Comcast Corporation (CMCSA) Earnings Call Transcripts

Comcast Corporation's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Comcast Corporation (CMCSA) reported a revenue increase of 5% year-over-year, driven by strong performance in its media segment, particularly Peacock, which reached profitability for the first time. Adjusted earnings per share (EPS) were $1.04, reflecting a decline in adjusted EBITDA by 5% due to ongoing investments in broadband and wireless strategies. Management maintained a positive outlook, indicating modest improvements expected in the third quarter as free wireless lines convert to paid relationships.

Reported metrics

Guidance from management

Management expects modest improvements in broadband and wireless performance in the third quarter as free wireless lines convert to paid relationships, and they are focused on maintaining strong investment-grade profiles for both new companies post-separation.

What management said

Thank you, operator, and welcome, everyone. Joining us on today's call are Brian Roberts, Mike Cavanagh, Jason Armstrong and Steve Croney. I will now refer you to Slide 2 of the presentation accompanying this call, which can also be found on our Investor Relations website. and which contains our safe harbor disclaimer. This conference call may include forward-looking statements subject to certain risks and uncertaint...

We got a bunch on satellite and specifically Starlink. So there's a 2-parter. The first from Craig Moffett at MoffettNathanson. There is a robust debate as to whether StarLink Broadband is purely a rural solution or whether it's fixed wireless 2.0, how do you see it? And then the second part comes from [indiscernible] at New Street. There's been a lot of chatter around Starlink exploring potential partnerships with b...

What analysts pressed on

Analysts expressed concerns regarding the competitive dynamics in the broadband market and the potential impact of economic conditions on parks attendance. There was also discussion around the sustainability of Peacock's profitability amidst seasonal fluctuations.

Main topics on the call

• Separation Announcement — Management expressed strong optimism about the separation of Comcast into two independent companies, stating, "the reaction has been overwhelmingly positive" and highlighting the focus and agility this will provide in ra...
• Wireless Growth — Comcast achieved record wireless net additions of 448,000 lines in the quarter, with management noting, "we just had our best quarter ever," indicating strong traction in converting free lines to paid relationships.
• Peacock Profitability — Peacock reached profitability for the first time, generating $189 million of EBITDA. Management stated, "we think we are achieving the scale and the service that we'd hope to be," indicating confidence in the streaming s...
• Broadband Strategy — Comcast's broadband subscriber losses improved year-over-year, with management indicating, "we expect modest improvements starting in the third quarter" as they lap initial investments in customer experience and pricing ...

Read the full Comcast Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 80 Comcast Corporation earnings call transcripts on record, spanning January 16, 2020 to July 23, 2026. Based on this history, Comcast Corporation reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CMCSA

Exchange

NasdaqGS

Country

US

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

80

First call

January 16, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly