Comcast Corp. (CMCSA) Earnings Analysis

Comcast Corp. (CMCSA) beat expectations in Q2 FY2026 on revenue of $29.9B versus the $29.2B estimate (-1.2% YoY) and EPS of $1.04. The next Comcast Corp. (CMCSA) earnings date is Oct 29, 2026. Below is the full Comcast Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Comcast Corp. (CMCSA) Earnings Analysis — key stats

Next earnings dateOct 29, 2026
Latest reported quarterQ2 FY2026
Earnings verdictBeat
EPS beat rate8 of last 8 (quarters above estimate)
Avg next-day move±4.2% (over the last 8 reports)
Post-earnings directionUp 3 / Down 5 (of the last 8 reports)
Implied move (next report)±20.0% (options-derived · into Oct 29, 2026)
Institutional ownership75.9% (13F as of 2026-06-30)
Top 10 holders43.1% (of shares outstanding)
Insider activity8 buys / 4 sells (recent Form 4 filings)
Revenue$29.9B (vs $29.2B est · +2.4% surprise · -1.2% YoY)
EPS$1.04 (vs $0.97 est · +7.2% surprise · -66.9% YoY)
Share price$26.18 (+0.0%)
Market cap$92.9B

Comcast Corp. (CMCSA) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$29.9B vs $29.2B est$1.04 vs $0.97 est+7.2%-5.2%Beat
Q2 FY2026$31.5B vs $30.4B est$0.79 vs $0.72 est+9.0%-6.2%Beat
Q1 FY2026$32.3B vs $32.3B est$0.84 vs $0.73 est+15.2%+4.7%Mixed
Q4 FY2025$31.2B vs $30.7B est$1.12 vs $1.03 est+8.7%-2.4%Mixed
Q3 FY2025$30.3B vs $29.8B est$1.25 vs $1.16 est+7.8%+0.1%Mixed
Q2 FY2025$29.9B vs $29.8B est$1.09 vs $0.99 est+10.4%-1.7%Mixed
Q1 FY2025$31.9B vs $31.6B est$0.96 vs $0.86 est+11.4%-9.9%Mixed
Q4 FY2024$32.1B vs $31.8B est$1.12 vs $1.06 est+5.7%+3.1%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.8.7%313.2M$7.7B-0.6%
Vanguard Capital Management LLC6.4%232.6M$5.7B-0.2%
State Street Corp5.4%195.1M$4.8B+6.7%
Charles Schwab Investment Management INC3.7%133.1M$3.3B+9.5%
Sixth Street Partners Management Company, L.P.3.7%133.1M$3.3B+100.0%
Invesco Ltd.3.5%125.1M$3.1B+66.1%
Capital Research Global Investors3.2%116.1M$2.9B+29.6%
Dodge & Cox3.2%115.9M$2.8B+2.5%
Capital World Investors2.9%104.6M$2.6B-42.6%
Geode Capital Management, LLC2.5%89.5M$2.2B+1.6%

Recent insider transactions

InsiderRoleDateTypeSharesValue
ROBERTS BRIAN Ldirector, officer: Chairman of Board & Co-CEO2026-08-05Sell204K
Smith Gordondirector2026-06-30Buy1K
Honickman Jeffrey Adirector2026-06-30Buy2K
BREEN EDWARD Ddirector2026-06-30Buy815
Brady Louise F.director2026-06-30Buy1K
Baltimore Thomas J Jrdirector2026-06-30Buy1K
ROBERTS BRIAN Ldirector, officer: Chairman of Board & Co-CEO2026-05-19Sell203K
BREEN EDWARD Ddirector2026-05-11Buy32K

What you'll find

Frequently asked questions

When is Comcast Corp.'s next earnings date?
Comcast Corp.'s (CMCSA) next scheduled earnings date is Oct 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Comcast Corp. (CMCSA) beat or miss earnings?
In Q2 FY2026, Comcast Corp. (CMCSA) posted beat results — revenue of $29.9B versus the $29.2B estimate (+2.4% surprise) and EPS of $1.04 versus $0.97 expected (+7.2% surprise). Magnisto decodes every Comcast Corp. (CMCSA) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Comcast Corp. beat earnings estimates?
Over its last 8 reported quarters, Comcast Corp. (CMCSA) beat Wall Street EPS estimates 8 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Comcast Corp. (CMCSA) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Comcast Corp. stock move after earnings?
Over its last 8 quarterly reports, Comcast Corp. (CMCSA) moved an average of ±4.2% the day after earnings — ranging from -9.9% (Q1 FY2025) to +4.7% (Q1 FY2026). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Oct 29, 2026, options-implied volatility is pricing in a move of roughly ±20.0% (derived). Magnisto tracks the realized post-earnings move for every Comcast Corp. (CMCSA) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Comcast Corp.?
Institutions hold about 75.9% of Comcast Corp.'s (CMCSA) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (8.7%), Vanguard Capital Management LLC (6.4%), State Street Corp (5.4%). Magnisto lists Comcast Corp.'s (CMCSA) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Comcast Corp. (CMCSA)?
In the most recent Form 4 filings Magnisto tracks, Comcast Corp. (CMCSA) insiders recorded 8 purchases and 4 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Comcast Corp. (CMCSA) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Comcast Corp. (CMCSA), anchored to the current $26.18 share price, so you can weigh the bull, base and bear cases for Comcast Corp. side by side.
Is Comcast Corp. (CMCSA) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Comcast Corp. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.