Comcast Corporation, founded in 1963, is a diversified telecommunications and media conglomerate known for its Xfinity cable and broadband services along with NBCUniversal content offerings. It operates with a robust business model driven by subscription services, advertising, and bundled media solutions. Under the leadership of CEO Brian L. Roberts, Comcast maintains the largest cable subscriber base in the U.S. and continues to invest in broadband expansion and streaming technologies. These strategic efforts aim to reinforce its market dominance amid evolving digital consumer demands.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
123,707,000
123,731,000
121,572,000
121,427,000
Cost of Sales
34,951,000
37,026,000
36,762,000
38,213,000
Gross Profit
88,756,000
86,705,000
84,810,000
83,214,000
Selling, General & Administrative Expenses
51,875,000
48,606,000
47,161,000
46,769,000
Depreciation & Amortization Expenses
16,211,000
14,801,000
14,336,000
13,821,000
Other Operating Expenses
—
—
—
8,583,000
Operating Profit
20,672,000
23,297,000
23,314,000
14,041,000
Interest Expense
(4,409,000)
(4,134,000)
(4,087,000)
(3,896,000)
Total Non-Operating Income
(4,409,000)
(4,134,000)
(4,087,000)
(3,896,000)
Income Before Provision for Income Taxes
25,766,000
18,673,000
20,478,000
9,284,000
Provision for Income Taxes
6,106,000
2,796,000
5,371,000
4,359,000
Consolidated Net Income
19,660,000
15,877,000
15,107,000
4,925,000
Net Income Attributable to Minority Interests and Other
(338,000)
(315,000)
(282,000)
(445,000)
Net Income Attributable to Common Shareholders
19,998,000
16,192,000
15,388,000
5,370,000
Basic EPS
5.41
4.17
3.73
1.22
Diluted EPS
5.39
4.14
3.71
1.21
Basic Weighted Average Shares Outstanding
3,699,000
3,885,000
4,122,000
4,406,000
Diluted Weighted Average Shares Outstanding
3,709,000
3,908,000
4,148,000
4,430,000
Shares Outstanding
3,604,210
3,787,750
3,978,760
4,220,120
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
9,481,000
7,322,000
6,215,000
4,749,000
Total Cash and Cash Equivalents
9,481,000
7,322,000
6,215,000
4,749,000
Accounts Receivable
13,869,000
13,661,000
13,813,000
12,672,000
Total Trade Receivables
13,869,000
13,661,000
13,813,000
12,672,000
Other Current Assets
6,217,000
5,817,000
3,959,000
4,406,000
Total Current Assets
29,567,000
26,801,000
23,987,000
21,826,000
Net Property, Plant & Equipment
65,680,000
62,548,000
59,686,000
55,485,000
Net Intangible Assets
81,839,000
84,964,000
87,232,000
88,673,000
Goodwill
61,502,000
58,209,000
59,268,000
58,494,000
Long-Term Investments
7,952,000
8,647,000
9,385,000
7,740,000
Other Long-Term Assets
26,091,000
25,042,000
25,253,000
25,057,000
Total Assets
272,631,000
266,211,000
264,811,000
257,275,000
Accounts Payable
11,058,000
11,321,000
12,437,000
12,544,000
Accrued Expenses
12,410,000
10,679,000
13,284,000
11,220,000
Current Portion of Long-Term Debt
5,958,000
4,907,000
2,069,000
1,743,000
Unearned Revenue
4,097,000
3,507,000
3,242,000
2,380,000
Other Current Liabilities
—
9,167,000
9,167,000
—
Total Current Liabilities
33,524,000
39,581,000
40,198,000
27,887,000
Long-Term Debt
92,979,000
94,186,000
95,021,000
98,240,000
Other Long-Term Liabilities
48,753,000
46,169,000
46,125,000
49,109,000
Total Long-Term Liabilities
141,732,000
140,355,000
141,146,000
147,349,000
Total Liabilities
175,256,000
179,936,000
181,344,000
175,236,000
Common Stock
45,000
47,000
48,000
51,000
Treasury Stock
(7,517,000)
(7,517,000)
(7,517,000)
(7,517,000)
Additional Paid-in Capital
37,709,000
38,102,000
38,533,000
39,412,000
Accumulated Other Comprehensive Income
(8,000)
(2,043,000)
(1,253,000)
(2,611,000)
Retained Earnings
66,675,000
56,972,000
52,892,000
51,609,000
Total Common Shareholders' Equity
96,903,000
85,560,000
82,703,000
80,943,000
Minority Interests and Other
473,000
714,000
764,000
1,095,000
Total Shareholders' Equity
97,375,000
86,275,000
83,467,000
82,038,000
Total Liabilities and Shareholders' Equity
272,631,000
266,211,000
264,811,000
257,275,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
19,660,000
15,877,000
15,107,000
4,925,000
Depreciation & Amortization
16,210,000
14,802,000
14,336,000
13,821,000
Share-Based Compensation Expense
1,288,000
1,288,000
1,241,000
1,336,000
Other Adjustments
(5,691,000)
650,000
(3,191,000)
9,235,000
Changes in Trade Receivables
(135,000)
136,000
(996,000)
(1,327,000)
Changes in Inventories
338,000
290,000
(260,000)
(451,000)
Changes in Accounts Payable
(20,000)
(758,000)
(520,000)
497,000
Changes in Other Operating Activities
1,994,000
(4,611,000)
2,784,000
(1,623,000)
Cash from Operating Activities
33,643,000
27,673,000
28,501,000
26,413,000
Capital Expenditure
(11,761,000)
(12,297,000)
(12,379,000)
(10,956,000)
Purchases of Intangible Assets
(2,658,000)
(2,949,000)
(3,298,000)
(3,141,000)
Purchases of Investments
(1,302,000)
(1,082,000)
(1,313,000)
(2,274,000)
Proceeds from Sale of Investments
670,000
771,000
9,271,000
1,985,000
Payments for Business Acquisitions
(1,306,000)
(119,000)
—
—
Other Investing Activities
199,000
6,000
558,000
246,000
Cash from Investing Activities
(16,157,000)
(15,670,000)
(7,161,000)
(14,140,000)
Issuance of Long-Term Debt
3,494,000
6,268,000
6,052,000
2,745,000
Repayments of Long-Term Debt
(5,740,000)
(3,573,000)
(9,190,000)
(2,307,000)
Net Issuance / (Repayments) of Long-Term Debt
(2,246,000)
2,695,000
(3,138,000)
438,000
Repurchases of Common Shares
(7,155,000)
(9,103,000)
(11,291,000)
(13,328,000)
Net Issuance / (Repurchases) of Common Shares
(7,155,000)
(9,103,000)
(11,291,000)
(13,328,000)
Common Share Dividends Paid
(4,894,000)
(4,814,000)
(4,766,000)
(4,741,000)
Other Financing Activities
(50,000)
339,000
(655,000)
1,446,000
Cash from Financing Activities
(14,346,000)
(10,883,000)
(19,850,000)
(16,184,000)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
42,000
(26,000)
9,000
(86,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash