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Growth Metrics

Comcast (CMCSA) Operating Expenses (2016 - 2025)

Comcast has reported Operating Expenses over the past 17 years, most recently at $28.8 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $28.8 billion for Q4 2025, up 7.06% from a year ago — trailing twelve months through Dec 2025 was $103.0 billion (up 2.59% YoY), and the annual figure for FY2025 was $103.0 billion, up 2.59%.
  • Operating Expenses for Q4 2025 was $28.8 billion at Comcast, up from $25.7 billion in the prior quarter.
  • Over the last five years, Operating Expenses for CMCSA hit a ceiling of $32.3 billion in Q3 2022 and a floor of $22.2 billion in Q1 2021.
  • Median Operating Expenses over the past 5 years was $24.6 billion (2021), compared with a mean of $25.2 billion.
  • Biggest five-year swings in Operating Expenses: increased 29.89% in 2022 and later decreased 26.75% in 2023.
  • Comcast's Operating Expenses stood at $25.5 billion in 2021, then increased by 1.99% to $26.0 billion in 2022, then rose by 2.87% to $26.8 billion in 2023, then increased by 0.57% to $26.9 billion in 2024, then grew by 7.06% to $28.8 billion in 2025.
  • The last three reported values for Operating Expenses were $28.8 billion (Q4 2025), $25.7 billion (Q3 2025), and $24.3 billion (Q2 2025) per Business Quant data.