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Mar 31, 2022
Charter Q1 2022 Earnings Report
Charter's financial performance for Q1 2022 reflected revenue growth driven by residential, mobile, and commercial sectors, alongside an increase in customer relationships and mobile lines.
Key Takeaways
Charter Communications reported a 5.4% year-over-year increase in first-quarter revenue, reaching $13.2 billion, driven by growth in residential, mobile, and commercial revenues. The company added 129,000 residential and SMB customer relationships and 373,000 mobile lines. Net income attributable to Charter shareholders totaled $1.2 billion.
Total residential and SMB customer relationships increased by 129,000, reaching a total of 32.2 million.
Total residential and SMB Internet customers increased by 185,000, bringing the total to 30.3 million.
Total residential and SMB mobile lines increased by 373,000, reaching a total of 3.9 million.
First quarter revenue grew by 5.4% year-over-year to $13.2 billion, driven by residential, mobile and commercial revenue growth.
Charter
Charter
Charter Revenue by Segment
Revenue by Segment
Internet Revenue
CapyFin.comVideo Revenue
CapyFin.comMobile Service Revenue
CapyFin.comVoice Revenue
CapyFin.comSmall Business Revenue
CapyFin.comMid-Market & Large Business Revenue
CapyFin.comAdvertising Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Charter expects full year 2022 cable capital expenditures, excluding capital expenditures associated with its rural construction initiative, to be between $7.1 billion and $7.3 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income