Comcast Corporation · NASDAQ:CMCSA

Comcast — Q3 2025 Earnings Presentation

14 slides from Comcast's earnings presentation, Oct 30, 2025

  1. Slide 1: Comcast 3rd Quarter 2025 Results

    Mb COMCAST 3'¢ Quarter 2025 Results ctober 30, 2025

  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 3Q 2025 Financial Results

    Consolidated 3Q 2025 Financial Results ($ in billions, except per share data) Revenue Adj. EBITDA Adj. EPS (2.7%)* (0.7%) -% 218 canes $9.7 $07 $1.12 $1.12 *"+~3% excluding incremental revenue from the Paris Olympics 3Q24 3Q25 3Q24 3Q25 3Q24 3Q25 Free Cash Flow Generation of $4.9 Billion; Return of

  4. Slide 4: Connectivity & Platforms

    3Q 2025 3Q 2025 aVi Revenue Adj.EBITDA Commenta Connectivity : 7 ($M) wy% wy % & Platforms Re B + Residential Connectivity revenue +3%, with domestic wireless evenue ($B) revenue +14%, international connectivity revenue +7% and flat $20.3 $20.2 domestic broadband revenue Residential + Convergence re

  5. Slide 5: Content & Experiences

    Content & Experiences Revenue ($B) $12.6 $11.7 3Q24 3Q25 Adj. EBITDA ($B) $2.0 sch 48.4% 3Q24 3Q25 5 Allpercentages represent year/year grovith rates. ‘See Notes on Slide 9 ($M) Theme Parks Studios Media 3Q 2025 Revenue $6,589 (19.9%) 3Q 2025 Adj. EBITDA $365 (21.9%) $832 +28.0% Commentary + Theme P

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

    Free Cash Flow & Capital Allocation Framework a = + Fuel revenue growth through organic investment Ca pital Al | ocation * Protect our strong balance sheet position; maintain strong investment grade credit ratings + Return capital to shareholders Consolidated Capital ($B)* | Balance Sheet Statistics

  7. Slide 7: Appendix

    sh COMCAST APPENDIX

  8. Slide 8: Free Cash Flow Generation

    Free Cash Flow Generation Adjusted EBITDA to Free Cash Flow Walk 3Q 2025 ($B) 2 . Changes in Noncash share- s Capital Software & Cash interest i i Adjusted EBITDA expenditures intangibles expense Cash taxes ay: ee peed OSes Free Cash Flow $9.7 1) 0.7, = ha so4 549 ($0.9) EE es as ($0.3) (80.2) 8 See

  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: 3Q 2025 in Photos

    3Q 2025 IN PHOTOS EW COMCAST

  11. Slide 11: Connectivity & Platforms: Delivering the Most Advanced Connectivity

    Connectivity & Platforms: , a 7 = f a 2 e 0 FS f\ - li | = Oy ee Delivering the Most Advanced Connectivity. Comcast is constantly innovating to meet increasing demand for speed and capacity, with advancements like the XB10, our most powerful gateway supporting multi-gig symmetrical speeds and up to

  12. Slide 12: Connectivity & Platforms: Accelerating Wireless Momentum

    Connectivity & Platforms: Accelerating Wireless Momentum. Xfinity Mobile just achieved its best quarter ever, adding 414K lines and reaching more than 14% of our residential broadband base. With 90 percent of mobile traffic traveling over WiFi, Xfinity Mobile is designed for how people connect today

  13. Slide 13: Content & Experiences: Driving Value With Our Live Sports Portfolio

    eNnNBC | peacock Content & Experiences: Driving Value With Our Live Sports Portfolio. NBCUniversal continues to deliver the biggest moments in sports, with the NBA returning to NBC for the first time in more than two decades — and making its Peacock debut last week. NBCUniversal also announced the u

  14. Slide 14: Content & Experiences: Growing at Parks With New Experiences

    Content & Experiences: Growing at Parks With New Experiences. Six months into the successful opening of Epic Universe, the parks business continues to deliver strong returns. Universal Destinations & Experiences is expanding its portfolio with new and original concepts across the U.S. and around the

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