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Comcast (CMCSA) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 22, 2026

Comcast (CMCSA) reported revenue of $29.3B for the third quarter 2026 (Q3 2026), -6% from a year earlier and -2% from the quarter before. Operating margin was 18.2%, net earnings $3.4B (11.8% of revenue).

Revenue$29.3B
Year over year-6%
Quarter over quarter-2%
Operating margin18.2%
Net earnings$3.4B

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 follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$29.3B-2%-6%
Operating profit$5.3B+3%-4%
Net earnings$3.4B-2%+3%
Operating cash flow$7.9B-2%-9%
Free cash flow$4.2B—-15%

What changed

Revenue was $29.3B in Q3 2026, down 6% year over year and down 2% from the previous quarter.

Operating profit was $5.3B, a 18.2% margin (up 0.4 points year over year). Total costs fell 7% while revenue fell 6%. Net earnings were $3.4B, up 3% year over year ($3.4B including minority interests, which bore $0.09B of losses). The effective tax rate was 24.4%.

Operating cash flow was $7.9B (down 9% year over year), 235% of net income including minority interests. Non-cash charges added back $3.7B of depreciation and amortization and $0.35B of share-based compensation. Working capital and other items added $0.49B. After capital expenditures ($3.1B) and cash paid for capitalized software and other intangible assets ($0.63B), free cash flow as the company reports it was $4.2B.

Questions

What was Comcast's revenue in the third quarter 2026?

Comcast (CMCSA) reported revenue of $29.3B for the third quarter 2026 (Q3 2026), -6% from a year earlier and -2% from the quarter before.

Was Comcast profitable in the third quarter 2026?

Operating profit was $5.3B (18.2% of revenue) and net earnings $3.4B.

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Source: Comcast 10-Q on SEC EDGAR.