Charter Communications (CHTR) Stock Drops After Q2 Revenue Miss and Subscriber Losses

NewsFri, 24 Jul 2026 13:48:40 UTC1 hour ago
Charter Communications (CHTR) Stock Drops After Q2 Revenue Miss and Subscriber Losses

TLDR

  • CHTR dropped as much as 13% in early trading before rebounding; currently down around 1.6%
  • Q2 revenue fell 1.7% to $13.53 billion, marking the fourth consecutive quarterly decline
  • EPS of $10.66 beat estimates of $10.00, but broadband and video losses overshadowed the beat
  • Internet subscribers fell by 172,000 to 29.4 million; video customers dropped 21,000 to 12.5 million
  • Mobile was the bright spot — 406,000 lines added, total mobile base up 15.5% year-over-year

Charter Communications posted a mixed second quarter on Friday, beating on earnings but falling short on revenue as its broadband and video subscriber losses continued to pile up.

CHTR stock dropped as much as 13% in early premarket trading before pulling back. By market open, the stock had recovered somewhat and was trading around 1.6% lower.

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