Comcast Corp. Class A Common Stock (CMCSA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.97	$1.04	+7.2%	—	$29.9B	—
Q1 26	$0.73	$0.79	+8.2%	—	$31.5B	—
Q4 25	$0.76	$0.84	+10.5%	—	$32.3B	—
Q3 25	$1.1	$1.12	+1.8%	—	$31.2B	—
Q2 25	$1.18	$1.25	+5.9%	—	$30.3B	—
Q1 25	$0.99	$1.09	+10.1%	—	$29.9B	—
Q4 24	$0.86	$0.96	+11.6%	—	$31.9B	—
Q3 24	$1.06	$1.12	+5.7%	—	$32.1B	—
Q2 24	$1.12	$1.21	+8.0%	—	$29.7B	—
Q1 24	$0.99	$1.04	+5.1%	—	$30.1B	—
Q4 23	$0.79	$0.84	+6.3%	—	$31.3B	—
Q3 23	$0.95	$1.08	+13.7%	—	$30.1B	—
Q2 23	$0.98	$1.13	+15.3%	—	$30.5B	—
Q1 23	$0.83	$0.92	+10.8%	—	$29.7B	—
Q4 22	$0.78	$0.82	+5.1%	—	$30.6B	—
Q3 22	$0.9	$0.96	+6.7%	—	$29.8B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.55	—	—	$123.7B	—
FY24	—	$4.27	—	—	$123.7B	—
FY23	—	$3.87	—	—	$121.6B	—
FY22	—	$1.27	—	—	$121.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$80.7B	$85B	$94.5B	$108.9B	$103.6B	$116.4B	$121.4B	$121.6B	$123.7B	$123.7B
YoY change	+8.36%	+5.32%	+11.1%	+15.3%	-4.94%	+12.4%	+4.33%	+0.12%	+1.78%	-0.02%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	80.7B	85B	94.5B	108.9B	103.6B	116.4B	121.4B	121.6B	123.7B	123.7B
Cost of revenue	24.3B	25.4B	29.7B	34.4B	33.1B	38.5B	38.2B	36.8B	37B	35B
Gross profit	56.4B	59.7B	64.8B	74.5B	70.4B	77.9B	83.2B	84.8B	86.7B	88.8B
Gross margin	69.8%	70.2%	68.6%	68.4%	68%	67%	68.5%	69.8%	70.1%	71.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	6.3B	6.5B	7B	7.6B	6.7B	7.7B	8.5B	8B	8.1B	8.9B
Operating expenses	30.1B	31.5B	34.8B	40.4B	39.9B	43.3B	46.8B	47.2B	48.6B	51.9B
Operating income	16.8B	18B	19B	21.1B	17.5B	20.8B	22.6B	23.3B	23.3B	20.7B
Operating margin	20.8%	21.2%	20.1%	19.4%	16.9%	17.9%	18.6%	19.2%	18.8%	16.7%
Non-operating income, net	437M	421M	-225M	438M	1.2B	2.6B	-9.4B	1.3B	-491M	9.5B
Pretax income	14.3B	15.4B	15.2B	17B	14.1B	19.1B	9.3B	20.5B	18.7B	25.8B
Income tax	5.3B	-7.6B	3.4B	3.7B	3.4B	5.3B	4.4B	5.4B	2.8B	6.1B
Net income	9B	22.9B	11.9B	13.3B	10.7B	13.8B	4.9B	15.1B	15.9B	19.7B
Net margin	11.2%	27%	12.6%	12.2%	10.3%	11.9%	4.06%	12.4%	12.8%	15.9%
EBITDA	26.7B	28.6B	30B	33.9B	30.7B	36.8B	35.9B	39B	37.9B	36.3B
EPS	1.71	4.89	2.59	2.87	2.3	3.12	1.27	3.87	4.27	5.55
Diluted EPS	1.71	4.75	2.53	2.83	2.28	3.04	1.21	3.71	4.14	5.39

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	30.1B	31.3B	30.1B	29.7B	32.1B	31.9B	29.9B	30.3B	31.2B	32.3B	31.5B	29.9B
Cost of revenue	8.7B	10.3B	8.8B	8B	10.2B	10B	8.4B	7.6B	8.7B	10.3B	10.9B	8.4B
Gross profit	21.5B	21B	21.2B	21.7B	21.9B	21.9B	21.5B	22.7B	22.5B	22B	20.6B	21.6B
Gross margin	71.3%	67.2%	70.6%	73.2%	68.1%	68.6%	71.8%	75%	72.3%	68.1%	65.4%	72%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.9B	2B	2B	1.9B	2B	2.1B	2.1B	2.2B	2.2B	2.4B	2.2B	2.3B
Operating expenses	11.5B	13B	11.9B	11.6B	12.1B	13.1B	12B	12.6B	13B	14.3B	12.6B	12.7B
Operating income	6.5B	4.5B	5.8B	6.6B	5.9B	5B	5.7B	6B	5.5B	3.5B	4.1B	5.2B
Operating margin	21.5%	14.3%	19.3%	22.3%	18.3%	15.6%	18.9%	19.8%	17.7%	10.8%	13.1%	17.2%
Non-operating income, net	50M	578M	298M	-434M	-3M	-351M	-116M	9.8B	62M	-203M	-309M	504M
Pretax income	5.5B	4B	5.1B	5.2B	4.8B	3.6B	4.5B	14.6B	4.5B	2.2B	2.7B	4.6B
Income tax	1.5B	890M	1.3B	1.3B	1.2B	-1.1B	1.2B	3.6B	1.2B	89M	706M	1.2B
Net income	4B	3.2B	3.8B	3.8B	3.6B	4.7B	3.3B	11B	3.2B	2.1B	2B	3.4B
Net margin	13.3%	10.1%	12.6%	12.9%	11.2%	14.7%	11%	36.4%	10.4%	6.41%	6.44%	11.4%
EBITDA	10.1B	8.6B	9.7B	9.8B	9.8B	8.6B	9.4B	19.8B	9.5B	7.4B	7.6B	9.1B
EPS	0.98	0.82	0.97	1.01	0.95	1.26	0.9	3.01	0.91	0.6	0.6	0.99
Diluted EPS	0.98	0.81	0.97	1	0.94	1.24	0.89	2.98	0.9	0.6	0.6	0.99

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	164.7B	174.3B	144.4B	191.9B	225B	213.8B	138.3B	163.5B	133.2B	101B	76.7B
Enterprise value	222.4B	235.5B	252.4B	293.8B	322.1B	305.1B	233.5B	254.4B	225B	190.4B	160.7B
Shares outstanding	5.1B	4.6B	4.5B	4.6B	4.6B	4.5B	4.2B	4B	3.8B	3.6B	3.6B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.2	7.61	12.2	14.4	21	15.5	28.1	10.8	8.39	5.14	6.98
P/S	2.04	2.05	1.53	1.76	2.17	1.84	1.14	1.34	1.08	0.82	0.62
P/B	2.86	2.46	1.96	2.25	2.42	2.18	1.69	1.96	1.54	1.04	0.86
EV/EBITDA	8.34	8.24	8.42	8.68	10.5	8.28	6.5	6.52	5.93	5.25	4.71
EV/Sales	2.75	2.77	2.67	2.7	3.11	2.62	1.92	2.09	1.82	1.54	1.29
Earnings yield	5.48%	13.1%	8.21%	6.94%	4.76%	6.47%	3.56%	9.24%	11.9%	19.5%	14.3%
FCF yield	5.47%	5.8%	8.72%	6.91%	5.82%	7.99%	9.14%	7.93%	9.41%	19.1%	16.6%
PEG	—	—	—	—	—	—	—	—	—	—	-0.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	69.8%	70.2%	68.6%	68.4%	68%	67%	68.5%	69.8%	70.1%	71.7%	72%
Operating margin	20.8%	21.2%	20.1%	19.4%	16.9%	17.9%	18.6%	19.2%	18.8%	16.7%	17.2%
Net margin	11.2%	27%	12.6%	12.2%	10.3%	11.9%	4.06%	12.4%	12.8%	15.9%	8.97%
ROE	15.7%	32.4%	16.1%	15.6%	11.5%	14.1%	6%	18.1%	18.4%	20.2%	11.5%
ROA	5%	12.2%	4.71%	5.06%	3.91%	5.01%	1.91%	5.71%	5.96%	7.21%	4.31%
ROIC	9.19%	13.7%	8.14%	8.85%	7%	7.97%	6.77%	9.86%	11.1%	8.44%	8.17%
Return on tangible assets	-15.2%	-41.5%	-12.9%	-16.1%	-12.8%	-18.2%	-7.92%	-28%	-35.1%	-51.1%	-38.9%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.76	0.74	0.79	0.84	0.93	0.85	0.78	0.6	0.68	0.88	0.8
Quick ratio	0.76	0.74	0.79	0.84	0.93	0.85	0.78	0.6	0.68	0.88	0.8
Debt / equity	1.06	0.91	1.51	1.26	1.17	1.02	1.22	1.16	1.15	1.02	1
Debt / assets	0.34	0.34	0.44	0.41	0.4	0.36	0.39	0.37	0.37	0.36	0.35
Net debt / EBITDA	2.16	2.14	3.6	3.01	3.16	2.48	2.65	2.33	2.42	2.46	2.46
Interest coverage	5.87	5.98	5.3	4.72	4.07	5.46	3.38	6.01	5.52	6.84	4.18
Effective tax rate	37%	0%	22.2%	21.6%	23.9%	27.5%	47%	26.2%	15%	23.7%	23%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	15.9	18.3	20.9	23.9	22.6	25.7	28.8	30.6	32.7	34.3	34.5
EPS (basic)	1.71	4.89	2.59	2.87	2.3	3.12	1.27	3.87	4.27	5.55	5.55
EPS (diluted)	1.71	4.75	2.53	2.83	2.28	3.04	1.21	3.71	4.14	5.39	3.12
Book value per share	11.3	15.2	16.3	18.7	20.3	21.6	19.4	21	22.8	27	25.3
FCF per share	1.77	2.18	2.78	2.91	2.86	3.77	3	3.26	3.31	5.34	4.99
Cash per share	0.65	0.74	0.84	1.21	2.56	1.92	1.13	1.56	1.93	2.63	2.16
Capex per share	—	—	—	—	—	—	—	—	—	3.26	3.38

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	9.5%	9.67%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	34.9%	37.1%
Payout ratio	28.8%	12.6%	28.3%	28%	38.7%	32.8%	96.3%	31.5%	30.3%	24.9%	42.3%
Dividend yield	1.58%	1.65%	2.32%	1.95%	1.84%	2.12%	3.43%	2.91%	3.61%	4.85%	6.11%

Yield

6.11%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.33

ex-dividend Oct 7, 2026

Payout ratio

42%

of earnings

Dividend growth

6 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Oct 7, 2026upcoming	$0.33
Jul 1, 2026	$0.33
Apr 1, 2026	$0.33

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$30.1B	$31.3B	$30.1B	$29.7B	$32.1B	$31.9B	$29.9B	$30.3B	$31.2B	$32.3B	$31.5B	$29.9B
YoY change	+0.89%	+2.29%	+1.23%	-2.7%	+6.49%	+2.11%	-0.57%	+2.11%	-2.72%	+1.24%	+5.25%	-1.23%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	3.3B	3.4B	3.8B	5.5B	11.7B	8.7B	4.7B	6.2B	7.3B	9.5B
Receivables	8B	8.8B	11.1B	11.3B	11.5B	12B	12.7B	13.8B	13.7B	13.9B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	16.4B	16.3B	21.8B	25.4B	26.7B	24.8B	21.8B	24B	26.8B	29.6B
Property, plant & equipment	59.6B	62.2B	68.6B	73.9B	77B	75.6B	78.4B	38.8B	40.5B	38.7B
Goodwill & intangibles	239.7B	242.7B	343.4B	346.3B	357.5B	351.9B	319.4B	318.8B	311.4B	311.2B
Total assets	180.5B	187.5B	251.7B	263.4B	273.9B	275.9B	257.3B	264.8B	266.2B	272.7B
Accounts payable	6.9B	6.9B	8.5B	10.8B	11.4B	12.5B	12.5B	12.4B	11.3B	11.1B
Short-term debt	5.5B	5.1B	4.4B	4.5B	3.1B	2.1B	1.7B	2.1B	4.9B	6B
Total current liabilities	21.5B	22B	27.6B	30.3B	28.8B	29.3B	27.9B	40.2B	39.6B	33.5B
Long-term debt	55.6B	59.4B	107.3B	102.9B	105.8B	97.9B	98.2B	95B	94.2B	93B
Total liabilities	122.9B	116.6B	177.9B	178.2B	180.9B	177.9B	175.2B	181.3B	179.9B	175.3B
Shareholders' equity	57.6B	70.8B	73.8B	85.2B	93B	98B	82B	83.5B	86.3B	97.4B
Total debt	61B	64.6B	111.7B	107.4B	108.9B	100B	100B	97.1B	99.1B	98.9B
Net debt	57.7B	61.1B	107.9B	101.9B	97.2B	91.3B	95.2B	90.9B	91.8B	89.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	6.4B	6.2B	6.5B	6.1B	8.8B	7.3B	8.6B	9.7B	9.3B	9.5B	9.5B	7.7B
Receivables	12.8B	13.8B	13.1B	13.2B	14B	13.7B	12.9B	13B	13.2B	13.9B	14.1B	14B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	24.1B	24B	24B	23.5B	27.2B	26.8B	27.3B	29B	28.9B	29.6B	28.8B	26.3B
Property, plant & equipment	-58.3B	38.8B	-59.2B	-59.5B	-60.1B	40.5B	-60.1B	-61.3B	-61.8B	38.7B	-61.3B	-62B
Goodwill & intangibles	316.7B	318.8B	315.7B	313.9B	318.4B	311.4B	312.4B	316.9B	314.2B	311.2B	288.5B	285.2B
Total assets	261.1B	264.8B	263.6B	262.6B	269.9B	266.2B	267.8B	273.9B	273B	272.7B	260B	257.6B
Accounts payable	12.2B	12.4B	11.8B	11.7B	11.8B	11.3B	11.5B	11.8B	11.7B	11.1B	12B	11.9B
Short-term debt	8.2B	2.1B	2.5B	1B	2.6B	4.9B	6.8B	5.7B	5.9B	6B	5.4B	6.1B
Total current liabilities	34.5B	40.2B	40.3B	35.3B	37.8B	39.6B	42.3B	31.8B	32.7B	33.5B	33.3B	33.1B
Long-term debt	94.4B	95B	94.1B	97.1B	98.8B	94.2B	92.3B	95.8B	93.2B	93B	89.2B	84.3B
Total liabilities	177.7B	181.3B	180.3B	178.6B	183.3B	179.9B	180.5B	176.4B	175.4B	175.3B	171.5B	167.6B
Shareholders' equity	83.4B	83.5B	83.3B	83.9B	86.5B	86.3B	87.3B	97.5B	97.6B	97.4B	88.5B	90B
Total debt	102.5B	97.1B	96.6B	98.1B	101.4B	99.1B	99.1B	101.5B	99.1B	98.9B	94.6B	90.4B
Net debt	96.1B	90.9B	90.1B	92.1B	92.5B	91.8B	90.5B	91.8B	89.7B	89.5B	85.1B	82.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	9B	22.9B	11.9B	13.3B	10.7B	13.8B	4.9B	15.1B	15.9B	19.7B
Depreciation & amortization	9.4B	9.7B	10.7B	13B	13.1B	13.8B	13.8B	14.3B	14.8B	16.2B
Stock-based compensation	640M	751M	826M	1B	1.2B	1.3B	1.3B	1.2B	1.3B	1.3B
Change in working capital	-1.5B	-1.7B	97M	-2.2B	832M	-1.6B	-3.4B	1.5B	-4.2B	2.2B
Operating cash flow	19.3B	21.3B	24.1B	26.1B	26B	29.7B	16.2B	29.8B	27.3B	33.6B
Capital expenditure	—	—	—	—	—	—	—	—	—	-11.8B
Investing cash flow	-7.2B	-2B	-39.1B	-2.4B	46M	-1.4B	-373M	8.4B	-540M	-13.5B
Dividends paid	-2.6B	-2.9B	-3.4B	-3.7B	-4.1B	-4.5B	-4.7B	-4.8B	-4.8B	-4.9B
Share repurchases	-5.4B	-5.4B	-5.3B	-504M	-534M	-4.7B	-13.3B	-11.3B	-9.1B	-7.2B
Financing cash flow	-434M	-7.6B	27.1B	-9.2B	-6.5B	-18.6B	-16.2B	-19.9B	-10.9B	-14.3B
Net change in cash	11.7B	11.8B	12.1B	14.5B	19.5B	9.7B	-401M	18.3B	15.9B	5.8B
Free cash flow	9B	10.1B	12.6B	13.3B	13.1B	17.1B	12.6B	13B	12.5B	19.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	4B	3.2B	3.8B	3.8B	3.6B	4.7B	3.3B	11B	3.3B	2.1B	2B	3.4B
Depreciation & amortization	3.5B	3.5B	3.6B	3.5B	3.9B	3.8B	3.8B	4.2B	4B	4.2B	3.9B	3.7B
Stock-based compensation	287M	286M	373M	316M	294M	305M	382M	321M	311M	274M	427M	359M
Change in working capital	-105M	2.5B	670M	-3.7B	-693M	-467M	485M	-876M	373M	2.2B	-1.7B	318M
Operating cash flow	7.9B	6.4B	8.5B	4.4B	7B	7.5B	8.1B	17.4B	8.7B	8.8B	6.9B	8.1B
Capital expenditure	—	—	—	—	—	—	—	—	-3.1B	-3.7B	-2.4B	-2.9B
Investing cash flow	-67M	160M	-202M	18M	-65M	-291M	-84M	-1.6B	-3.1B	-3.7B	-2.3B	-3B
Dividends paid	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B	-1.2B
Share repurchases	-3.5B	-3.5B	-2.7B	-2.3B	-2B	-2.2B	—	-1.8B	-1.6B	-1.5B	-1.5B	-1B
Financing cash flow	-4.6B	-10.7B	-4B	-1.8B	-642M	-4.4B	-1.8B	-1.8B	-5.2B	-3.2B	-5B	-6.3B
Net change in cash	3.2B	-4.1B	4.2B	2.6B	6.3B	2.7B	6.2B	13.9B	310M	1.9B	-397M	-1.2B
Free cash flow	4B	1.7B	4.5B	1.3B	3.4B	3.3B	5.4B	4.5B	4.9B	4.4B	3.9B	4.6B

Date	Ratio
Jan 5, 2026	1067:1000
Feb 21, 2017	2:1
Feb 22, 2007	3:2
May 6, 1999	2:1
Feb 3, 1994	3:2
Oct 25, 1989	3:2
Apr 11, 1988	3:2
Dec 19, 1986	3:2
Jun 28, 1985	3:2
Sep 19, 1984	3:2
Jan 6, 1983	3:2
Apr 13, 1981	3:2
May 16, 1980	3:2

Comcast Corp. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history