Comcast (CMCSA) Operating Expenses (2009 - 2026)
Comcast (CMCSA) posted Operating Expenses of $24.8 billion for Q2 2026, down 9.3% on a QoQ basis from $27.3 billion in Q1 2026, and up 1.89% year-over-year from $24.3 billion in Q2 2025.
Analysis
Comcast (CMCSA) Operating Expenses (2009 - 2026) Analysis & Trends
Comcast has reported Operating Expenses for 18 years, with the latest figure at $24.8 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 1.89% year-over-year to $24.8 billion in Q2 2026; TTM through Jun 2026 was $106.6 billion, a 4.83% increase from a year earlier, with the FY2025 full-year figure at $103.0 billion, up 2.59% from the prior year.
- Operating Expenses was $24.8 billion for Q2 2026 at Comcast, down from $27.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $32.3 billion in Q3 2022, with the low at $23.1 billion in Q2 2024.
- Average Operating Expenses over 5 years is $25.6 billion, with a median of $25.1 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses gained 29.89% in 2022, then dropped 26.75% in 2023.
- Over 5 years, Operating Expenses stood at $26.0 billion in 2022, then rose by 2.87% to $26.8 billion in 2023, then advanced by 0.57% to $26.9 billion in 2024, then gained by 7.06% to $28.8 billion in 2025, then dropped by 14.02% to $24.8 billion in 2026.
- The last three Operating Expenses figures came in at $24.8 billion (Q2 2026), $27.3 billion (Q1 2026), and $28.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Grupo Televisa, S.A.B | 157.68 Bn | 155.28 Bn | 318.12 Mn | -117.85 Mn |
| 2 | Comcast | 93.79 Bn | 86.13 Bn | - | 24.78 Bn |
| 3 | Charter Communications | 17.54 Bn | 17.04 Bn | - | 10.46 Bn |
| 4 | Lumen Technologies | 6.67 Bn | 4.80 Bn | 1.39 Bn | 2.89 Bn |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | 10.46 Bn |
| 6 | Telephone & Data Systems | 4.35 Bn | 2.16 Bn | 185.25 Mn | -63.93 Mn |
| 7 | Liberty Global | 3.65 Bn | 1.23 Bn | 796.60 Mn | 1.17 Bn |
| 8 | Uniti | 2.59 Bn | 1.98 Bn | 567.70 Mn | 877.50 Mn |
| 9 | Liberty Latin America | 1.74 Bn | 1.03 Bn | 652.20 Mn | 921.40 Mn |
| 10 | Idt | 1.71 Bn | 1.47 Bn | 122.50 Mn | 92.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.78 Bn |
| Mar 31, 2026 | 27.32 Bn |
| Dec 31, 2025 | 28.82 Bn |
| Sep 30, 2025 | 25.67 Bn |
| Jun 30, 2025 | 24.32 Bn |
| Mar 31, 2025 | 24.23 Bn |
| Dec 31, 2024 | 26.92 Bn |
| Sep 30, 2024 | 26.21 Bn |
| Jun 30, 2024 | 23.05 Bn |
| Mar 31, 2024 | 24.25 Bn |
| Dec 31, 2023 | 26.77 Bn |
| Sep 30, 2023 | 23.64 Bn |
| Jun 30, 2023 | 23.80 Bn |
| Mar 31, 2023 | 24.05 Bn |
| Dec 31, 2022 | 26.02 Bn |
| Sep 30, 2022 | 32.27 Bn |
| Jun 30, 2022 | 23.65 Bn |
| Mar 31, 2022 | 25.44 Bn |
| Dec 31, 2021 | 25.52 Bn |
| Sep 30, 2021 | 24.85 Bn |