Comcast said consolidated revenue for the 3 months ended September 30, 2025 decreased compared to the same period in the prior year, primarily due to a decrease in the Content & Experiences business, partially offset by an increase in Corporate and Other. Consolidated revenue for the 9 months remained consistent compared to the same period in the prior year.

1. 01

   Comcast said consolidated revenue for the 3 months ended September 30, 2025 decreased compared to the same period in the prior year, primarily due to a decrease in the Content & Experiences business, partially offset by an increase in Corporate and Other. Consolidated revenue for the 9 months remained consistent compared to the same period in the prior year.

2. 02

   The company cited a $9.4 billion gain from the sale of its interest in Hulu as the primary driver of the change in other income (loss), net for the 9 months ended in 2025. Consolidated interest expense increased for both the 3 and 9 months ended, which the company attributed to decreases in capitalized interest driven by the opening of Epic Universe, increases in average debt outstanding and higher weighted-average interest rates.

3. 03

   Comcast said Media segment total revenue included $1.4 billion related to Peacock for the 3 months and $3.8 billion for the 9 months, while total costs and expenses included $1.6 billion for the 3 months and $4.4 billion for the 9 months. Peacock paid subscribers increased to 41 million as of September 30, 2025 from 36 million as of the same date in 2024.

4. 04

   The company said the available amount under its revolving credit facility as of September 30, 2025 was $11.8 billion after deducting commercial paper and letters of credit and bank guarantees. It also explained that legislation signed on July 4, 2025 reduces income tax payments beginning in Q3 2025 and allows immediate deduction of 100% of the cost of qualified assets.

Key figures

Quarter ended September 30, 2025

Revenue

$31.2B

Operating income

$5.5B

Net income

$3.3B

EPS

$0.90

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.