CMCSA · Earnings call · 2026Q3T · Full report

Revenue Performance and Mix

COMCAST CORP · 2026-10-22 · Importance 47 · Surprise 22

On a pro forma basis, third-quarter consolidated revenue was flat year over year, while adjusted EBITDA increased approximately 1%; adjusted EPS was $1.07. Connectivity & Platforms revenue declined 2.6%, while media revenue increased 13% and Studios revenue declined 1%. Theme parks revenue fell 4%, with pressure in Orlando and Japan. Business services revenue increased 2.7%, and enterprise solutions remained its primary growth driver.

Key facts

• NBC and Peacock reach more than 100 million U.S. households each quarter.
• On a pro forma basis, third-quarter revenue was flat and adjusted EBITDA increased approximately 1%.
• Third-quarter convergence revenue declined 2% and convergence ARPA declined 0.5%, partly offset by nearly 15% growth in wireless service revenue.