Comcast (CMCSA) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Comcast published the results on October 22, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Comcast reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Comcast completed the separation of Versant on January 2, 2026 and sold its Sky operations in Germany on May 31, 2026. Reported revenue fell 6.1%; on Comcast's pro forma basis, which removes both from the year-ago quarter, revenue rose 0.5% to $29,298 million from $29,151 million.
• The year-ago segment figures exclude Versant and Sky Germany and reflect segment changes Comcast made in Q1 2026, so they do not add up to the reported year-ago revenue of $31,198 million. Corporate & Other and eliminations are not shown.

Source: Comcast Q3 2026 earnings release, October 22, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Comcast splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Comcast's Connectivity & Platforms revenue was $19.7 billion in Q3 2026, down 3% from $20.2 billion in Q3 2025, 67% of total revenue.
• Comcast's Content & Experiences revenue was $10.5 billion in Q3 2026, up 6% from $9.9 billion in Q3 2025, 36% of total revenue.
• Comcast's Corporate and Other revenue was $341 million in Q3 2026, up 8% from $315 million in Q3 2025, 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Revenue and GAAP diluted EPS, each as first reported in that quarter's earnings release. Quarters before Q1 2026 include Versant, and quarters through Q2 2026 include Sky Germany for the time Comcast owned it.

Comcast's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 22, 2026

Comcast reports two businesses. Connectivity & Platforms, Xfinity, Comcast Business and Sky's broadband, wireless and video, brought in $19,663 million in Q3 2026, down 2.7%. Content & Experiences, which holds Media (NBC, Peacock, Telemundo), Studios and Theme Parks, brought in $10,537 million, up 6.5%. Total revenue was $29,298 million, down 6.1% as reported and up 0.5% on Comcast's pro forma basis after the Versant separation and the Sky Germany sale. (Comcast Q3 2026 earnings release, Oct 22, 2026; Comcast Form 10-K, 2025, Feb 3, 2026)

Residential Connectivity & Platforms revenue fell 3.5% to $17,018 million. Domestic broadband revenue was $6,241 million, down 4.7%, on lower average rates and fewer customers, and video revenue fell 8.7% to $5,910 million. Domestic wireless service revenue rose 14.7% to $1,050 million as Comcast added 368,000 lines and converted promotional free lines to paid service. Business Services Connectivity grew 2.7% to $2,645 million, led by enterprise solutions. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Media revenue rose 13.0% to $5,359 million, including $224 million of incremental revenue from the FIFA World Cup; excluding it, Media grew 8.3%. Peacock accounted for $1.8 billion of revenue and $261 million of Adjusted EBITDA, against $1.4 billion and a loss of $217 million a year earlier, on higher average rates and more paid subscribers. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Studios revenue was $2,967 million, down 1.1%: theatrical revenue rose 76.6% to $1,129 million on The Odyssey and Minions & Monsters, while content licensing fell 23.7% to $1,553 million on the timing of television studio deliveries. Theme Parks revenue fell 4.4% to $2,597 million on lower park admissions, including the impact of more promotional activity, and Theme Parks Adjusted EBITDA fell 17.1% to $780 million. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Comcast said in its 10-Q that the free wireless line it began offering broadband customers in 2025 is expected to improve retention but will negatively impact average domestic broadband revenue per customer, and that it expects continued declines in video revenue as domestic customers leave. (Comcast Form 10-Q, Q3 2026, Oct 22, 2026)

Comcast's GAAP diluted EPS was $0.97 in Q3 2026, up 7.2% from $0.90, while Adjusted EPS fell 4.0% to $1.07 from $1.12. Adjusted EPS excludes amortization of acquisition-related intangible assets, which was $402 million after tax or $0.11 a share this quarter against $0.17 a year earlier, plus investment gains and losses and transaction costs tied to the separations. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Diluted weighted-average shares were 3,562 million, against 3,689 million a year earlier. Comcast suspended its share repurchase program beginning in Q3 2026 and expects the pause to last through the separation of NBCUniversal and Sky; it paid $1.2 billion of dividends in the quarter. Interest expense fell to $962 million from $1,128 million. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Consolidated Adjusted EBITDA was $9,106 million, down 5.8% as reported and up 0.8% pro forma. Income tax expense was $1,084 million on pre-tax income of $4,446 million, about 24%. (Comcast Q3 2026 earnings release, Oct 22, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Comcast does not publish a revenue or EPS outlook in its earnings release. The 10-Q says the tax-free spin-off of NBCUniversal and Sky, covering Media, Studios, Theme Parks and the Sky businesses, is expected to be completed in mid-2027, and that Comcast expects to keep an ownership interest of up to 19.9% in the spin-off entities for up to one year afterward. (Comcast Q3 2026 earnings release, Oct 22, 2026; Comcast Form 10-Q, Q3 2026, Oct 22, 2026)

A consensus figure is the average of the models published by the analysts who cover Comcast, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Comcast's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning CMCSA is on is CMCSA a buy or a sell?, what analysts expect next is on the CMCSA forecast, and what the company does is on the Comcast (CMCSA) stock page.

Every number on this page can be traced to a document Comcast published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.