TeleGeography Logo

Comcast Q2 revenue up 23.6% to USD26.9bn

26 Jul 2019

US cable giant Comcast has reported consolidated revenue of USD26.9 billion for the three months to end-June 2019, an increase of 23.6% from USD21.7 billion a year earlier. Adjusted EBITDA for the period was USD8.7 billion compared to USD7.4 billion in Q2 2018, but net income attributable to Comcast dipped by 2.8% year-on-year to USD3.1 billion. Free cash flow was also down from Q2 2018, slipping by 1.3% to USD4.2 billion.

The group’s Cable Communications unit booked revenue of USD14.5 billion in Q2 2019 – up 3.9% from USD13.9 billion in 2Q18 – including USD4.7 billion attributed to high speed internet services (+9.4%), and USD5.6 billion to video services (-0.6%). The division counted 30.9 million customer relationships at end-June 2019, having added 152,000 net new users in the quarter. The number of broadband customers grew to 27.8 million from 26.5 million a year earlier. Video and voice customers totalled 21.6 million and 11.3 million, down from 22.1 million and 11.5 million, respectively, while Comcast’s MVNO user base more than doubled year-on-year from 781,000 to 1.59 million.

United States, Comcast Corp (Xfinity, incl. Xfinity Mobile)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.