Comcast (CMCSA) Revenue — Quarter Ended Sep 30, 2024
Revenue increased for the quarter. The growth was driven by higher revenue compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased for the quarter. The growth was driven by higher revenue compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$32.1B
Revenue reported for this quarter.
Quarter-over-quarter
+8.0%
Change from the immediately preceding quarter.
Year-over-year
+6.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$123.1B
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 |
|---|---|---|
| Dec 31, 2023 | $31.3B | +2.3% |
| Mar 31, 2024 | $30.1B | +1.2% |
| Jun 30, 2024 | $29.7B | -2.7% |
| Sep 30, 2024 | $32.1B | +6.5% |
Revenue performance
The reported revenue rose from the immediately preceding quarter. This marks a reversal from the decline seen in the prior sequential period.
Quarterly comparison
Revenue also grew compared to the same quarter one year earlier. The year-over-year increase was larger than the sequential gain.
What to watch
The company noted significant cash flows from operations but also higher debt levels compared to year-end.