Comcast Corporation · NASDAQ:CMCSA

Comcast — Q1 2026 Earnings Presentation

10 slides from Comcast's earnings presentation, Apr 23, 2026

  1. Slide 1: 1st Quarter 2026 Results

    1 Quarter st 2026 Results April 23, 2026

  2. Slide 2: Important Information

    IMPORTANT INFORMATION Caution Concerning Forward-looking Statements This presentation includes statements that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Sec

  3. Slide 3: Consolidated 1Q 2026 Financial Results

    Consolidated 1Q 2026 Financial Results ($ in billions, except per share data) [Pro Forma] Revenue* [Pro Forma] Adj. EBITDA* Adj. EPS** +10.9 % (8.8%) (27.5%) $31.5 $8.7 $1.09 $7.9 $28.4 $0.79 1Q25 1Q26 1Q25 1Q26 1Q25 1Q26 Free Cash Flow Generation of $3.9 Billion; Return of Capital to Shareholders o

  4. Slide 4: Connectivity & Platforms

    1Q 2026 1Q 2026 Revenue Adj. EBITDA Commentary Connectivity ($M) y/y % y/y % & Platforms • Revenue and Adj. EBITDA reflect the investment in our new go- Revenue ($B) to-market strategy $20.2 $20.0 • Residential connectivity revenue was consistent, with domestic wireless equipment revenue +53%, domes

  5. Slide 5: Content & Experiences

    1Q 2026 1Q 2026 Revenue Adj. EBITDA Commentary Content & ($M) y/y % y/y % Experiences Revenue ($B) $2,331 $551 • Theme Parks successful performance fueled by the strength of Theme Parks +24.2% +33.3% Epic Universe $11.9 $8.5 +39.7% • Media revenue +13% excluding $2.2B of incremental revenue from the

  6. Slide 6: Free Cash Flow & Capital Allocation Framework

    Free Cash Flow & Capital Allocation Framework • Invest organically for growth Capital Allocation • Protect our strong balance sheet position; maintain strong investment grade credit ratings • Return capital to shareholders Consolidated Capital ($B)* Balance Sheet Statistics Return of Capital Total r

  7. Slide 7: Appendix

    RAYA COMCAST APPENDIX

  8. Slide 8: Free Cash Flow Generation

    Free Cash Flow Generation Net Cash Provided by Operating Activities to Free Cash Flow Walk 1Q 2026 ($B) Cash paid for Net cash provided by Capital capitalized software Free Cash Flow operating activities expenditures and intangible assets $6.9 ($2.4) $3.9 ($0.6) 8 See Notes on Slide 9

  9. Slide 9: Notes

    NOTES Numerical information is presented on a rounded basis using actual amounts, unless otherwise noted. The change in Peacock paid subscribers is calculated using rounded paid subscriber amounts. Minor differences in totals and percentage calculations may exist due to rounding. We define Adjusted

  10. Slide 10: Comcast

    Se COMCAST

Comcast — Q1 2026 Earnings Presentation on 6ix