Charter Communications reported fourth-quarter adjusted earnings of $10.34 per share, missing consensus estimates of $10.40. Revenue for the quarter totaled $13.6 billion, a 2.3% year-over-year decline driven by lower residential video and political advertising sales. Net income attributable to shareholders reached $1.3 billion, compared with $1.5 billion in the year-ago period.

Internet customer relationships fell by 119,000 to 29.7 million, marking a 1.3% decline from December 2024. Broadband losses were less severe than anticipated, while mobile lines surged by 428,000 to 11.8 million, a 19.4% increase. Residential video customers reversed a year-ago trend with a gain of 44,000, compared with a loss of 123,000 a year earlier, reflecting the impact of simplified pricing and expanded streaming app bundles.

Fourth-quarter Adjusted EBITDA declined 1.2% to $5.7 billion as operating cost controls partially offset revenue pressure. Net cash flow from operations for the full year rose to $16.1 billion from $14.4 billion in 2024. Full-year free cash flow increased to $5.0 billion, up from $4.3 billion, aided by lower cash taxes and interest payments. Capital expenditures reached $11.7 billion, including $3.9 billion in line extensions, while share repurchases totaled $5.4 billion.

Management emphasized its 2026 focus on marketing guaranteed connectivity, service quality and value to drive sustainable customer growth and margin expansion. The company targets completion of its network evolution initiative by 2027 to deliver symmetrical multi-gigabit speeds at scale. Analysts note that continued broadband retention improvements and mobile adoption will be key drivers for restoring top-line stability and supporting leverage reduction goals.