broadband’s participation in Charter’s share repurchases during the period between the execution of the Merger Agreement and the effective time of the Merger. Pursuant to the Stockholders and Letter Agreement Amendment, each month during the pendency of the proposed transaction, Charter will repurchase shares of Charter Class A common stock from Liberty Broadband in an amount equal to the greater of (i) $ 100 million and (ii) the Liberty Broadband minimum liquidity threshold as set forth in the Stockholders and Letter Agreement Amendment, provided that if any repurchase would reduce Liberty Broadband’s equity interest in Charter below 25.25 % after giving effect to such repurchase or if all or a portion of such repurchase is not permitted under applicable law, then Charter shall instead loan to Liberty Broadband an amount equal to the lesser of (x) the repurchase amount that cannot be repurchased and (y) the Liberty Broadband minimum liquidity threshold as set forth in the Stockholders and Letter Agreement Amendment less the repurchase amount that is repurchased, with such loan on the terms set forth in the Stockholders and Letter Agreement Amendment. Pursuant to the Merger Agreement and Stockholders and Letter Agreement Amendment, in May 2026, Charter advanced a term loan to Liberty Broadband in the aggregate principal amount of approximately $ 359 million included in other noncurrent assets on the consolidated balance sheets as of June 30, 2026.
13
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
General
Charter Communications, Inc. (together with its controlled subsidiaries, “Charter”) is a leading broadband connectivity company with services available to nearly 59 million homes and small to large businesses across 41 states through our Spectrum brand. Founded in 1993, we have evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, we offer Seamless Connectivity and Entertainment with Spectrum Internet, Mobile, TV and Voice products.
Charter is a holding company whose principal asset is a controlling equity interest in Charter Communications Holdings, LLC (“Charter Holdings”), an indirect owner of Charter Communications Operating, LLC (“Charter Operating”) under which substantially all of the operations reside. All significant intercompany accounts and transactions among consolidated entities have been eliminated.
The Cox Transactions
On May 16, 2025, Charter, Charter Holdings, and Cox Enterprises, Inc. (“Cox Enterprises”) entered into a Transaction Agreement (the “Transaction Agreement”) pursuant to which (i) Cox Enterprises will sell and transfer to Charter 100% of the equity interests of certain subsidiaries of Cox Communications, Inc. (“Cox Communications”) that conduct Cox Communications’ commercial fiber and managed IT and cloud services businesses (the “Equity Sale”), (ii) Cox Enterprises will contribute the equity interests of Cox Communications and certain other assets (other than certain excluded assets) primarily related to Cox Communications’ residential cable business to Charter Holdings (the “Contribution”), and (iii) Cox Enterprises will pay $1.00 to Charter (collectively, the “Cox Transactions”). Under the Transaction Agreement, Charter and Cox Enterprises may designate one or more wholly owned subsidiaries to take actions with respect to Charter and Cox Enterprises, respectively.
Pursuant to the Transaction Agreement, at the closing of the Cox Transactions (the “Closing”):
• in consideration of the Equity Sale, Charter will pay $3.5 billion in cash to Cox Enterprises;
• in consideration of the Contribution, Charter Holdings will (i) pay to Cox Enterprises $650 million in cash and (ii) issue to Cox Enterprises convertible preferred units of Charter Holdings with an aggregate liquidation preference of $6.0 billion, which will pay a 6.875% dividend per annum, and approximately 33.6 million Charter Holdings common units. The Charter Holdings convertible preferred units will be convertible into Charter Holdings common units, with an initial conversion price of $477.41, subject to certain adjustments. The Charter Holdings common units will be exchangeable by the holder, in certain circumstances, for cash or, at the election of Charter, Charter Class A common stock on a one-for-one basis, subject to certain adjustments; and
• in consideration of the $1.00 payment from Cox Enterprises to Charter, Charter will issue to Cox Enterprises one share of the newly created Charter Class C common stock. The Charter Class C common stock will be equivalent, economically, to the outstanding Charter Class A common stock and the Charter Class B common stock but will have a number of votes per share that reflect the voting power of the Charter Holdings common units and the Charter Holdings convertible preferred units held by Cox Enterprises on an as-converted, as-exchanged basis.
The combined entity will assume Cox Communications’ approximately $12.4 billion in outstanding net debt and finance leases.
Overview
The competitive environment continued to challenge our Internet customer growth in the second quarter of 2026 and we lost 172,000 Internet customers. Mobile lines grew by 406,000 while video customer losses improved versus the prior year period driven by improvements to our product offerings with customers finding value in bundling our seamless connectivity and entertainment products. Our core strategy is to deliver great products, at a great value, while continuously improving service. We remain focused on improving customer results through the power of our advanced fiber-powered network and cutting-edge connectivity products and services, and our simplified pricing and packaging strategy that better utilizes our seamless connectivity and entertainment products to offer lower promotional and persistent bundled pricing to drive growth. Our Internet and mobile product bundles provide a differentiated connectivity experience by bringing together Spectrum Internet,
14
Advanced WiFi and Spectrum Mobile to offer consumers fast, reliable and secure online connections on their favorite devices at home and on the go in high-value packages. We have completed deals with major programmers to deliver better flexibility and greater value to our customers by including seamless entertainment applications with certain of our Spectrum TV packages at no additional cost. We offer the sale of these seamless entertainment applications to customers on an à la carte basis, and through our digital storefront, the Spectrum App Store, customers can easily activate, upgrade, buy and manage their streaming applications in one place. We also continue to develop other elements of our video product and are deploying Xumo stream boxes to new video customers.
Our customer commitments focus on reliable connectivity, transparency, exceptional service and always improving. By continually improving our product set and offering consumers the opportunity to save money by switching to our services, we believe we can continue to penetrate our expanding footprint and sell additional products to our existing customers. We see operational benefits from the targeted investments we made in employee wages and benefits to build employee skill sets and tenure, as well as the continued investments in digitization of our customer service platforms, all with the goal of improving the customer experience, reducing transactions and driving customer growth and retention.
We currently offer Spectrum Internet products with speeds up to 1 Gbps across our entire footprint and multi-gigabit data speeds in a portion of our footprint. Our network evolution initiative remains on track to deliver symmetrical and multi-gigabit speeds across our entire footprint with convergence everywhere we operate. We spent $391 million and $818 million on our subsidized rural construction initiative during the three and six months ended June 30, 2026, respectively, and activated approximately 127,000 and 216,000 subsidized rural passings, respectively.
We realized revenue, Adjusted EBITDA and income from operations during the periods presented as follows (in millions; all percentages are calculated using whole numbers; minor differences may exist due to rounding):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 % Change 2026 2025 % Change
Revenues $ 13,526 $ 13,766 (1.7) % $ 27,123 $ 27,501 (1.4) %
Adjusted EBITDA $ 5,449 $ 5,693 (4.3) % $ 11,086 $ 11,456 (3.2) %
Income from operations $ 3,063 $ 3,279 (6.5) % $ 6,271 $ 6,516 (3.7) %
Adjusted EBITDA is defined as net income attributable to Charter shareholders plus net income attributable to noncontrolling interest, interest expense, net, income taxes, depreciation and amortization, stock compensation expense, other income (expenses), net and other operating (income) expenses, net, such as special charges, merger and acquisition costs and (gain) loss on sale or retirement of assets. See “Use of Adjusted EBITDA and Free Cash Flow” for further information on Adjusted EBITDA and free cash flow.
Total revenues decreased $240 million and $378 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to a higher seamless entertainment allocation and fewer customer relationships, partly offset by mobile line growth. Adjusted EBITDA decreased $244 million and $370 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to lower revenue and higher transition expenses incurred as we prepare to integrate Cox Communications. Income from operations was further impacted by a decrease in merger and acquisition costs.
15
The following table summarizes our customer statistics for connectivity, Internet, mobile, video and voice as of June 30, 2026 and 2025 (in thousands except per customer data and footnotes).
Approximate as of
June 30,
2026 (a)
2025 (a)
Customer Relationships (b)
Residential 29,276 29,819
Small Business 2,223 2,241
Total Customer Relationships 31,499 32,060
Monthly Residential Revenue per Residential Customer (c)
$ 117.52 $ 119.70
Monthly Small Business Revenue per Small Business Customer (d)
$ 165.27 $ 162.91
Connectivity (e)
Residential 28,306 28,705
Small Business 2,069 2,076
Total Connectivity Customers 30,375 30,781
Internet
Residential 27,358 27,868
Small Business 2,030 2,040
Total Internet Customers 29,388 29,908
Mobile Lines (f)
Residential 12,099 10,502
Small Business 441 354
Total Mobile Lines 12,540 10,856
Video (g)
Residential 12,010 12,087
Small Business 514 544
Total Video Customers 12,524 12,631
Voice
Residential 4,494 5,161
Small Business 1,200 1,225
Total Voice Customers 5,694 6,386
Mid-Market & Large Business Primary Service Units ("PSUs") (h)
364 350
(a) We calculate the aging of customer accounts based on the monthly billing cycle for each account in accordance with our collection policies. On that basis, as of June 30, 2026 and 2025, customers include approximately 84,000 and 99,400 customers, respectively, whose accounts were over 60 days past due, approximately 10,100 and 11,600 customers, respectively, whose accounts were over 90 days past due and approximately 13,400 and 18,900 customers, respectively, whose accounts were over 120 days past due.
(b) Customer relationships include the number of customers that receive one or more levels of service, encompassing Internet, mobile, video and voice services, without regard to which service(s) such customers receive. Customers who reside in residential multiple dwelling units (“MDUs”) and that are billed under bulk contracts are counted based on the number of billed units within each bulk MDU. Total customer relationships exclude mid-market & large business customer relationships.
(c) Monthly residential revenue per residential customer is calculated as total residential quarterly revenue divided by three divided by average residential customer relationships during the respective quarter.
16
(d) Monthly small business revenue per small business customer is calculated as total small business quarterly revenue divided by three divided by average small business customer relationships during the respective quarter.
(e) Connectivity customers represent all customers receiving our Internet and/or mobile connectivity services.
(f) Mobile lines include phones and tablets which require one of our standard rate plans (e.g., "Unlimited" or "By the Gig"). Mobile lines exclude wearables and other devices that do not require standard phone rate plans.
(g) Video customers only include customers that purchase Spectrum traditional or streaming linear video packages and exclude customers that only purchase streaming applications.
(h) Mid-market & large business PSUs represent the aggregate number of fiber service offerings counting each separate service offering at each customer location as an individual PSU.
Critical Accounting Policies and Estimates
For a discussion of our critical accounting policies and the means by which we develop estimates, see “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our 2025 Annual Report on Form 10-K. There have been no material changes from the critical accounting policies described in our Form 10-K.
Based on our quantitative impairment analysis during the fourth quarter of 2025, the fair value of our franchise intangibles exceeded the carrying value by more than 10% in each unit of accounting. Considering the decline in Charter’s stock price during the quarter ending June 30, 2026, we continue to monitor factors that could impact the fair value of our franchises and goodwill. We do not view this recent decline as representing a fundamental change in the long-term results of our business. However, if the lower stock price persists, we may need to evaluate whether this market perception represents a sustained decline in the market value of our business and perform a quantitative impairment assessment to determine any potential impact on the carrying value of our franchises and goodwill.
17
Results of Operations
The following table sets forth the consolidated statements of operations for the periods presented (dollars in millions, except per share data):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Revenues $ 13,526 $ 13,766 $ 27,123 $ 27,501
Costs and Expenses:
Operating costs and expenses (exclusive of items shown separately below)
8,215 8,230 16,378 16,424
Depreciation and amortization 2,197 2,176 4,408 4,357
Other operating expenses, net 51 81 66 204
10,463 10,487 20,852 20,985
Income from operations 3,063 3,279 6,271 6,516
Other Income (Expenses):
Interest expense, net (1,276) (1,263) (2,532) (2,504)
Other income (expenses), net 212 (107) 88 (249)
(1,064) (1,370) (2,444) (2,753)
Income before income taxes 1,999 1,909 3,827 3,763
Income tax expense (475) (414) (940) (859)
Consolidated net income 1,524 1,495 2,887 2,904
Less: Net income attributable to noncontrolling interests (232) (194) (432) (386)
Net income attributable to Charter shareholders $ 1,292 $ 1,301 $ 2,455 $ 2,518
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHARTER SHAREHOLDERS:
Basic $ 10.76 $ 9.41 $ 20.00 $ 18.00
Diluted $ 10.66 $ 9.18 $ 19.81 $ 17.59
Weighted average common shares outstanding, basic
120,121,017 138,205,810 122,789,924 139,889,251
Weighted average common shares outstanding, diluted
121,255,667 141,684,415 123,969,262 143,098,493
Revenues. Total revenues decreased $240 million and $378 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025. The decrease was primarily due to a higher seamless entertainment allocation and lower customer relationships, partly offset by mobile line growth.
18
Revenues by service offering were as follows (dollars in millions; all percentages are calculated using whole numbers; minor differences may exist due to rounding):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 % Change 2026 2025 % Change
Internet $ 5,776 $ 5,969 (3.2) % $ 11,628 $ 11,899 (2.3) %
Mobile service 1,095 921 18.9 % 2,147 1,835 17.0 %
Connectivity 6,871 6,890 (0.3) % 13,775 13,734 0.3 %
Video 3,149 3,488 (9.7) % 6,401 7,068 (9.4) %
Voice 331 346 (4.5) % 669 702 (4.7) %
Residential revenue 10,351 10,724 (3.5) % 20,845 21,504 (3.1) %
Small business 1,104 1,096 0.7 % 2,194 2,184 0.4 %
Mid-market & large business 761 740 2.8 % 1,510 1,474 2.4 %
Commercial revenue 1,865 1,836 1.5 % 3,704 3,658 1.2 %
Advertising sales 416 371 12.3 % 774 711 9.0 %
Other 894 835 7.1 % 1,800 1,628 10.6 %
$ 13,526 $ 13,766 (1.7) % $ 27,123 $ 27,501 (1.4) %
The decrease in Internet revenues from our residential customers is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Decrease in average residential Internet customers $ (104) $ (191)
Decrease related to rate (89) (80)
$ (193) $ (271)
Residential Internet customers decreased by 510,000 customers from June 30, 2025 to June 30, 2026.
The increase in mobile service revenues from our residential customers is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Increase in average residential mobile lines $ 147 $ 311
Increase related to rate 27 1
$ 174 $ 312
Residential mobile lines increased by approximately 1.6 million mobile lines from June 30, 2025 to June 30, 2026.
19
Video revenues consist primarily of revenues from video services provided to our residential customers, as well as franchise fees, equipment service fees and video installation revenue. The decrease in video revenues is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Increase in seamless entertainment allocation $ (184) $ (355)
Decrease related to rate and product mix changes (124) (227)
Decrease in average residential video customers (31) (85)
$ (339) $ (667)
Seamless entertainment allocation represents costs allocated to programmer streaming applications and netted within video revenue. The increase in seamless entertainment allocation is due to growth in seamless entertainment applications and higher activations. The decrease related to rate and product mix was primarily due to a higher mix of lower priced video packages within our video customer base and more unfavorable bundled revenue allocation, partly offset by promotional rate step-ups and video rate adjustments that pass-through programming rate increases. Residential video customers decreased by 77,000 from June 30, 2025 to June 30, 2026.
The decrease in voice revenues from our residential customers is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Decrease in average residential voice customers $ (45) $ (94)
Increase related to rate adjustments 30 61
$ (15) $ (33)
Residential wireline voice customers decreased by 667,000 customers from June 30, 2025 to June 30, 2026.
The increase in small business revenues is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Increase related to rate and product mix changes $ 16 $ 25
Decrease in average small business customers (8) (15)
$ 8 $ 10
Small business customers decreased by 18,000 from June 30, 2025 to June 30, 2026.
Mid-market & large business revenues increased $21 million and $36 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to an increase in Internet PSUs. Mid-market & large business PSUs increased 14,000 from June 30, 2025 to June 30, 2026.
Advertising sales revenues consist primarily of revenues from commercial advertising customers, programmers and other vendors, as well as local cable and advertising on regional sports and news channels. Advertising sales revenues increased $45 million and $63 million during the three and six months ended June 30, 2026, respectively, as compared to the corresponding periods in 2025 primarily due to an increase in political and streaming advertising revenue, partly offset by a decrease in linear advertising revenue.
20
Other revenues consist of revenue from mobile and video device sales, processing fees, regional sports and news channels (excluding intercompany charges or advertising sales on those channels), subsidy revenue, home shopping, wire maintenance fees and other miscellaneous revenues. Other revenues increased $59 million and $172 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to higher mobile device sales, partly offset by a one-time $45 million benefit in the prior year period.
Operating costs and expenses . The decrease in our operating costs and expenses, exclusive of items shown separately in the consolidated statements of operations, are attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Programming $ (218) $ (432)
Other costs of revenue 186 367
Field and technology operations 21 (3)
Customer operations 8 2
Marketing and residential sales (31) (61)
Transition expenses 65 89
Other (46) (8)
$ (15) $ (46)
Programming costs were approximately $2.0 billion and $2.3 billion for the three months ended June 30, 2026 and 2025, representing 25% and 27% of total operating costs and expenses, respectively, and $4.1 billion and $4.6 billion for the six months ended June 30, 2026 and 2025, representing 25% and 28% of total operating costs and expenses, respectively. Programming costs consist primarily of costs paid to programmers for basic, premium, video on demand, and pay-per-view programming. Programming costs decreased as a result of a $184 million and $355 million increase in costs allocated to seamless entertainment applications and netted within video revenue during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 as well as a higher mix of lower cost video packages within our video customer base and fewer video customers, partly offset by contractual rate adjustments, including renewals and increases in amounts paid for retransmission consent.
Other costs of revenue increased $186 million and $367 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to higher mobile device sales and mobile service direct costs due to an increase in mobile lines as well as higher advertising sales costs given higher political revenue.
Transition expenses represent incremental costs incurred to prepare for the integration of Cox Communications’ operations and to bring systems and processes into a uniform operating structure.
Depreciation and amortization. Depreciation and amortization expense increased $21 million and $51 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to an increase in depreciation as a result of more recent capital expenditures, partly offset by certain assets becoming fully depreciated.
21
Other operating expenses, net. The change in other operating expenses, net is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Special charges, net $ 14 $ (19)
Merger and acquisition costs (35) (21)
Loss on disposal of assets, net (9) (98)
$ (30) $ (138)
See Note 10 to the accompanying consolidated financial statements contained in “Item 1. Financial Statements” for more information.
Interest expense, net. Net interest expense increased by $13 million and $28 million for the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily due to an increase in weighted average debt.
Other income (expenses), net. The change in other income (expenses), net is attributable to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Loss on equity investments, net $ 59 $ 61
Gain (loss) on financial instruments, net (see Note 8) 17 37
Gain on extinguishment of debt, net (see Note 4) 243 239
$ 319 $ 337
See Note 10 and the Notes referenced above to the accompanying consolidated financial statements contained in “Item 1. Financial Statements” for more information.
Income tax expense. We recognized income tax expense of $475 million and $940 million for the three and six months ended June 30, 2026, respectively, and $414 million and $859 million for the three and six months ended June 30, 2025, respectively.
Net income attributable to noncontrolling interest. Net income attributable to noncontrolling interest for financial reporting purposes represents Advance/Newhouse Partnership's (“A/N”) portion of Charter Holdings’ net income based on its effective common unit ownership interest. For more information, see Note 7 to the accompanying consolidated financial statements contained in “Item 1. Financial Statements.”
Net income attributable to Charter shareholders. Net income attributable to Charter shareholders decreased $9 million and $63 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding periods in 2025 primarily as a result of the factors described above.
Use of Adjusted EBITDA and Free Cash Flow
We use certain measures that are not defined by U.S. generally accepted accounting principles (“GAAP”) to evaluate various aspects of our business. Adjusted EBITDA and free cash flow are non-GAAP financial measures and should be considered in addition to, not as a substitute for, net income attributable to Charter shareholders and net cash flows from operating activities reported in accordance with GAAP. These terms, as defined by us, may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA and free cash flow are reconciled to net income attributable to Charter shareholders and net cash flows from operating activities, respectively, below.
22
Adjusted EBITDA eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of our businesses as well as other non-cash or special items, and is unaffected by our capital structure or investment activities. However, this measure is limited in that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues and our cash cost of financing. These costs are evaluated through other financial measures.
Free cash flow is defined as net cash flows from operating activities, less capital expenditures and changes in accrued expenses related to capital expenditures.
Management and Charter’s board of directors use Adjusted EBITDA and free cash flow to assess our performance and our ability to service our debt, fund operations and make additional investments with internally generated funds. In addition, Adjusted EBITDA generally correlates to the leverage ratio calculation under our credit facilities or outstanding notes to determine compliance with the covenants contained in the facilities and notes (all such documents have been previously filed with the Securities and Exchange Commission (the “SEC”)). For the purpose of calculating compliance with leverage covenants, we use Adjusted EBITDA, as presented, excluding certain expenses paid by our operating subsidiaries to other Charter entities. Our debt covenants refer to these expenses as management fees which were $336 million and $702 million for the three and six months ended June 30, 2026, respectively, and $366 million and $732 million for the three and six months ended June 30, 2025, respectively.
A reconciliation of Adjusted EBITDA and free cash flow to net income attributable to Charter shareholders and net cash flows from operating activities, respectively, is as follows (dollars in millions):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Net income attributable to Charter shareholders $ 1,292 $ 1,301 $ 2,455 $ 2,518
Plus: Net income attributable to noncontrolling interest 232 194 432 386
Interest expense, net 1,276 1,263 2,532 2,504
Income tax expense 475 414 940 859
Depreciation and amortization 2,197 2,176 4,408 4,357
Stock compensation expense 138 157 341 379
Other, net (161) 188 (22) 453
Adjusted EBITDA $ 5,449 $ 5,693 $ 11,086 $ 11,456
Net cash flows from operating activities $ 3,925 $ 3,600 $ 8,229 $ 7,836
Less: Purchases of property, plant and equipment (2,871) (2,874) (5,726) (5,273)
Change in accrued expenses related to capital expenditures (85) 320 (162) 47
Free cash flow $ 969 $ 1,046 $ 2,341 $ 2,610
Liquidity and Capital Resources
Overview
We have significant amounts of debt and require significant cash to fund principal and interest payments on our debt. The principal amount of our debt as of June 30, 2026 was $93.8 billion, consisting of $12.5 billion of credit facility debt, $54.7 billion of investment grade senior secured notes and $26.7 billion of high-yield senior unsecured notes. Our split credit rating allows us to access both the investment grade debt and the high yield debt markets. Additionally, our bankruptcy remote special purpose vehicle is the borrower of a senior secured revolving credit facility to finance the purchase of equipment installment plan receivables with a number of financial institutions (the “EIP Financing Facility”). As of June 30, 2026, the carrying value of the EIP Financing Facility was $1.6 billion. For more information on the EIP Financing Facility, see Note 5 to the accompanying consolidated financial statements contained in “Item 1. Financial Statements.”
Our projected cash needs and projected sources of liquidity depend upon, among other things, our actual results, and the timing and amount of our expenditures. Free cash flow was $969 million and $2.3 billion for the three and six months ended June 30, 2026, respectively, and $1.0 billion and $2.6 billion for the three and six months ended June 30, 2025, respectively. See the table below for factors impacting free cash flow during the three and six months ended June 30, 2026 compared to the
23
corresponding prior periods. As of June 30, 2026, the amount available under our credit facilities was approximately $3.7 billion and cash on hand was approximately $509 million. We expect to utilize free cash flow, cash on hand and availability under our credit facilities as well as future refinancing transactions to further extend the maturities of our obligations. The timing and terms of any refinancing transactions will be subject to market conditions among other considerations. Additionally, we may, from time to time, and depending on market conditions and other factors, use cash on hand and the proceeds from securities offerings or other borrowings to retire our debt through open market purchases, privately negotiated purchases, tender and exchange offers or redemption provisions. In the second quarter of 2026, we executed an open market repurchase program and retired $1.2 billion in aggregate principal amount of various series of notes during the three and six months ended June 30, 2026. We are also required to fund approximately $4.2 billion of cash purchase price at the closing of the Cox Transactions. We believe we have sufficient liquidity from cash on hand, free cash flow and Charter Operating’s revolving credit facility as well as access to the capital markets to fund our projected cash needs.
We continue to evaluate the deployment of our cash on hand and anticipated future free cash flow, including investing in our business growth and other strategic opportunities, including expanding the capacity of our network, the expansion of our network through our rural broadband construction initiative, the build-out and deployment of our CBRS spectrum, and mergers and acquisitions as well as stock repurchases and dividends. Charter's leverage ratio of net debt to the last twelve months Adjusted EBITDA was 4.18 times as of June 30, 2026. Charter plans to maintain a leverage ratio, pro forma for the closing of the Liberty Broadband Corporation (“Liberty Broadband”) Combination near the midpoint of its stated range of 4.0 to 4.5 times Adjusted EBITDA in the period leading up to the Closing, and up to 3.5 times Adjusted EBITDA at the Charter Operating first lien level. Charter plans to adjust its long-term target leverage after the Closing to 3.5 times Adjusted EBITDA. We currently expect to decrease the total amount of our indebtedness to achieve Charter’s target leverage.
Excluding purchases from Liberty Broadband discussed below, during the three and six months ended June 30, 2026, Charter purchased in the public market approximately 2.1 million and 5.5 million shares of Charter Class A common stock, respectively, for approximately $433 million and $1.2 billion, respectively, and during the three and six months ended June 30, 2025, Charter purchased in the public market approximately 3.0 million and 4.2 million shares of Charter Class A common stock, respectively, for approximately $1.1 billion and $1.6 billion, respectively. Since the beginning of its buyback program in September 2016 through June 30, 2026, Charter has purchased approximately 188.0 million shares of Class A common stock and Charter Holdings common units for approximately $80.6 billion, including purchases from Liberty Broadband and A/N discussed below.
On November 12, 2024, Charter, Liberty Broadband, Fusion Merger Sub 1, LLC, a wholly owned subsidiary of Charter, and Fusion Merger Sub 2, Inc., a wholly owned subsidiary of Fusion Merger Sub 1, LLC, entered into an Agreement and Plan of Merger (as it may be amended or supplemented from time to time, the “Merger Agreement”), pursuant to which, subject to the terms and conditions set forth therein, Charter will acquire Liberty Broadband through the merger of Fusion Merger Sub 2, Inc. with and into Liberty Broadband (the “Merger”), with Liberty Broadband surviving the Merger and becoming an indirect wholly owned subsidiary of Charter. Immediately following the Merger, Liberty Broadband, as the surviving corporation of the Merger, will merge with and into Fusion Merger Sub 1, LLC (the “Upstream Merger” and together with the Merger, the “Liberty Broadband Combination”), with Fusion Merger Sub 1, LLC surviving the Upstream Merger as a wholly owned subsidiary of Charter.
On November 12, 2024, Charter and Liberty Broadband also entered into Amendment No. 1 to the Second Amended and Restated Stockholders Agreement and the Letter Agreement (the “Stockholders and Letter Agreement Amendment”). The Stockholders and Letter Agreement Amendment sets forth, among other things, the terms of Liberty Broadband’s participation in Charter’s share repurchases during the period between the execution of the Merger Agreement and the effective time of the Merger. Pursuant to the Stockholders and Letter Agreement Amendment, each month during the pendency of the proposed transaction, Charter will repurchase shares of Charter Class A common stock from Liberty Broadband in an amount equal to the greater of (i) $100 million and (ii) the Liberty Broadband minimum liquidity threshold as set forth in the Stockholders and Letter Agreement Amendment, provided that if any repurchase would reduce Liberty Broadband’s equity interest in Charter below 25.25% after giving effect to such repurchase or if all or a portion of such repurchase is not permitted under applicable law, then Charter shall instead loan to Liberty Broadband an amount equal to the lesser of (x) the repurchase amount that cannot be repurchased and (y) the Liberty Broadband minimum liquidity threshold as set forth in the Stockholders and Letter Agreement Amendment less the repurchase amount that is repurchased, with such loan on the terms set forth in the Stockholders and Letter Agreement Amendment. From and after the date Liberty Broadband’s exchangeable debentures are no longer outstanding, the amount of monthly repurchases will be the lesser of (i) $100 million and (ii) an amount equal to the sum of (x) the amount needed, in the reasonable judgment of Charter, to maintain an unrestricted cash balance of Liberty Broadband and its subsidiaries (other than GCI Holdings, LLC, GCI Spinco (as defined in the Merger Agreement) and their respective subsidiaries) of $50 million plus (y) the aggregate outstanding principal amount of the Liberty Broadband margin loan. The
24
purchase price payable by Charter to Liberty Broadband in connection with such monthly repurchases will equal (i) the average price paid by Charter for shares of Charter Class A common stock repurchased during the immediately preceding calendar month (excluding shares repurchased from A/N and certain other excluded repurchases) or (ii) if Charter has not engaged in any repurchases of shares of Charter Class A common stock during the immediately preceding calendar month (other than any repurchases from A/N and certain other excluded repurchases), a purchase price based on a Bloomberg volume-weighted average price methodology proposed by Charter and reasonably acceptable to Liberty Broadband. Liberty Broadband will apply the proceeds from any such repurchases or borrowings from Charter to repay certain of its outstanding indebtedness in accordance with the Stockholders and Letter Agreement Amendment. The Stockholders and Letter Agreement Amendment provides that Liberty Broadband will be exempt from the standstill restrictions and the ownership cap under the Second Amended and Restated Stockholders Agreement among Charter, Liberty Broadband and A/N, dated as of May 23, 2015 to the extent its ownership in Charter exceeds such ownership cap solely as a result of the repurchase provisions in the Stockholders and Letter Agreement Amendment. During the three and six months ended June 30, 2026, Charter purchased from Liberty Broadband 1.9 million and 2.8 million shares of Charter Class A common stock, respectively, for approximately $405 million and $595 million, respectively, and during the three and six months ended June 30, 2025, Charter purchased from Liberty Broadband 0.8 million and 1.6 million shares of Charter Class A common stock, respectively, for approximately $300 million and $600 million, respectively. Additionally, pursuant to the Merger Agreement and Stockholders and Letter Agreement Amendment, in May 2026, Charter advanced a term loan to Liberty Broadband in the aggregate principal amount of approximately $359 million.
In December 2016, Charter and A/N entered into a letter agreement, as amended in December 2017 (the “Existing A/N Letter Agreement”), that requires A/N to sell to Charter or to Charter Holdings, on a monthly basis, a number of shares of Charter Class A common stock or Charter Holdings common units that represents a pro rata participation by A/N and its affiliates in any repurchases of shares of Charter Class A common stock from persons other than A/N effected by Charter during the immediately preceding calendar month, at a purchase price equal to the average price paid by Charter for the shares repurchased from persons other than A/N during such immediately preceding calendar month. In connection with the Cox Transactions, Charter, Charter Holdings and A/N entered into an amendment to the Existing A/N Repurchase Letter, dated as of May 16, 2025 (the “A/N Repurchase Letter Amendment”) which sets forth, among other things, the updated terms of A/N’s participation in Charter’s share repurchases going forward. The right to participate pro rata in repurchases on the terms and conditions set forth in the A/N Repurchase Letter Amendment is effective only from the earlier of the Closing and, in the event the Transaction Agreement is terminated in accordance with its terms, the date of such termination (such earlier date, the “Trigger Date”). Prior to the Trigger Date, the Existing A/N Letter Agreement will remain in full force and continue to govern A/N’s participation in Charter’s share repurchases, except for certain specific amendments set forth in the A/N Repurchase Letter Amendment which became effective upon execution of the A/N Repurchase Letter Amendment, including, in certain circumstances, where A/N elects not to participate in redemptions by Charter Holdings because such participation would cause A/N’s equity interest in Charter to be less than 11% prior to the Trigger Date, A/N may, subject to certain conditions, elect to receive a tax loan from Charter Holdings on the terms set forth in the A/N Repurchase Letter Amendment and in definitive documents in form and substance reasonably satisfactory to Charter and A/N. During the three and six months ended June 30, 2025, Charter Holdings purchased from A/N 0.6 million and 0.7 million Charter Holdings common units for approximately $232 million and $252 million, respectively. Charter Holdings did not purchase any Charter Holdings common units from A/N during the three and six months ended June 30, 2026.
On August 4, 2025, Charter received a notice from A/N pursuant to the Existing Letter Agreement, whereby A/N notified Charter that A/N was suspending the standing share repurchase agreement between A/N and Charter (the “Suspension”). The Suspension took effect immediately after the first repurchase closing date under the Existing Letter Agreement to occur following the date of the notice. In the notice, A/N informed Charter that it intends for the Suspension to continue through the consummation of the closing of the Cox Transactions or the termination thereof, but reserved the right to end such Suspension before or after such time.
As of June 30, 2026, Charter had remaining board authority to purchase an additional $365 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. Although Charter expects to continue to buy back its common stock consistent with its leverage target range, Charter is not obligated to acquire any particular amount of common stock, and the timing of any purchases that may occur cannot be predicted and will largely depend on market conditions and other potential uses of capital. Purchases may include open market purchases, tender offers or negotiated transactions.
As possible acquisitions, swaps or dispositions arise, we actively review them against our objectives including, among other considerations, improving the operational efficiency, geographic clustering of assets, product development or technology capabilities of our business and achieving appropriate return targets, and we may participate to the extent we believe these
25
possibilities present attractive opportunities. However, there can be no assurance that we will actually complete any acquisitions, including the Cox Transactions or Liberty Broadband Combination, dispositions or system swaps, or that any such transactions will be material to our operations or results.
Free Cash Flow
Free cash flow decreased $77 million and $269 million during the three and six months ended June 30, 2026, respectively, compared to the corresponding prior periods in 2025 due to the following (dollars in millions):
Three months ended
June 30, 2026
compared to
three months ended
June 30, 2025 Six months ended
June 30, 2026
compared to
six months ended
June 30, 2025
Decrease in Adjusted EBITDA $ (244) $ (370)
Decrease (increase) in capital expenditures 3 (453)
Decrease in cash paid for taxes, net 554 536
Decrease (increase) in cash paid for interest, net 8 (63)
Changes in working capital, excluding mobile devices (340) 69
Changes in working capital, mobile devices (79) (28)
Other, net 21 40
$ (77) $ (269)
Limitations on Distributions
Distributions by our subsidiaries to a parent company for payment of principal on parent company notes are restricted under CCO Holdings indentures governing CCO Holdings' indebtedness, unless there is no default under the applicable indenture, and unless CCO Holdings' leverage ratio test is met at the time of such distribution. As of June 30, 2026, there was no default under any of these indentures, and CCO Holdings met its leverage ratio test based on June 30, 2026 financial results. There can be no assurance that CCO Holdings will satisfy its leverage ratio test at the time of the contemplated distribution.
In addition to the limitation on distributions under the various indentures, distributions by our subsidiaries may be limited by applicable law, including the Delaware Limited Liability Company Act, under which our subsidiaries may only make distributions if they have “surplus” as defined in the act.
Historical Operating, Investing, and Financing Activities
Cash and Cash Equivalents. We held $509 million and $477 million in cash and cash equivalents as of June 30, 2026 and December 31, 2025, respectively. In addition, we held $90 million and $121 million in restricted cash included in prepaid and other current assets in our consolidated balance sheets as of June 30, 2026 and December 31, 2025, respectively.
Operating Activities. Net cash provided by operating activities increased $393 million during the six months ended June 30, 2026 compared to the six months ended June 30, 2025 primarily due to a decrease in cash paid for taxes and favorable changes in working capital, partly offset by lower Adjusted EBITDA.
Investing Activities. Net cash used in investing activities was $6.2 billion and $5.4 billion for the six months ended June 30, 2026 and 2025, respectively. The increase in cash used was primarily due to an increase in capital expenditures and changes in accrued expenses related to capital expenditures.
Financing Activities. Net cash used in financing activities decreased $213 million during the six months ended June 30, 2026 compared to the six months ended June 30, 2025 primarily due to an increase in short-term borrowings under our deferred payment program and a decrease in the purchase of treasury stock and noncontrolling interest, partly offset by an increase in the amount by which repayments of long-term debt exceeded borrowings.
26
Capital Expenditures
We have significant ongoing capital expenditure requirements. Capital expenditures were $2.9 billion and $5.7 billion for the three and six months ended June 30, 2026, respectively, and $2.9 billion and $5.3 billion for the three and six months ended June 30, 2025, respectively. The increase in capital expenditures during the six months ended June 30, 2026 compared to the corresponding period in 2025 was primarily driven by higher spend on network evolution and an increase in customer premise equipment, partly offset by a decrease in line extensions. See the table below for more details.
We currently expect full year 2026 capital expenditures, excluding impacts from the Cox Transactions, to total approximately $11.4 billion. The actual amount of capital expenditures in 2026 will depend on a number of factors including, but not limited to, the pace of our network evolution and expansion initiatives, supply chain timing and residential and business growth rates.
Our capital expenditures are funded primarily from cash flows from operating activities and borrowings on our credit facility. In addition, our accrued expenses related to capital expenditures decreased by $162 million and increased by $47 million for the six months ended June 30, 2026 and 2025, respectively.
The following tables present our major capital expenditures categories in accordance with National Cable and Telecommunications Association (“NCTA”) disclosure guidelines for the three and six months ended June 30, 2026 and 2025. These disclosure guidelines are not required disclosures under GAAP, nor do they impact our accounting for capital expenditures under GAAP (dollars in millions):
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Customer premise equipment (a)
$ 654 $ 593 $ 1,322 $ 1,066
Scalable infrastructure (b)
336 371 646 664
Upgrade/rebuild (c)
657 457 1,332 852
Support capital (d)
494 425 884 785
Capital expenditures, excluding line extensions 2,141 1,846 4,184 3,367
Subsidized rural construction line extensions 390 543 816 1,010
Other line extensions 340 485 726 896
Total line extensions (e)
730 1,028 1,542 1,906
Total capital expenditures $ 2,871 $ 2,874 $ 5,726 $ 5,273
Of which:
Commercial services $ 293 $ 324 $ 579 $ 597
Subsidized rural construction initiative (f)
$ 391 $ 545 $ 818 $ 1,013
Mobile $ 70 $ 59 $ 129 $ 112
Transition (g)
$ 34 $ — $ 37 $ —
(a) Customer premise equipment includes equipment and devices located at the customer's premise used to deliver our Internet, video and voice services (e.g., modems, routers and set-top boxes), as well as installation costs.
(b) Scalable infrastructure includes costs, not related to customer premise equipment or our network, to secure growth of new customers or provide service enhancements (e.g., headend equipment).
(c) Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including our network evolution initiative.
(d) Support capital includes costs associated with the replacement or enhancement of non-network assets (e.g., back-office systems, non-network equipment, land and buildings, vehicles, tools and test equipment).
(e) Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
(f) The subsidized rural construction initiative subcategory includes projects for which we are receiving subsidies from federal, state and local governments, excluding customer premise equipment and installation.
(g) Transition represents incremental capital costs incurred to prepare for the integration of Cox Communications’ operations and to bring systems and processes into a uniform operating structure.
27
Recently Issued Accounting Standards
See Note 22 to the Annual Report on Form 10-K for the year ended December 31, 2025 for a discussion of recently issued accounting standards. There have been no material changes from the recently issued accounting standards described in our Form 10-K.
Item 3. 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.
Item 4. Controls and Procedures.
As of the end of the period covered by this report, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we have evaluated the effectiveness of our design and operation of disclosure controls and procedures with respect to the information generated for use in this quarterly report. The evaluation was based upon reports and certifications provided by a number of executives. Based on, and as of the date of that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that the disclosure controls and procedures were effective to provide reasonable assurances that information required to be disclosed in the reports we file or submit under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms.
In designing and evaluating the disclosure controls and procedures, our management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute, assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Based upon the evaluation, we believe that our controls provide such reasonable assurances.
During the quarter ended June 30, 2026, there was no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
28
PART II. OTHER INFORMATION
Item 1. Legal Proceedings.
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.
Item 1A. Risk Factors.
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.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Purchases of Equity Securities by the Issuer
The following table presents Charter’s purchases of equity securities completed during the second quarter of 2026 (dollars in millions, except per share amounts):
Period Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (2)
April 1 - 30, 2026 4,005,612 $228.65 2,370,455 $419
May 1 - 31, 2026 1,596,910 $195.62 1,594,775 $365
June 1 - 30, 2026 40,405 $158.47 31,315 $365
(1) Includes 1,635,157, 2,135 and 9,090 shares withheld from employees for the payment of taxes and exercise costs upon the exercise of stock options or vesting of other equity awards for the months of April, May and June 2026, respectively.
(2) During the three months ended June 30, 2026, Charter purchased approximately 4.0 million shares of its Class A common stock for approximately $838 million. As of June 30, 2026, Charter had remaining board authority to purchase an additional $365 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. In addition to open market purchases including pursuant to Rule 10b5-1 plans adopted from time to time, Charter may also buy shares of Charter Class A common stock, from time to time, pursuant to private transactions outside of its Rule 10b5-1 plan and any such repurchases may also trigger the repurchases from A/N pursuant to and to the extent provided in the Existing A/N Letter Agreement or Liberty Broadband pursuant to the Stockholders and Letter Agreement Amendment.
Item 6. Exhibits.
See Exhibit Index.
29
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Charter Communications, Inc. has duly caused this quarterly report to be signed on its behalf by the undersigned, thereunto duly authorized.
CHARTER COMMUNICATIONS, INC.
Registrant
By: /s/ Kevin D. Howard
Kevin D. Howard
Date: July 24, 2026 Executive Vice President, Chief Accounting Officer and Controller
S-1
Exhibit Index
Exhibit Description
10.1 Charter Communications, Inc. 2019 Stock Incentive Plan (incorporated by reference to Annex A to the definitive proxy statement for the Charter Communications, Inc. 2019 Annual Meeting of Stockholders filed on March 14, 2019).
10.2 Amendment to the Charter Communications, Inc. 2019 Stock Incentive Plan, dated as of January 28, 2020 (incorporated by reference to Exhibit 10.152 to the Annual Report on Form 10-K of Charter Communications, Inc. filed on January 31, 2020).
10.3 Second Amendment to the Charter Communications, Inc. 2019 Stock Incentive Plan, dated as of April 23, 2024 (incorporated by reference to Appendix B to the definitive proxy statement for the Charter Communications, Inc. 2024 Annual Meeting of Stockholders filed on March 14, 2024).
10.4 Third Amendment to Charter Communications, Inc. 2019 Stock Incentive Plan, dated as of April 21, 2026 (incorporated by reference to Appendix B to the Proxy Statement for the Charter Communications, Inc. 2026 Annual Meeting of Stockholders filed March 12, 2026).
10.5 Employment Agreement, dated as of May 15, 2026, between Charter Communications, Inc. and Jamal Haughton (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Charter Communications, Inc. on May 19, 2026).
31.1* Certificate of Chief Executive Officer pursuant to Rule 13a-14(a)/Rule 15d-14(a) under the under the Securities Exchange Act of 1934.
31.2* Certificate of Chief Financial Officer pursuant to Rule 13a-14(a)/Rule 15d-14(a) under the Securities Exchange Act of 1934.
32.1* Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer).
32.2* Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Financial Officer).
101 The following financial information from Charter Communications, Inc.’s Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026, filed with the Securities and Exchange Commission on July 24, 2026, formatted in iXBRL (inline eXtensible Business Reporting Language) includes: (i) the Consolidated Balance Sheets; (ii) the Consolidated Statements of Operations; (iii) the Consolidated Statements of Changes in Shareholders' Equity; (iv) the Consolidated Statements of Cash Flows; and (vi) the Notes to the Consolidated Financial Statements.
104 Cover Page, formatted in iXBRL and contained in Exhibit 101.
* Filed herewith
E-1
0000001 - Document - Document And Entity Information
link:presentationLink
link:calculationLink
link:definitionLink
9952151 - Statement - CONSOLIDATED BALANCE SHEETS
link:presentationLink
link:calculationLink
link:definitionLink
9952152 - Statement - CONSOLIDATED BALANCE SHEET (PARENTHETICALS)
link:presentationLink
link:calculationLink
link:definitionLink
9952153 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS
link:presentationLink
link:calculationLink
link:definitionLink
9952154 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
link:presentationLink
link:calculationLink
link:definitionLink
9952155 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
link:presentationLink
link:calculationLink
link:definitionLink
9952156 - Disclosure - Organization and Basis of Presentation (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952157 - Disclosure - Mergers and Acquisitions (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952158 - Disclosure - Accounts Payable, Accrued and Other Current Liabilities (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952159 - Disclosure - Total Debt (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952160 - Disclosure - Equipment Installment Plan Financing Facility (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952161 - Disclosure - Common Stock (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952162 - Disclosure - Noncontrolling Interests (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952163 - Disclosure - Accounting for Derivative Instruments and Hedging Activities (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952164 - Disclosure - Revenue (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952165 - Disclosure - Segment Reporting (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952166 - Disclosure - Stock Compensation Plans (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952167 - Disclosure - Earnings Per Share (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9952168 - Disclosure - Related Party Transactions (Notes)
link:presentationLink
link:calculationLink
link:definitionLink
9955511 - Disclosure - Organization and Basis of Presentation (Policies)
link:presentationLink
link:calculationLink
link:definitionLink
9955512 - Disclosure - Segment Reporting (Policies)
link:presentationLink
link:calculationLink
link:definitionLink
9955513 - Disclosure - Accounts Payable, Accrued and Other Current Liabilities (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955514 - Disclosure - Total Debt (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955515 - Disclosure - Common Stock (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955516 - Disclosure - Noncontrolling Interest (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955517 - Disclosure - Accounting for Derivative Instruments and Hedging Activities (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955518 - Disclosure - Revenue (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955519 - Disclosure - Segment Reporting (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955520 - Disclosure - Stock Compensation Plans (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955521 - Disclosure - Earnings Per Share (Tables)
link:presentationLink
link:calculationLink
link:definitionLink
9955522 - Disclosure - Mergers and Acquisitions (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955523 - Disclosure - Accounts Payable, Accrued and Other Current Liabilities (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955524 - Disclosure - Total Debt (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955525 - Disclosure - Equipment Installment Plan Financing Facility (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955526 - Disclosure - Common Stock (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955527 - Disclosure - Noncontrolling Interests (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955528 - Disclosure - Accounting for Derivative Instruments and Hedging Activities (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955529 - Disclosure - Revenue (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955530 - Disclosure - Segment Reporting (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955531 - Disclosure - Segment Reporting - Operating Costs and Expenses (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955532 - Disclosure - Segment Reporting - Other Operating (Income) Expense, Net (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955533 - Disclosure - Segment Reporting - Other Income (Expense), Net (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955534 - Disclosure - Stock Compensation Plans (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955535 - Disclosure - Earnings Per Share (Details)
link:presentationLink
link:calculationLink
link:definitionLink
9955536 - Disclosure - Related Party Transactions (Details)
link:presentationLink
link:calculationLink
link:definitionLink
Income tax withholding
Treasury Stock Acquired Shares Withheld Restricted Stock And Restricted Stock Unit Vesting [Member]
Shares withheld in payment of income tax withholding owed by employees upon vesting of restricted shares and restricted stock units.
Capital expenditures
Accrued capital expenditures
Carrying value as of the balance sheet date of accrued capital expenditures for long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.
Maximum
Maximum [Member]
Mobile handsets
Mobile handsets [Member]
Mobile handsets
Stock Compensation Plans
Share-Based Payment Arrangement [Text Block]
Equity issued pursuant to employee stock purchase plan
Stock Issued During Period, Value, Employee Stock Purchase Plan
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Change in accrued expenses related to capital expenditures
Changes in accrued expenses related to capital expenditures
The increase (decrease) during the reporting period in the amounts payable for capital expenditures.
Mobile service
Mobile service [Member]
Mobile service
Title of 12(b) Security
Title of 12(b) Security
Document Fiscal Year Focus
Document Fiscal Year Focus
Merger and acquisition costs
Business Combination, Acquisition-Related Cost, Expense
Franchises
Indefinite-Lived Franchise Rights
Stock compensation expense (see Note 11)
Share-Based Payment Arrangement, Expense
Convertible Preferred Units
Convertible Preferred Units [Member]
Convertible Preferred Units
Revenue [Abstract]
Revenue [Abstract]
Revenue [Abstract]
Field and technology operations
Field and network operations
Field and network operations costs
OTHER LONG-TERM LIABILITIES
Other Liabilities, Noncurrent
Segment Reporting [Abstract]
Goodwill
Goodwill
Product Information [Line Items]
Product Information [Line Items]
Common stock
Common Stock, Value, Issued
Depreciation and amortization
Depreciation, Amortization and Accretion, Net
Foreign currency remeasurement of Sterling Notes to U.S. dollars
Realized Gain (Loss), Foreign Currency Transaction, before Tax
Labor
Employee-related Liabilities, Current
Common Class C
Common Class C [Member]
Accumulated Deficit
Retained Earnings [Member]
Transition expenses
Business Combination, Integration-Related Cost, Expense
Operating costs and expenses (exclusive of items shown separately below)
Operating costs and expenses
Operating Expenses
Rollforward of Consolidated Shareholders' Equity:
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, shares outstanding (shares)
Common Stock, Shares, Outstanding
Payments for debt issuance costs
Payments of Debt Issuance Costs
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Diluted (dollars per share)
Diluted earnings per common share attributable to Charter shareholders (dollars per share)
Earnings Per Share, Diluted
Entity Current Reporting Status
Entity Current Reporting Status
Residential revenue
Residential Product Line [Member]
Residential Product Line [Member]
Net cash flows from financing activities
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Prepaid expenses and other assets
Increase (Decrease) in Prepaid Expense and Other Assets
Amendment Flag
Amendment Flag
Noncontrolling Interest [Axis]
Noncontrolling Interest [Axis]
Noncontrolling Interest [Axis]
CURRENT LIABILITIES:
Liabilities, Current [Abstract]
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Ownership [Domain]
Ownership [Domain]
Adjustments to reconcile consolidated net income to net cash flows from operating activities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Change in noncontrolling interest ownership, net of tax
Noncontrolling Interest Increase Decrease From Changes In Subsidiary Ownership
Amount of increase (decrease) in noncontrolling interest from changes in subsidiary ownership.
Property, plant and equipment, net of accumulated depreciation of $41,990 and $41,514, respectively
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization
Availability under credit facilities
Line of Credit Facility, Remaining Borrowing Capacity
Common Noncontrolling Interest
Common Noncontrolling Interest [Member]
Common Noncontrolling Interest [Member]
Credit facilities(b)
Credit facilities [Member]
Credit facilities
Related Party Transactions Disclosure
Related Party Transactions Disclosure [Text Block]
5.125% senior secured notes due May 1, 2027
5.125% senior secured notes due May 1, 2027 [Member]
5.125% senior secured notes due May 1, 2027
Entity Address, State or Province
Entity Address, State or Province
Stock options granted in period (shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross
Revenue
Revenue from Contract with Customer [Text Block]
Common stock, par value (dollars per share)
Common Stock, Par or Stated Value Per Share
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Notional amount
Derivative, Notional Amount
Weighted average common shares outstanding, basic (shares)
Weighted Average Number of Shares Outstanding, Basic
OTHER INCOME (EXPENSES):
Other Expenses [Abstract]
Senior secured notes and debentures(a)
Senior Secured Notes and Debentures [Member]
Senior Secured Notes and Debentures
Equity Award Grants
Share-Based Payment Arrangement, Activity [Table Text Block]
Other, net
Payment for (Proceeds from) Other Investing Activity
Number of reportable segments
Number of Reportable Segments
Schedule of Noncontrolling Interest Purchased
Schedule of Noncontrolling Interest Purchased [Table Text Block]
Schedule of noncontrolling interest disclosure which includes number of units purchased during the period, average price paid, total amount paid and the effect on the statement of shareholders' equity.
Total current liabilities
Liabilities, Current
Cox - Equity Sale
Cox - Equity Sale [Member]
Cox - Equity Sale
Special charges, net
Other Nonrecurring (Income) Expense
Related Party Transaction [Table]
Related Party Transaction [Table]
INVESTMENT IN CABLE PROPERTIES:
Investment In Cable Properties [Abstract]
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration]
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration]
Entity Address, City or Town
Entity Address, City or Town
Stock Compensation Plans [Abstract]
Stock Compensation Plans [Abstract]
Stock Compensation Plans [Abstract]
Income from operations
Operating Income (Loss)
Awards other than stock options granted in period (shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Stock Compensation Plans:
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Current Fiscal Year End Date
Current Fiscal Year End Date
Total other income (expenses), net
Total Nonoperating Income Expense including Interest Expense, Net
Total Nonoperating Income Expense including Interest Expense, Net
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Basis of Accounting, Policy
Basis of Accounting, Policy [Policy Text Block]
Class of Stock [Axis]
Class of Stock [Axis]
Video
Residential Video Product Line [Member]
Residential Video Product Line [Member]
5.750% Sterling Senior Notes Due June 2, 2031
5.750% Sterling Senior Notes Due June 2, 2031 [Member]
5.750% Sterling Senior Notes Due June 2, 2031
Receivable [Domain]
Receivable [Domain]
Level 2
Fair Value, Inputs, Level 2 [Member]
Customer relationships, accumulated amortization
Intangible Asset, Finite-Lived, Accumulated Amortization
Entity File Number
Entity File Number
Exercise of stock options
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture
EIP Financing Facility Borrowing Capacity
Line of Credit Facility, Maximum Borrowing Capacity
Current portion of long-term debt
Long-Term Debt, Current Maturities
Distributions to noncontrolling interest
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders
Equipment Installment Plan Financing Facility
Equipment Installment Plan Financing Facility [Text Block]
The entire disclosure for the Equipment Installment Plan Financing Facility
Common stock, shares issued (shares)
Common Stock, Shares, Issued
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-Term Debt Instruments [Table]
Noncash interest, net
Amortization of Debt Discount (Premium)
Entity Information [Line Items]
Entity Information [Line Items]
Treasury Stock (shares)
Treasury Stock, Common, Shares
Treasury stock at cost; 10,324,746 and no shares, respectively
Treasury Stock, Value
Commercial revenue
Commercial Product Line [Member]
Commercial Product Line [Member]
Segment Reporting
Segment Reporting [Table Text Block]
Noncontrolling Interests
Noncontrolling Interest [Member]
Other expense
Other Cost and Expense, Operating
Use of Estimates, Policy
Use of Estimates, Policy [Policy Text Block]
Equity Components [Axis]
Equity Components [Axis]
Accounts receivable
Increase (Decrease) in Accounts Receivable
Related Party
Related Party [Member]
Product and Service [Domain]
Product and Service [Domain]
Related Party [Axis]
Related and Nonrelated Parties [Axis]
Class of Stock [Line Items]
Class of Stock [Line Items]
Noncontrolling Interests
Noncontrolling Interest Disclosure [Text Block]
Class A Common Stock
Common Class A [Member]
Entity Interactive Data Current
Entity Interactive Data Current
Carrying Value
Long-Term Debt
Common Units
Member Units [Member]
Less: Net income attributable to noncontrolling interests
Net income attributable to noncontrolling interest
Net Income (Loss) Attributable to Noncontrolling Interest
Internet
Residential Internet Product Line [Member]
Residential Internet Product Line [Member]
Charter
Charter [Member]
Charter Communications, Inc.
Supplier Finance Program [Line Items]
Supplier Finance Program [Line Items]
DEFERRED INCOME TAXES
Deferred Income Tax Liabilities, Net
Supplier Finance Program [Domain]
Supplier Finance Program [Domain]
Accounts payable, accrued and other current liabilities
Total accounts payable and accrued liabilities
Accounts Payable and Accrued Liabilities, Current
Entity Small Business
Entity Small Business
Document Period End Date
Document Period End Date
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]
Noncontrolling Interest [Table]
Noncontrolling Interest [Table]
Net cash flows from investing activities
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Preferred stock, shares outstanding (shares)
Preferred Stock, Shares Outstanding
Programming
Programming Expense
Programming Expense
Principal Amount
Debt Instrument, Face Amount
Security Exchange Name
Security Exchange Name
Long-Term Debt assumed in business combination
Business Combination, Recognized Liability Assumed, Long-Term Debt, Noncurrent
Customer relationships, net of accumulated amortization of $18,078 and $17,875, respectively
Customer relationships, net
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the value of the business relationship with existing customers (less anticipated churn).
Open Market Repurchase Program
Open Market Repurchase Program [Member]
Open Market Repurchase Program
Award expiration period
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period
OTHER NONCURRENT ASSETS
Other noncurrent assets
Other Assets, Noncurrent
Document Type
Document Type
Debt Instrument, Repurchased Face Amount
Debt Instrument, Repurchased Face Amount
Programming costs
Program Rights Obligations, Current
Gain (loss) on extinguishment of debt
Gain on extinguishment of debt, net (see Note 4)
Gain (Loss) on Extinguishment of Debt
Loss on disposal of assets, net
Gain (Loss) on Disposition of Assets
Entity Shell Company
Entity Shell Company
Class B Common Stock
Common Class B [Member]
Remaining authorized repurchase amount
Share Repurchase Program, Remaining Authorized, Amount
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Interest
Interest Payable, Current
Borrowings of long-term debt
Proceeds from Issuance of Long-Term Debt
Local Phone Number
Local Phone Number
Segment Reporting, Policy
Segment Reporting, Policy [Policy Text Block]
Earnings Per Share
Earnings Per Share [Text Block]
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Entity Registrant Name
Entity Registrant Name
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHARTER SHAREHOLDERS:
Earnings Per Share [Abstract]
Number of units purchased (shares)
Noncontrolling Interest, Purchase of Interests, Shares Purchased
Number of shares purchased from noncontrolling shareholders resulting in a decrease in noncontrolling interests during the period.
Document Fiscal Period Focus
Document Fiscal Period Focus
Income before income taxes
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
Advertising sales
Advertising sales [Member]
Advertising sales [Member]
Supplier Finance Program [Axis]
Supplier Finance Program [Axis]
Trading Symbol
Trading Symbol
REVENUES
Revenues
Loss on equity investments, net
Income (Loss) from Equity Method Investments
Purchases of property, plant and equipment
Payments to Acquire Property, Plant, and Equipment
Purchase of noncontrolling interest
Minority Interest Decrease From Redemptions Purchase Price
Gross purchase price related to the decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests).
Accounts payable, accrued liabilities and other
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Senior unsecured notes
Senior Unsecured Notes [Member]
Senior Unsecured Notes
Schedule of effects on statement of shareholders' equity due to ownership changes
Schedule of effects on statement of shareholders' equity due to ownership changes [Table Text Block]
Schedule of noncontrolling interest disclosure due to changes in ownership and the effect on the statement of shareholders' equity.
Receivable Type [Axis]
Receivable Type [Axis]
Distributions to noncontrolling interest
Payments of Ordinary Dividends, Noncontrolling Interest
Award vesting period
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period
COSTS AND EXPENSES:
Operating Costs and Expenses [Abstract]
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities and Equity [Abstract]
Intangible Asset, Finite-Lived, Impairment Loss, Statement of Income or Comprehensive Income [Extensible Enumeration]
Intangible Asset, Finite-Lived, Impairment Loss, Statement of Income or Comprehensive Income [Extensible Enumeration]
Borrowings of equipment installment plan financing facility
Borrowings of equipment installment plan financing facility
Proceeds from borrowings of equipment installment plan financing facility
Other costs of revenue
Other costs of revenue
Other costs of revenue
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities [Abstract]
Award Type [Domain]
Award Type [Domain]
Share buybacks
Treasury Stock Acquired Shares Repurchased [Member]
Shares repurchased under a stock repurchase program.
Minority Interest Ownership Percentage Threshold
Subsidiary, Ownership Percentage, Parent
Accounting for Derivative Instruments and Hedging Activities [Abstract]
Accounting for Derivative Instruments and Hedging Activities [Abstract]
Accounting for Derivative Instruments and Hedging Activities [Abstract]
Treasury stock acquired (shares)
Treasury Stock, Shares, Acquired
Equipment installment plan receivable
Equipment installment plan receivable [Member]
Equipment installment plan receivable
Ownership percentage held by noncontrolling interest (percentage)
Subsidiary, Ownership Percentage, Noncontrolling Owner
Related Party Transactions [Abstract]
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]
Restricted cash
Restricted Cash
Short-term borrowings
Other Short-Term Borrowings
Noncontrolling Interests [Abstract]
Noncontrolling Interests [Abstract]
Noncontrolling Interests [Abstract]
Percentage of Voting Interests Acquired (percentage)
Business Combination, Voting Equity Interest Acquired, Percentage
Weighted average common shares outstanding, diluted (shares)
Weighted average common shares outstanding, diluted (shares)
Weighted Average Number of Shares Outstanding, Diluted
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Entity Emerging Growth Company
Entity Emerging Growth Company
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Value of Equity Interest Issued
Business Combination, Consideration Transferred, Equity Interest, Share Issued, Value
Entity Tax Identification Number
Entity Tax Identification Number
Legal Entity [Axis]
Legal Entity [Axis]
Accounting for Derivative Instruments and Hedging Activities
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Entities [Table]
Entities [Table]
Purchases of treasury stock, including excise tax
Treasury Stock, Value, Acquired, Cost Method
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Value of Charter Class A common stock acquired from Liberty Broadband during pendency of Liberty Broadband combination
Value of Charter Class A common stock acquired from Liberty Broadband during pendency of Liberty Broadband combination
Value of Charter Class A common stock acquired from Liberty Broadband during pendency of Liberty Broadband combination
Other
Other Accrued Liabilities, Current
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Organization and Basis of Presentation
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Debt Instrument [Axis]
Debt Instrument [Axis]
Payments to Acquire Businesses
Payments to Acquire Businesses, Gross
Stock compensation expense
Share-Based Payment Arrangement, Noncash Expense
Treasury Stock
Treasury Stock, Common [Member]
Small business
Commercial Small and Medium Business Product Line [Member]
Commercial Small and Medium Business Product Line [Member]
Stock compensation expense
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition
Treasury Stock Acquired [Axis]
Treasury Stock Acquired [Axis]
Treasury Stock Acquired [Axis]
Level 1
Fair Value, Inputs, Level 1 [Member]
Total Debt Summary
Schedule of Debt [Table Text Block]
Purchase of noncontrolling interest
Payments for Repurchase of Redeemable Noncontrolling Interest
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basic (dollars per share)
Basic earnings per common share attributable to Charter shareholders (dollars per share)
Earnings Per Share, Basic
Purchase of treasury stock
Payments for Repurchase of Common Stock
Payments for Repurchase of Common Stock
Total current assets
Assets, Current
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Supplier Finance Program [Table]
Supplier Finance Program [Table]
Assumed exercise or issuance of shares relating to stock plans
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements
LONG-TERM DEBT
Long-Term Debt, Excluding Current Maturities
EIP Unpaid Principal Balance
EIP Unpaid Principal Balance
Total amount of the unpaid principal balance of equipment installment plan receivables included within accounts receivable, net and other noncurrent assets
Award Type [Axis]
Award Type [Axis]
Liberty Broadband
Liberty Broadband [Member]
Liberty Broadband
Accounts receivable, less allowance for doubtful accounts of $238 and $219, respectively
Accounts receivable, net
Accounts Receivable, after Allowance for Credit Loss, Current
Class of Treasury Stock
Class of Treasury Stock [Table Text Block]
Accumulated deficit
Retained Earnings (Accumulated Deficit)
Preferred stock, par value (dollars per share)
Preferred Stock, Par or Stated Value Per Share
Product and Service [Axis]
Product and Service [Axis]
Fair Value
Long-Term Debt, Fair Value
Common Stock
Common Stock [Member]
Marketing and residential sales
Selling and Marketing Expense
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY
Amount, after deduction of debt issuance cost, of equipment installment plan financing facility classified as noncurrent.
Supplier Finance Program, Obligation, Current
Supplier Finance Program, Obligation, Current
Cover page.
Cover [Abstract]
Derivative Liability, Statement of Financial Position [Extensible Enumeration]
Derivative Liability, Statement of Financial Position [Extensible Enumeration]
Earnings Per Share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Conversion price (amount per share)
Conversion price (amount per share)
The price per unit of the conversion feature
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Abstract]
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Noncontrolling Interests:
Noncontrolling Interest [Line Items]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Segment Reporting
Segment Reporting [Text Block]
Derivative Contract [Domain]
Derivative Contract [Domain]
Revenue
Disaggregation of Revenue [Table Text Block]
Total liabilities and shareholders’ equity
Liabilities and Equity
Total shareholders’ equity
Balance
Balance
Equity, Including Portion Attributable to Noncontrolling Interest
Voice
Residential Voice Product Line [Member]
Residential Voice Product Line [Member]
Stock options
Share-Based Payment Arrangement, Option [Member]
Change in fair value of cross-currency derivative instruments
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments
Noncontrolling interests
Equity, Attributable to Noncontrolling Interest
Business Combination [Line Items]
Business Combination [Line Items]
Related Party [Domain]
Related and Nonrelated Parties [Domain]
Common stock, shares authorized (shares)
Common Stock, Shares Authorized
Nature of Operation, Product Information, Concentration of Risk [Table]
Nature of Operation, Product Information, Concentration of Risk [Table]
Total Debt
Long-Term Debt [Text Block]
Total Charter Shareholders’ Equity
Parent [Member]
CCO holdings
CCO holdings [Member]
Another company which is controlled, directly or indirectly, by its parent. The usual condition for control is ownership of a majority (over 50%) of the outstanding voting stock. The power to control may also exist with a lesser percentage of ownership, for example, by contract, lease, agreement with other stockholders or by court decree.
Accounts Payable and Accrued Liabilities
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]
Other operating expenses, net
Other operating (income) expenses, net
Other Operating Income (Expense), Net
SHAREHOLDERS’ EQUITY:
Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Common Stock [Abstract]
Common Stock [Abstract]
Common Stock [Abstract]
Unrecognized compensation cost
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount
Charter Operating
Charter Operating [Member]
Charter Operating [Member]
Document Quarterly Report
Document Quarterly Report
EIP Financing Facility
EIP Financing Facility [Member]
EIP Financing Facility
Gain (Loss) On Financial Instruments, Net
Gain (Loss) On Financial Instruments, Net [Abstract]
Gain (Loss) On Financial Instruments, Net [Abstract]
Accrued and other current liabilities:
Accrued Liabilities, Current [Abstract]
Time Warner Cable
Time Warner Cable LLC [Member]
Time Warner Cable LLC
Preferred stock, shares authorized (shares)
Preferred Stock, Shares Authorized
Derivatives:
Derivatives, Fair Value [Line Items]
Preferred stock; $0.001 par value; 250 million shares authorized; no shares issued and outstanding
Preferred Stock, Value, Issued
Cox - Contribution
Cox - Contribution [Member]
Cox - Contribution
Repayments of long-term debt
Repayments of Long-Term Debt
Total investment in cable properties, net
Total investment in cable properties, net
Sum of carrying amounts as of the balance sheet date of property, plant and equipment, franchises, customer relationships, net and goodwill.
Exercise cost
Treasury Stock Acquired Shares Withheld Stock Option Exercise Costs [Member]
Shares withheld representing the exercise costs owed by employees upon exercise of stock options.
Liberty Broadband's equity percentage in Charter after Charter's buyback of Liberty Broadband shares during pendency of Liberty Broadband combination
Liberty Broadband's equity percentage in Charter after Charter's buyback of Liberty Broadband shares during pendency of Liberty Broadband combination
Liberty Broadband's equity percentage in Charter after Charter's buyback of Liberty Broadband shares during pendency of Liberty Broadband combination
Class of Stock [Domain]
Class of Stock [Domain]
Business Combination [Table]
Business Combination [Table]
Mergers and Acquisitions Disclosures
Mergers, Acquisitions and Dispositions Disclosures [Text Block]
Equity Component [Domain]
Equity Component [Domain]
CASH PAID FOR INTEREST
Interest Paid, Excluding Capitalized Interest, Operating Activity
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Treasury Stock Acquired [Domain]
Treasury Stock Acquired [Domain]
[Domain] for Treasury Stock Acquired [Axis]
Accounts payable – trade
Accounts Payable, Trade, Current
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]
Customer operations
Customer operations
Customer operations costs
Noncontrolling Interest [Domain]
Noncontrolling Interest [Domain]
[Domain] for Noncontrolling Interest [Axis]
Purchase of noncontrolling interest, net of tax
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests
Total costs and expenses
Costs and Expenses
Stated interest rate (percentage)
Debt Instrument, Interest Rate, Stated Percentage
Total Charter shareholders’ equity
Equity, Attributable to Parent
Other income (expenses), net
Other income (expenses), net
Nonoperating Income (Expense)
Business Combination, Consideration Transferred, Equity Interest, Type [Domain]
Business Combination, Consideration Transferred, Equity Interest, Type [Domain]
Fair Value, Measurements, Fair Value Hierarchy [Domain]
Fair Value Hierarchy and NAV [Domain]
Other, net
Other Noncash Income (Expense)
A/N
A/N [Member]
A/N
ASSETS
Assets [Abstract]
Long-term Debt:
Debt Instrument [Line Items]
Income Statement Effects of Financial Instruments
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
Number of Shares of Equity Interest Issued (shares)
Business Combination, Consideration Transferred, Equity Interest, Share Issued, Number of Shares
Additional Paid-in Capital
Additional Paid-in Capital [Member]
Entity Filer Category
Entity Filer Category
Cox - $1.00
Cox - $1.00 [Member]
Cox - $1.00
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
Other, net
Proceeds from (Payment for) Other Financing Activity
Allowance for doubtful accounts
Accounts Receivable, Allowance for Credit Loss, Current
Prepaid expenses and other current assets
Prepaid Expense and Other Assets, Current
Deferred income taxes
Deferred Income Tax Expense (Benefit)
Cross Currency Derivatives
Currency Swap [Member]
Cash and cash equivalents
Cash and Cash Equivalent
Business Combination [Domain]
Business Combination [Domain]
Interest expense, net
Interest Income (Expense), Nonoperating
Gain (loss) on financial instruments, net
Gain (loss) on financial instruments, net (see Note 8)
Gain (Loss) on Derivative Instruments, Net, Pretax
Antidilutive securities excluded from computation of earnings per share (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Restricted stock units
Restricted Stock Units (RSUs) [Member]
Entity Central Index Key
Entity Central Index Key
Property, plant and equipment, accumulated depreciation
Property, Plant, and Equipment, Accumulated Depreciation, Depletion, and Amortization
Additional paid-in capital
Additional Paid in Capital, Common Stock
Business Combination [Axis]
Business Combination [Axis]
Net cash flows from operating activities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Accounts and Financing Receivables [Table]
Accounts and Financing Receivables [Table]
Stock, Class of Stock [Table]
Stock, Class of Stock [Table]
Consolidated net income
Consolidated net income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
5.500% senior secured notes due May1, 2026
5.500% senior secured notes due May1, 2026 [Member]
5.500% senior secured notes due May1, 2026
CURRENT ASSETS:
Assets, Current [Abstract]
Derivative Liability
Derivative Liability
Income Statement [Abstract]
Income Statement [Abstract]
Document Transition Report
Document Transition Report
Ownership [Axis]
Ownership [Axis]
Entity Address, Address Line One
Entity Address, Address Line One
Impairment on a non-strategic asset
Intangible Asset, Finite-Lived, Impairment Loss
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Connectivity
Connectivity [Member]
Connectivity
Income tax expense
Income Tax Expense (Benefit)
Dividend rate of preferred unit (Percentage)
Preferred Stock, Dividend Rate, Percentage
Deferred revenue
Deferred Revenue, Current
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Other
Other services [Member]
Other services [Member]
City Area Code
City Area Code
Business Combination, Consideration Transferred, Equity Interest, Type [Axis]
Business Combination, Consideration Transferred, Equity Interest, Type [Axis]
Net income attributable to Charter shareholders
Net income attributable to Charter shareholders
Net Income (Loss) Attributable to Parent
Restricted stock
Restricted Stock [Member]
Statement [Table]
Statement [Table]
Proceeds from exercise of stock options
Proceeds from Stock Options Exercised
Remaining period over which to recognize unrecognized compensation expense
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition
Taxes and regulatory fees
Accrued Taxes And Regulatory Fees, Current
Carrying value as of the balance sheet date of obligations incurred through that date for taxes and regulatory fees. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Statement [Line Items]
Statement [Line Items]
Total assets
Assets
Entity [Domain]
Entity [Domain]
Common Stock
Common Stock [Text Block]
The entire disclosure for common stock.
Preferred stock, shares issued (shares)
Preferred Stock, Shares Issued
Mid-market & large business
Commercial Enterprise Product Line [Member]
Commercial Enterprise Product Line [Member]
5.250% Sterling Senior Notes Due July 15, 2042
5.250% Sterling Senior Notes Due July 15, 2042 [Member]
5.250% Sterling Senior Notes Due July 15, 2042
Document
Exhibit 31.1
I, Christopher L. Winfrey, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of Charter Communications, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: July 24, 2026
/s/ Christopher L. Winfrey
Christopher L. Winfrey
President and Chief Executive Officer
Document
Exhibit 31.2
I, Jessica M. Fischer, certify that:
1. I have reviewed this Quarterly Report on Form 10-Q of Charter Communications, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: July 24, 2026
/s/ Jessica M. Fischer
Jessica M. Fischer
Chief Financial Officer
(Principal Financial Officer)
Document
Exhibit 32.1
CERTIFICATION OF CHIEF EXECUTIVE
OFFICER REGARDING PERIODIC REPORT CONTAINING
FINANCIAL STATEMENTS
I, Christopher L. Winfrey, the President and Chief Executive Officer of Charter Communications, Inc. (the "Company") in compliance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, hereby certify that, the Company's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026 (the "Report") filed with the Securities and Exchange Commission:
• fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and
• the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
/s/ Christopher L. Winfrey
Christopher L. Winfrey
President and Chief Executive Officer
July 24, 2026
Document
Exhibit 32.2
CERTIFICATION OF CHIEF FINANCIAL
OFFICER REGARDING PERIODIC REPORT CONTAINING
FINANCIAL STATEMENTS
I, Jessica M. Fischer, the Chief Financial Officer of Charter Communications, Inc. (the "Company"), in compliance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, hereby certify that, the Company's Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026 (the "Report") filed with the Securities and Exchange Commission:
• fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and
• the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
/s/ Jessica M. Fischer
Jessica M. Fischer
Chief Financial Officer
(Principal Financial Officer)
July 24, 2026