Comcast (CMCSA) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter rose compared with the immediately preceding period and also compared with the same quarter one year earlier. The full-year trailing revenue reflected the cumulative performance over the past twelve months.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter rose compared with the immediately preceding period and also compared with the same quarter one year earlier. The full-year trailing revenue reflected the cumulative performance over the past twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$31.3B
Revenue reported for this quarter.
Quarter-over-quarter
+3.8%
Change from the immediately preceding quarter.
Year-over-year
+2.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$121.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $29.7B | -4.3% |
| Jun 30, 2023 | $30.5B | +1.7% |
| Sep 30, 2023 | $30.1B | +0.9% |
| Dec 31, 2023 | $31.3B | +2.3% |
Revenue performance
Reported revenue moved higher from the prior quarter, extending the sequential improvement seen in recent periods. The year-over-year comparison also showed an increase, indicating sustained growth.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. Versus the same quarter one year earlier, revenue also increased.
What to watch
The sequential revenue growth rate may warrant monitoring for consistency in future quarters.