Comcast profit margin CMCSA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 9.0%
- Operating margin, 12 months
- 14.7%
- Net margin on a year earlier
- −9.5 pts
- Peer median
- 11.5%
Over the twelve months to Jun 30, 2026, Comcast kept 9.0% of its revenue as net profit, with an operating margin of 14.7%.
Five years earlier its net margin was 11.4%.
The median for 4 telecom stocks of a similar size is 11.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 16.2% | 16.7% |
| FY2024 | 13.1% | 18.8% |
| FY2023 | 12.7% | 19.2% |
| FY2022 | 4.4% | 11.6% |
| FY2021 | 12.2% | 17.9% |
| FY2020 | 10.2% | 16.9% |
| FY2019 | 12.0% | 19.4% |
| FY2018 | 12.4% | 20.1% |
| FY2017 | 26.7% | 21.2% |
| FY2016 | 10.8% | 21.0% |
| FY2015 | 11.0% | 21.5% |
| FY2014 | 12.2% | 21.7% |
| FY2013 | 10.5% | 21.0% |
| FY2012 | 9.9% | 19.5% |
| FY2011 | 7.4% | 19.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 9.0% | −9.5 pts | 14.7% | |
| Q1 FY26 | 15.0% | +2.3 pts | 15.3% | |
| Q4 FY25 | 16.2% | +3.1 pts | 16.7% | |
| Q3 FY25 | 18.3% | +6.4 pts | 18.0% | |
| Q2 FY25 | 18.4% | +6.0 pts | 18.1% | |
| Q1 FY25 | 12.7% | +0.1 pts | 18.7% | |
| Q4 FY24 | 13.1% | +0.4 pts | 18.8% | |
| Q3 FY24 | 11.9% | −0.6 pts | 18.5% | |
| Q2 FY24 | 12.5% | +7.1 pts | 19.3% | |
| Q1 FY24 | 12.6% | +7.9 pts | 19.3% | |
| Q4 FY23 | 12.7% | +8.2 pts | 19.2% | |
| Q3 FY23 | 12.5% | +8.1 pts | 19.3% |
Against its peers
Companies in Telecommunications Services nearest Comcast's size, closest first, today.
| Company | Profit margin |
|---|---|
| CMCSAComcast | 9.0% |
| TAT&T | n/m |
| TMUST-Mobile US | 11.5% |
| VZVerizon Communications | 11.6% |
| CHTRCharter Communications | 9.1% |
| Peer median | 11.5% |
Where Comcast ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Comcast
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.