Comcast (CMCSA) 10-K Summary — Year Ended Dec 31, 2023
Comcast Corporation filed its annual report for the most recent fiscal year. The filing includes sections on business overview, risk factors, management discussion, and liquidity and capital resources.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Comcast Corporation filed its annual report for the most recent fiscal year. The filing includes sections on business overview, risk factors, management discussion, and liquidity and capital resources.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$121.6B
Revenue reported for the fiscal year.
Operating income
$23.3B
Income from operations reported for the year.
Net income
$15.4B
Net income reported for the year.
Operating cash flow
$28.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $116.4B | n/a |
| Dec 31, 2022 | $121.4B | +4.3% |
| Dec 31, 2023 | $121.6B | +0.1% |
Business overview
The business overview section describes the company's operations and segments. It references the key items that outline the nature of the business.
Financial performance
Revenue increased slightly compared to the prior year, following a larger increase the year before. Operating income and net income were reported, and operating cash flow exceeded net income.
Material risks
The risk factors section identifies potential material risks that could affect the company's operations and financial condition. These risks are detailed in the filing.
Liquidity and capital
The liquidity and capital resources section discusses the company's cash flows and capital allocation strategies. It provides context for how the company manages its financial position.
What to watch
Monitor the company's revenue growth trajectory in the next filing, given the recent slowdown in growth rate.