Charter swings to $2.4B net loss on $6.3B franchise impairment after Cox, Liberty deals close

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~2 min read

Key Changes

• high

  Charter recorded a $6.3 billion non-cash franchise impairment charge, swinging Q3 operating income from a $3.1 billion profit to a $3.5 billion loss and driving a $2.4 billion net loss attributable to shareholders.

  MD&A: Impairment verify on EDGAR →
• high

  The Cox and Liberty Broadband transactions closed on August 19, 2026, adding ~5.4 million residential customers and making Charter the nation's leading Internet and video provider, but total debt rose to $108.6 billion.

  MD&A: Cox Transactions verify on EDGAR →
• high

  Free cash flow fell to $674 million in Q3 2026 from $1.6 billion a year earlier, as capital expenditures rose to $3.0 billion and interest expense increased on debt incurred for the Cox deal.

  MD&A: Free Cash Flow verify on EDGAR →