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How Comcast (CMCSA) makes money
Comcast (CMCSA) made $29.3B of revenue in the third quarter 2026 (Q3 2026), -6% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $29.3B | 100.0% |
| Operating profit | $5.3B | 18.2% |
| Income tax | $1.1B | 3.7% |
| Net earnings | $3.4B | 11.8% |
| Operating cash flow | $7.9B | 27.0% |
| Free cash flow | $4.2B | 14.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $29.3B | -6% |
| Q2 2026 | $29.9B | -1% |
| Q1 2026 | $31.5B | +5% |
| Q4 2025 | $32.3B | +1% |
| Q3 2025 | $31.2B | -3% |
| Q2 2025 | $30.3B | +2% |
| Q1 2025 | $29.9B | -0.6% |
From Comcast's 10-Q filed Oct 22, 2026 (on EDGAR).
Questions
How does Comcast make money?
Comcast (CMCSA) made $29.3B of revenue in the third quarter 2026 (Q3 2026), -6% from a year earlier. Of every dollar of revenue, 18¢ was left as operating profit, 12¢ was left as net earnings.
What is Comcast's profit margin?
Net earnings were $3.4B, 11.8% of revenue, in the third quarter 2026; the operating margin was 18.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.