How does Comcast (CMCSA) make money?

Comcast (CMCSA) primarily makes money through Residential Connectivity And Platforms Segment, which accounts for 55.1% of total revenue. For TTM through Q1 2026, Comcast generated $125.28B in total revenue with a net profit margin of 14.8%.

What is Comcast (CMCSA) gross profit margin?

Comcast (CMCSA) reported a gross profit margin of 61.7% for TTM through Q1 2026, equivalent to $77.26B in gross profit. This means Comcast retains 61.7% of each revenue unit after direct costs of production.

What is Comcast (CMCSA) operating profit margin?

Comcast (CMCSA) reported an operating profit margin of 15.3% for TTM through Q1 2026, equivalent to $19.15B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Comcast (CMCSA) net profit margin?

Comcast (CMCSA) reported a net profit margin of 14.8% for TTM through Q1 2026, equivalent to $18.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Comcast (CMCSA) spend on capital expenditures?

Comcast (CMCSA) spent $11.85B on capital expenditures in TTM through Q1 2026 (9.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Comcast (CMCSA) free cash flow?

Comcast (CMCSA) generated $20.39B in free cash flow for TTM through Q1 2026 (16.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Comcast (CMCSA) effective tax rate?

Comcast (CMCSA) had an effective tax rate of 23.4% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Comcast (CMCSA) Makes Money: A Visual Guide

Comcast (CMCSA) generated $125.28B in revenue, earning $18.60B in net profit (14.8% margin). Its largest revenue source is Residential Connectivity And Platforms Segment (55.1% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Comcast (CMCSA) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 23, 2026).

Frequently asked questions

How does Comcast (CMCSA) make money?: Comcast (CMCSA) primarily makes money through Residential Connectivity And Platforms Segment, which accounts for 55.1% of total revenue. For TTM through Q1 2026, Comcast generated $125.28B in total revenue with a net profit margin of 14.8%.
What is Comcast (CMCSA) gross profit margin?: Comcast (CMCSA) reported a gross profit margin of 61.7% for TTM through Q1 2026, equivalent to $77.26B in gross profit. This means Comcast retains 61.7% of each revenue unit after direct costs of production.
What is Comcast (CMCSA) operating profit margin?: Comcast (CMCSA) reported an operating profit margin of 15.3% for TTM through Q1 2026, equivalent to $19.15B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Comcast (CMCSA) net profit margin?: Comcast (CMCSA) reported a net profit margin of 14.8% for TTM through Q1 2026, equivalent to $18.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Comcast (CMCSA) spend on capital expenditures?: Comcast (CMCSA) spent $11.85B on capital expenditures in TTM through Q1 2026 (9.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Comcast (CMCSA) free cash flow?: Comcast (CMCSA) generated $20.39B in free cash flow for TTM through Q1 2026 (16.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Comcast (CMCSA) effective tax rate?: Comcast (CMCSA) had an effective tax rate of 23.4% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.