Comcast Corp., US20030N1019

Comcast stock: Peacock reaches second profitable quarter

Published on 11/10/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Comcast stock is tied to Peacock's improving profitability and the planned NBCUniversal and Sky separation. Broadband losses remain a key test.

Streaming gains face connectivity pressure

Peacock delivered adjusted EBITDA of 261 million US dollars on 1.8 billion US dollars of revenue.
Paid subscribers rose 17 percent year over year to 48 million.
Broadband customer relationships declined while the NBCUniversal and Sky separation remained on track.

Comcast Corp., US20030N1019, Illustration mit AI erstellt.

Peacock delivered a second consecutive profitable quarter as Comcast advanced its planned NBCUniversal and Sky separation, according to AD HOC NEWS. The figures refer to the quarter ended September 30, 2026, and were reported in Comcast's third-quarter results release published on October 22.

Peacock strengthens the media case

Peacock generated 261 million US dollars of adjusted EBITDA on 1.8 billion US dollars of revenue. Paid subscribers rose 17 percent year over year to 48 million, supported by higher average rates and increased distribution revenue.

Content and Experiences revenue increased 6.5 percent to 10.537 billion US dollars, while adjusted EBITDA rose 29.3 percent to 1.8 billion US dollars. Media adjusted EBITDA reached 769 million US dollars, compared with 247 million US dollars a year earlier, with Peacock the main contributor to the improvement.

Connectivity remains the counterweight

The wider group picture was less uniform. Comcast revenue declined 6.1 percent to 29.298 billion US dollars and adjusted EBITDA fell 5.8 percent to 9.106 billion US dollars. Domestic broadband customer relationships declined by 144,000, while domestic video customers fell by 274,000. Domestic wireless lines increased by 368,000.

Peacock's result is adjusted EBITDA rather than GAAP operating profit. Comcast's component-level adjusted EBITDA may not be directly comparable with similar measures used by other companies.

Comcast stock traded at 21.81 euros on Lang & Schwarz at 16:34 CET on Tuesday, November 10, 2026.