Comcast Q2 revenue falls 1.2% to $29.9 billion; net income drops to $3.5 billion
Comcast reported second-quarter 2026 revenue of $29.9 billion, down 1.2% from a year earlier, and net income attributable to Comcast of $3.5 billion, down from $11.1 billion. The prior-year profit included a $9.4 billion gain from the sale of its Hulu interest, and adjusted EPS fell 16.7% to $1.04. Shareholders also learned that Comcast paused its share repurchase program on June 29, 2026, while it separates NBCUniversal and Sky into independent companies.
Key points
- Revenue was $29.9 billion, down 1.2%; on a pro forma basis, revenue rose 4.7% to $29.6 billion.
- Adjusted EBITDA fell 13.4% to $8.9 billion; adjusted EPS fell 16.7% to $1.04 from $1.25.
- Free cash flow rose 2.3% to $4.6 billion, and the company returned $2.1 billion to shareholders, including $900 million in share repurchases.
- On June 29, 2026, Comcast paused its share repurchase program during the separation of NBCUniversal and Sky.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.