COMCAST CORP

CMCSA 10-Q · Q1 2026

CMCSA Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 31,457 29,887 +5.3%
Show Product Lines breakouts
Advertising · Total Residential Connectivity & Platforms Segment 951 899 +5.8%
Content licensing · Total Studios Segment 2,973 2,174 +36.8%
Domestic advertising · Total Media Segment 3,453 1,468 +135.2%
Domestic broadband · Total Residential Connectivity & Platforms Segment 6,338 6,679 -5.1%
Domestic distribution · Total Media Segment 2,283 1,667 +37.0%
Domestic wireless equipment · Total Residential Connectivity & Platforms Segment 418 273 +53.1%
Domestic wireless service · Total Residential Connectivity & Platforms Segment 977 850 +14.9%
International connectivity · Total Residential Connectivity & Platforms Segment 1,240 1,132 +9.5%
International networks · Total Media Segment 1,291 1,148 +12.5%
Other · Total Media Segment 253 244 +3.7%
Other · Total Residential Connectivity & Platforms Segment 1,143 1,233 -7.3%
Other · Total Studios Segment 336 366 -8.2%
Theatrical · Total Studios Segment 117 286 -59.1%
Video · Total Residential Connectivity & Platforms Segment 6,256 6,600 -5.2%
Show Business Segments breakouts
Total Business Services Connectivity Segment · Intersegment Elimination 6 6 0.0%
Total Business Services Connectivity Segment · Operating Segments 2,634 2,490 +5.8%
Total Business Services Connectivity Segment · Operating Segments 2,640 2,496 +5.8%
Total Media Segment · Intersegment Elimination 1,146 1,028 +11.5%
Total Media Segment · Operating Segments 6,134 3,498 +75.4%
Total Media Segment · Operating Segments 7,280 4,527 +60.8%
Total Residential Connectivity & Platforms Segment · Intersegment Elimination 35 37 -5.4%
Total Residential Connectivity & Platforms Segment · Operating Segments 17,287 17,629 -1.9%
Total Residential Connectivity & Platforms Segment · Operating Segments 17,323 17,665 -1.9%
Total Studios Segment · Intersegment Elimination 1,334 825 +61.7%
Total Studios Segment · Operating Segments 2,092 2,001 +4.5%
Total Studios Segment · Operating Segments 3,426 2,826 +21.2%
Total Theme Parks Segment · Operating Segments 2,331 1,876 +24.3%
Total Theme Parks Segment · Operating Segments 2,331 1,876 +24.3%
Show Consolidation Items breakouts
Consolidation Eliminations -2,562 -2,189 -17.0%
Corporate Non Segment 1,021 917 +11.3%
Intersegment Elimination 2,521 1,896 +33.0%
Operating Segments 32,998 29,390 +12.3%
Operating Segments · External Customers 30,478 27,494 +10.9%
Programming And Production Costs 10,884 8,415 +29.3%
Show Business Segments breakouts
Total Media Segment · Operating Segments 6,304 3,283 +92.0%
Total Residential Connectivity & Platforms Segment · Operating Segments 3,787 4,107 -7.8%
Total Studios Segment · Operating Segments 2,236 1,901 +17.6%
Marketing And Advertising Expense 2,164 2,071 +4.5%
Show Business Segments breakouts
Total Media Segment · Operating Segments 404 306 +32.0%
Total Studios Segment · Operating Segments 373 392 -4.8%
Other Operating And Administrative 10,408 9,893 +5.2%
Depreciation 2,333 2,231 +4.6%
Amortization Of Intangible Assets 1,533 1,618 -5.3%
Total Costs & Expenses 27,321 24,228 +12.8%
Operating Income 4,135 5,658 -26.9%
Interest Expense -1,094 -1,050 -4.2%
Non-Operating Income (Expense) -309 -116 -166.4%
Income Before Taxes 2,733 4,492 -39.2%
Income Tax Expense (Benefit) -706 -1,196 +41.0%
Net Income 2,027 3,296 -38.5%
Net Income Loss Attributable To Noncontrolling Interest -147 -79 -86.1%
Net Income 2,174 3,375 -35.6%
EPS (Basic) 0.6 0.9 -33.3%
EPS (Diluted) 0.6 0.89 -32.6%
Other Non-Operating Income (Expense) 87 102 -14.7%
Comprehensive Income 1,783 4,222 -57.8%
Wtd Avg Shares (Basic) 3,597 3,768 -4.5%
Wtd Avg Shares (Diluted) 3,617 3,784 -4.4%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax 14 -20 +170.0%
Income Loss From Equity Method Investments -391 -194 -101.5%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 9,468 8,593 +10.2%
Accounts Receivable 14,078 12,881 +9.3%
Show Finance Receivable Program [Axis] breakouts
Equipment Installment Plan · Notes Receivable 2,045 1,869 +9.4%
Other Assets Current 5,275 5,840 -9.7%
Total Current Assets 28,822 27,314 +5.5%
Short-Term Investments 18 27 -33.3%
Non-Current Assets
Film Monetized On Its Own And Entertainment License Agreement For Program Material Including Sports Rights Advances Capitalized Costs Noncurrent 11,047 12,774 -13.5%
Long Term Investments 7,450 8,524 -12.6%
Property, Plant & Equipment 65,472 63,292 +3.4%
Goodwill 53,374
Show Business Segments breakouts
Total Business Services Connectivity Segment · Operating Segments 3.4
Total Media Segment · Operating Segments 12.3
Total Residential Connectivity & Platforms Segment · Operating Segments 29.1
Total Studios Segment · Operating Segments 3.7
Total Theme Parks Segment · Operating Segments 4.9
Other Non-Current Assets 14,054 12,464 +12.8%
Total Assets 260,002 267,770 -2.9%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · Universal Beijing Resort 7.6 7.3 +4.1%
Other Assets
Indefinite Lived Franchise Rights 59,365 59,365 0.0%
Other Intangible Assets Net 20,418 24,943 -18.1%
Current Liabilities
Accounts Payable 11,977 11,545 +3.7%
Deferred Revenue 4,006 3,766 +6.4%
Accrued Liabilities 11,932 11,000 +8.5%
Debt Current 5,394 6,848 -21.2%
Total Current Liabilities 33,308 42,325 -21.3%
Non-Current Liabilities
Deferred Tax Liabilities 28,227 25,136 +12.3%
Other Non-Current Liabilities 20,708 20,735 -0.1%
Total Liabilities (Q)
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · Universal Beijing Resort 7.6 7 +8.6%
Other Liabilities
Long Term Debt And Capital Lease Obligations 89,218 92,274 -3.3%
Redeemable Noncontrolling Interest Equity Carrying Amount 205 244 -16.0%
Stockholders' Equity
Common Stock (Q)
Show Statement Class Of Stock breakouts
Common Class A 45 46 -2.2%
Additional Paid-In Capital 37,543 37,832 -0.8%
Retained Earnings 58,602 57,473 +2.0%
Treasury Stock Common Value -7,517 -7,517 0.0%
Accumulated Other Comprehensive Income -399 -1,197 +66.7%
Total Stockholders' Equity 88,274 86,638 +1.9%
Minority Interest 61 418 -85.4%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 88,335 87,056 +1.5%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 188 269 -30.1%
Accumulated Gain Loss Net Cash Flow Hedge Parent 65 65 0.0%
Accumulated Other Comprehensive Income -399 -1,197 +66.7%
Accumulated Translation Adjustment -653 -1,530 +57.3%
Additional Paid In Capital 37,543 37,832 -0.8%
Common Stock · Common Class A 45 46 -2.2%
Noncontrolling Interest 61 418 -85.4%
Retained Earnings 58,602 57,473 +2.0%
Treasury Stock Common -7,517 -7,517 0.0%
Total Liabilities & Equity 260,002 267,770 -2.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 3,865 3,849 +0.4%
Stock-Based Compensation 427 382 +11.8%
Noncash Interest Expense Income Net 134 130 +3.1%
Gain Loss On Investments And Other Noncash Income Loss Net 263 231 +13.9%
Deferred Income Taxes 730 -43 +1797.7%
Increase Decrease In Current And Noncurrent Receivables Net -1,376 935 -247.2%
Increase Decrease In Film And Television Costs Net 375 -123 +404.9%
Increase Decrease In Accounts Payable And Accrued Liabilities 1,119 -35 +3297.1%
Increase Decrease In Other Operating Capital Net -673 -327 -105.8%
Net Cash from Operations 6,891 8,294 -16.9%
Investing Activities
Capital Expenditures -2,351 -2,252 -4.4%
Payments To Acquire Intangible Assets -639 -622 -2.7%
Proceeds From Sales Of Businesses And Investments 32 43 -25.6%
Payments To Acquire Investments -237 -145 -63.4%
Other Investing Activities 276 19 +1352.6%
Net Cash from Investing -2,919 -2,958 +1.3%
Financing Activities
Proceeds From Issuance Of Long Term Debt 1,990
Repayments Of Long Term Debt -3,182 -636 -400.3%
Share Repurchases -1,502 -2,240 +32.9%
Payments Of Dividends -1,248 -1,224 -2.0%
Cash Transferred As Part Of Separation Agreement -750
Show Counterparty Name breakouts
Versant -750
Proceeds From Payments For Other Financing Activities -316 24 -1416.7%
Net Cash from Financing -5,008 -4,075 -22.9%
Supplemental
Income Taxes Paid 249 400 -37.8%
Interest Paid 727 674 +7.9%
Unpaid Capital Expenditures 2.1 2.1 0.0%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -6 14 -142.9%
Net Change in Cash -1,042 1,275 -181.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 9,517 8,652 +10.0%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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