Comcast's first quarter 2026 revenue and EPS beat estimates as broadband losses slowed significantly.

Comcast reported first quarter 2026 results that surpassed analyst expectations on both revenue and earnings, driven by moderating broadband subscriber losses and record performance in its wireless segment. The Content & Experiences division saw substantial revenue growth, boosted by major sporting events.

Key Highlights

• Domestic residential broadband net losses were 65,000, a significant improvement from a loss of 183,000 in the prior year and better than analyst expectations for a loss of 125,000.
• The company added a record 435,000 domestic wireless lines, bringing total lines to 9.7 million.
• Peacock paid subscribers grew 12% year-over-year to 46 million, with Peacock revenue increasing 71% to surpass $2 billion for the first time.
• Theme Parks Adjusted EBITDA increased 33% to $551 million, aided by the successful opening of Epic Universe.