Comcast Reports 3rd Quarter 2026 Results
Key Highlights
- ➤Comcast revenue $29.3B, down 6.1% year-over-year
- ➤Adjusted EPS $1.07, down 4.0% year-over-year
- ➤Free cash flow $4.2B, down 14.8% year-over-year
- ➤Peacock EBITDA $261M; paid subscribers rose 17% to 48M
- ➤Domestic wireless lines reached 10.6M after 368,000 quarterly additions
Expert Statements
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“We are taking decisive steps to strengthen our businesses and unlock the full potential of their structural advantages”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“In Connectivity & Platforms, our near-term financial results reflect the investments we're making to navigate an increasingly dynamic environment.”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“We're encouraged by improving customer satisfaction, strong conversion of free wireless lines to paid relationships, growing adoption of premium wireless plans across our 10.6 million total wireless lines and healthy growth in Business Services, led by Enterprise, where there is substantial opportunity ahead.”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“At the same time, we're transforming our operations to move faster, improve efficiency and fully capitalize on the strength of our businesses.”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“In Content & Experiences, Peacock delivered its second consecutive profitable quarter, generating $261 million in Adjusted EBITDA on $1.8 billion in revenue, driven by strong growth in distribution, while Universal surpassed $5 billion at the global box office, led by the record-breaking success of The Odyssey, now Universal's highest-grossing film of all time.”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“Despite near-term cyclical headwinds in Theme Parks, we remain confident in the business's long-term growth potential.”
Brian L. Roberts and Mike Cavanagh, Co-CEOs of Comcast Corporation
“We generated $4.2 billion in free cash flow and are making meaningful progress on the separation of NBCUniversal and Sky, which remains on track to create two independent companies with the financial strength and flexibility to pursue their respective growth strategies.”
Comcast Corporation (NASDAQ: CMCSA) today reported results for the quarter ended September 30, 2026.
“We are taking decisive steps to strengthen our businesses and unlock the full potential of their structural advantages," said Brian L. Roberts and Mike Cavanagh, co-CEOs of Comcast Corporation. "In Connectivity & Platforms, our near-term financial results reflect the investments we're making to navigate an increasingly dynamic environment. We're encouraged by improving customer satisfaction, strong conversion of free wireless lines to paid relationships, growing adoption of premium wireless plans across our 10.6 million total wireless lines and healthy growth in Business Services, led by Enterprise, where there is substantial opportunity ahead. At the same time, we're transforming our operations to move faster, improve efficiency and fully capitalize on the strength of our businesses. In Content & Experiences, Peacock delivered its second consecutive profitable quarter, generating $261 million in Adjusted EBITDA on $1.8 billion in revenue, driven by strong growth in distribution, while Universal surpassed $5 billion at the global box office, led by the record-breaking success of The Odyssey, now Universal's highest-grossing film of all time. Despite near-term cyclical headwinds in Theme Parks, we remain confident in the business's long-term growth potential. We generated $4.2 billion in free cash flow and are making meaningful progress on the separation of NBCUniversal and Sky, which remains on track to create two independent companies with the financial strength and flexibility to pursue their respective growth strategies."
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