COMCAST CORP
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CMCSA Q2 2025 request
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Income Statement
| Metric | Q2 2025 | Q2 2024 | YoY |
|---|---|---|---|
| Revenue | 30,313 | 29,688 | +2.1% |
Show Product Lines breakouts |
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| Advertising · Residential Connectivity & Platforms | 935 | 993 | -5.8% |
| Content licensing · Studios | 1,805 | 1,714 | +5.3% |
| Domestic advertising · Media | 1,848 | 1,991 | -7.2% |
| Domestic broadband · Residential Connectivity & Platforms | 6,530 | 6,429 | +1.6% |
| Domestic distribution · Media | 2,812 | 2,764 | +1.7% |
| Domestic wireless · Residential Connectivity & Platforms | 1,195 | 1,019 | +17.3% |
| International connectivity · Residential Connectivity & Platforms | 1,219 | 1,056 | +15.4% |
| International networks · Media | 1,266 | 1,102 | +14.9% |
| Other · Media | 514 | 467 | +10.1% |
| Other · Residential Connectivity & Platforms | 1,213 | 1,313 | -7.6% |
| Other · Studios | 343 | 302 | +13.6% |
| Residential Connectivity · Residential Connectivity & Platforms | 8,945 | 8,505 | +5.2% |
| Theatrical · Studios | 284 | 237 | +19.8% |
| Video · Residential Connectivity & Platforms | 6,722 | 7,013 | -4.1% |
Show Business Segments breakouts |
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| Business Services Connectivity · Intersegment Elimination | 6 | 6 | 0.0% |
| Business Services Connectivity · Operating Segments | 2,569 | 2,416 | +6.3% |
| Business Services Connectivity · Operating Segments | 2,575 | 2,421 | +6.4% |
| Media · Intersegment Elimination | 1,238 | 1,134 | +9.2% |
| Media · Operating Segments | 5,202 | 5,190 | +0.2% |
| Media · Operating Segments | 6,440 | 6,324 | +1.8% |
| Residential Connectivity & Platforms · Intersegment Elimination | 21 | 30 | -30.0% |
| Residential Connectivity & Platforms · Operating Segments | 17,793 | 17,794 | -0.0% |
| Residential Connectivity & Platforms · Operating Segments | 17,814 | 17,824 | -0.1% |
| Studios · Intersegment Elimination | 700 | 597 | +17.3% |
| Studios · Operating Segments | 1,733 | 1,657 | +4.6% |
| Studios · Operating Segments | 2,432 | 2,253 | +7.9% |
| Theme Parks · Operating Segments | 2,349 | 1,974 | +19.0% |
| Theme Parks · Operating Segments | 2,349 | 1,975 | +18.9% |
Show Consolidation Items breakouts |
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| Consolidation Eliminations | -2,015 | -1,825 | -10.4% |
| Corporate Non Segment | 717 | 715 | +0.3% |
| Intersegment Elimination | 1,965 | 1,768 | +11.1% |
| Operating Segments | 31,611 | 30,798 | +2.6% |
| Operating Segments · External Customers | 29,646 | 29,030 | +2.1% |
| Programming And Production Costs | 7,576 | 7,961 | -4.8% |
Show Business Segments breakouts |
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| Media · Operating Segments | 7,563 | 3,595 | +110.4% |
| Residential Connectivity & Platforms · Operating Segments | 8,105 | 4,248 | +90.8% |
| Studios · Operating Segments | 3,559 | 1,499 | +137.4% |
| Marketing And Advertising Expense | 2,168 | 1,922 | +12.8% |
Show Business Segments breakouts |
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| Media · Operating Segments | 627 | 287 | +118.5% |
| Studios · Operating Segments | 844 | 394 | +114.2% |
| Other Operating And Administrative | 10,422 | 9,630 | +8.2% |
| Depreciation | 2,349 | 2,153 | +9.1% |
| Amortization Of Intangible Assets | 1,805 | 1,387 | +30.1% |
| Total Costs & Expenses | 24,320 | 23,053 | +5.5% |
| Operating Income | 5,992 | 6,635 | -9.7% |
| Interest Expense | -1,105 | -1,026 | -7.7% |
| Non-Operating Income (Expense) | 9,760 | -434 | +2348.8% |
| Income Before Taxes | 14,647 | 5,175 | +183.0% |
| Income Tax Expense (Benefit) | -3,603 | -1,336 | -169.7% |
| Net Income | 11,044 | 3,839 | +187.7% |
| Net Income Loss Attributable To Noncontrolling Interest | -79 | -89 | +11.2% |
Show Equity Components breakouts |
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| Noncontrolling Interest | -64 | -81 | +21.0% |
| Net Income | 11,123 | 3,929 | +183.1% |
Show Equity Components breakouts |
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| Retained Earnings | 11,123 | 3,929 | +183.1% |
| EPS (Basic) | 2.99 | 1.01 | +196.0% |
| EPS (Diluted) | 2.98 | 1 | +198.0% |
| Other Non-Operating Income (Expense) | 9,652 | 99 | +9649.5% |
| Comprehensive Income | 12,845 | 3,787 | +239.2% |
| Wtd Avg Shares (Basic) | 3,720 | 3,905 | -4.7% |
| Wtd Avg Shares (Diluted) | 3,727 | 3,920 | -4.9% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | 18 | 6 | +200.0% |
| Income Loss From Equity Method Investments | -29 | -444 | +93.5% |
Balance Sheet
| Metric | Q2 2025 | Q2 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 9,687 | 6,065 | +59.7% |
| Accounts Receivable | 13,040 | 13,167 | -1.0% |
Show Finance Receivable Program [Axis] breakouts |
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| Equipment Installment Plan · Notes Receivable | 1,953 | 1,718 | +13.7% |
| Other Assets Current | 6,309 | 4,220 | +49.5% |
| Total Current Assets | 29,036 | 23,452 | +23.8% |
| Short-Term Investments | 27 | 146 | -81.5% |
| Non-Current Assets | |||
| Film Monetized On Its Own And Entertainment License Agreement For Program Material Including Sports Rights Advances Capitalized Costs Noncurrent | 12,640 | 12,853 | -1.7% |
| Long Term Investments | 8,463 | 9,171 | -7.7% |
| Property, Plant & Equipment | 64,025 | 60,507 | +5.8% |
| Goodwill | 61,812 | — | — |
| Other Non-Current Assets | 13,897 | 12,468 | +11.5% |
| Total Assets | 273,850 | 262,555 | +4.3% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Primary Beneficiary · Universal Beijing Resort | 7.3 | 7.4 | -1.4% |
| Other Assets | |||
| Indefinite Lived Franchise Rights | 59,365 | 59,365 | 0.0% |
| Other Intangible Assets Net | 24,612 | 26,363 | -6.6% |
| Current Liabilities | |||
| Accounts Payable | 11,826 | 11,736 | +0.8% |
| Deferred Revenue | 4,031 | 3,943 | +2.2% |
| Accrued Liabilities | 10,215 | 7,955 | +28.4% |
| Debt Current | 5,720 | 1,021 | +460.2% |
| Total Current Liabilities | 31,792 | 35,342 | -10.0% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 27,692 | 26,252 | +5.5% |
| Other Non-Current Liabilities | 21,100 | 19,914 | +6.0% |
| Total Liabilities (Q) | — | — | — |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Primary Beneficiary · Universal Beijing Resort | 7.1 | 7 | +1.4% |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 95,808 | 97,107 | -1.3% |
| Redeemable Noncontrolling Interest Equity Carrying Amount | 231 | 236 | -2.1% |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
Show Statement Class Of Stock breakouts |
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| Common Class A | 46 | 47 | -2.1% |
| Additional Paid-In Capital | 37,797 | 38,203 | -1.1% |
| Retained Earnings | 66,000 | 54,308 | +21.5% |
| Treasury Stock Common Value | -7,517 | -7,517 | 0.0% |
| Accumulated Other Comprehensive Income | 525 | -1,822 | +128.8% |
| Total Stockholders' Equity | 96,851 | 83,219 | +16.4% |
| Minority Interest | 376 | 485 | -22.5% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 97,228 | 83,704 | +16.2% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment | 261 | 257 | +1.6% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | 36 | 70 | -48.6% |
| Accumulated Other Comprehensive Income | 525 | -1,822 | +128.8% |
| Accumulated Translation Adjustment | 229 | -2,149 | +110.7% |
| Additional Paid In Capital | 37,797 | 38,203 | -1.1% |
| Common Stock · Common Class A | 46 | 47 | -2.1% |
| Noncontrolling Interest | 376 | 485 | -22.5% |
| Retained Earnings | 66,000 | 54,308 | +21.5% |
| Treasury Stock Common | -7,517 | -7,517 | 0.0% |
| Total Liabilities & Equity | 273,850 | 262,555 | +4.3% |
Cash Flow Statement
| Metric | YTD Q2 2025 | YTD Q2 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 8,003 | 7,091 | +12.9% |
| Stock-Based Compensation | 703 | 689 | +2.0% |
| Noncash Interest Expense Income Net | 253 | 218 | +16.1% |
| Gain Loss On Investments And Other Noncash Income Loss Net | -9,390 | 391 | -2501.5% |
| Deferred Income Taxes | 2,556 | 240 | +965.0% |
| Increase Decrease In Current And Noncurrent Receivables Net | 1,023 | 750 | +36.4% |
| Increase Decrease In Film And Television Costs Net | 188 | 23 | +717.4% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | 34 | -648 | +105.2% |
| Increase Decrease In Other Operating Capital Net | -1,602 | -3,798 | +57.8% |
| Net Cash from Operations | 16,109 | 12,572 | +28.1% |
| Investing Activities | |||
| Capital Expenditures | -4,930 | -5,354 | +7.9% |
| Payments To Acquire Intangible Assets | -1,257 | -1,341 | +6.3% |
| Payments For Construction Of Theme Park | -3 | -109 | +97.2% |
| Payments To Acquire Businesses Net Of Cash Acquired | -1,279 | — | — |
| Proceeds From Sales Of Businesses And Investments | 659 | 557 | +18.3% |
| Payments To Acquire Investments | -1,132 | -706 | -60.3% |
| Other Investing Activities | 39 | 73 | -46.6% |
| Net Cash from Investing | -7,903 | -6,879 | -14.9% |
| Financing Activities | |||
| Proceeds From Issuance Of Long Term Debt | 2,494 | 3,266 | -23.6% |
| Repayments Of Long Term Debt | -1,856 | -1,911 | +2.9% |
| Share Repurchases | -4,066 | -4,930 | +17.5% |
| Payments Of Dividends | -2,462 | -2,418 | -1.8% |
| Proceeds From Payments For Other Financing Activities | 9 | 175 | -94.9% |
| Net Cash from Financing | -5,881 | -5,817 | -1.1% |
| Supplemental | |||
| Income Taxes Paid | 2,085 | 4,568 | -54.4% |
| Interest Paid | 1,803 | 1,813 | -0.6% |
| Unpaid Capital Expenditures | 2 | 2.1 | -4.8% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 46 | -17 | +370.6% |
| Net Change in Cash | 2,371 | -141 | +1781.6% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 9,748 | 6,141 | +58.7% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.