Comcast posts mixed Q3 2026 results as broadband losses deepen and Peacock turns profitable
Comcast reported third‑quarter 2026 revenue of $29.3 billion, with adjusted earnings per share of $1.07. Broadband subscriber losses of 144,000 weighed on connectivity revenue, while Peacock delivered a second consecutive profitable quarter and Universal’s film “The Odyssey” approached $1.8 billion worldwide. The company reaffirmed its plan to spin off NBCUniversal and Sky by mid‑2027, accompanied by a restructuring charge exceeding $1 billion.
Why it matters
The revenue decline and broadband churn pressure earnings, but the profitability of Peacock and the record‑breaking box‑office performance provide offsetting cash flow and support the upcoming NBCUniversal/Sky separation, which could unlock value for shareholders. The announced restructuring charge signals near‑term expense headwinds before the split is completed.
Key facts
- 1Q3 2026 revenue was $29.3 billion. tradingview.com
- 2Adjusted earnings per share were $1.07. tradingview.com
- 3Adjusted EBITDA was $9.11 billion. finance.yahoo.com
- 4Broadband subscriber loss totaled 144,000. investing.com
- 5Peacock generated $261 million of adjusted EBITDA, marking a second consecutive profitable quarter. thewrap.com
- 6Universal’s film “The Odyssey” grossed nearly $1.8 billion worldwide. stocktitan.net
Summary written by AlphAI AI Desk from 20 of 37 sources. Not investment advice. Figures are as stated by the linked sources.