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Nasdaq · Communication Services

Comcast Corp. (CMCSA)

As-reported financials and SEC filings for Comcast Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Comcast Corp.

Comcast is a global media and technology company that provides broadband, wireless, video, and voice services primarily under the Xfinity, Comcast Business, Sky, and NOW brands. It serves residential and business customers in the United States, United Kingdom, and Italy with internet, video, and voice services, and also produces and distributes entertainment, sports, and news content through brands like NBC, Telemundo, Universal, Peacock, and Sky. Additionally, Comcast owns and operates Universal theme parks in the United States and Asia.

Snapshot

Revenue
$123.71B
Revenue growth (YoY)
-0.0%
Net income
$20.00B
Diluted EPS
$5.39
Gross margin
—
Operating margin
16.7%
Net margin
16.2%
FCF margin
17.7%
ROE
20.6%
net income / fiscal-year-end equity
P/E
7.2×
trailing when available, otherwise FY EPS
Market cap
$80.57B
Long-term debt / equity
0.96×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Comcast

  • Revenue fell 0.0% to $123.7B in FY2025, in line with the 1.8% the year before.
  • Operating margin is 16.7% in FY2025, -1.2 pp against 17.9% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $29.3B, down 6.1% from Q3 FY2025.
  • Free cash flow was $21.9B in FY2025, 17.7% of revenue.
  • Net income rose 23.5% to $20.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Comcast’s fundamentals sit among the 213 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin16.7%
85th percentile of 183
Net margin16.2%
92nd percentile of 189
FCF margin17.7%
82nd percentile of 162
Revenue growth (YoY)-0.0%
38th percentile of 207
ROE20.6%
86th percentile of 162
P/E7.2×
8th percentile of 79
Long-term debt / equity0.96×
59th percentile of 100
Short interest1.90d
25th percentile of 212

Comcast’s net margin of 16.2% ranks in the 92nd percentile of the 189 Communication Services companies reporting it. Comcast’s P/E of 7.2 ranks in the 8th percentile of the 79 peers with a meaningful P/E. Comcast’s return on equity of 20.6% ranks in the 86th percentile of the 162 Communication Services companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 8 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
8
+6 quant / multi-strat
Initiated / added
8
2 new, 6 added
Reduced / exited
8
6 trimmed, 2 exited
Combined position
$4.63B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$2.85B115.9MAdded
First Eagle Investment ManagementQ2 2026$937.1M38.2MAdded
AQR Capital ManagementquantQ2 2026$178.8M7.4MReduced
Harris Associates (Oakmark)Q2 2026$176.1M7.2MReduced
Citadel AdvisorsquantQ2 2026$128.8M5.2MAdded
Two Sigma InvestmentsquantQ2 2026$120.3M4.9MNew
Point72 Asset ManagementquantQ2 2026$65.8M2.7MAdded
Millennium ManagementquantQ2 2026$46.7M1.9MAdded
Greenlight CapitalQ2 2026$33.0M1.3MNew
Yacktman Asset ManagementQ2 2026$28.7M1.2MAdded
Bridgewater AssociatesQ2 2026$22.6M920.4KReduced
Markel GroupQ2 2026$19.7M802.1KReduced
Gotham Asset ManagementQ2 2026$16.2M658.1KReduced
D. E. ShawquantQ2 2026$7.8M317.6KReduced

No longer held by: Renaissance Technologies (as of Q2 2026), Soros Fund Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
69.4M
settled 2026-09-30
Change vs prior
-13.2%
vs previous settlement
Days to cover
1.90
at avg daily volume
Avg daily volume
36.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3069.4M-13.2%1.90
2026-09-1579.9M-3.7%3.14
2026-08-3183.0M+9.9%4.05
2026-08-1475.5M+4.0%3.11
2026-07-3172.6M-14.7%1.97
2026-07-1585.1M-3.3%2.61
2026-06-3088.0M-1.2%1.67
2026-06-1589.1M+6.3%3.03

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$123.71B$123.73B$121.57B$121.43B$116.39B
Gross profit—————
Operating income$20.67B$23.30B$23.31B$14.04B$20.82B
Pre-tax income$25.77B$18.67B$20.48B$9.28B$19.09B
Net income$20.00B$16.19B$15.39B$5.37B$14.16B
Diluted EPS$5.39$4.14$3.71$1.21$3.04

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$9.48B$7.32B$6.21B$4.75B$8.71B
Current assets$29.57B$26.80B$23.99B$21.83B$24.81B
Total assets$272.63B$266.21B$264.81B$257.27B$275.90B
Current liabilities$33.52B$39.58B$40.20B$27.89B$29.35B
Long-term debt$92.98B$94.19B$95.02B$93.07B$92.72B
Total liabilities
Total equity$97.15B$86.04B$83.23B$81.63B$97.49B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$33.64B$27.67B$28.50B$26.41B$29.15B
Capital expenditure$11.75B$12.18B$12.24B$10.63B$9.17B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$29.30B-6.1%$3.45B$0.97
Q2 FY2026$29.94B-1.2%$3.53B$0.99
Q1 FY2026$31.46B5.3%$2.17B$0.60
Q4 FY20251.2%
Q3 FY2025$31.20B-2.7%$3.33B$0.90
Q2 FY2025$30.31B2.1%$11.12B$2.98
Q1 FY2025$29.89B-0.6%$3.38B$0.89
Q4 FY20242.1%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCable & Other Pay Television Services
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ3 FY2026 (ended September 30, 2026)
Oldest indexed filing2018
SEC CIK1166691

Selected SEC filings

10-K2026-02-03
View on EDGAR →
10-K2025-01-31
View on EDGAR →
10-Q2026-10-22
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-23
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
8-K2026-10-22
View on EDGAR →
8-K2026-07-23
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

CMCSA head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.