Charter Communications, Inc. (CHTR) Q3 FY2026 earnings

Reported results

• Actual third quarter revenue of $14.9 billion increased 9.1% year-over-year, while pro forma revenue declined 1.5% year-over-year to $16.5 billion.
• Actual net loss attributable to Charter shareholders totaled $2.4 billion, compared to net income of $1.1 billion in the prior-year period, primarily driven by a $6.3 billion franchise impairment charge.
• Actual Adjusted EBITDA (non-GAAP) grew 6.9% year-over-year to $5.9 billion, while pro forma Adjusted EBITDA (non-GAAP) declined 4.0% to $6.6 billion.
• Actual net cash flows from operating activities were $4.0 billion, compared to $4.5 billion in the prior-year period.
• Actual free cash flow (non-GAAP) totaled $674 million, a decline of $947 million compared to $1.621 billion in Q3 2025.
• Actual capital expenditures totaled $3.0 billion in Q3 2026, compared to $3.1 billion in Q3 2025.

Guidance

• Charter expects pro forma full year 2026 capital expenditures, excluding transition capital expenditures, to total approximately $13.0 billion.
• The Company is targeting $2 billion in annualized run-rate operating expense savings over the next 18 months, in addition to more than $1 billion in anticipated Cox Transactions synergies.

Notes

Actual results include the operations of Cox Communications for the period from August 20, 2026 through September 30, 2026 following the completion of the Cox Transactions on August 19, 2026. Pro forma results present the transaction as if closed on January 1, 2024.

Price and volatility reaction

The stock moved -6.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -22.7 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.