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Comcast Holdings 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) 10-Q Filings

CCZ NYSE

Every 10-Q that Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CCZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCZ filings page.

Rhea-AI Summary

Comcast Corporation (CCZ) reported third-quarter 2026 revenue of $29.298 billion, down 6.1% from a year earlier, while net income attributable to Comcast was $3.448 billion, up 3.5%. Adjusted EBITDA, a non-GAAP measure, was $9.106 billion, down 5.8%; diluted earnings per share were $0.97, compared with $0.90.

For the first nine months, revenue was $90.695 billion, down 0.8%, and Adjusted EBITDA was $25.938 billion, down 12.0%. Net income attributable to Comcast was $9.148 billion, compared with $17.830 billion, reflecting in part a $9.4 billion pre-tax gain from the Hulu sale in the 2025 period. Operating cash flow was $22.886 billion, compared with $24.802 billion.

Comcast completed the Versant separation on January 2, 2026, and the sale of its Sky operations in Germany on May 31, receiving $59 million of net pre-tax cash proceeds plus other variable consideration and recording a $9 million pre-tax loss. A tax-free spin-off of NBCUniversal and Sky is expected in mid-2027, subject to customary conditions. Comcast expects to retain up to 19.9% ownership in the spin-off entities for up to one year after completion.

Rhea-AI Summary

Comcast Corporation reported for the three months ended June 30, 2026 revenue of $29,940 million, down 1.2% year over year, and six‑month revenue of $61,396 million, up 2.0%. Net income attributable to Comcast fell to $3,526 million for the quarter and $5,699 million year to date, with diluted EPS of $0.99 and $1.59, mainly because prior‑year results included a $9.4 billion gain on the Hulu sale and much higher investment income.

Connectivity & Platforms revenue declined 3.0% in the quarter to $19,795 million and Adjusted EBITDA decreased 5.7%, reflecting lower domestic broadband and video revenue and continued residential customer losses, partly offset by growth in Business Services Connectivity. Content & Experiences revenue rose 22.9% to $10,728 million, led by Media and Studios, which benefited from the Milan Cortina Olympics, the Super Bowl, the FIFA World Cup and stronger theatrical releases. Peacock generated $1.9 billion of segment revenue in the quarter and had 48 million paid subscribers as of June 30, 2026.

Strategically, Comcast completed the tax‑free Versant Separation on January 2, 2026, distributing one Versant share for every 25 Comcast shares and transferring about $12.5 billion of assets and $4.3 billion of liabilities. Versant paid Comcast $2.25 billion of cash that helped redeem approximately $2.75 billion of notes. Comcast also sold its Sky operations in Germany and has announced an intended tax‑free spin‑off of NBCUniversal and Sky, expected in mid‑2027 subject to approvals. Debt carrying value decreased to $90.4 billion, and net cash from operating activities was $14,983 million for the first half of 2026.

Rhea-AI Summary

Comcast Corporation reported mixed results for the quarter ended March 31, 2026. Revenue rose 5.3% to $31.5 billion, driven mainly by strong growth in the Media, Studios and Theme Parks segments, helped by the Milan Cortina Olympics and the Super Bowl.

Net income attributable to Comcast fell 35.6% to $2.2 billion, and diluted EPS declined to $0.60 as programming and production costs jumped 29.3% and investment income swung to a larger loss, largely tied to equity-method investee Atairos. Adjusted EBITDA declined 16.8% to $7.9 billion.

During the quarter Comcast completed the tax-free spin-off of Versant Media Group, distributing one Versant share for every 25 Comcast shares and removing about $12.5 billion of Versant assets and $4.3 billion of liabilities. Versant paid Comcast $2.25 billion, which, with cash on hand, was used to redeem roughly $2.75 billion of notes, reducing total debt to $94.6 billion.

Rhea-AI Summary

Comcast Corporation reported Q3 2025 results with revenue of $31.198 billion, down 2.7% year over year, and operating income of $5.534 billion. Net income attributable to Comcast was $3.332 billion, and diluted EPS was $0.90. Adjusted EBITDA was $9.669 billion. Segment trends were mixed: Connectivity held relatively steady while Media declined, reflecting softer advertising and distribution, partially offset by Theme Parks growth.

For the first nine months, revenue was $91.397 billion and net income attributable to Comcast rose to $17.830 billion, primarily driven by a $9.4 billion pre‑tax gain on the sale of Comcast’s 33% interest in Hulu. Operating cash flow reached $24.802 billion, funding $8.001 billion of capital expenditures, $5.618 billion of share repurchases, and $3.685 billion of dividends. As of October 15, 2025, shares outstanding were 3,634,450,130 Class A and 9,444,375 Class B. Debt had a $99.1 billion carrying value and $91.7 billion estimated fair value as of September 30, 2025.