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NASA Accelerates Space Exploration, Earth Science for All in 2024
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WASHINGTON, Dec. 6, 2024 /PRNewswire/ — With a look back at 2024, NASA is celebrating its many innovative and inspiring accomplishments this year including for the first time, landing new science and technology on the Moon with an American company, pushing the boundaries of exploration by launching a new mission to study Jupiter’s icy moon Europa; maintaining 24 years of continuous human exploration off the Earth aboard the International Space Station, and unveiling the first look at its supersonic quiet aircraft for the benefit of humanity.
The agency also shared the wonder of a total eclipse with millions of Americans, conducted the final flight of its Ingenuity helicopter on the Red Planet, demonstrated the first laser communications capability in deep space, tested the next generation solar sail in space, made new scientific discoveries with its James Webb Space Telescope, completed a year-long Mars simulation on Earth with crew, announced the newest class of Artemis Generation astronauts, and much more.
“In 2024, NASA made leap after giant leap to explore, discover, and inspire – all while bringing real, tangible, and substantial benefits to the American people and to all of humanity,” said NASA Administrator Bill Nelson. “We deepened the commercial and international partnerships that will help NASA lead humanity back to the Moon and then to the red sands of Mars. We launched new missions to study our solar system and our universe in captivating new ways. We observed our changing Earth through our eyes in the sky – our ever-growing fleet of satellites and instruments – and shared that data with all of humanity. And we opened the doors to new possibilities in aviation, new breakthroughs on the International Space Station, and new wonders in space travel.”
Through its Moon to Mars exploration approach, the agency continued moving forward with its Artemis campaign, including progress toward its first mission around the Moon with crew in more than 50 years and advancing plans to explore more of the Moon than ever before. So far in 2024, 15 countries signed the Artemis Accords, committing to the safe, transparent, and responsible exploration of space with the United States.
As part of efforts to monitor climate change, the agency launched multiple satellites to study our changing planet and opened its second Earth Information Center to provide data to a wider audience.
With the release of its latest Economic Impact Report, NASA underscored the agency’s $75.6 billion impact on the U.S. economy, value to society, and return on investment for taxpayers.
“To invest in NASA is to invest in American workers, American innovation, the American economy, and American economic competitiveness. Through continued investments in our workforce and our infrastructure, NASA will continue to propel American leadership on Earth, in the skies, and in the stars,” said Nelson.
Key 2024 agency highlights across its mission areas include:
Preparing for Moon, Mars
This year, NASA made strides toward the Artemis Generation of scientific discovery at the Moon while validating operations and systems to prepare for human missions to Mars. The agency advanced toward Artemis II, the first crewed flight under Artemis:
NASA announced results of its Orion heat shield investigation and updated its timelines for Artemis II and III.Teams delivered the core stage and launch vehicle stage adapter of the SLS (Space Launch System) rocket from NASA’s Michoud Assembly Facility in New Orleans to NASA’s Kennedy Space Center in Florida and began stacking the rocket’s booster segments.Engineers carried out a series of tests of the mobile launcher and systems at NASA Kennedy’s Launch Pad 39B ahead of the test flight and added an emergency egress system to keep crew and other personnel at the launch pad safe in the case of an emergency.NASA performed key integrated testing of the Orion spacecraft that will send four astronauts around the Moon and bring them home, including testing inside an altitude chamber simulating the vacuum conditions of deep space.The crew and other teams performed key training activities to prepare for flight, including practicing recovery operations at sea, as well as launch countdown and mission simulations.In February, the first Moon landing through the agency’s CLPS (Commercial Lunar Payload Services) initiative brought NASA science to the lunar surface on Intuitive Machines’ Nova-C lander successfully capturing data that will help us better understand the Moon’s environment and improve landing precision and safety.In August, NASA announced that a new set of NASA science experiments and technology demonstrations will arrive at the lunar South Pole in 2027 following the agency’s latest CLPS initiative delivery award.To return valuable samples from Mars to Earth, NASA sought innovative designs and announced a new strategy review team to assess various design studies to reduce cost, risk, and complexity.NASA’s MAVEN (Mars Atmosphere and Volatile EvolutioN) spacecraft celebrated 10 years of exploration of the Red Planet’s upper atmosphere.After three years, NASA’s Ingenuity Mars Helicopter ended its mission in January, with dozens more flights than planned.In September, the NASA Space Communications and Navigation team awarded a contract to Intuitive Machines to support the agency’s lunar relay systems as part of the Near Space Network, operated by NASA’s Goddard Space Flight Center in Greenbelt, Maryland.NASA identified an updated set of nine potential landing regions near the lunar South Pole for its Artemis III mission.Capturing the current state of the Moon to Mars architecture, NASA released the second revision of its Architecture Definition Document.NASA formalized two international agreements for key Artemis elements, including with the United Arab Emirates for the Gateway airlock module, and with Japan to provide a pressurized rover for the lunar surface.Astronauts, scientists, and engineers took part in testing key technologies and evaluating hardware needed to work at the Moon, including simulating moonwalks in geologically Moon-like areas of Arizona, practiced integration between the crew and mission controllers, participated in human factors testing for Gateway, and evaluated the developmental hardware.NASA worked collaboratively with SpaceX and Blue Origin on their human lunar landers for Artemis missions, exercising an option under existing contracts to develop cargo variants of their human landers.In August, as part of its commitment to a robust, sustainable lunar exploration program for the benefit of all, NASA announced it issued a Request for Information to seek interest from American companies and institutions in conducting a mission using the agency’s VIPER (Volatiles Investigating Polar Exploration Rover) Moon rover.The agency selected three companies to advance capabilities for a lunar terrain vehicle that Artemis astronauts will use to travel around the lunar surface.NASA completed a critical design review on the second mobile launcher, which will launch the more powerful Block 1B version of the SLS rocket.Engineers at NASA Kennedy continued outfitting the Artemis III and IV Orion crew modules and received the European-built Orion service module for Artemis III; they also received several sections of the Artemis III and IV SLS core stages, and upgraded High Bay 2 in the Vehicle Assembly Building.NASA completed its second RS-25 certification test series at NASA’s Stennis Space Center near Bay St. Louis, Mississippi, setting the stage for production of new engines to help power future Artemis missions to the Moon and beyond.The CHAPEA (Crew Health and Performance Exploration Analog) 1 crew completed a 378-day mission in a ground-based Mars habitat at NASA’s Johnson Space Center in Houston.
Observing, Learning About Earth
NASA collects data about our home planet from space and on land, helping understand how our climate on Earth is changing. Some of the agency’s key accomplishments in Earth science this year include:
After launching into space in February, NASA’s PACE (Plankton, Aerosol, Cloud, ocean Ecosystem) satellite mission is successfully transmitting first-of-their-kind measurements of ocean health, air quality, and the effects of a changing climate.Using the agency’s TEMPO (Tropospheric Emissions: Monitoring of Pollution) instrument, NASA made available new near-real time data providing air pollution observations at unprecedented resolutions – down to the scale of individual neighborhoods.Launched in May and June, NASA’s PREFIRE (Polar Radiant Energy in the Far-Infrared Experiment) CubeSats started collecting data on the amount of heat in the form of far-infrared radiation that the Arctic and Antarctic environments emit to space.NASA rolled out the Disaster Response Coordination System, a new resource that delivers up-to-date information on fires, earthquakes, landslides, floods, tornadoes, hurricanes, and other extreme events to emergency managers.The agency partnered with the Smithsonian National Museum of Natural History to open the Earth Information Center exhibit.
Exploring Our Solar System, Universe
NASA’s Europa Clipper embarked Oct. 14 on its long voyage to Jupiter, where it will investigate Europa, a moon with an enormous subsurface ocean that may have conditions to support life. NASA collaborated with multiple partners on content and social media related to the launch, including engagements with the National Hockey League, U.S. Figure Skating, 7-Eleven, e.l.f., Girl Scouts, Crayola, Library of Congress, and others. NASA’s 2024 space exploration milestones also include:
NASA’s groundbreaking James Webb Space Telescope marked more than two years in space, transforming our view of the universe as designed, by studying the most distant galaxies ever observed, while raising exciting new questions about the atmospheres of planets outside our solar system.As part of an asteroid sample exchange, NASA officially transferred to JAXA (Japan Aerospace Exploration Agency) a portion of the asteroid Bennu sample collected by the agency’s OSIRIS-Rex (Origins, Spectral Interpretation, Resource Identification, and Security-Regolith Explorer) mission in a ceremony on Aug. 22.After surviving multiple challenges this year, NASA’s Voyager mission continues to collect data on the furthest reaches of our Sun’s influences.NASA selected a new space telescope for development that will survey ultraviolet light across the entire sky, called UVEX (UltraViolet Explorer).This year, all remaining major components were delivered to NASA Goddard to begin the integration phase for the agency’s Nancy Grace Roman Space Telescope.NASA developed, tested, and launched the patch kit that astronauts will use to repair the agency’s NICER (Neutron star Interior Composition Explorer) telescope on the International Space Station.The agency continued preparing the SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) mission to launch by April 2025.To manage the maturation of technologies necessary to develop the Habitable Worlds Observatory telescope, NASA established a project office at NASA Goddard.NASA and partners declared that the Sun reached solar maximum in 2024, a period of heightened solar activity when space weather becomes more frequent.The Solar and Heliospheric Observatory, a joint mission between ESA (European Space Agency) and NASA, discovered its 5,000th comet in March.NASA’s Sounding Rocket Program provided low-cost access to space for scientific research, technology development, and educational missions. NASA launched 14 sounding rocket missions in 2024. Scientists announced findings from a sounding rocket launched in 2022 that confirmed the existence of a long-sought global electric field at Earth.The agency established a new class of astrophysics missions, called Astrophysics Probe Explorers, designed to fill a gap between NASA’s flagship and smaller-scale missions.
Living, Conducting Research in Space
In 2024, a total of 25 people lived and worked aboard the International Space Station, helping to complete science for the benefit of humanity, open access to space to more people, and support exploration to the Moon in preparation for Mars. A total of 14 spacecraft visited the microgravity laboratory in 2024, including eight commercial resupply missions from Northrop Grumman and SpaceX, as well as international partner missions, delivering more than 40,000 pounds of science investigations, tools, and critical supplies to the space station. NASA also helped safely return the uncrewed Boeing Starliner spacecraft to Earth, concluding a three-month flight test to the International Space Station. In addition:
In March, NASA welcomed its newest class of Artemis Generation astronauts in a graduation ceremony. The agency also sought new astronaut candidates, and more 8,000 people applied.NASA astronaut Jasmin Moghbeli, ESA (European Space Agency) astronaut Andreas Mogensen, and JAXA (Japan Aerospace Exploration Agency) astronaut Satoshi Furukawa returned to Earth at the conclusion of NASA’s SpaceX Crew-7 mission aboard the International Space Station. The three crew members, along with Roscosmos cosmonaut Konstantin Borisov, splashed down in March off the coast of Pensacola, Florida, completing a six-and-a-half-month mission contributing to hundreds of experiments and technology demonstrations.In June, NASA astronauts Butch Wilmore and Suni Williams safely arrived at the space station aboard Boeing’s Starliner spacecraft following launch of their flight test. With Starliner’s arrival, it was the first time in station history three different spacecraft that carried crew to station were docked at the same time. Starliner returned uncrewed in September following a decision by NASA. Wilmore and Williams, now serving as part of the agency’s Crew-9 mission, will return to Earth in February 2025.NASA astronaut Don Pettit, accompanied by Roscosmos cosmonauts Alexey Ovchinin and Ivan Vagner, arrived at the orbital laboratory in September to begin a six-month mission.Completing a six-month research mission in September, NASA astronaut Tracy C. Dyson returned to Earth with Roscosmos cosmonauts Oleg Kononenko and Nikolai Chub aboard the Soyuz MS-25 spacecraft.NASA astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov launched on the agency’s SpaceX Crew-9 mission to the space station.Concluding a nearly eight-month science mission, NASA’s SpaceX Crew-8 mission safely returned to Earth, splashing down on Oct. 25, off the coast of Pensacola, Florida.NASA and Axiom Space successfully completed the third private astronaut mission to the space station in February, following an 18-day mission, where the crew conducted 30 experiments, public outreach, and commercial activities in microgravity.The agency announced SpaceX was selected to develop and deliver the U.S. Deorbit Vehicle, which will safely move the space station out of orbit and into a remote area of an ocean at the end of its operations.NASA and SpaceX monitored operations as the company’s Dragon spacecraft performed its first demonstration of reboost capabilities for the space station.NASA concluded the final mission of its Spacecraft Fire Safety Experiment, or Saffire, putting a blazing end to an eight-year series of investigations looking at fire’s behavior in space.A robotic surgical tool aboard space station was successfully controlled remotely by surgeons on Earth. The Robotic Surgery Tech Demo tested the performance of a small robot to evaluate the effects of microgravity and time delays between space and ground.The first successful metal 3D print was conducted aboard the space station, depositing a small s-curve in liquified stainless steel for the Metal 3D Printer investigation to test additive manufacturing of small metal parts in microgravity for equipment maintenance on future long-duration missions.In 2024, 17 NASA Biological and Physical Science research payloads were delivered to the orbital laboratory, spanning quantum, plant biology, and physical sciences investigations.More than 825,000 photos of Earth were taken from the space station in 2024 so far, contributing to research tracking how our planet’s landscapes are changing over time. Expedition 71 produced more than 630,000 images, the most taken during a single mission. In total, more than 5.3 million photos have been taken from the space station, providing imagery for urban light studies, studies of lightning flashes, and 14 natural disaster events in 2024 alone.
Imagining Future Flight
NASA researchers worked to advance innovations that will transform U.S. aviation, furthering the Sustainable Flight National Partnership and other efforts to help the country reach net zero carbon emissions by 2050. NASA also unveiled its X-59 quiet supersonic aircraft, the centerpiece of its Quesst mission to make quiet overland supersonic flight a reality. NASA aeronautics initiatives also worked to bring air taxis, delivery drones, and other revolutionary technology closer to deployment to benefit the U.S. public and industry. Over the past year, the agency:
Began testing the quiet supersonic X-59’s engine ahead of its first flight.Made further progress in research areas of Quesst mission, including ground recording station testing and advancement and structural tests on the aircraft.Publicly unveiled the X-59 in January, providing the first look at this unique aircraft.Tested a wind-tunnel model of the X-66, an experimental aircraft designed to reduce the carbon footprint.Began building the X-66 simulator that will allow pilots and engineers to run real-life scenarios in a safe environment.Funded new studies looking at the future of sustainable aircraft for the 2050 timeframe and beyond.Built a new simulator to study how passengers may experience air taxi rides. The results will help designers create new aircraft types with passenger comfort in mind.Developed a computer software tool called OVERFLOW to predict aircraft noise and aerodynamic performance. This tool is now being used by several air taxi manufacturers to test how propellers or wings perform.In collaboration with Sikorsky and DARPA (Defense Advanced Research Projects Agency), flew two helicopters autonomously using NASA-designed collision avoidance software.Designed and flew a camera pod with sensors to help advance computer vision for autonomous aviation.Launched a new science, technology, engineering, and mathematics kit focused on Advanced Air Mobility so students can learn more about air taxis and drones.Continued to reduce traffic and save fuel at major U.S. airports as part of NASA’s to work to improve air travel and make it more sustainable.Worked with partners to demonstrate a first-of-its-kind air traffic management concept for aircraft to safely operate at higher altitudes.Advanced Hybrid-Electric technologies with GE Aerospace under the Hybrid Thermally Efficient Core project.Conducted new ground and flight tests for the Electrified Powertrain Flight Demonstration project, which works to create hybrid electric powertrains for regional and single-aisle aircraft, alongside GE Aerospace and magniX.Collaborated with the Federal Aviation Administration and police and fire departments to strategize on integrating public safety drones into the national airspace.Launched a new science, technology, engineering, and mathematics kit focused on Advanced Air Mobility so students can learn more about air taxis and drones.
Improving Life on Earth, in Space with Technology
NASA develops essential technologies to drive exploration and the space economy. In 2024, NASA leveraged partnerships to advance technologies and test new capabilities to help the agency develop a sustainable presence on the lunar surface and beyond, while benefiting life on our home planet and in low Earth orbit. The following are 2024 space technology advancements:
Deployed NASA’s Advanced Composite Solar Sail System in space, marking a successful test of its composite boom technology.Performed record-breaking laser communications with NASA’s Deep Space Optical Communications technology demonstration by sending a laser signal from Earth to NASA’s Psyche spacecraft about 290 million miles away.NASA’s Advanced Composite Solar Sail System and Deep Space Optical Communications were named among TIME’s Inventions of 2024, along with the agency’s Europa Clipper spacecraft.Supported 84 tests of technology payloads via 38 flights with six U.S. commercial flight providers through NASA’s Flight Opportunities Program.Enabled the first NASA-supported researcher to fly with their payload aboard a commercial suborbital rocket.Advanced critical capabilities for autonomous networks of small spacecraft with NASA’s Starling demonstration, the first satellite swarm to autonomously distribute information and operations data between spacecraft.Demonstrated space-age fuel gauge technology, known as a Radio Frequency Mass Gauge, on Intuitive Machines’ Nova-C lunar lander, to develop technology to accurately measure spacecraft fuel levels.Performed an in-space tank to tank transfer of cryogenic propellent (liquid oxygen) on the third flight test of SpaceX’s Starship.Licensed a new 3-D printed superalloy, dubbed GRX-810, to four American companies to make stronger, more durable airplane and spacecraft parts.Manufactured 3D-printed, liquid oxygen/hydrogen thrust chamber hardware as part of NASA’s Rapid Analysis and Manufacturing Propulsion Technology project, which earned the agency’s 2024 “Invention of The Year” award for its contributions to NASA and commercial industry’s deep space exploration goals.Pioneered quantum discovery using the Cold Atom Lab, including producing the first dual-species Bose-Einstein Condensates in space, the first dual-species atom interferometers in space, and demonstrating the first ultra-cool quantum sensor for the first time in space.Announced two new consortia to carry out ground-based research investigations and conduct activities for NASA’s Biological and Physical Sciences Space Biology Program, totaling $5 million.Awarded $4.25 million across the finales of three major NASA Centennial Challenges, including Break the Ice, Watts on the Moon, and Deep Space Food to support NASA’s Artemis missions and future journeys into deep space. Launched a collaborative process to capture the aerospace community’s most pervasive technical challenges, resulting in a ranked list of 187 civil space shortfalls to help guide future technology development projects, investments, and technology roadmaps.
Growing Global Partnerships
Through the Artemis Accords, almost 50 nations have joined the United States, led by NASA with the U.S. State Department, in a voluntary commitment to engage in the safe, transparent, and responsible exploration of the Moon, Mars, and beyond. The Artemis Accords represent a robust and diverse group of nation states, representing all regions of the world, working together for the safe, transparent, and responsible exploration of the Moon, Mars and beyond with NASA. More countries are expected to sign the Artemis Accords in the weeks and months ahead.
During a May workshop with Artemis Accords signatories in Montreal, Canada, NASA led a tabletop exercise for 24 countries centered on further defining and implementing key tenets, including considering views on non-interference, interoperability, and scientific data sharing among nations.A NASA delegation participated in the 75th International Astronautical Congress in Milan. During the congress, NASA co-chaired the Artemis Accords Principals’ Meeting, which brought together 42 nations furthering discussions on the safe and responsible use of space for the benefit of all.
Celebrating Total Solar Eclipse
During the total solar eclipse on April 8, NASA helped the nation enjoy the event safely and engaged millions of people with in-person events, live online coverage, and citizen science opportunities. NASA also funded scientists around North America to take advantage of this unique position of the Sun, Moon, and Earth to learn more about the Sun and its connection to our home planet. Highlights of the solar celebration include:
The space station crew were among the millions viewing the solar eclipse.NASA collaborated with the Indianapolis Motor Speedway, Google, NCAA Women’s Final Four, Peanuts Worldwide, Microsoft, Sésamo, LEGO, Barbie, Major League Baseball, Third Rock Radio, Discovery Education, and others on eclipse-inspired products and social posts to support awareness of the eclipse and the importance of safe viewing.More than 50 student teams participated in NASA’s Nationwide Eclipse Ballooning Project, with some becoming the first to measure atmospheric gravity waves caused by eclipses.
Building Low Earth Orbit Economy
In August, NASA announced the development of its low Earth orbit microgravity strategy by releasing 42 objectives for stakeholder feedback. The strategy helps to guide the next generation of human presence in low Earth orbit and advance microgravity science, technology, and exploration. NASA is refining the objectives with collected input and will finalize the strategy before the end of the year. Additional advancements include:
NASA modified agreements for two funded commercial space station partners that are on track to develop low Earth orbit destinations for the agency and other customers.A NASA-funded commercial space station, Blue Origin’s Orbital Reef, completed multiple testing milestones for its critical life support system as part of the agency’s efforts for new destinations in low Earth orbit.A full-scale ultimate burst pressure test on Sierra Space’s LIFE (Large Integrated Flexible Environment) habitat structure was conducted, an element of a NASA-funded commercial space station.The agency’s industry partners, through the second Collaborations for Commercial Space Capabilities initiative and Small Business Innovation Research Ignite initiative, completed safety milestones, successful flight tests, and major technological advancements.As NASA opens access to space by working with private industry, the agency shared its medical expertise, human system integration knowledge, utilization requirements, and commercial space food insight to aid in developing safe, reliable, innovative, and cost-effective space stations.To address a rapidly changing space operating environment and ensure its preservation for generations to come, NASA released its integrated Space Sustainability Strategy in April.The agency tested the Sierra Space Dream Chaser spaceplane for the extreme environments of space at NASA’s Neil Armstrong Test Facility in Sandusky, Ohio.NASA’s Glenn Research Center in Cleveland streamed 4K video footage from an aircraft to the space station and back for the first time using optical, or laser, communications.
Inspiring Artemis Generation of STEM Students
NASA continues to offer a wide range of science, technology, engineering, and mathematics (STEM) initiatives and activities, reaching and engaging the next generation of scientists, engineers, and explorers. The agency’s STEM engagements are enhanced through collaborations with partner organizations, the distribution of various grants, and additional strategic activities. Key 2024 STEM highlights include:
Awarded nearly $45 million to 21 higher-education institutions to help build capacity for research, and announced the recipients of grants that will support scientific and technical research projects for more than 20 universities and organizations across the United States.Planted a “Moon Tree,” a seedling that traveled around the Moon and back aboard the agency’s Artemis I mission in 2022, at the U.S. Capitol in Washington. The event highlighted a partnership with the U.S. Forest Service that invited organizations across the country to host the seedlings.Partnered with Microsoft’s Minecraft to engage students in a game-based learning platform, where players can experience NASA’s discoveries with interactive modules on star formation, planets, and galaxy types, modeled using real James Webb Space Telescope images.Collaborate with the U.S. Department of Education to bring STEM to students during after-school hours under the 21st Century Community Learning Centers program, which aims to reach thousands of students in more than 60 sites across 10 states.Launched NASA Engages, a platform to connect and serve the public by providing agency experts to share their experiences working on agency missions and programs.With more than 55,000 applications for NASA internships across the spring, summer and fall sessions, a new recruitment record, NASA helped students and early-career professionals make real contributions to space and science missions.Expanded the agency’s program to help informal educational institutions like museums, science centers, libraries, and other community organizations bring STEM content to communities, resulting in 42 active awards across 26 states and Puerto Rico.Hosted the 30th Human Exploration Rover Challenge, one of NASA’s longest-standing student challenges, with participation from more than 600 students and 72 teams from around the world.
Reaching New, Future Explorers
NASA’s future-forward outreach to current and new audiences is key to providing accessibility to the agency’s scientific discoveries and to growing the future STEM workforce. NASA’s creative and inclusive 2024 strategies to reach the public include:
NASA’s on-demand streaming service, NASA+, achieved four times the viewership of the agency’s traditional cable channel, marking a major milestone in its ongoing web modernization efforts. As part of the digital transformation, NASA said goodbye to NASA Television, its over-the-air broadcast, streamlining how it delivers the latest space, science, and technology news. NASA+ marked its first year of operation Sept. 23, and visitors have played 1,036,389 hours of programming.April 8, the day of the total solar eclipse, brought in 32 million views to NASA’s websites, more than 15 times additional views than the average this year. On average, NASA websites receive 33.4 million views every month.NASA social media accounts saw an increase of 4% in followers since 2023, from 391.2 million in 2023 to 406.8 million this year. On average, NASA accounts see close to 25 million engagements each month.Notable live social media events in 2024 included the first-ever Reddit Ask Me Anything with the platform’s 23-million member “Explain Like I’m Five” community; the first X Spaces conversation from space; and NASA’s first Instagram Live of a launch, which contributed 410,000 of the 6.6 million views of the Boeing Starliner Crew Flight Test launch.NASA Twitch launched custom emotes, issued channel points for the first time, and collaborated with an external Twitch creator, a how-to conversation with astrophotographers and NASA experts about photographing the Moon.NASA aired live broadcasts for 14 mission launches in 2024. The agency’s official broadcast of the 2024 total solar eclipse and its telescope feed are the top two most-watched livestreams this year on NASA’s YouTube.The agency’s YouTube livestreams in 2024 surpassed 84.7 million total views.NASA broadcasts often were enhanced by the presence of well-known athletes, artists, and cultural figures. The solar eclipse broadcast alone featured musician Lance Bass, actor Scarlett Johannson, NFL quarterback Josh Dobbs, and Snoopy.The agency’s podcasts surpassed 9.7 million all-time plays on Apple Podcasts and Spotify.The NASA app was installed more than 2.1 million times in 2024.The number of subscribers to NASA’s flagship and Spanish newsletters total more than 5 million.NASA celebrated the 5th anniversary of the Hidden Figures Way street renaming. The program honored the legacy of Katherine Johnson, Dorothy Vaughan, Mary Jackson, and Christine M. Darden, and others who were featured in Margot Shetterly’s book – and the subsequent movie – Hidden Figures, and their commitment to science, justice, and humanity.The agency signed Space Act agreements with the National Association for the Advancement of Colored People and the Hispanic Heritage Foundation to increase engagement and equity for underrepresented students pursuing STEM fields and reduce barriers to agency activities and opportunities.As part of its plans to reach new audiences, NASA continued to focus on developing Spanish-language content. This year, the agency:Launched its second season of the Spanish-language podcast Universo curioso de la NASA.More than doubled the number of yearly posts to its science-focused website in Spanish, Ciencia de la NASA, and grew the website’s traffic by five-fold.Produced live broadcasts for the 2024 total solar eclipse and for the launch of the Europa Clipper mission, which reached a combined audience of more than 5 million viewers around the world.Published a video about how NASA and ESA (European Space Agency) cooperate to train astronauts.Released an astrobiology graphic novel and the agency’s economic impact yearly report in Spanish, among other outreach materials.Relaunched the NASA Art Program with two space-themed murals in New York’s Hudson Square neighborhood in Manhattan. The vision of the reimagined NASA Art Program is to inspire and engage the Artemis Generation with community murals and art projects for the benefit of humanity.A DC-8 Airborne Science Laboratory Workshop documented and celebrated the important scientific work conducted aboard NASA’s legendary DC-8 and captured lessons of the past for current and future operators.The Deep Space Network beamed a Missy Elliott song to space on July 12.NASA partnered with Crayola Education to develop content for Crayola’s annual Creativity Week held in January, which reached more than 6 million kids from 100 countries.On the eve of the 55th anniversary of the Apollo 11 Moon landing, NASA Johnson named one of its central buildings the “Dorothy Vaughan Center in Honor of the Women of Apollo.” Actress Octavia Spencer narrated a video for the event.NASA’s Ames Research Center in California’s Silicon Valley hosted social media creators in space, science, and engineering for a behind-the-scenes tour of the center’s world-class facilities.Engaging largely untapped NASA audiences of more than 155,000 in Illinois, Michigan, and Minnesota, NASA’s Glenn launched NASA in the Midwest, an integrated approach to bring awareness to the agency’s connections to the region to large-scale festivals and surrounding community institutions.Reaching 500,000 in-person attendees, NASA Stennis supported the agency’s return to the ESSENCE Festival of Culture in New Orleans.NASA’s Wallops Flight Facility in Virginia developed a dance engagement program in partnership with the Eastern Shore Ballet Theatre, introducing new audiences to the agency while blending arts and science.NASA participated in more than 3,700 events planned with an estimated reach of more than 17 million worldwide. This was accomplished through in-person, hybrid, and virtual outreach activities and events.The agency’s Virtual Guest Program engaged 277,370 virtual guests across 13 events, with an average of 145 countries, regions, and territories represented per event.
There also were many notable engagements highlighting the intersection of space and sports in 2024, including the Stanley Cup visiting NASA Kennedy for photographs as part of the agency’s growing partnership with the National Hockey League. NASA Glenn also collaborated with The Ohio State University Marching Band for its halftime show during the university’s football game on Sept. 21. A video greeting from astronauts aboard the International Space Station introduced the show, which featured aerospace-themed music and numerous formations including the final formation the NASA Meatball.
For more about NASA’s missions, research, and discoveries, visit:
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S&P Global Announces New Strategic Direction for Upstream Energy Business
Published
5 hours agoon
April 24, 2026By
Divests its geoscience and petroleum engineering software portfolio to global technology firm SLB in order to sharpen focus on proprietary data and insightsLaunches Titan, a new customer facing AI-powered platform for upstream data and insightsPartners with SLB to distribute S&P Global Energy data and develop new tools
NEW YORK, April 24, 2026 /PRNewswire/ — Today, S&P Global announced strategic innovations and changes to its upstream energy business, beginning with a definitive agreement to sell S&P Global Energy’s geoscience and petroleum engineering software portfolio to SLB, a global technology company driving energy innovation across more than 100 countries. This portfolio of subsurface and engineering software, widely used by U.S. onshore and unconventional operators, includes Kingdom Software, Petra, Harmony Enterprise, Analytics Explorer, SubPUMP, PowerTools, FieldDIRECT, Piper, WellTest, and The Element Platform, together with associated business services.
In addition, S&P Global Energy will launch an AI-powered upstream data platform known as Titan, designed to transform how customers discover, analyze, and act on high-quality data and insights. Built on comprehensive global coverage spanning 113 countries, Titan will serve an estimated 110,000 users across 4,000 client organizations, scaling from individual analysts to global enterprises.
Currently in beta testing with select customers, Titan is scheduled for full commercial launch later this year. The platform consolidates content and analytics into a single, high-performance workspace that accelerates critical decision-making. Titan differentiates through an AI-Powered experience that enables anticipatory discovery, surfacing relevant patterns before users need to search, and helping teams translate upstream market signals into faster commercial and strategic actions.
“This new strategic direction for our upstream business will allow us to transform a core part of our business and deliver enhanced value to our customers,” said Dave Ernsberger, President, S&P Global Energy. “Backed by an innovative new AI-powered platform, Titan, that will fundamentally change how our upstream data is connected and delivered, we are taking a significant leap forward in how we serve global energy markets as the most trusted provider of data and insights. These new investments could not come at a more important time as the world navigates a challenging energy environment, powered by the data and insights we provide.”
Along with launching Titan, divesting these software assets will allow S&P Global Energy to focus on providing world class data and insights and pursue a channel-agnostic approach toward the distribution of its content. As part of this transaction, S&P Global Energy will continue to distribute its leading proprietary data through the divested geoscience and petroleum engineering workflow tools. The parties have also entered an agreement to expand their partnership through further data distribution and collaboration on building new AI models to transform upstream business use cases.
“Unconventional markets demand speed, scale and efficiency,” said Olivier Le Peuch, Chief Executive Officer, SLB. “This software portfolio is widely used by U.S. land operators in their daily workflows. By integrating these capabilities with our industrial-scale digital platforms and AI technologies we can serve customers across the full spectrum of subsurface and planning needs.”
SLB’s upstream energy sector tools and services are designed to deliver insights and manage data to meet diverse client needs across exploration, production, logistics, and midstream infrastructure including pipelines, storage terminals, and ports. The customers include national and international energy companies, and independents, along with midstream-downstream operating companies.
The transaction is subject to the satisfaction of customary conditions, including the receipt of regulatory approvals, and is expected to close in the second half of 2026 or early 2027. Terms of the transaction were not disclosed.
J.P. Morgan Securities LLC is acting as financial advisor to S&P Global. Ropes & Gray LLP is acting as legal advisor to S&P Global. Akin Gump Strauss Hauer & Feld LLP is acting as legal advisor to SLB.
Media Contacts:
Josh Goldstein
S&P Global Energy
+1 954-254-4900
josh.goldstein@spglobal.com
Orla O’Brien
S&P Global
+1 857-407-8559
orla.obrien@spglobal.com
About S&P Global Energy
At S&P Global Energy (formerly S&P Global Commodity Insights), our comprehensive view of global energy and commodities markets enables our customers to make superior decisions and create long-term, sustainable value. Our four core capabilities are: Platts for pricing and news; CERA for research and advisory; Horizons for energy expansion and sustainability solutions; and Events for industry collaboration.
S&P Global Energy is a division of S&P Global (NYSE: SPGI). S&P Global enables businesses, governments, and individuals with trusted data, expertise, and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape. Learn more at www.spglobal.com/energy.
About SLB
SLB is a global technology company that has driven energy innovation for 100 years. With a global presence in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.
Forward-Looking Statements: This press release contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future events, trends, contingencies or results, appear at various places in this press release and use words like “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “strategy,” “target” and similar terms, and future or conditional tense verbs like “could,” “may,” “might,” “should,” “will” and “would.” For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the Company’s business strategies and methods of generating revenue; the development and performance of the Company’s services and products; the expected impact of acquisitions and dispositions; the Company’s effective tax rates; the Company’s cost structure, dividend policy, cash flows or liquidity; and the anticipated separation of S&P Global Mobility (“Mobility”) into a standalone public company.
Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:
worldwide economic, financial, political, and regulatory conditions (including slower GDP growth or recession, restrictions on trade (e.g., tariffs), instability in the banking sector and inflation), and factors that contribute to uncertainty and volatility (e.g., supply chain risk), geopolitical uncertainty (including military conflict), natural and man-made disasters, civil unrest, public health crises (e.g., pandemics), and conditions that result from legislative, regulatory, trade and policy changes, including from the U.S. administration;the volatility and health of debt, equity, commodities, energy and automotive markets, including credit quality and spreads, the composition and mix of credit maturity profiles, the level of liquidity and future debt issuances, equity flows from active to passive, fluctuations in average asset prices in global equities, demand for investment products that track indices and assessments and trading volumes of certain exchange traded derivatives;the demand and market for credit ratings in and across the sectors and geographies where the Company operates;the Company’s ability to maintain adequate physical, technical and administrative safeguards to protect the security of confidential information and data, or protect against a system or network disruption that results in regulatory penalties and remedial costs or improper disclosure of confidential information or data;the outcome of litigation, government and regulatory proceedings, investigations and inquiries;concerns in the marketplace affecting the Company’s credibility or otherwise affecting market perceptions of the integrity or utility of independent credit ratings, benchmarks, indices and other services;the level of merger and acquisition activity in the United States and abroad;the level of the Company’s future cash flows and capital investments;the effect of competitive products (including those incorporating artificial intelligence (“AI”)) and pricing, including the level of success of new product developments and global expansion;the impact of customer cost-cutting pressures;a decline in the demand for our products and services by our customers and other market participants;our ability to develop new products or technologies, to integrate our products with new technologies (e.g., AI), or to compete with new products or technologies offered by new or existing competitors;the introduction of competing products (including those developed by AI) or technologies by other companies;our ability to protect our intellectual property from unauthorized use and infringement, including by others using AI technologies, and to operate our business without violating third-party intellectual property rights, including through our own use of AI in our products and services;our ability to attract, incentivize and retain key employees, especially in a competitive business environment;our ability to successfully navigate key organizational changes;the continuously evolving regulatory environment in Europe, the United States and elsewhere around the globe affecting each of our businesses and the products they offer, and our compliance therewith;the Company’s exposure to potential criminal sanctions or civil penalties for noncompliance with foreign and U.S. laws and regulations that are applicable in the jurisdictions in which it operates, including sanctions laws relating to countries such as Iran, Russia and Venezuela, anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act of 2010, and local laws prohibiting corrupt payments to government officials, as well as import and export restrictions;the Company’s ability to make acquisitions and dispositions and successfully integrate the businesses we acquire;consolidation of the Company’s customers, suppliers or competitors;the ability of the Company, and its third-party service providers, to maintain adequate physical and technological infrastructure;the Company’s ability to successfully recover from a disaster or other business continuity problem, such as an earthquake, hurricane, flood, civil unrest, protests, military conflict, terrorist attack, outbreak of pandemic or contagious diseases, security breach, cyber attack, data breach, power loss, telecommunications failure or other natural or man-made event;the impact on the Company’s revenue and net income caused by fluctuations in foreign currency exchange rates;the impact of changes in applicable tax or accounting requirements on the Company;the separation of Mobility not being consummated within the anticipated time period or at all;the ability of the separation of Mobility to qualify for tax-free treatment for U.S. federal income tax purposes;any disruption to the Company’s business in connection with the proposed separation of Mobility;any loss of synergies from separating the businesses of Mobility and the Company that adversely impact the results of operations of both businesses, or the companies resulting from the separation of Mobility not realizing all of the expected benefits of the separation; andfollowing the separation of Mobility, the combined value of the common stock of the two publicly-traded companies not being equal to or greater than the value of the Company’s common stock had the separation not occurred.
The factors noted above are not exhaustive. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company’s businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company’s filings with the SEC, including Item 1A, Risk Factors in our most recently filed Annual Report on Form 10-K.
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SOURCE S&P Global
STAMFORD, Conn., April 24, 2026 /PRNewswire/ — Charter Communications, Inc. (along with its subsidiaries, the “Company” or “Charter”), which operates the Spectrum brand, today reported financial and operating results for the three months ended March 31, 2026.
First quarter Spectrum Mobile™ lines increased by 368,000 and by 1.8 million over the last twelve months. As of March 31, 2026, Charter served 12.1 million mobile lines.During the first quarter, Spectrum Internet® customers declined by 120,000. As of March 31, 2026, Charter served 29.6 million Internet customers.As of March 31, 2026, customer relationships totaled 31.7 million and connectivity customers totaled 30.5 million.First quarter revenue of $13.6 billion declined 1.0% year-over-year, primarily driven by lower residential video revenue. Residential connectivity revenue grew 0.9% year-over-year.Net income attributable to Charter shareholders totaled $1.2 billion in the first quarter. First quarter Adjusted EBITDA1 of $5.6 billion declined 2.2% year-over-year and declined 1.8% excluding transition expenses.First quarter capital expenditures totaled $2.9 billion and included $812 million of line extensions.First quarter net cash flows from operating activities totaled $4.3 billion versus $4.2 billion in the prior year.First quarter free cash flow1 of $1.4 billion decreased from $1.6 billion in the prior year, primarily due to higher capital expenditures, partly offset by higher operating cash flow.During the first quarter, Charter purchased 4.3 million shares of Charter Class A common stock for $963 million.
“We remain confident about our ability to win in the marketplace and grow over the longer term. That confidence is founded on our advanced network, our core operating strategy of delivering great products at great prices and our focus on increasing customer satisfaction,” said Chris Winfrey, President and CEO of Charter. “As we continue to improve our products, pricing, packaging, and service, and complete our rural and network initiatives, we are poised for improving customer and free cash flow growth.”
1.
Adjusted EBITDA and free cash flow are non-GAAP measures defined in the “Use of Adjusted EBITDA and Free Cash Flow Information” section and are reconciled to net income attributable to Charter shareholders and net cash flows from operating activities, respectively, in the addendum of this news release.
Key Operating Results
Approximate as of
March 31, 2026 (c)
March 31, 2025 (c)
Y/Y Change
Footprint
Estimated Passings (d)
58,661
57,167
2.6 %
Customer Relationships (e)
Residential
29,452
29,914
(1.5) %
Small Business
2,231
2,246
(0.7) %
Total Customer Relationships
31,683
32,160
(1.5) %
Residential
(157)
(50)
(107)
Small Business
(6)
(4)
(2)
Total Customer Relationships Quarterly Net Additions
(163)
(54)
(109)
Total Customer Relationship Penetration of Estimated Passings (f)
54.0 %
56.3 %
(2.3) ppts
Monthly Residential Revenue per Residential Customer (g)
$ 118.44
$ 120.07
(1.4) %
Monthly Small Business Revenue per Small Business Customer (h)
$ 162.71
$ 161.31
0.9 %
Residential Customer Relationships Penetration (i)
One Product Penetration
47.7 %
48.9 %
(1.2) ppts
Two Product Penetration
34.8 %
33.4 %
1.4 ppts
Three or More Product Penetration
17.5 %
17.7 %
(0.2) ppts
Connectivity (j)
Residential
28,446
28,758
(1.1) %
Small Business
2,074
2,080
(0.3) %
Total Connectivity Customers
30,520
30,838
(1.0) %
Residential
(117)
(5)
(112)
Small Business
(3)
(2)
(1)
Total Connectivity Quarterly Net Additions
(120)
(7)
(113)
Internet
Residential
27,524
27,979
(1.6) %
Small Business
2,036
2,045
(0.5) %
Total Internet Customers
29,560
30,024
(1.5) %
Residential
(117)
(55)
(62)
Small Business
(3)
(4)
1
Total Internet Quarterly Net Additions
(120)
(59)
(61)
Mobile Lines (k)
Residential
11,714
10,031
16.8 %
Small Business
420
334
25.7 %
Total Mobile Lines
12,134
10,365
17.1 %
Residential
344
488
(144)
Small Business
24
19
5
Total Mobile Lines Quarterly Net Additions
368
507
(139)
Video (l)
Residential
12,021
12,160
(1.1) %
Small Business
524
551
(5.0) %
Total Video Customers
12,545
12,711
(1.3) %
Residential
(51)
(167)
116
Small Business
(9)
(14)
5
Total Video Quarterly Net Additions
(60)
(181)
121
Voice
Residential
4,665
5,372
(13.2) %
Small Business
1,207
1,234
(2.2) %
Total Voice Customers
5,872
6,606
(11.1) %
Mid-Market & Large Business (m)
Mid-Market & Large Business Primary Service Units (“PSUs”)
360
344
4.5 %
Mid-Market & Large Business Quarterly Net Additions
3
4
(1)
In thousands, except per customer and penetration data. See footnotes to unaudited summary of operating statistics on page 7 of the addendum of this news release. The footnotes contain important disclosures regarding the definitions used for these operating statistics. All percentages are calculated using whole numbers. Minor differences may exist due to rounding.
First quarter total Internet customers decreased by 120,000, compared to a decline of 59,000 during the first quarter of 2025. Spectrum Internet delivers the fastest Internet speeds1 in the nation. Spectrum is evolving its connectivity network to offer symmetrical and multi-gigabit Internet speeds across its entire footprint and has launched symmetrical Internet service in several markets. Spectrum expects to complete its network evolution initiative in 2027. Spectrum Advanced WiFi provides customers an optimized home network while providing greater control of connected devices with enhanced security and privacy. In February, Spectrum launched its Invincible WiFi™ product, a tri-band advanced WiFi 7 router that integrates 5G cellular and battery backup to keep customers seamlessly and fully connected during a power outage or network disruption. In the first quarter, Spectrum launched its $1,000 savings guarantee; customers signing up to Spectrum Internet and switching two or more mobile lines from Verizon, AT&T or T-Mobile are now guaranteed $1,000 of savings in their first year, or Spectrum will cover the difference.
During the first quarter of 2026, Charter added 368,000 total mobile lines, compared to growth of 507,000 during the first quarter of 2025. Spectrum Mobile offers the fastest overall speeds,2 with plans that include 5G access, do not require contracts and include taxes and fees in the price. Spectrum Mobile is central to Charter’s converged network strategy to provide customers a differentiated connectivity experience with highly competitive, simple data plans and pricing.
Total video customers decreased by 60,000 in the first quarter of 2026, compared to a decline of 181,000 in the first quarter of 2025, with the improvement driven by simplified pricing and packaging and benefits from the inclusion of programmers’ streaming applications in Spectrum’s expanded basic video packages. As of March 31, 2026, Charter had 12.5 million total video customers.
Spectrum TV Select video customers now receive up to approximately $120 per month (soon to be approximately $126 per month) of programmers’ streaming application retail value at no extra cost, including the ad-supported versions of Disney+, Hulu, ESPN Unlimited, HBO Max, Paramount+, Peacock, AMC+, ViX, Tennis Channel and Fox One, with Discovery+ launching soon. In October 2025, Spectrum unveiled the Spectrum App Store, an innovative digital marketplace where Spectrum TV customers can activate, manage and upgrade the streaming apps included with their video plans. The Spectrum App Store also allows Spectrum customers without a traditional TV package to purchase and manage streaming apps à la carte.
During the first quarter of 2026, total wireline voice customers declined by 174,000, compared to a decline of 278,000 in the first quarter of 2025. As of March 31, 2026, Charter had 5.9 million total wireline voice customers.
Charter continues to work with federal, state and local governments to bring Spectrum Internet to unserved and underserved communities. During the first quarter of 2026, Charter activated 89,000 subsidized rural passings. Within Charter’s subsidized rural footprint, total customer relationships increased by 41,000 in the first quarter of 2026.
1.
Fastest Speeds claim based on Broadband Download Speed among the top 5 national providers in Opensignal USA: Fixed Broadband Experience Report – May 2025. Based on Opensignal independent analysis of mean download speed.
2.
Fastest Wireless Speeds based on combined mean download speed results for 4G, 5G and Wi-Fi across converged users on the top 5 national providers in November 2025 report.
First Quarter Financial Results
(in millions)
Three Months Ended March 31,
2026
2025
% Change
Revenues:
Internet
$ 5,852
$ 5,930
(1.3) %
Mobile service
1,052
914
15.1 %
Connectivity
6,904
6,844
0.9 %
Video
3,252
3,580
(9.2) %
Voice
338
356
(5.0) %
Residential revenue
10,494
10,780
(2.7) %
Small business
1,090
1,088
0.2 %
Mid-market & large business
749
734
2.1 %
Commercial revenue
1,839
1,822
1.0 %
Advertising sales
358
340
5.3 %
Other
906
793
14.2 %
Total Revenues
$ 13,597
$ 13,735
(1.0) %
Net income attributable to Charter shareholders
$ 1,163
$ 1,217
(4.4) %
Net income attributable to Charter shareholders margin
8.6 %
8.9 %
Adjusted EBITDA1
$ 5,637
$ 5,763
(2.2) %
Adjusted EBITDA margin
41.5 %
42.0 %
Capital expenditures
$ 2,855
$ 2,399
19.0 %
Net cash flows from operating activities
$ 4,304
$ 4,236
1.6 %
Free cash flow1
$ 1,372
$ 1,564
(12.3) %
All percentages are calculated using whole numbers. Minor differences may exist due to rounding.
1.
Adjusted EBITDA and free cash flow are non-GAAP measures defined in the “Use of Adjusted EBITDA and Free Cash Flow Information” section and are reconciled to net income attributable to Charter shareholders and net cash flows from operating activities, respectively, in the addendum of this news release.
Revenues
First quarter revenue decreased by 1.0% year-over-year to $13.6 billion, driven by lower residential video revenue partly due to costs allocated to programmer streaming applications and netted within video revenue and lower residential Internet revenue, partly offset by an increase in residential mobile service revenue and higher mobile device revenue. Excluding advertising sales revenue and costs allocated to programmer streaming applications and netted within video revenue, first quarter total revenue grew by 0.1% year-over-year.
Residential revenue totaled $10.5 billion in the first quarter, a decrease of 2.7% year-over-year, driven by a year-over-year decline in residential customers of 1.5% and a decrease in monthly residential revenue per residential customer of 1.4%.
First quarter 2026 monthly residential revenue per residential customer totaled $118.44, a decrease of 1.4% compared to the prior year period. The decline was driven by a higher mix of lower priced video packages within Charter’s video customer base, $218 million of costs allocated to programmer streaming applications and netted within video revenue versus $47 million in the prior year period and a decline in video customers during the last year, partly offset by promotional rate step-ups, rate adjustments and the growth of Spectrum Mobile. Excluding costs allocated to programmer streaming applications and netted within video revenue, monthly residential revenue per residential customer increased 0.3% compared to the prior year period.
Internet revenue declined 1.3% year-over-year to $5.9 billion, driven by a decline in Internet customers year-over year, partly offset by a favorable change in bundled revenue allocation year-over-year, promotional rate step-ups and rate adjustments.
First quarter mobile service revenue totaled $1.1 billion, an increase of 15.1% year-over-year, driven by mobile line growth and rate adjustments, partly offset by less favorable bundled revenue allocation year-over-year.
Video revenue totaled $3.3 billion in the first quarter, a decrease of 9.2% compared to the prior year period, driven by a higher mix of lower priced video packages within Charter’s video customer base, $218 million of costs allocated to programmer streaming applications and netted within video revenue versus $47 million in the prior year period, more unfavorable bundled revenue allocation year-over-year and a decline in video customers during the last year, partly offset by promotional rate step-ups and video rate adjustments that pass through programmer rate increases.
Voice revenue decreased by 5.0% year-over-year to $338 million, driven by a decline in wireline voice customers, partly offset by voice rate adjustments.
Commercial revenue increased by 1.0% year-over-year to $1.8 billion, driven by mid-market and large business revenue growth of 2.1% year-over-year and an increase in small business revenue of 0.2%. Mid-market and large business revenue excluding wholesale increased by 2.8% year-over-year, mostly reflecting PSU growth. The year-over-year increase in first quarter 2026 small business revenue was driven by a 0.9% increase year-over-year in monthly small business revenue per small business customer, mostly offset by a decline in small business customer relationships year-over-year.
First quarter advertising sales revenue of $358 million increased by 5.3% compared to the year-ago quarter, primarily driven by higher political revenue. Excluding political revenue in both periods, advertising sales revenue decreased by 3.4% year-over-year driven by lower linear advertising revenue, partly offset by higher streaming advertising revenue.
Other revenue totaled $906 million in the first quarter, an increase of 14.2% compared to the first quarter of 2025, primarily driven by higher mobile device sales.
Operating Costs and Expenses
First quarter total operating costs and expenses declined 0.2% year-over-year to $8.0 billion driven by lower programming costs, mostly offset by higher other costs of revenue.
First quarter programming costs decreased by $214 million, or 9.3% as compared to the first quarter of 2025, reflecting $218 million of costs allocated to programmer streaming applications and netted within video revenue versus $47 million in the prior year period, a higher mix of lower cost packages within Charter’s video customer base and fewer video customers, partly offset by contractual programming rate increases and renewals.
Other costs of revenue increased by $181 million, or 11.4% year-over-year, primarily driven by higher mobile service direct costs, higher mobile device sales and higher advertising sales costs given higher political revenue.
Field and technology operations expenses decreased by $24 million, or 1.8% year-over-year, primarily driven by lower labor expense.
Customer operations expenses decreased by $6 million, or 0.8% year-over-year, primarily due to a decrease in bad debt expense.
Marketing and residential sales expenses decreased by $30 million or 3.2% year-over-year, due to lower marketing and labor expenses.
Transition expenses represent incremental costs incurred to prepare for the integration of the previously announced Cox transaction.
Other expenses increased by $57 million, or 5.3% as compared to the first quarter of 2025, primarily due to one-time benefits of $75 million in the prior year period.
Net Income Attributable to Charter Shareholders
Net income attributable to Charter shareholders totaled $1.2 billion in the first quarter of 2026 and 2025, with lower Adjusted EBITDA and higher depreciation and amortization, partly offset by a decrease in other operating expenses due to a non-strategic asset impairment charge in the first quarter of 2025.
Net income per basic common share attributable to Charter shareholders totaled $9.27 in the first quarter of 2026 compared to $8.59 during the same period last year. The increase was primarily the result of a 11.4% decrease in basic weighted average common shares outstanding versus the prior year period, partly offset by the factors described above.
Adjusted EBITDA
First quarter Adjusted EBITDA of $5.6 billion declined by 2.2% year-over-year, reflecting a decline in revenue of 1.0%, partly offset by a decrease in operating costs and expenses of 0.2%. Excluding transition expenses, Adjusted EBITDA declined 1.8% year-over-year.
Capital Expenditures
Capital expenditures totaled $2.9 billion in the first quarter of 2026, an increase of $456 million compared to the first quarter of 2025 given timing of spend, with higher upgrade/rebuild (primarily network evolution) and CPE, partly offset by lower line extension spend.
Charter continues to expect full year 2026 capital expenditures, excluding impacts from the previously announced Cox transaction, to total approximately $11.4 billion. The actual amount of capital expenditures in 2026 will depend on a number of factors including, but not limited to, the pace of Charter’s network evolution and expansion initiatives, supply chain timing and growth rates in Charter’s residential and commercial businesses.
Cash Flow and Free Cash Flow
During the first quarter of 2026, net cash flows from operating activities totaled $4.3 billion, an increase from $4.2 billion in the prior year. The year-over-year increase was primarily due to a less unfavorable change in working capital, partly offset by lower Adjusted EBITDA and higher cash paid for interest.
Free cash flow in the first quarter of 2026 totaled $1.4 billion, a decrease of $192 million compared to the first quarter of 2025. The year-over-year decrease in free cash flow was driven by higher capital expenditures, partly offset by a less unfavorable change in accrued expenses related to capital expenditures and higher net cash flows from operating activities.
Liquidity & Financing
As of March 31, 2026, total principal amount of debt was $94.3 billion and Charter’s credit facilities provided approximately $4.6 billion of additional liquidity in excess of Charter’s $517 million cash position.
In January 2026, CCO Holdings, LLC (“CCO Holdings”) and CCO Holdings Capital Corp. jointly issued $1.75 billion aggregate principal amount of 7.000% senior notes due February 2033 at par and $1.25 billion aggregate principal amount of 7.375% senior notes due February 2036 at par. In February 2026, CCO Holdings and CCO Holdings Capital Corp. redeemed $750 million in aggregate principal amount of the outstanding 5.500% senior notes due 2026 and $2.25 billion in aggregate principal amount of the outstanding 5.125% senior notes due 2027.
Share Repurchases
During the three months ended March 31, 2026, Charter purchased 4.3 million shares of Charter Class A common stock for $963 million.
Webcast
Charter will host a webcast on Friday, April 24, 2026 at 8:30 a.m. Eastern Time (ET) related to the contents of this release.
The webcast can be accessed live via the Company’s investor relations website at ir.charter.com. Participants should go to the webcast link no later than 10 minutes prior to the start time to register. The webcast will be archived at ir.charter.com two hours after completion of the webcast.
Additional Information Available on Website
The information in this press release should be read in conjunction with the financial statements and footnotes contained in the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2026, which will be posted on the “Results & SEC Filings” section of the Company’s investor relations website at ir.charter.com, when it is filed with the Securities and Exchange Commission (the “SEC”). A slide presentation to accompany the conference call and a trending schedule containing historical customer and financial data will also be available in the “Results & SEC Filings” section.
Use of Adjusted EBITDA and Free Cash Flow Information
The Company uses certain measures that are not defined by U.S. generally accepted accounting principles (“GAAP”) to evaluate various aspects of its business. Adjusted EBITDA and free cash flow are non-GAAP financial measures and should be considered in addition to, not as a substitute for, net income attributable to Charter shareholders and net cash flows from operating activities reported in accordance with GAAP. These terms, as defined by Charter, may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA and free cash flow are reconciled to net income attributable to Charter shareholders and net cash flows from operating activities, respectively, in the Addendum to this release.
Adjusted EBITDA is defined as net income attributable to Charter shareholders plus net income attributable to noncontrolling interest, net interest expense, income taxes, depreciation and amortization, stock compensation expense, other income (expenses), net and other operating (income) expenses, net, such as special charges, merger and acquisition costs and (gain) loss on sale or retirement of assets. As such, it eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of the Company’s businesses as well as other non-cash or special items, and is unaffected by the Company’s capital structure or investment activities. However, this measure is limited in that it does not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues and the cash cost of financing. These costs are evaluated through other financial measures.
Free cash flow is defined as net cash flows from operating activities, less capital expenditures and changes in accrued expenses related to capital expenditures.
Management and Charter’s board of directors use Adjusted EBITDA and free cash flow to assess Charter’s performance and its ability to service its debt, fund operations and make additional investments with internally generated funds. In addition, Adjusted EBITDA generally correlates to the leverage ratio calculation under the Company’s credit facilities or outstanding notes to determine compliance with the covenants contained in the facilities and notes (all such documents have been previously filed with the SEC). For the purpose of calculating compliance with leverage covenants, the Company uses Adjusted EBITDA, as presented, excluding certain expenses paid by its operating subsidiaries to other Charter entities. The Company’s debt covenants refer to these expenses as management fees, which were $366 million for both the three months ended March 31, 2026 and 2025.
About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company with services available to nearly 59 million homes and small to large businesses across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.
More information about Charter can be found at corporate.charter.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under “Risk Factors” from time to time in our filings with the SEC. Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as “believe,” “future,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” “aim,” “on track,” “target,” “opportunity,” “tentative,” “positioning,” “designed,” “create,” “predict,” “project,” “initiatives,” “seek,” “would,” “could,” “continue,” “ongoing,” “upside,” “increases,” “grow,” “focused on” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this communication are set forth in our annual report on Form 10-K, and in other reports or documents that we file from time to time with the SEC, and include, but are not limited to:
our ability to sustain and grow revenues and cash flow from operations by offering Internet, mobile, video, voice, advertising and other services to residential and commercial customers, to adequately meet the customer experience demands in our service areas and to maintain and grow our customer base, particularly in the face of increasingly aggressive competition, the need for innovation and the related capital expenditures;the impact of competition from other market participants, including but not limited to incumbent telephone companies, direct broadcast satellite (“DBS”) operators, wireless and satellite broadband and telephone providers, digital subscriber line (“DSL”) providers, fiber to the home providers and providers of video content over broadband Internet connections;general business conditions, unemployment levels and the level of activity in the housing sector and economic uncertainty or downturn;our ability to develop and deploy new products and technologies including consumer services and service platforms;any events that disrupt our networks, information systems or properties and impair our operating activities or our reputation;the effects of governmental regulation on our business including subsidies to consumers, subsidies and incentives for competitors, costs, disruptions and possible limitations on operating flexibility related to, and our ability to comply with, regulatory conditions applicable to us;our ability to procure necessary services and equipment from our vendors in a timely manner and at reasonable costs including in connection with our network evolution and rural construction initiatives;our ability to obtain programming at reasonable prices or to raise prices to offset, in whole or in part, the effects of higher programming costs (including retransmission consents and distribution requirements);the ability to hire and retain key personnel;the availability and access, in general, of funds to meet our debt obligations prior to or when they become due and to fund our operations and necessary capital expenditures, either through (i) cash on hand, (ii) free cash flow, or (iii) access to the capital or credit markets;our ability to comply with all covenants in our indentures and credit facilities, any violation of which, if not cured in a timely manner, could trigger a default of our other obligations under cross-default provisions;our ability to satisfy the conditions to consummate the Liberty Broadband Combination and/or the Cox Transactions and/or to consummate the Liberty Broadband Combination and/or the Cox Transactions in a timely manner or at all;the risks related to us being restricted in the operation of our business while the Liberty Broadband Merger Agreement and the Cox Communications Transaction Agreement are in effect;other risks related to the Liberty Broadband Combination as described in the definitive joint proxy statement/prospectus with respect to the Liberty Broadband Combination, filed by Charter on January 22, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein; andother risks related to the Cox Transactions as described in the definitive proxy statement with respect to the Cox Transactions, filed by Charter on July 2, 2025, including the sections entitled “Risk Factors” and “Where You Can Find More Information” included therein.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO GAAP MEASURES
(dollars in millions)
Three Months Ended
March 31,
Last Twelve Months Ended
March 31,
2026
2025
2026
2025
Net income attributable to Charter shareholders
$ 1,163
$ 1,217
$ 4,933
$ 5,194
Plus: Net income attributable to noncontrolling interest
200
192
787
788
Interest expense, net
1,256
1,241
5,057
5,154
Income tax expense
465
445
1,712
1,648
Depreciation and amortization
2,211
2,181
8,741
8,664
Stock compensation expense
203
222
654
659
Other, net
139
265
698
728
Adjusted EBITDA (a)
$ 5,637
$ 5,763
$ 22,582
$ 22,835
Net cash flows from operating activities
$ 4,304
$ 4,236
$ 16,145
$ 15,454
Less: Purchases of property, plant and equipment
(2,855)
(2,399)
(12,115)
(10,877)
Change in accrued expenses related to capital expenditures
(77)
(273)
782
886
Free cash flow (a)
$ 1,372
$ 1,564
$ 4,812
$ 5,463
The above schedule is presented in order to reconcile Adjusted EBITDA and free cash flow, non-GAAP measures, to the most directly comparable GAAP measures in accordance with Section 401(b) of the Sarbanes-Oxley Act.
UNAUDITED ALTERNATIVE PRESENTATION OF ADJUSTED EBITDA
(dollars in millions)
Three Months Ended March 31,
2026
2025
% Change
REVENUES:
Internet
$ 5,852
$ 5,930
(1.3) %
Mobile service
1,052
914
15.1 %
Connectivity
6,904
6,844
0.9 %
Video
3,252
3,580
(9.2) %
Voice
338
356
(5.0) %
Residential revenue
10,494
10,780
(2.7) %
Small business
1,090
1,088
0.2 %
Mid-market & large business
749
734
2.1 %
Commercial revenue
1,839
1,822
1.0 %
Advertising sales
358
340
5.3 %
Other
906
793
14.2 %
Total Revenues
13,597
13,735
(1.0) %
COSTS AND EXPENSES:
Programming
2,088
2,302
(9.3) %
Other costs of revenue
1,765
1,584
11.4 %
Field and technology operations
1,258
1,282
(1.8) %
Customer operations
766
772
(0.8) %
Marketing and residential sales
919
949
(3.2) %
Transition expenses
24
—
n/a
Other expense (b)
1,140
1,083
5.3 %
Total operating costs and expenses (b)
7,960
7,972
(0.2) %
Adjusted EBITDA (a)
$ 5,637
$ 5,763
(2.2) %
All percentages are calculated using whole numbers. Minor differences may exist due to rounding. See footnotes on page 7.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(dollars in millions, except per share data)
Three Months Ended March 31,
2026
2025
REVENUES
$ 13,597
$ 13,735
COSTS AND EXPENSES:
Operating costs and expenses (exclusive of items shown separately below)
8,163
8,194
Depreciation and amortization
2,211
2,181
Other operating expenses, net
15
123
10,389
10,498
Income from operations
3,208
3,237
OTHER INCOME (EXPENSES):
Interest expense, net
(1,256)
(1,241)
Other expenses, net
(124)
(142)
(1,380)
(1,383)
Income before income taxes
1,828
1,854
Income tax expense
(465)
(445)
Consolidated net income
1,363
1,409
Less: Net income attributable to noncontrolling interests
(200)
(192)
Net income attributable to Charter shareholders
$ 1,163
$ 1,217
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHARTER SHAREHOLDERS:
Basic
$ 9.27
$ 8.59
Diluted
$ 9.17
$ 8.42
Weighted average common shares outstanding, basic
125,488,486
141,591,396
Weighted average common shares outstanding, diluted
126,849,271
144,574,684
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(dollars in millions)
March 31,
December 31
2026
2025
ASSETS
(unaudited)
CURRENT ASSETS:
Cash and cash equivalents
$ 517
$ 477
Accounts receivable, net
3,510
3,680
Prepaid expenses and other current assets
933
987
Total current assets
4,960
5,144
INVESTMENT IN CABLE PROPERTIES:
Property, plant and equipment, net
47,198
46,444
Customer relationships, net
324
440
Franchises
67,471
67,471
Goodwill
29,710
29,710
Total investment in cable properties, net
144,703
144,065
OTHER NONCURRENT ASSETS
4,981
5,004
Total assets
$ 154,644
$ 154,213
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable, accrued and other current liabilities
$ 12,375
$ 12,556
Current portion of long-term debt
—
750
Total current liabilities
12,375
13,306
LONG-TERM DEBT
94,414
94,006
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY
1,596
1,447
DEFERRED INCOME TAXES
20,049
19,841
OTHER LONG-TERM LIABILITIES
5,140
5,094
SHAREHOLDERS’ EQUITY:
Controlling interest
16,385
16,054
Noncontrolling interests
4,685
4,465
Total shareholders’ equity
21,070
20,519
Total liabilities and shareholders’ equity
$ 154,644
$ 154,213
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in millions)
Three Months Ended March 31,
2026
2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income
$ 1,363
$ 1,409
Adjustments to reconcile consolidated net income to net cash flows from operating activities:
Depreciation and amortization
2,211
2,181
Stock compensation expense
203
222
Noncash interest, net
6
8
Deferred income taxes
214
(27)
Other, net
126
233
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable
5
(48)
Prepaid expenses and other assets
7
(235)
Accounts payable, accrued liabilities and other
169
493
Net cash flows from operating activities
4,304
4,236
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment
(2,855)
(2,399)
Change in accrued expenses related to capital expenditures
(77)
(273)
Other, net
(42)
(132)
Net cash flows from investing activities
(2,974)
(2,804)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings of long-term debt
7,216
1,393
Borrowings of equipment installment plan financing facility
148
121
Repayments of long-term debt
(7,499)
(1,609)
Payments for debt issuance costs
(30)
—
Purchase of treasury stock
(1,026)
(802)
Proceeds from exercise of stock options
2
17
Purchase of noncontrolling interest
—
(20)
Distributions to noncontrolling interest
(2)
(3)
Other, net
(115)
(169)
Net cash flows from financing activities
(1,306)
(1,072)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH
24
360
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period
598
506
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period
$ 622
$ 866
CASH PAID FOR INTEREST
$ 1,067
$ 995
As of March 31, 2026, December 31, 2025, March 31, 2025 and December 31, 2024, cash, cash equivalents and restricted cash includes $105 million, $121 million, $70 million and $47 million of restricted cash included in prepaid expenses and other current assets in the consolidated balance sheets, respectively.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED SUMMARY OF OPERATING STATISTICS
(in thousands, except per customer and penetration data)
Approximate as of
March 31,
2026 (c)
December 31,
2025 (c)
March 31,
2025 (c)
Footprint
Estimated Passings (d)
58,661
58,399
57,167
Customer Relationships (e)
Residential
29,452
29,609
29,914
Small Business
2,231
2,237
2,246
Total Customer Relationships
31,683
31,846
32,160
Residential
(157)
(125)
(50)
Small Business
(6)
(2)
(4)
Total Customer Relationships Quarterly Net Additions
(163)
(127)
(54)
Total Customer Relationship Penetration of Estimated Passings (f)
54.0 %
54.5 %
56.3 %
Monthly Residential Revenue per Residential Customer (g)
$ 118.44
$ 117.19
$ 120.07
Monthly Small Business Revenue per Small Business Customer (h)
$ 162.71
$ 159.85
$ 161.31
Residential Customer Relationships Penetration (i)
One Product Penetration
47.7 %
48.0 %
48.9 %
Two Product Penetration
34.8 %
34.5 %
33.4 %
Three or More Product Penetration
17.5 %
17.5 %
17.7 %
Connectivity (j)
Residential
28,446
28,563
28,758
Small Business
2,074
2,077
2,080
Total Connectivity Customers
30,520
30,640
30,838
Residential
(117)
(95)
(5)
Small Business
(3)
—
(2)
Total Connectivity Quarterly Net Additions
(120)
(95)
(7)
Internet
Residential
27,524
27,641
27,979
Small Business
2,036
2,039
2,045
Total Internet Customers
29,560
29,680
30,024
Residential
(117)
(119)
(55)
Small Business
(3)
—
(4)
Total Internet Quarterly Net Additions
(120)
(119)
(59)
Mobile Lines (k)
Residential
11,714
11,370
10,031
Small Business
420
396
334
Total Mobile Lines
12,134
11,766
10,365
Residential
344
406
488
Small Business
24
22
19
Total Mobile Lines Quarterly Net Additions
368
428
507
Video (l)
Residential
12,021
12,072
12,160
Small Business
524
533
551
Total Video Customers
12,545
12,605
12,711
Residential
(51)
49
(167)
Small Business
(9)
(5)
(14)
Total Video Quarterly Net Additions
(60)
44
(181)
Voice
Residential
4,665
4,832
5,372
Small Business
1,207
1,214
1,234
Total Voice Customers
5,872
6,046
6,606
Mid-Market & Large Business (m)
Mid-Market & Large Business Primary Service Units (“PSUs”)
360
357
344
Mid-Market & Large Business Quarterly Net Additions
3
3
4
See footnotes on page 7.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CAPITAL EXPENDITURES
(dollars in millions)
Three Months Ended March 31,
2026
2025
Customer premise equipment (n)
$ 668
$ 473
Scalable infrastructure (o)
310
293
Upgrade/rebuild (p)
675
395
Support capital (q)
390
360
Capital expenditures, excluding line extensions
2,043
1,521
Subsidized rural construction line extensions
426
467
Other line extensions
386
411
Total line extensions (r)
812
878
Total capital expenditures
$ 2,855
$ 2,399
Capital expenditures included in total related to:
Commercial services
$ 286
$ 273
Subsidized rural construction initiative (s)
$ 427
$ 468
Mobile
$ 60
$ 53
See footnotes on page 7.
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
FOOTNOTES
(a)
Adjusted EBITDA is defined as net income attributable to Charter shareholders plus net income attributable to noncontrolling interest, net interest expense, income taxes, depreciation and amortization, stock compensation expense, other (income) expenses, net and other operating (income) expenses, net such as special charges, merger and acquisition costs and (gain) loss on sale or retirement of assets. As such, it eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of our businesses as well as other non-cash or special items, and is unaffected by our capital structure or investment activities. Free cash flow is defined as net cash flows from operating activities, less capital expenditures and changes in accrued expenses related to capital expenditures.
(b)
Other expense excludes stock compensation expense. Total operating costs and expenses excludes stock compensation expense, depreciation and amortization and other operating (income) expenses, net.
(c)
We calculate the aging of customer accounts based on the monthly billing cycle for each account in accordance with our collection policies. On that basis, at March 31, 2026, December 31, 2025 and March 31, 2025, customers included approximately 87,600, 82,300 and 92,200 customers, respectively, whose accounts were over 60 days past due, approximately 7,800, 9,700 and 10,700 customers, respectively, whose accounts were over 90 days past due and approximately 13,600, 13,600 and 17,000 customers, respectively, whose accounts were over 120 days past due.
(d)
Passings represent our estimate of the number of units, such as single family homes, apartment and condominium units and small business and mid-market & large business sites passed by our cable distribution network in the areas where we offer the service indicated. These estimates are based upon the information available at this time and are updated for all periods presented when new information becomes available.
(e)
Customer relationships include the number of customers that receive one or more levels of service, encompassing Internet, mobile, video and voice services, without regard to which service(s) such customers receive. Customers who reside in residential multiple dwelling units (“MDUs”) and that are billed under bulk contracts are counted based on the number of billed units within each bulk MDU. Total customer relationships exclude mid-market & large business customer relationships.
(f)
Penetration represents residential and small business customers as a percentage of estimated passings.
(g)
Monthly residential revenue per residential customer is calculated as total residential quarterly revenue divided by three divided by average residential customer relationships during the respective quarter.
(h)
Monthly small business revenue per small business customer is calculated as total small business quarterly revenue divided by three divided by average small business customer relationships during the respective quarter.
(i)
One product, two product and three or more product penetration represents the number of residential customers that subscribe to one product, two products or three or more products, respectively, as a percentage of residential customer relationships.
(j)
Connectivity customers represent all customers receiving our Internet and/or mobile connectivity services.
(k)
Mobile lines include phones and tablets which require one of our standard rate plans (e.g., “Unlimited” or “By the Gig”). Mobile lines exclude wearables and other devices that do not require standard phone rate plans.
(l)
Video customers only include customers that purchase Spectrum traditional or streaming linear video packages and exclude customers that only purchase streaming applications.
(m)
Mid-market & large business PSUs represents the aggregate number of fiber service offerings counting each separate service offering at each customer location as an individual PSU.
(n)
Customer premise equipment includes equipment and devices located at the customer’s premise used to deliver our Internet, video and voice services (e.g., modems, routers and set-top boxes), as well as installation costs.
(o)
Scalable infrastructure includes costs, not related to customer premise equipment or our network, to secure growth of new customers or provide service enhancements (e.g., headend equipment).
(p)
Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including our network evolution initiative.
(q)
Support capital includes costs associated with the replacement or enhancement of non-network assets (e.g., back-office systems, non-network equipment, land and buildings, vehicles, tools and test equipment).
(r)
Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
(s)
The subsidized rural construction initiative subcategory includes projects for which we are receiving subsidies from federal, state and local governments, excluding customer premise equipment and installation.
View original content to download multimedia:https://www.prnewswire.com/news-releases/charter-announces-first-quarter-2026-results-302752467.html
SOURCE Charter Communications, Inc.
Technology
KVB Futures Marks Its First Anniversary with Heartfelt CSR Initiative, Sharing Joy This Easter Season
Published
5 hours agoon
April 24, 2026By
JAKARTA, Indonesia, April 24, 2026 /PRNewswire/ — Marking its first anniversary, KVB Futures celebrates a year of growth and milestones by hosting its inaugural Corporate Social Responsibility (CSR) initiative under the #BetterTogether vision at Yayasan Pondok Kasih Mandiri, Jakarta. Held in conjunction with Easter, the initiative reflects the company’s commitment to creating meaningful connections with the community through activities such as Easter egg colouring, a communal meal, and a donation handover to the foundation’s children.
The event was attended by President Director Tonny Fong, alongside the Compliance Director and KVB staff, highlighting KVB Futures’ commitment at the leadership level to actively contribute to social impact initiatives and community development.
“At KVB Futures, we believe that meaningful impact begins with care. This initiative reflects our responsibility to support and give back to the community, and we hope to continue creating a positive and lasting difference through our actions.”
Tonny Fong, President Director of KVB Futures.
In celebration of this first anniversary milestone, KVB Futures also introduces its Loyalty Program as a form of appreciation for its loyal clients. The program is designed to reward clients for their continuous trading activities, where each transaction contributes to earning exclusive rewards. Through this initiative, clients are encouraged to grow together with KVB Futures while enjoying additional benefits beyond the trading experience. Rewards offered under the program range from international travel, motorcycles, gold, iPhones, to vouchers reflecting the company’s commitment to delivering tangible value to its clients.
Beyond business growth, this initiative marks the beginning of KVB Futures’ long-term commitment to community engagement and sustainable impact. The company aims to continue developing meaningful programs that not only strengthen relationships with the community but also reinforce its position as a trusted, responsible, and people-first brokerage in Indonesia.
About KVB Futures
PT KVB Futures is a fully regulated brokerage under BAPPEBTI, operating in accordance with applicable regulations of OJK and Bank Indonesia (BI), and is ISO-certified to ensure high standards of security and operational excellence.
KVB Futures offers multi-asset trading services, including foreign exchange, gold, silver, oil, global stock indices, and US stock CFDs. With its KVB app at the core, KVB Futures combines innovative technology and a client-first approach to deliver a seamless, reliable, and competitive trading experience in Indonesia.
KVB Futures Contact
+62 851-1701-0756 | brand@kvb.co.id
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kvb-futures-marks-its-first-anniversary-with-heartfelt-csr-initiative-sharing-joy-this-easter-season-302752543.html
SOURCE KVB Futures
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