Charter Q2 2026: revenue down 1.7%, EPS beats on a smaller share count
The takeaway is flat profit and a shrinking customer base. Charter's Q2 2026 revenue fell 1.7% to $13.526 billion, Internet customers dropped 172,000, and diluted EPS of $10.66 beat the $10.345 consensus largely because the share count shrank 13.1%. Read the headline EPS as a buyback artifact, not growth, and read the customer numbers as the real signal.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $10.66 rose 16.1% from $9.18 and beat the $10.345 consensus, but net income attributable to Charter shareholders actually slipped 0.7% to $1.292 billion. Management attributes the per-share gain primarily to a 13.1% decrease in basic weighted average shares outstanding, plus a gain on extinguishment of debt from open market repurchases. Charter also spent $1.838 billion in the quarter on buybacks and debt repurchases, so the per-share number is being manufactured by the balance sheet.
Revenue of $13.526 billion was down 1.7% from $13.766 billion a year ago, and Charter says excluding advertising and the programmer streaming costs now netted inside video revenue the decline was only 0.8%. Residential revenue fell 3.5%, with Internet down 3.2% to $5.776 billion and video down 9.7% to $3.149 billion, partly offset by mobile service revenue up 18.9% to $1.095 billion. Note that the segment chart overlaps: video revenue of $3.149 billion sits inside residential revenue of $10.351 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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