Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Charter Communications Inc., consolidated income statement (quarterly data)

US$ in millions

3 months ended:	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenues	13,766)	13,735)	13,926)	13,795)	13,685)	13,679)	13,711)	13,584)	13,659)	13,653)	13,674)	13,550)	13,598)	13,200)	13,212)	13,146)	12,802)	12,522)	12,624)	12,039)	11,696)	11,738)
Operating costs and expenses	(8,230)	(8,194)	(8,304)	(8,294)	(8,173)	(8,396)	(8,290)	(8,299)	(8,305)	(8,511)	(8,302)	(8,247)	(8,193)	(8,134)	(7,931)	(7,958)	(7,882)	(7,711)	(7,718)	(7,483)	(7,297)	(7,432)
Gross profit	5,536)	5,541)	5,622)	5,501)	5,512)	5,283)	5,421)	5,285)	5,354)	5,142)	5,372)	5,303)	5,405)	5,066)	5,281)	5,188)	4,920)	4,811)	4,906)	4,556)	4,399)	4,306)
Depreciation and amortization	(2,176)	(2,181)	(2,168)	(2,145)	(2,170)	(2,190)	(2,188)	(2,130)	(2,172)	(2,206)	(2,192)	(2,177)	(2,240)	(2,294)	(2,280)	(2,270)	(2,354)	(2,441)	(2,409)	(2,370)	(2,428)	(2,497)
Other operating income (expenses), net	(81)	(123)	(65)	(21)	(79)	38)	34)	(29)	58)	(10)	(140)	(202)	62)	(1)	(45)	9)	9)	(302)	(35)	(14)	(2)	(7)
Income from operations	3,279)	3,237)	3,389)	3,335)	3,263)	3,131)	3,267)	3,126)	3,240)	2,926)	3,040)	2,924)	3,227)	2,771)	2,956)	2,927)	2,575)	2,068)	2,462)	2,172)	1,969)	1,802)
Interest expense, net	(1,263)	(1,241)	(1,274)	(1,311)	(1,328)	(1,316)	(1,319)	(1,306)	(1,298)	(1,265)	(1,227)	(1,160)	(1,109)	(1,060)	(1,034)	(1,016)	(1,004)	(983)	(965)	(946)	(957)	(980)
Other income (expense), net	(107)	(142)	(69)	(144)	(85)	(89)	(313)	(15)	(85)	(104)	(9)	(37)	79)	23)	136)	(157)	(132)	52)	158)	(117)	30)	(326)
Other income (expenses)	(1,370)	(1,383)	(1,343)	(1,455)	(1,413)	(1,405)	(1,632)	(1,321)	(1,383)	(1,369)	(1,236)	(1,197)	(1,030)	(1,037)	(898)	(1,173)	(1,136)	(931)	(807)	(1,063)	(927)	(1,306)
Income before income taxes	1,909)	1,854)	2,046)	1,880)	1,850)	1,726)	1,635)	1,805)	1,857)	1,557)	1,804)	1,727)	2,197)	1,734)	2,058)	1,754)	1,439)	1,137)	1,655)	1,109)	1,042)	496)
Income tax expense	(414)	(445)	(370)	(406)	(427)	(446)	(406)	(369)	(444)	(374)	(419)	(360)	(489)	(345)	(224)	(347)	(281)	(216)	(254)	(177)	(166)	(29)
Consolidated net income	1,495)	1,409)	1,676)	1,474)	1,423)	1,280)	1,229)	1,436)	1,413)	1,183)	1,385)	1,367)	1,708)	1,389)	1,834)	1,407)	1,158)	921)	1,401)	932)	876)	467)
Net income attributable to noncontrolling interests	(194)	(192)	(210)	(194)	(192)	(174)	(171)	(181)	(190)	(162)	(189)	(182)	(237)	(186)	(224)	(190)	(138)	(114)	(155)	(118)	(110)	(71)
Net income attributable to Charter shareholders	1,301)	1,217)	1,466)	1,280)	1,231)	1,106)	1,058)	1,255)	1,223)	1,021)	1,196)	1,185)	1,471)	1,203)	1,610)	1,217)	1,020)	807)	1,246)	814)	766)	396)

The financial data reveals multiple evolving trends across the quarterly periods observed.

Revenues: Revenues demonstrate a generally upward trajectory with fluctuations. Starting at approximately 11.7 billion USD in the first quarter of 2020, revenues steadily increased, peaking near 13.9 billion USD by mid-2025, reflecting gradual top-line growth over the five-year span.
Operating Costs and Expenses: Operating costs and expenses have also trended upward but at a somewhat slower pace relative to revenues. Beginning around 7.4 billion USD in early 2020, expenses reached close to 8.2 billion USD by the latest quarter. The pattern includes some periods of stabilization and slight reductions, particularly in mid-2023 and 2024 quarters.
Gross Profit: Gross profit fluctuates in accordance with revenue and cost movements. It peaked in later quarters near 5.6 billion USD, representing an overall increase from about 4.3 billion USD at the start. The margin appears relatively stable over time with no significant compression despite rising expenses.
Depreciation and Amortization: This expense category shows a mild decline over the period. From a starting point of roughly 2.5 billion USD in early 2020, it decreases gradually to around 2.18 billion USD by mid-2025, which may indicate efficiencies or changes in asset base composition.
Other Operating Income (Expenses), Net: The line item presents elevated volatility with negative values in some quarters and positive spikes in others. Noticeably, significant negative impacts occurred in early 2021 and some mid-2022 to 2023 periods, contrasting with sporadic income recorded in late 2020 and parts of 2023.
Income from Operations: Operational income shows a constructive rising trend generally, correlating with revenue growth and stable gross margin control. It increased from about 1.8 billion USD in early 2020, reaching over 3.3 billion USD by several recent quarters, indicating improved operating profitability.
Interest Expense, Net: The interest expense gradually increases from roughly 980 million USD to a peak near 1.3 billion USD in late 2023, then slightly declines toward mid-2025. This trend suggests increasing debt costs before some stabilization or repayment effects.
Other Income (Expense), Net: This category is irregular with swings between income and expenses, showing no clear directional trend. It includes significant positive values in some quarters (e.g., early 2020 and 2021) but also notable losses in others, contributing to overall earnings volatility.
Other Income (Expenses): Accumulated other income/expenses demonstrate an overall increasing negative trend with heavy fluctuations. The values deteriorate from near -1.3 billion USD to approximately -1.37 billion USD by mid-2025, underscoring recurring expenses beyond primary operations and interest.
Income Before Income Taxes: Pre-tax income evolves with considerable growth, expanding from about 500 million USD in early 2020 to near 2 billion USD by mid-2025, though with some fluctuations. Peaks generally align with strong operating earnings, offset partially by increases in interest and other expenses.
Income Tax Expense: Tax expense reflects volatility but remains consistently material and negative throughout. The values fluctuate between roughly -20 million USD to -489 million USD, generally tracking the changes in pre-tax income but without clear upward or downward slope.
Consolidated Net Income: Net income moves upward over the observed period, with substantial increases especially from 2021 onward. It grew from approximately 467 million USD in early 2020 to between 1.4 and 1.6 billion USD in recent quarters, indicative of improving overall profitability despite cost pressures.
Net Income Attributable to Noncontrolling Interests: The share of net income attributable to noncontrolling interests demonstrates a negative effect throughout, averaging around -150 to -200 million USD, varying slightly but remaining a consistent deduction from consolidated profit.
Net Income Attributable to Charter Shareholders: The earnings attributable to the company’s shareholders mirror the consolidated profits, rising from about 396 million USD in early 2020 to roughly between 1.2 and 1.5 billion USD in the latest periods. This points to sustained shareholder value creation over time.

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Charter Communications Inc. (NASDAQ:CHTR)

Income Statement Quarterly Data

Income Statement
Quarterly Data