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	19,998	16,192	15,388	5,370	14,159
Depreciation & Amortization	16,210	14,802	14,336	13,821	13,804
Loss (Gain) From Sale of Assets	-8,853	1,088	-768	1,177	-1,311
Asset Writedown & Restructuring Costs	-	-	-	8,583	-
Stock-Based Compensation	1,288	1,288	1,241	1,336	1,315
Other Operating Activities	2,823	-754	-2,704	-970	2,047
Change in Accounts Receivable	-135	136	-996	-1,327	-1,335
Change in Accounts Payable	-20	-758	-520	497	765
Change in Other Net Operating Assets	2,332	-4,321	2,524	-2,074	-298
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
Cash Acquisitions	-1,306	-119	-	-	-1,374
Divestitures	670	771	661	1,985	684
Sale (Purchase) of Intangibles	-2,658	-2,949	-3,298	-3,141	-2,883
Investment in Securities	-1,302	-1,082	7,297	-2,274	-174
Other Investing Activities	200	6	558	246	451
Investing Cash Flow	-16,157	-15,670	-7,161	-14,140	-13,446
Short-Term Debt Issued	-	-	-	660	-
Long-Term Debt Issued	3,494	6,268	6,052	2,745	2,628
Total Debt Issued	3,494	6,268	6,052	3,405	2,628
Short-Term Debt Repaid	-	-	-660	-	-
Long-Term Debt Repaid	-5,740	-3,573	-4,015	-2,307	-11,498
Total Debt Repaid	-5,740	-3,573	-4,675	-2,307	-11,498
Net Debt Issued (Repaid)	-2,246	2,695	1,377	1,098	-8,870
Repurchase of Common Stock	-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	-51	339	-5,170	787	-544
Financing Cash Flow	-14,346	-10,883	-19,850	-16,184	-18,618
Foreign Exchange Rate Adjustments	42	-26	9	-86	-71
Miscellaneous Cash Flow Adjustments	-	1	1	-	-1
Net Cash Flow	3,182	1,095	1,500	-3,997	-2,990
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%
Free Cash Flow 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
Cash Interest Paid	3,871	3,657	3,711	3,413	3,908
Cash Income Tax Paid	755	7,096	5,107	5,265	2,628
Levered Free Cash Flow	5,592	7,657	23,133	10,803	12,844
Unlevered Free Cash Flow	8,348	10,240	25,688	13,238	15,520
Change in Working Capital	2,177	-4,943	1,008	-2,904	-868

Updated Jan 29, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q