Comcast (CMCSA) Operating Margin (2009 - 2026)

Comcast has reported Operating Margin for 18 years, with the latest figure at 17.23% in Q2 2026.

• On a quarterly basis, Operating Margin fell 253.0% year-over-year to 17.23% in Q2 2026; TTM through Jun 2026 was 14.66%, a 346.0% decrease from a year earlier, with the FY2025 full-year figure at 16.71%, down 212.0% from the prior year.
• Operating Margin was 17.23% for Q2 2026 at Comcast, up from 13.14% 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 16.44%, with a median of 18.11% recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 2611 bps in 2022, then soared 2963 bps in 2023.
• Over 5 years, Operating Margin stood at 14.83% in 2022, then declined by 3 bps to 14.35% in 2023, then grew by 9 bps to 15.65% in 2024, then tumbled by 31 bps to 10.8% in 2025, then soared by 60 bps to 17.23% in 2026.
• The last three Operating Margin figures came in at 17.23% (Q2 2026), 13.14% (Q1 2026), and 10.8% (Q4 2025), per Business Quant data.