Comcast (NASDAQ:CMCSA) reported fourth-quarter earnings that came in ahead of market expectations, supported by stronger profitability, while revenue landed broadly in line with forecasts.
The group posted earnings per share of $0.84 for the quarter, comfortably above the consensus estimate of $0.73. Revenue totaled $32.31 billion, essentially matching market expectations of $32.35 billion. Comcast shares rose around 1% in premarket trading following the release.
“2025 was a year of meaningful progress as we made decisive changes to position the company for long-term, sustainable growth,” said co-CEOs Brian Roberts and Mike Cavanagh. “It was also our best year ever in wireless, with 1.5 million net line additions and more than 9 million total lines, clear evidence of the strength of our converged connectivity strategy.”
Adjusted EBITDA increased 10.3% year on year to $7.9 billion in the quarter, while free cash flow surged 34% to $4.37 billion, reflecting improved operating performance and capital efficiency.
Looking ahead, Comcast said it plans to maintain its annual dividend at $1.32 per share in 2026, with the board declaring a quarterly dividend of $0.33 per share.