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Dec 31, 2022

Charter Q4 2022 Earnings Report

Charter's Q4 2022 earnings were announced, showcasing revenue growth driven by mobile, advertising, and commercial sectors, alongside an increase in customer relationships and mobile lines.

Key Takeaways

Charter Communications reported a 3.5% year-over-year increase in revenue for Q4 2022, reaching $13.7 billion, driven by strong growth in mobile, advertising sales, and commercial revenues. The company added 105,000 residential and SMB internet customers and 615,000 mobile lines during the quarter. Net income attributable to Charter shareholders totaled $1.2 billion.

Total residential and SMB internet customers increased by 105,000 in Q4.

Total residential and SMB mobile lines increased by 615,000 in Q4.

Q4 revenue grew by 3.5% year-over-year, driven by mobile, advertising, and commercial revenue growth.

Net income attributable to Charter shareholders totaled $1.2 billion in Q4.

Total Revenue
$13.7B
Previous year: $13.2B
+3.5%
EPS
$7.69
Previous year: $8.93
-13.9%
Residential Customers
29.99M
Previous year: 29.93M
+0.2%
SMB Customers
2.21M
Previous year: 2.14M
+3.0%
Residential Internet
28.41M
Previous year: 28.14M
+1.0%
Gross Profit
$5.37B
Previous year: $5.28B
+1.7%
Cash and Equivalents
$645M
Previous year: $601M
+7.3%
Free Cash Flow
$867M
Previous year: $2.29B
-62.1%
Total Assets
$145B
Previous year: $142B
+1.4%

Charter

Charter

Charter Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income