Comcast (CMCSA) Net Margin (2009 - 2026)
Comcast's Net Margin came in at 11.77% for Q3 2026, up 1.09 percentage points from 10.68% a year earlier but down 0.01 percentage points from the prior quarter.
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Analysis
Comcast (CMCSA) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Comcast reported Net Margin of 9.20%, down 9.13 percentage points year-over-year; for FY2025, it was 16.17%, up 3.08 percentage points from FY2024.
- Net Margin has increased in each of the last three years, with a five-year change of +5.99 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 13.09% in FY2024 (+0.43 pp), 12.66% in FY2023 (+8.24 pp), 4.42% in FY2022 (-7.74 pp) and 12.17% in FY2021 (+1.99 pp).
- The five-year range for quarterly Net Margin is -15.40% (Q3 2022) to 36.69% (Q2 2025).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -1.33 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2023 (a gain of 28.84 percentage points), and the weakest in Q3 2022 (a drop of 28.72 percentage points).
- Business Quant data shows CMCSA's Net Margin at 11.78% (Q2 2026), 6.91% (Q1 2026) and 6.71% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.14 Bn | 158.48 Bn | 27.05 Bn | 15.15% |
| 2 | T-Mobile US | 180.68 Bn | 163.11 Bn | 15.13 Bn | 14.65% |
| 3 | At&T | 148.63 Bn | 90.09 Bn | 26.22 Bn | 2.65% |
| 4 | Grupo Televisa, S.A.B | 147.33 Bn | 147.33 Bn | 960.50 Mn | 10.07% |
| 5 | Comcast | 87.13 Bn | 52.92 Bn | - | 11.77% |
| 6 | Chunghwa Telecom | 37.89 Bn | 29.90 Bn | 728.80 Mn | 18.36% |
| 7 | Vodafone Group Public | 37.72 Bn | 7.12 Bn | - | - |
| 8 | EchoStar | 29.40 Bn | 10.44 Bn | 647.20 Mn | 246.74% |
| 9 | Bce | 19.97 Bn | 17.97 Bn | 2.79 Bn | 10.19% |
| 10 | Telefonica Brasil | 18.69 Bn | 12.71 Bn | 1.42 Bn | 9.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.77% |
| Jun 30, 2026 | 11.78% |
| Mar 31, 2026 | 6.91% |
| Dec 31, 2025 | 6.71% |
| Sep 30, 2025 | 10.68% |
| Jun 30, 2025 | 36.69% |
| Mar 31, 2025 | 11.29% |
| Dec 31, 2024 | 14.97% |
| Sep 30, 2024 | 11.32% |
| Jun 30, 2024 | 13.23% |
| Mar 31, 2024 | 12.83% |
| Dec 31, 2023 | 10.43% |
| Sep 30, 2023 | 13.44% |
| Jun 30, 2023 | 13.92% |
| Mar 31, 2023 | 12.91% |
| Dec 31, 2022 | 9.89% |
| Sep 30, 2022 | -15.40% |
| Jun 30, 2022 | 11.31% |
| Mar 31, 2022 | 11.44% |
| Dec 31, 2021 | 10.08% |
API Access
Comcast Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CMCSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CMCSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CMCSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();