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Dec 31, 2020
Charter Q4 2020 Earnings Report
Charter's Q4 2020 results showed revenue growth driven by internet, mobile, and advertising, with a significant increase in net income.
Key Takeaways
Charter Communications reported a 7.3% increase in revenue to $12.6 billion for Q4 2020, driven by growth in internet, mobile, and advertising. Net income attributable to Charter shareholders increased to $1.2 billion, compared to $714 million in the same period last year. The company added 197,000 total customer relationships and 246,000 internet customers during the quarter.
Charter added 197,000 total customer relationships in Q4 2020.
Internet revenue grew by 11.9% year-over-year to $4.9 billion.
Mobile revenue increased by 80.9% year-over-year.
Net income attributable to Charter shareholders totaled $1.2 billion.
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 2021 cable capital expenditures to be relatively consistent or lower as a percentage of cable revenue versus 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income