Charter Communications Inc

corporate.charter.com

What Do They Do?

Provides broadband connectivity and entertainment services to households, businesses and carriers.

How Do They Make Money?

Most revenue comes from monthly subscriptions for Internet, mobile, video, voice and business services. Residential and small-business customers are billed before each monthly service period; larger-business services are billed monthly over contract terms, while equipment sales are billed at delivery.

revenue

Segment	Share	How money arrives
Internet Recurring	43% FY2022: 41%	Recurring
Mobile service Mix	6.9% FY2022: 3.1%	Mix
Connectivity Recurring	50%	Recurring
Video	25% FY2022: 32%
Voice Recurring	2.5% FY2022: 2.9%	Recurring
Residential revenue Recurring	78% FY2022: 79%	Recurring
Small business Recurring	7.9% FY2022: 8.1%	Recurring
Mid-market & large business Recurring	5.4% FY2022: 5.0%	Recurring
Commercial revenue Recurring	13% FY2022: 13%	Recurring
Advertising sales	2.7% FY2022: 3.5%
Other	6.2% FY2022: 4.0%

Who Are Their Customers?

Residential and small-business customers buy Spectrum services through direct sales, online, phone and stores; larger businesses and carriers buy tailored communications and connectivity services.

Do Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.

Operating income, FY2025

24% of revenue

▼ −2% vs FY2024 ($13.1B, 24%)

Net income, FY2025

9% of revenue

▼ −2% vs FY2024 ($5.1B, 9%)

Free cash flow, FY2025

8% of revenue

▲ +40% vs FY2024 ($3.2B, 6%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −2%; vs $13.8B in Q2 FY2025
Net income: ▼ −1%; vs $1.3B in Q2 FY2025

Residential revenue share of revenue vs 77.9% in Q2 FY2025

Aug 31, 2026 Chief financial officer resigned; interim successor appointed Jessica Fischer is expected to serve through October 15, with Kevin Howard taking over as interim CFO.
Aug 20, 2026 Completed Cox transaction and acquired Liberty Broadband Spectrum planned to launch its full product lineup in former Cox markets.

Flat. Revenue was $54.8B in FY2025, about the same as the $51.7B of FY2021.

Streaming app sales The older report framed Xumo as a planned streaming platform and described video purchases through the Spectrum TV app. The latest report adds à la carte programmer-app sales and a storefront for activating, upgrading, buying and managing streaming apps.

Expanded news distribution The older report described Spectrum Networks as delivering news and sports to Charter customers. The latest report adds an agreement to distribute Spectrum News to Comcast video customers.

Revenue over time

Internet Mobile service Connectivity Video Voice Residential revenue Small business Mid-market & large business Commercial revenue Advertising sales Other

$100B$50B$0

100%50%0%

FY2021 FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with AT&T, Verizon, and T-Mobile

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