Comcast Q3 revenue falls 6.1% to $29.3 billion; adjusted EPS down 4.0% to $1.07
Comcast reported third-quarter 2026 results for the period ended September 30, 2026, with revenue down 6.1% year over year to $29.3 billion and Adjusted EBITDA down 5.8% to $9.1 billion. GAAP earnings per share rose 7.2% to $0.97, but Adjusted EPS fell 4.0% to $1.07 and free cash flow dropped 14.8% to $4.2 billion, so shareholders see weaker core profitability even as reported net income increased 3.5%.
Key points
- Revenue was $29,298 million versus $31,198 million a year earlier; on a pro forma basis, revenue rose 0.5%.
- Net income attributable to Comcast rose 3.5% to $3,448 million, and diluted EPS rose 7.2% to $0.97.
- Adjusted EPS fell 4.0% to $1.07, and Connectivity & Platforms Adjusted EBITDA declined 4.4% to $7.6 billion.
- Share repurchases remain suspended since the third quarter, and the pause is expected to continue through the proposed separation of the businesses; dividends paid totaled $1.2 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.