Comcast Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	19,660	15,877	15,107	4,925	13,833
Depreciation & Amortization	16,210	14,802	14,336	13,821	13,804
Stock-Based Compensation	1,288	1,288	1,241	1,336	1,315
Other Adjustments	-5,691	650	-3,191	9,235	1,063
Change in Receivables	-135	136	-996	-1,327	-1,335
Changes in Inventories	338	290	-260	-451	-680
Changes in Accounts Payable	-20	-758	-520	497	765
Changes in Other Operating Activities	1,994	-4,611	2,784	-1,623	382
Operating Cash Flow	33,643	27,673	28,501	26,413	29,146
Operating Cash Flow Growth	21.57%	-2.90%	7.90%	-9.38%	17.82%
Capital Expenditures	-11,761	-12,297	-12,379	-10,956	-10,150
Purchases of Intangible Assets	-2,658	-2,949	-3,298	-3,141	-2,883
Purchases of Investments	-1,302	-1,082	-1,313	-2,274	-174
Proceeds from Sale of Investments	670	771	9,271	1,985	684
Payments for Business Acquisitions	-1,306	-119	-	-	-1,374
Other Investing Activities	199	6	558	246	451
Investing Cash Flow	-16,157	-15,670	-7,161	-14,140	-13,446
Long-Term Debt Issued	3,494	6,268	6,052	2,745	2,628
Long-Term Debt Repaid	-5,740	-3,573	-9,190	-2,307	-11,498
Net Long-Term Debt Issued (Repaid)	-2,246	2,695	-3,138	438	-8,870
Repurchase of Common Stock	-7,155	-9,103	-11,291	-13,328	-4,672
Net Common Stock Issued (Repurchased)	-7,155	-9,103	-11,291	-13,328	-4,672
Common Dividends Paid	-4,894	-4,814	-4,766	-4,741	-4,532
Other Financing Activities	-50	339	-655	1,446	-544
Financing Cash Flow	-14,346	-10,883	-19,850	-16,184	-18,618
Effect of Exchange Rate Changes on Cash and Cash Equivalents	42	-26	9	-86	-71
Net Cash Flow	3,182	1,095	1,500	-3,997	-2,989
Free Cash Flow	21,882	15,376	16,122	15,457	18,996
Free Cash Flow Growth	42.31%	-4.63%	4.30%	-18.63%	35.11%
FCF Margin	17.69%	12.43%	13.26%	12.73%	16.32%
Free Cash Flow Per Share	5.90	3.93	3.89	3.49	4.08
Levered Free Cash Flow	24,513	16,313	16,211	7,096	9,410
Unlevered Free Cash Flow	22,534	17,235	21,160	8,737	19,204

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.