CMCSA · 8-K · 20261022PR066783
Theme Park Demand Softness
COMCAST CORP · 2026-10-22 · Importance 48 · Surprise 40 · From source text
Comcast cited near-term cyclical headwinds in Theme Parks while maintaining confidence in the business’s long-term growth potential. Third-quarter 2026 Theme Parks revenue decreased 4.4% to $2.597 billion, primarily due to lower park-admission revenue and increased promotional activity. Theme Parks Adjusted EBITDA declined 17.1% to $780 million as lower revenue and higher domestic-park operating costs more than offset lower international-park costs.
Key facts
- Theme Parks revenue decreased 4.4% to $2,597 million in 3Q26 and Theme Parks Adjusted EBITDA decreased 17.1% to $780 million source
- Theme Parks revenue decline was primarily due to lower park admissions, including impact of increased promotional activity source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -0.5% | Theme Parks revenue decreased 4.4% to $2,597 million in 3Q26 and Theme Parks Adjusted EBITDA decreased 17.1% to $780 million |
| revenue | negative | realized | -0.4% | Theme Parks revenue decreased 4.4% to $2,597 million in 3Q26 and Theme Parks Adjusted EBITDA decreased 17.1% to $780 million |