Comcast (CMCSA) Operating Expenses (2016 - 2026)

Comcast has reported Operating Expenses over the past 18 years, most recently at $27.3 billion for Q1 2026.

For Q1 2026, Operating Expenses rose 12.77% year-over-year to $27.3 billion; the TTM value through Mar 2026 reached $106.1 billion, up 5.69%, while the annual FY2025 figure was $103.0 billion, 2.59% up from the prior year.
Operating Expenses for Q1 2026 was $27.3 billion at Comcast, down from $28.8 billion in the prior quarter.
Over five years, Operating Expenses peaked at $32.3 billion in Q3 2022 and troughed at $23.1 billion in Q2 2024.
A 5-year average of $25.7 billion and a median of $25.4 billion in 2022 define the central range for Operating Expenses.
Biggest five-year swings in Operating Expenses: rose 29.89% in 2022 and later fell 26.75% in 2023.
Year by year, Operating Expenses stood at $26.0 billion in 2022, then grew by 2.87% to $26.8 billion in 2023, then rose by 0.57% to $26.9 billion in 2024, then increased by 7.06% to $28.8 billion in 2025, then decreased by 5.21% to $27.3 billion in 2026.
Business Quant data shows Operating Expenses for CMCSA at $27.3 billion in Q1 2026, $28.8 billion in Q4 2025, and $25.7 billion in Q3 2025.

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