Comcast (CMCSA) Operating Margin (2009 - 2026)

Comcast (CMCSA) has reported Operating Margin for 18 consecutive years, with 13.14% the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Margin fell 579.0% year-over-year to 13.14%; the TTM figure through Mar 2026 stood at 15.29% (down 345.0% YoY), while the FY2025 annual figure was 16.71%, down 212.0% from the prior year.
• Operating Margin came in at 13.14% for Q1 2026 at Comcast, up from 10.8% in the prior quarter.
• The five-year high for Operating Margin was 22.35% in Q2 2024, with the low at 8.12% in Q3 2022.
• Average Operating Margin over 5 years is 16.39%, with a median of 18.27% recorded in 2024.
• Across the five-year window, Operating Margin plunged 2611 bps in 2022 and surged 2963 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 14.83% in 2022, then retreated by 3 bps to 14.35% in 2023, then rose by 9 bps to 15.65% in 2024, then sank by 31 bps to 10.8% in 2025, then climbed by 22 bps to 13.14% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 13.14%, 10.8%, and 17.74% for Q1 2026, Q4 2025, and Q3 2025 respectively.