Comcast Q3: Record-Breaking ‘The Odyssey’, Profitable Peacock Fuel NBCU Spinoff Momentum
Comcast reported $29.3 billion in Q3 revenue, a 6.1% drop, with Peacock posting a $261 million profit and 'The Odyssey' pushing Universal past $5 billion at the global box office. Broadband losses widened to 144,000 users. The company is spinning off its media business into a separate publicly traded company. Comcast's Peacock streaming service and wireless lines reached 10.6 million, showing gains amid broadband declines.
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- ✓ Comcast's Q3 revenue was $29.3 billion, a 6.1% drop.
- ✓ Peacock posted a $261 million profit in Q3.
- ✓ Universal surpassed $5 billion at the global box office, led by 'The Odyssey'.
- ✓ Comcast lost 144,000 broadband users in Q3.
What changed
Comcast reported its Q3 2026 earnings, highlighting the success of Peacock and 'The Odyssey' as key factors in its financial performance.
Live updates
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Comcast Q3 boosted by Peacock profit, 'The Odyssey' success
Comcast reported $29.3 billion in Q3 revenue, a 6.1% drop, with Peacock posting a $261 million profit and 'The Odyssey' pushing Universal past $5 billion at the global box office. Broadband losses widened to 144,000 users. The company is spinning off its media business into a separate publicly traded company. Comcast's Peacock streaming service and wireless lines reached 10.6 million, showing gains amid broadband declines.
Why it matters
Comcast's Q3 results show a mixed performance, with media revenue offsetting weakness in connectivity. The company's Peacock streaming service has achieved two consecutive profitable quarters, and 'The Odyssey' has become Universal's highest-grossing film of all time. The planned separation of NBCUniversal and Sky into an independent public company is underway.
What is confirmed
- Comcast's Q3 revenue was $29.3 billion, a 6.1% drop.
- Peacock posted a $261 million profit in Q3.
- Universal surpassed $5 billion at the global box office, led by 'The Odyssey'.
- Comcast lost 144,000 broadband users in Q3.
- Peacock has achieved two consecutive profitable quarters.
- Comcast's wireless lines reached 10.6 million.
Still unconfirmed
- Comcast expects a fourth-quarter restructuring charge of more than $1 billion.
What to watch next
- Comcast's Q4 2026 earnings report
- The planned separation of NBCUniversal and Sky into an independent public company
- Peacock's subscriber growth and future profitability
confidence 85%Sources used for this update (17)
- Deadline — Comcast Q3: Record-Breaking ‘The Odyssey’, Profitable Peacock Fuel NBCU Spinoff Momentum
- CNBC — Comcast beats earnings expectations as media revenue offsets weakness in connectivity
- The Hollywood Reporter — Peacock’s Hot Streak: Two Quarters of Profit After Years Of Losses
- Yahoo Finance — Comcast and Spotify Earnings Preview: Who Wins the Fight for Your Monthly Subscription?
- Variety — Comcast Q3 Sees Continued Broadband Downturn, Despite Boosts From World Cup, Peacock
- deadline.com — Comcast Q3: 'The Odyssey’, Peacock Profits, NBCU Split Ahead
- finance.yahoo.com — Comcast Q3 Results Show Peacock and Wireless Gains Amid Widening Broadband Losses
- digg.com — Comcast reportedly records 6.1% Q3 revenue drop and Peacock's second straight profit · Digg
- www.cnbc.com — Comcast (CMCSA) earnings Q3 2026 - CNBC
- www.thewrap.com — Peacock Hits 2nd Quarterly Profit of $261 Million in Q3
- frnt.com — Comcast Posts Q3 Profit Growth Driven by Peacock and Box ...
- ishookdaily.com — Comcast Q3: 'The Odyssey' Pushes Universal Past $5 Billion as ...
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