Slide 1: Charter Communications Second Quarter 2026 Results
Charter Communications Second Quarter 2026 Results July 24, 2026
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This quarterly presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, ou
Slide 3: Chris Winfrey, President and CEO
Chris Winfrey President and CEO, Charter Communications
Slide 4: Second Quarter Overview
Second Quarter Overview Revenue Adjusted EBITDA1) Capital Expenditures in Billions in Billions in Billions -1.7% -4.3% -0.1% $13.8 $13.5 $5.7 $2.9 $2.9 $5.4 2Q25 2Q26 2Q25 2Q26 2Q25 2Q26 Second Quarter 2026 Results 3
Slide 5: Spectrum Has Significant Assets & Scale
Spectrum Has Significant Assets & Scale Network & Industry Leading Infrastructure Customers Data Most Reliable Internet2) ~19M 1.1M+ 31.5M Advanced WiFi / Invincible WiFi HHs Network Miles Customers Fastest Growing Mobile Provider with Near Real-Time Telemetry 87% Faster Wireless Speeds Than the Com
Slide 6: Seamless Entertainment: Solving for Value & Utility
Seamless Entertainment: Solving for Value & Utility Frictionless Spectrum Video Experience Streaming App Retail Value TV Select Plus7) with Xumo and the Spectrum App Store $12.99 Bundle $29.99 Unlimited (includes ESPN+) $10.99 Basic with Ads $8.99 Essential $10.99 Premium $7.99 with Ads $6.99 Premiu
Slide 7: Jessica Fischer, Chief Financial Officer
Jessica Fischer Chief Financial Officer, Charter Communications
Slide 8: Total Customers
Total Customers Customer Relationships1) Internet Net Adds (in Thousands) Total (in Millions) Net Adds (in Thousands) Total (in Millions) -1.7% -1.7% 32.1 31.5 29.9 29.4 (87) (100) (127) (116) (109) (119) (120) (163) (184) (172) 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 2Q26 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 2Q26 M
Slide 9: Revenue
Revenue Total Revenue Residential Revenue Commercial Revenue in Billions in Billions in Billions -1.7% -3.5% +1.5% $13.8 $13.5 $10.7 $1.8 $1.9 $10.4 2Q25 2Q26 2Q25 2Q26 2Q25 2Q26 Total revenue decreased -0.8% Y/Y in 2Q26 when excluding advertising revenue and programmer app allocation Residential re
Slide 10: Expenses and Adjusted EBITDA
Expenses and Adjusted EBITDA1) Total Expenses Adjusted EBITDA1) LTM Adjusted EBITDA1) in Billions in Billions in Billions 0.0% -4.3% -2.3% $8.1 $8.1 $5.7 $22.9 $22.3 $5.4 2Q25 2Q26 2Q25 2Q26 2Q25 2Q26 Adj. EBITDA1) declined -4.3% Y/Y in 2Q26 or -3.2% Y/Y excluding transition expense Second Quarter 2
Slide 11: Capital Investment and Debt
Capital Investment and Debt Capital Expenditures LTM Capital Expenditures Debt and Leverage8) in Billions in Billions in Billions 4.18x9) 4.21x10) $2.9 $2.9 $12.1 $94.3 $93.8 Network $0.2 $10.9 Evolution $0.5 $1.6 $0.9 CCOH $27.3 $26.7 Line $1.0 Extensions Line $0.7 $3.6 Extensions $4.0 CCO $67.0 $6
Slide 12: Total Capital Expenditures Outlook (standalone Charter)
Total Capital Expenditures Outlook (standalone Charter) • Current capex outlook is unchanged from the outlook presented in January 2026 (4Q25 reporting) • Charter continues to expect ‘26 capex to total ~$11.4B Multi-Year Capex Outlook in Billions $11.7 ~$11.4 Network Evolution ~$9.5 Line $7.5 - 8.0
Slide 13: Free Cash Flow & Share Repurchases
Free Cash Flow1) & Share Repurchases Free Cash Flow1) Share Repurchase Summary in Millions 2Q25 2Q26 Y/Y Var. 2Q26 Since Sep '16 1) Adjusted EBITDA $5,693 $5,449 ($244) Common Shares & Units Repurchased 11) 4.0M 188.0M Capex (2,874) (2,871) 3 x Average Price $210 $429 Cash Paid for Interest (Net) (1
Slide 14: Free Cash Flow to Grow Rapidly
Free Cash Flow1) to Grow Rapidly in Billions Future Adj. EBITDA1) Growth $4.4 $9.1 $4.7 FCF 1) Lower Future 2Q26 LTM Capex13) FCF 1) Future FCF1)/Share14) $33 $31 $64 Share Count Reduction Impact Note: All figures presented are for standalone Charter and exclude Cox Communications, Inc. Second Quart
Slide 15: Our Strategy is Designed to Drive Value
Our Strategy is Designed to Drive Value Operating Strategy Strategic Initiatives Shareholder Value High Quality Products Evolution Long-Term Revenue Growth Unique Customer Value Expansion Long-Term Cash Flow Growth Commitment to Service Execution Levered Equity Returns Tied to Local Communities Seco
Slide 16: Notes
Notes 1) See notes on slide 16. 2) Most reliable Internet claim based on Broadband Reliability Experience among top 5 national providers in Opensignal USA: Fixed Broadband Experience Report – May 2026. Based on Opensignal independent analysis of Internet connectivity, completion, and sufficiency. 3)
Slide 17: Use of Non-GAAP Financial Metrics and Additional Information
Use of Non-GAAP Financial Metrics and Additional Information We use certain measures that are not defined by U.S. generally accepted accounting principles ("GAAP") to evaluate various aspects of our business. Adjusted EBITDA and free cash flow are non GAAP financial measures and should be considered
Slide 18: Investor Inquiries
Investor Inquiries: Stefan Anninger | 203.905.7955 stefan.anninger@charter.com