Charter Communications Q1 revenue dips 1% as mobile lines grow but video customers decline

Charter Communications reported a 1% revenue decline to $13.6 billion in Q1 2026, driven by lower residential video and internet revenue despite a 368,000 increase in Spectrum Mobile lines. The company served 12.1 million mobile lines and 29.6 million internet customers but saw a 120,000 drop in internet customers and a 60,000 decline in video customers. Adjusted EBITDA fell 2.2% to $5.6 billion, and free cash flow decreased due to higher capital expenditures. Charter plans to complete its network evolution by 2027 and continues to focus on improving products and customer satisfaction to drive growth.