Comcast Shares Gain 4% After Earnings Beat and Cash Flow Growth

Comcast (NASDAQ: CMCSA) reported fourth-quarter earnings that topped expectations, lifting shares more than 4% intraday.

The company posted earnings per share of $0.84, exceeding the consensus estimate of $0.73. Revenue came in at $32.31 billion, broadly in line with analyst expectations of $32.35 billion.

Co-Chief Executive Officers Brian Roberts and Mike Cavanagh said 2025 marked a year of significant progress, highlighting the company’s strongest-ever performance in wireless, with 1.5 million net line additions during the year and more than 9 million total wireless lines.

Adjusted EBITDA rose 10.3% year over year to $7.9 billion in the quarter, while free cash flow jumped 34% to $4.37 billion.

Comcast also announced it would maintain its annual dividend at $1.32 per share for 2026, with the board declaring a quarterly dividend of $0.33 per share.