Comcast (CMCSA) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.8%
Change from the immediately preceding quarter.
Year-over-year
+1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$121.9B
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 |
|---|---|---|
| Jun 30, 2023 | $30.5B | +1.7% |
| Sep 30, 2023 | $30.1B | +0.9% |
| Dec 31, 2023 | $31.3B | +2.3% |
| Mar 31, 2024 | $30.1B | +1.2% |
Revenue performance
The reported revenue declined from the prior quarter, reflecting a sequential contraction. The trailing twelve-month revenue remained substantial.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. In contrast, revenue was higher than in the same quarter one year ago.
What to watch
Monitor whether the sequential revenue decline continues in upcoming quarters.