Charter Communications (CHTR) · Fiscal Q3 2026 · Form 8-K filed Nov 6, 2026
| Key figure | This quarter |
|---|---|
| Revenue | $14.92 billion |
| Diluted EPS (GAAP) | -$20.50 |
Results
Total revenues were $14,922 million, up from $13,672 million in the same quarter a year earlier.
GAAP diluted earnings per share were $(20.50), compared with $8.34 a year earlier. That is the GAAP figure; no adjusted (non-GAAP) EPS was given.
The quarter's GAAP diluted EPS is a sharp turn from recent quarters, which ranged from $8.42 to $10.66 over the prior four periods.
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, on top of more than $1 billion in anticipated Cox Transactions synergies.
What else stood out
Charter completed its transactions with Cox Communications on August 19, 2026.
On a pro forma basis, Spectrum Mobile lines increased by 508,000 in the quarter and by 1.8 million over the last twelve months.
During the quarter, Charter exchanged $5.5 billion in aggregate principal amount of secured notes for roughly $4.0 billion in cash and new secured notes, resulting in approximately $1.5 billion in deleveraging. It also repaid $1.0 billion of legacy Cox notes at maturity.
Charter bought back 139,807 shares of Class A common stock for $19 million during the quarter.
Revenue has moved between $13.5 billion and $13.8 billion in each of the prior seven quarters, making this quarter's $14.9 billion the highest in that stretch.
