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.
2025-04-25
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