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This statistic highlights Comcast’s Revenue by Region from Q1 2017 onwards, split between the United States, Europe, and others.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(all figures are in billions, except percentages)
There is a gradual rise in the total revenue of the company with each passing quarter. The incremental increase in revenue from Q2 2021 to Q3 2021 is 6.13%. Moreover, on yearly grounds, the total revenue increased from $25.53 billion in Q3 2020 to $30.3 billion in Q3 2021, marking a jump of 18.66% on a year-on-year basis. As shown, the highest total revenue of $30.3 billion is earned in the latest quarter, Q3 2021.
On breaking down the revenue based on geographic locations, the United States is Comcast’s largest consumer market. This region generates significantly more money for the company than all of its other consumer markets combined. In the latest quarter of Q3 2021, the United States contributed a massive $23.98 billion i.e. 79.14% of their total quarterly revenue.
The States’ generated $23.98 billion in Q3 2021, which was up by 21.85% on a year-on-year basis from $19.68 billion in Q3 2020 and by 8.11% on a quarter-on-quarter basis from $22.18 billion in Q2 2021.
The second-largest consumer market of Comcast is the European region. Though the scale of revenue contributed is lower in comparison to that of the United States, Europe’s revenue contribution in the latest quarter was $5.52 billion which is 18.21% of that quarter’s total revenue. The revenue generated grew by 6.35% on a year-on-year basis, from $5.19 billion in Q3 2020 to $5.52 billion in Q3 2021. It witnessed a decrease of 2.82% on a quarter-on-quarter basis, from $5.68 billion in Q2 2021 to $5.52 billion in Q3 2021.
In Q3 2021, Comcast earned $.80 billion from this region comprising 2.65% of their quarterly total. The revenue generated by other geographical regions in Q3 2021 amounted to $0.8 billion, which was up by 21.21% on a year-on-year basis, from $0.66 billion in Q3 2020. The revenue grew by 17.65% on a quarter-on-quarter basis, from $0.68 billion in Q2 2021 to $0.8 billion in Q3 2021.
Over the years, the United States has been the largest market for Comcast, where the contribution to the quarterly revenue has increased. On the other hand, the other regions are the smaller contributors of the company’s total revenue.
Incorporated in Pennsylvania in December 2001, Comcast Corporation is a global media and technology company with Comcast cable, NBCUniversal and Sky being its primary businesses. It is founded by Ralph J Roberts, headquartered in Philadelphia, Pennsylvania. The company uses intellectual property such as patents and copyrights to use technologies and for conducting its operations. It is the parent company of NBCUniversal and is a producer of various feature films and tv shows. In the United States of America, Comcast Corporation is the largest cable and home internet service provider. The company’s common stock is listed on the NASDAQ under the symbol “CMCSA” and is a component of the NASDAQ 100, S&P 100 and S&P 500.
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