Charter reported a slight decline in total Internet customers, decreasing by 60,000 during the quarter to 30.0 million as of March 31, 2025.

Meanwhile, mobile growth remained strong, with 514,000 new mobile lines added, bringing the total to 10.4 million lines. Overall customer relationships, excluding mobile-only customers, reached 31.4 million. Revenue for the quarter was $13.7 billion, up 0.4% year-over-year, supported by 33.5% growth in residential mobile service revenue, 1.8% growth in residential Internet revenue, and 13.4% growth in other revenue. Net income attributable to Charter shareholders was $1.2 billion.

Adjusted EBITDA grew 4.8% to $5.8 billion. Capital expenditures were $2.4 billion, including $878 million for line extensions. Net cash flows from operating activities reached $4.2 billion, up from $3.2 billion a year ago. Free cash flow rose to $1.6 billion, mainly driven by lower capital spending, higher EBITDA, and lower interest payments. During the quarter, Charter repurchased 2.1 million shares for approximately $751 million.

Charter Communications, Inc. (NASDAQ: CHTR) (the "Company" or "Charter") will host a webcast on Friday, April 25, 2025 at 8:30 a.m. Eastern Time (ET) to discuss financial and operating results for the quarter ended March 31, 2025. A press release reporting such results will be issued at 7:00 a.m. ET on April 25.


The webcast can be accessed live via the Company's investor relations website at ir.charter.com. The webcast will be archived at ir.charter.com approximately two hours after completion of the webcast.

Charter Communications reported its fourth-quarter and full-year 2024 financial results, showing modest revenue growth alongside a decline in total Internet and video customers. Fourth-quarter revenue reached $13.9 billion, a 1.6% increase year-over-year, driven by a 37.4% rise in mobile service revenue, a 26.4% increase in advertising sales, and a 14.6% growth in other revenue streams. However, total Internet customers declined by 177,000, attributed to the end of the FCC's Affordable Connectivity Program and hurricane impacts. Despite this, mobile lines increased by 529,000, reaching 9.9 million.

For the full year, Charter's revenue grew 0.9% to $55.1 billion, with Adjusted EBITDA rising 3.1% to $22.6 billion. Net income attributable to shareholders was $5.1 billion, a 11.5% increase. Capital expenditures totaled $11.3 billion, including $4.2 billion for network expansions. Free cash flow improved to $4.3 billion, up from $3.5 billion in 2023, aided by higher Adjusted EBITDA and a favorable change in working capital.

Despite declines in video and voice customers, Charter emphasized its investment in network upgrades, with plans to roll out symmetrical multi-gigabit Internet speeds across its footprint. The company introduced new pricing strategies under its "Life Unlimited" brand platform to enhance customer retention and service value.

Looking ahead, Charter expects 2025 capital expenditures of approximately $12 billion, with a focus on network expansion and infrastructure upgrades. The company remains confident in its long-term growth, citing improved service offerings, increased customer value, and continued investment in rural broadband initiatives.