Charter Communications — Third Quarter 2026 Earnings Summary

Charter Communications reported a pro forma net loss of $2.1 billion for the third quarter of 2026, primarily driven by a $6.3 billion franchise impairment charge, while actual net loss totaled $2.4 billion. The company completed its acquisition of Cox Communications in August 2026, adding over 11 million passings and expanding its footprint to become the nation's leading internet and video provider. Despite the acquisition, pro forma residential internet customers declined by 233,000 and video customers decreased by 77,000 during the quarter, though mobile lines grew by 508,000. To support future growth and efficiency, Charter announced a new operating model targeting $2 billion in annualized expense savings over the next 18 months, in addition to anticipated synergies from the Cox transaction.