The earnings call highlighted strong growth in wireless and theme parks, alongside record free cash flow, indicating positive momentum in certain segments. However, these were balanced by challenges in the Connectivity & Platforms segment, broadband subscriber decline, and ARPU pressure, creating a mixed outlook.
Company Guidance
During Comcast's Third Quarter Earnings Conference Call for fiscal year 2025, several key metrics were highlighted. The company reported a 3% year-over-year decline in total revenue, primarily due to the comparison with the previous year's Paris Olympics. Excluding this impact, revenue increased by nearly 3%, driven by strong performances in theme parks and domestic wireless, which grew by 20% and 14%, respectively. Free cash flow saw a significant increase of 45% to $4.9 billion, allowing Comcast to return $2.8 billion to shareholders, including $1.5 billion in share repurchases and $1.2 billion in dividends. The Connectivity & Platforms segment experienced a 3.7% decline in EBITDA, attributed to investments in pricing, product, and customer experience improvements, with expectations of continued EBITDA pressure in the coming quarters. Comcast's wireless penetration reached over 14% of its broadband base, adding over 400,000 lines in the quarter. Despite challenges in the broadband market, Comcast's strategic initiatives, including the rollout of new pricing models and the introduction of advanced gateways, aim to position the company for future growth. The company also emphasized its robust sports portfolio, with live sports driving strong viewership and advertising performance across both broadcast and streaming platforms.
Strong Wireless Growth
Wireless net additions hit a new record at 414,000, with nearly half of residential postpaid phone connects coming from customers taking a free line. Wireless penetration of the broadband base surpassed 14%.
Improved Video Performance
Video performance improved with subscriber losses down more than 100,000 year-over-year, marking the best result in nearly five years.
Theme Parks and Studios Growth
Theme parks revenue grew nearly 20%, and studios saw strong theatrical results with the success of 'Jurassic World Rebirth' grossing nearly $900 million worldwide.
Record Free Cash Flow
Free cash flow increased 45% to $4.9 billion, driven by cash tax benefits and favorable working capital timing.
Comcast (CMCSA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CMCSA Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$28.53
$27.32
-4.24%
Jul 31, 2025
$32.16
$32.88
+2.24%
Apr 24, 2025
$33.80
$32.54
-3.73%
Jan 30, 2025
$36.30
$32.31
-10.99%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Comcast (CMCSA) report earnings?
Comcast (CMCSA) is schdueled to report earning on Jan 22, 2026, Before Open (Confirmed).
What is Comcast (CMCSA) earnings time?
Comcast (CMCSA) earnings time is at Jan 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.