Charter Announces Third Quarter 2026 Results and Launches New Operating Model
PR Newswire•06/11/2026•07:00 ET
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Key Highlights
- ➤Charter targets $2 billion annualized expense savings within 18 months
- ➤Pro forma Q3 revenue $16.5 billion, down 1.5% year-over-year
- ➤Pro forma Q3 Adjusted EBITDA $6.6 billion, down 4.0% year-over-year
- ➤Internet customers declined 233,000 pro forma during the third quarter
- ➤Charter exchanged $5.5 billion secured notes, achieving approximately $1.5 billion deleveraging
Expert Statements
Chris Winfrey, President and CEO of Charter
“With the combination of Charter and Cox, we have the scale and network capabilities to connect more Americans than ever before”
Chris Winfrey, President and CEO of Charter
“We are America's Internet Company® and our purpose is Connecting Gigabit America. Today, we are announcing decisive steps to unlock our full potential.”
Chris Winfrey, President and CEO of Charter
“We are fundamentally rethinking how we operate and compete, with a renewed focus on delivering the best products and services. We will return Charter to Internet customer growth and transform Charter into a simpler, faster, more agile organization – and reignite our culture to win. We have the assets and competitive advantages to succeed and are moving with urgency to deliver more value for our customers and stronger results for our investors.”
Charter Announces Third Quarter 2026 Results and Launches New Operating Model PR Newswire
New operating model designed to return Charter to growth and transform organization for speed and efficiency.
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