- Comcast Corporation (CMCSA, Financial) reported a 4.5% increase in Adjusted EPS, reaching $1.09 for Q1 2025.
- Free cash flow rose by 19.4% to $5.4 billion, with $3.2 billion returned to shareholders.
- Connectivity & Platforms revenue grew by 4.1%, while Media Adjusted EBITDA surged by 21%.
Comcast Corporation (CMCSA) announced its financial results for the first quarter of 2025, highlighting a robust performance across its diversified business operations. The company reported a mid-single-digit growth in Adjusted Earnings Per Share (EPS), rising to $1.09, while generating a free cash flow of $5.4 billion, marking a 19.4% increase compared to the previous year.
The company's connectivity business saw a 4.1% increase in revenue, driven by growth in domestic and international broadband, wireless, and business services. The Connectivity & Platforms segment reported an Adjusted EBITDA increase of 1.5%, with margins expanding to 41.4%.
Comcast's Media sector also performed strongly, with a 21% increase in Adjusted EBITDA attributed to its streaming service, Peacock. Peacock reported a 16% revenue increase, although it still recorded an EBITDA loss, which improved by $424 million compared to the previous year.
Theme Parks are on a notable growth trajectory, with Epic Universe set to debut in Orlando next month. Comcast is also planning the construction of a new theme park in the UK.
Overall, Comcast returned $3.2 billion to shareholders through dividend payments and share repurchases. The company remains optimistic about its growth prospects, supported by significant free cash flow generation and strategic capital allocation. Adjusted EBITDA for the quarter rose by 1.9% to $9.5 billion, while the overall revenue slightly decreased by 0.6% year-over-year to $29.9 billion.
