Charter Communications(US:CHTR) Prnewswire·2026-01-30 12:00Core Insights - Charter Communications reported a decline in total Internet customers by 119,000 in Q4 2025, bringing the total to 29.7 million customers as of December 31, 2025 [1][4] - The company experienced an increase of 428,000 mobile lines in Q4 2025, resulting in a total of 11.8 million mobile lines [1][7] - Charter's Q4 2025 revenue was $13.6 billion, a decrease of 2.3% year-over-year, primarily due to lower residential video and political advertising revenues [4][15] - The net income attributable to Charter shareholders for Q4 2025 was $1.3 billion, down from $1.5 billion in Q4 2024 [4][30] - Adjusted EBITDA for Q4 2025 was $5.7 billion, reflecting a decline of 1.2% year-over-year [4][32] Financial Performance - Total revenue for the year ended December 31, 2025, was $54.8 billion, a decrease of 0.6% compared to 2024 [4][15] - Q4 2025 residential revenue totaled $10.4 billion, down 2.4% year-over-year, driven by a decline in residential customers and a decrease in monthly revenue per residential customer [4][16] - Internet revenue grew by 0.7% year-over-year to $5.9 billion, supported by promotional rate adjustments [4][19] - Mobile service revenue increased by 13.1% year-over-year to $973 million, driven by mobile line growth [4][20] - Video revenue decreased by 10.3% to $3.2 billion, impacted by a higher mix of lower-priced video packages and a decline in video customers [4][21] Customer Metrics - As of December 31, 2025, total customer relationships were 31.8 million, with connectivity customers totaling 30.6 million [4][11] - The total number of video customers increased by 44,000 in Q4 2025, contrasting with a decline of 123,000 in Q4 2024 [8] - The company activated 147,000 subsidized rural passings in Q4 2025, contributing to a total of 483,000 for the year [11] Capital Expenditures and Cash Flow - Capital expenditures for Q4 2025 were $3.3 billion, an increase of 8.9% year-over-year, driven by network evolution spending [4][33] - Free cash flow for Q4 2025 was $773 million, a decrease from $984 million in the prior year, primarily due to higher capital expenditures [4][36] - Net cash flows from operating activities totaled $3.8 billion in Q4 2025, up from $3.5 billion in Q4 2024 [4][35] Debt and Financing - As of December 31, 2025, Charter's total principal amount of debt was $94.6 billion, with additional liquidity of approximately $4.4 billion from credit facilities [4][37] - In January 2026, Charter issued $1.75 billion in senior notes due February 2033 and $1.25 billion in senior notes due February 2036 [4][38]