FINHUB Insights

CMCSA · Q3 FY25 · Jul 1 – Sep 30, 2025

Comcast Q3 FY25: where the revenue came from and where it went

Comcast Q3 FY25: revenue $31.2B (−3% year over year). Net profit $3.3B. Largest cohort Residential Connectivity $9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 30, 2025 10-Q
Sankey diagram of Comcast's income statement for Q3 FY25: revenue of $31.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$31.2B −3% year over year
Gross profit$22.5B 72% margin
Operating profit$5.5B 18% margin
Net profit$3.3B 11% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 31.2 100% −3%
Residential Connectivity 9 29%
Video 6.6 21%
Other 5.6 18%
Domestic distribution 2.8 9%
Theme Parks 2.7 9% +19%
Business Services Connectivity 2.6 8% +6%
Content licensing 2 6%
Domestic advertising 2 6%
Cost of revenue−8.728%
Gross profit22.572% margin+4pp
Other operating & administrative−10.835%+0pp
Depreciation & amortization−413%+0pp
Marketing & promotion−2.27%+0pp
Operating profit5.518% margin−1pp
Tax−1.2
Interest & other costs−1
Net profit3.311%−1pp
Filing on EDGAR More quarters of CMCSA

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters