Charter Communications

First quarter capital expenditures totaled $2.9 billion and included $812 million of line extensions.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

First quarter free cash flow 1 of $1.4 billion decreased from $1.6 billion in the prior year, primarily due to higher capital expenditures, partly offset by higher operating cash flow.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Customer operations expenses decreased by $6 million, or 0.8% year-over-year, primarily due to a decrease in bad debt expense.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Capital Expenditures Capital expenditures totaled $2.9 billion in the first quarter of 2026, an increase of $456 million compared to the first quarter of 2025 given timing of spend, with higher upgrade rebuild (primarily network evolution) and CPE, partly offset by lower line extension spend.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Charter continues to expect full year 2026 capital expenditures, excluding impacts from the previously announced Cox transaction, to total approximately $11.4 billion.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

The actual amount of capital expenditures in 2026 will depend on a number of factors including, but not limited to, the pace of Charter's network evolution and expansion initiatives, supply chain timing and growth rates in Charter's residential and commercial businesses.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

That confidence is founded on our advanced network, our core operating strategy of delivering great products at great prices and our focus on increasing customer satisfaction, said Chris Winfrey, President and CEO of Charter.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

As we continue to improve our products, pricing, packaging, and service, and complete our rural and network initiatives, we are poised for improving customer and free cash flow growth.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Spectrum expects to complete its network evolution initiative in 2027.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Spectrum Mobile is central to Charter's converged network strategy to provide customers a differentiated connectivity experience with highly competitive, simple data plans and pricing.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Net Income Attributable to Charter Shareholders Net income attributable to Charter shareholders totaled $1.2 billion in the first quarter of 2026 and 2025, with lower Adjusted EBITDA and higher depreciation and amortization, partly offset by a decrease in other operating expenses due to a non-strategic asset impairment charge in the first quarter of 2025.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under Risk Factors from time to time in our filings with the SEC.

SEC original ↗Charter Communications — Earnings release (8-K exhibit)EX-99Apr 24, 2026

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.

SEC original ↗Charter Communications — 10-Q Quarterly report10-QJul 24, 2026

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.

SEC original ↗Charter Communications — 10-Q Quarterly report10-QJul 24, 2026

Overview The competitive environment continued to challenge our Internet customer growth in the second quarter of 2026 and we lost 172,000 Internet customers.

SEC original ↗Charter Communications — 10-Q Quarterly report10-QJul 24, 2026