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Comcast (CMCSA) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, Comcast (CMCSA - Free Report) reported revenue of $29.94 billion, down 1.2% over the same period last year. EPS came in at $1.04, compared to $1.25 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $29.18 billion, representing a surprise of +2.62%. The company delivered an EPS surprise of +7.22%, with the consensus EPS estimate being $0.97.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Comcast performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Additions / (Losses) - Total Domestic Wireless Lines: 448 thousand versus the four-analyst average estimate of 401.29 thousand.
  • Total Domestic Wireless Lines: 10.19 million compared to the 10.14 million average estimate based on four analysts.
  • Total Domestic Video Customers: 10.67 million versus the four-analyst average estimate of 10.67 million.
  • Net Additions / (Losses) - Total Domestic Broadband Residential Customers: -167 thousand versus the four-analyst average estimate of -161.46 thousand.
  • Revenue- Connectivity & Platforms- Total: $19.8 billion versus $19.72 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.
  • Revenue- Content & Experiences- Total: $10.73 billion versus the six-analyst average estimate of $9.8 billion. The reported number represents a year-over-year change of +1%.
  • Revenue- Residential Connectivity & Platforms- Other: $1.13 billion compared to the $1.13 billion average estimate based on five analysts. The reported number represents a change of -6.6% year over year.
  • Revenue- Residential Connectivity & Platforms- Video: $6.09 billion versus $6.13 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -9.4% change.
  • Revenue- Content & Experiences- Media: $5.69 billion versus the five-analyst average estimate of $5.42 billion. The reported number represents a year-over-year change of -11.6%.
  • Revenue- Content & Experiences- Studios: $3.04 billion versus $2.64 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +25% change.
  • Revenue- Content & Experiences- Theme Parks: $2.41 billion compared to the $2.47 billion average estimate based on five analysts. The reported number represents a change of +2.7% year over year.
  • Revenue- Residential Connectivity & Platforms- Residential Connectivity- Domestic convergence- Domestic broadband: $6.28 billion versus the five-analyst average estimate of $6.25 billion. The reported number represents a year-over-year change of -3.8%.

View all Key Company Metrics for Comcast here>>>

Shares of Comcast have returned +3.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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