Bei Akademie registrieren
Comcast Corp., US20030N1019

Comcast stock: Peacock posts second profitable quarter at $261 million

Published on 11/10/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Peacock delivered a second consecutive profitable quarter as Comcast advanced its planned NBCUniversal and Sky separation. Broadband losses remain a key test.

Peacock profit changes Comcast's mix

  • Peacock delivered its second consecutive profitable quarter as Comcast advances its planned NBCUniversal and Sky separation.
  • Broadband and video customer losses continued to weigh on the connectivity business.
  • Investors must balance streaming progress against execution risks from the planned corporate separation.
Comcast Corp., US20030N1019, Illustration mit AI erstellt.
Comcast Corp., US20030N1019, Illustration mit AI erstellt.

Comcast reported stronger streaming economics alongside continued pressure in its connectivity business for the quarter ended September 30, 2026. In its third-quarter results release published on October 22, the company said Peacock delivered its second consecutive profitable quarter.

Peacock generated 261 million US dollars in adjusted EBITDA on 1.8 billion US dollars of revenue. Paid subscribers rose 17 percent year over year to 48 million, while the service benefited from higher average rates and increased distribution revenue. The quarter also included 224 million US dollars of incremental Media revenue from the FIFA World Cup.

Streaming gains meet broadband pressure

Content and Experiences revenue increased 6.5 percent to 10.537 billion US dollars, while adjusted EBITDA rose 29.3 percent to 1.8 billion US dollars. Media adjusted EBITDA reached 769 million US dollars, compared with 247 million US dollars a year earlier, with Peacock the main contributor to the improvement.

The wider group picture was less uniform. Comcast revenue declined 6.1 percent to 29.298 billion US dollars, and adjusted EBITDA fell 5.8 percent to 9.106 billion US dollars. Domestic broadband customer relationships declined by 144,000, while domestic video customers fell by 274,000. Domestic wireless lines increased by 368,000 during the quarter.

Comcast stock traded at 21.85 euros on Lang & Schwarz at 13:00 CET on Tuesday, November 10, 2026. The quote reflects the current European trading venue and is not presented with a daily comparison.

Separation remains the next execution test

Chief executives Brian L. Roberts and Mike Cavanagh said Comcast is making progress on the separation of NBCUniversal and Sky, which remains on track to create two independent companies. The company also said it generated 4.2 billion US dollars in free cash flow during the quarter and paid 1.2 billion US dollars in dividends.

For investors, Peacock's profitability provides a counterweight to the decline in broadband and video relationships. The streaming result is adjusted EBITDA rather than a GAAP operating profit measure, and Comcast notes that component-level adjusted EBITDA may not be directly comparable with similar measures used by other companies.

Comcast Corporation at a glance

  • Company: Comcast Corporation
  • ISIN: US20030N1019
  • Ticker: CMCSA
  • Primary listing: Nasdaq
  • Latest quarter: Three months ended September 30, 2026
  • Lang & Schwarz quote: 21.85 euros at 13:00 CET on November 10, 2026

The broader U.S. market is covered on the S&P 500 market page.

More news and analyses are available on the Comcast stock topic page.

Disclaimer...
en | US20030N1019 | COMCAST CORP. | boerse | 70485747 | bgmi