Comcast Corporation is a Publicly Owned company headquartered in the US. Founded in 1963, it employs approximately 76,010 individuals and reported $123.7B in revenue as of 2025. The company's main product is telecoms. Functioning as a multinational media and telecommunications company, it possesses significant US cable assets, media, and media technology holdings.
On July 24, 2026, Comcast reported its Q2 CY2026 results, with sales increasing 2.7% year-on-year to $29.57 billion, surpassing Wall Street's revenue expectations. The company also recorded a non-GAAP profit of $1.04 per share, which exceeded analysts' consensus estimates by 7.6%. In its Q2 report, Connectivity & Platforms revenue declined 3% to $19.7 billion, and Adjusted EBITDA decreased 5.7%. This decline reflected lower domestic broadband and video revenue along with continued residential customer losses, though partially offset by growth in Business Services Connectivity. Concurrently, its streaming service, Peacock, achieved record subscriber numbers, partly attributed to its airing of the World Cup.
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