CMCSA · News · 20261022N
Operating Income and Margins
COMCAST CORP · 2026-10-22 · Importance 31 · Surprise 32 · In source text
Third-quarter adjusted EBITDA declined 5.8% year over year to $9.11 billion. Adjusted EBITDA margin was 31.1%, while operating margin increased to 18.2% from 16.8% in the year-ago quarter. The margin improvement occurred despite a 6.1% consolidated revenue decline, supported by Peacock profitability and stronger media performance. Peacock delivered its second consecutive profitable quarter, helping offset broadband and theme-park pressures.
Key facts
- Comcast reported third-quarter net income of $3.45 billion. source
- Comcast's adjusted EBITDA for Q3 2026 was $9.11 billion, representing a 31.1% margin. source
- Comcast reported third-quarter net income of 97 cents per share on a per-share basis. source
- Comcast's adjusted earnings per share for Q3 2026 were $1.07. source
- Comcast's operating margin in Q3 2026 was 18.2%, up from 16.8% in the same quarter last year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Comcast reported third-quarter net income of $3.45 billion. |
| margin | positive | realized | — | Comcast's adjusted EBITDA for Q3 2026 was $9.11 billion, representing a 31.1% margin. |