CHARTER COMMUNICATIONS, INC. /MO/ has recently released its 10-Q report. Charter Communications, Inc. is a U.S. broadband connectivity company that sells internet, mobile, video and voice services to residential and business customers under the Spectrum brand. It also provides advertising services, regional sports production and technical services, local news channels, and broadband connectivity solutions for apartments, gated communities, student housing, senior residences and RV parks.
In Item 2, Management’s Discussion and Analysis, Charter said its results remain tied to its ability to grow revenue and cash flow while competing with incumbent telephone companies, fiber-to-the-home providers, wireless and satellite broadband providers, DSL operators and DBS operators. The company also flagged dependence on vendor deliveries, programming costs, regulatory conditions, network disruptions, debt access and covenant compliance, along with the pending Liberty Broadband Combination and Cox Transactions.
For the quarter ended March 31, 2026, Charter reported revenue of $13.597 billion, down from $13.735 billion a year earlier. Income from operations was $3.208 billion, compared with $3.237 billion in the prior-year quarter, while net income attributable to Charter shareholders was $1.163 billion, down from $1.217 billion.
Operating costs and expenses were $8.163 billion, versus $8.194 billion a year earlier. Depreciation and amortization rose to $2.211 billion from $2.181 billion, and interest expense, net was $1.256 billion, compared with $1.241 billion.
Earnings per diluted share increased to $9.17 from $8.42, reflecting a much smaller share count. Weighted average diluted shares fell to 126.8 million from 144.6 million.
On the balance sheet, total assets were $154.644 billion at March 31, 2026, up from $154.213 billion at year-end 2025. Cash and cash equivalents were $517 million, compared with $477 million at December 31, 2025, while long-term debt increased to $94.414 billion from $94.006 billion.
Property, plant and equipment, net, rose to $47.198 billion from $46.444 billion. Customer relationships, net, declined to $324 million from $440 million, while franchises held at $67.471 billion and goodwill remained $29.710 billion.
Total Charter shareholders’ equity increased to $16.385 billion from $16.054 billion. Noncontrolling interests rose to $4.685 billion from $4.465 billion, bringing total shareholders’ equity to $21.070 billion.
Cash flow from operations was $4.304 billion for the quarter, up from $4.236 billion a year earlier. Capital spending totaled $2.855 billion, compared with $2.399 billion, and cash used for treasury stock purchases was $1.026 billion, versus $802 million.
Financing activity included $7.216 billion of long-term debt borrowings and $7.499 billion of repayments. Charter also drew $148 million under its equipment installment plan financing facility and paid $30 million in debt issuance costs.
The company’s accumulated deficit improved to $4.230 billion from $5.393 billion at December 31, 2025. Treasury stock stood at $1.020 billion at March 31, 2026, after no treasury stock was recorded at year-end. Following these announcements, the company's shares moved -0.18%, and are now trading at a price of $218.51. For more information, read the company's full 10-Q submission here.
