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Filing Flows › Comcast (CMCSA) › Q3 2026 › vs Q3 2025

Comcast (CMCSA) Q3 2026 vs Q3 2025 (year over year)

Comcast's revenue fell $1.9B (-6%) from $31.2B in Q3 2025 to $29.3B in Q3 2026. Operating margin 18.2% against 17.7% (+0.4 pts).

Comcast, Q3 2026: revenue $29.3B (-6% year over year), operating margin 18.2%, net earnings $3.4B, operating cash flow $7.9B. The chart draws each line against Q3 2025, the increases inside each band.

Comcast: what changed, Q3 2026 vs Q3 2025Comcast: what changed, Q3 2026 vs Q3 2025Costs & expenses−$1.7BOther operating costs−$1.6BOperating cash flow−$790MFree Cash Flow (company-repor…−$733MWorking capital & other−$622MDepreciation & amortization−$321MOperating profit−$214MOther expense, net−$192MIncome tax−$134MNet earnings$116M

Margins

Q3 2026Q3 2025Change
Operating margin18.2%17.7%+0.4 pts
Net margin11.8%10.7%+1.1 pts
Free cash flow margin14.4%15.9%-1.5 pts

Every line

LineQ3 2026Q3 2025Change%
Revenue$29.3B$31.2B−$1.9B-6%
Operating profit$5.3B$5.5B−$214M-4%
Costs & expenses$24.0B$25.7B−$1.7B-7%
Pre-tax earnings$4.4B$4.5B−$22.0M-0.5%
Other expense, net$874M$1.1B−$192M-18%
Sales & marketing$2.1B$2.2B−$77.0M-4%
Other operating costs$21.9B$23.5B−$1.6B-7%
Loss borne by minority interests$86.0M$83.0M$3.0M+4%
Net earnings$3.4B$3.3B$116M+3%
Income tax$1.1B$1.2B−$134M-11%
Depreciation & amortization$3.7B$4.0B−$321M-8%
Share-based compensation$348M$311M$37.0M+12%
Working capital & other$408M$1.0B−$622M-60%
Operating cash flow$7.9B$8.7B−$790M-9%
Free Cash Flow (company-reported)$4.2B$4.9B−$733M-15%
Capital expenditures$3.1B$3.1B−$13.0M-0.4%
Cash paid for capitalized software and other intangible assets$633M$677M−$44.0M-6%

Questions

How much did Comcast's revenue grow year over year in Q3 2026?

Comcast's revenue fell $1.9B (-6%) from $31.2B in Q3 2025 to $29.3B in Q3 2026. Operating margin 18.2% against 17.7% (+0.4 pts).

Q3 2026 results → · Compare in the interactive Sankey →