Comcast Corp

Company facts

Industry

Cable & Other Pay Television Services

Headquarters

Philadelphia, Pennsylvania

Most recent report

10-Q, filed Jul 23, 2026

Incorporated

Pennsylvania

Filings on record

1,002+ filings

On EDGAR

CIK 1166691

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 4 of 10 sections worth reading, with 2 positive, 6 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Full financials with spin-off, sale, and segment shifts.
  Notable

  • NBCUniversal spin-off announced, expected mid-2027; Comcast to keep ≤19.9% stake.

• Management's Discussion (Item 2)

  Core MD&A with detailed segment results, customer trends, and major strategic moves (spin-off, ITV deal).
  Positive

  • Peacock paid subscribers grew to 48M from 41M a year earlier, a 17% increase. Q2 2026.
  • Debt reduced by $8.5B from end-2025 to $90.4B, including early purchase of $4.1B senior notes due 2027-2029.
  Notable

  • Media revenue up 25.3% (or 15.6% excluding Olympics/Super Bowl/World Cup); Peacock revenue reached $1.9B in Q2.
  • ITV Media & Entertainment acquisition agreed in July 2026 for up to £1.6 billion (cash + non-cash).
  • NBCUniversal/Sky tax-free spin-off announced June 2026, expected mid-2027; share buyback suspended Q3 2026.

• Risk Factors (Item 1A)

  New risk factor: tax-free spin-off of NBCUniversal and Sky with specific delay, tax, and market risks.
  Notable

  • Spin-off announced June 2026, subject to conditions; may not achieve intended benefits or be tax-free.
  Negative

  • If spin-off fails or is delayed, Comcast may not realize expected benefits; tax failure could cause substantial liabilities.

• Unregistered Sales and Repurchases (Item 2)

  Buyback pace slowed sharply and program suspended; key capital allocation shift.
  Notable

  • Buyback halted from Q3 2026 onward ahead of the NBCUniversal Spin-off, a strategic capital allocation change.

What changed: Jun 2026 vs. Mar 2026

About 9% of CMCSA's Jun 2026 10-Q is new information. 26 paragraphs were added, 144 changed, and 21 removed. Below are the most important lines SECSift identified.

• Item 2 91
• Item 1 26
• Item 1A 2