Stock Analysis on Net
Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Comcast Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents 7,661 9,468 9,481 9,325 9,687 8,593 7,322 8,814 6,065 6,515 6,215 6,435 7,146 5,535 4,749 5,695 6,822 8,880 8,711 11,806 12,378 14,950
Receivables, net 13,955 14,078 13,869 13,214 13,040 12,881 13,661 14,036 13,167 13,144 13,813 12,835 12,980 12,287 12,672 11,918 11,956 12,300 12,008 11,974 11,110 10,986
Other current assets 4,719 5,276 6,217 6,318 6,309 5,840 5,818 4,336 4,220 4,319 3,959 4,871 4,796 4,555 4,405 5,803 5,414 4,201 4,088 3,647 3,558 3,502
Current assets 26,335 28,822 29,567 28,857 29,036 27,314 26,801 27,186 23,452 23,978 23,987 24,141 24,922 22,377 21,826 23,416 24,192 25,381 24,807 27,427 27,046 29,438
Film and television costs 10,467 11,047 12,214 12,959 12,640 12,774 12,541 13,340 12,853 12,757 12,920 13,067 12,641 12,612 12,560 12,685 11,622 12,360 12,806 12,645 12,372 12,983
Investments 7,828 7,450 7,952 8,324 8,463 8,524 8,647 9,021 9,171 9,548 9,385 8,360 8,241 8,298 7,740 7,857 8,240 8,933 8,687 9,726 9,467 8,376
Property and equipment, net of accumulated depreciation 66,127 65,472 65,680 64,773 64,025 63,292 62,548 61,775 60,507 59,918 59,686 58,165 56,851 56,279 55,485 53,555 53,508 53,820 54,047 52,809 52,769 52,317
Goodwill 53,070 53,374 61,502 61,406 61,812 59,094 58,209 60,076 58,376 58,668 59,268 58,069 59,042 58,960 58,494 56,414 66,486 69,052 70,189 69,626 70,429 70,106
Franchise rights 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365 59,365
Other intangible assets, net of accumulated amortization 19,687 20,418 22,474 23,379 24,612 24,943 25,599 26,423 26,363 27,063 27,867 27,870 28,761 29,004 29,308 28,604 30,728 32,468 33,580 33,393 34,321 34,861
Intangible assets, net 79,052 79,783 81,839 82,744 83,977 84,308 84,964 85,788 85,728 86,428 87,232 87,235 88,126 88,369 88,673 87,969 90,093 91,833 92,945 92,758 93,686 94,226
Other noncurrent assets, net 14,669 14,054 13,877 13,932 13,897 12,464 12,501 12,685 12,468 12,304 12,333 12,035 12,324 12,534 12,497 12,412 12,891 12,695 12,424 12,070 11,235 11,065
Noncurrent assets 231,213 231,180 243,064 244,138 244,814 240,456 239,410 242,685 239,103 239,623 240,824 236,931 237,225 237,052 235,449 230,892 242,840 248,693 251,098 249,634 249,958 249,073
Total assets 257,548 260,002 272,631 272,995 273,850 267,770 266,211 269,871 262,555 263,601 264,811 261,072 262,147 259,429 257,275 254,308 267,032 274,074 275,905 277,061 277,004 278,511

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


An analysis of the asset structure reveals a period of fluctuation in liquidity coupled with steady growth in long-term physical infrastructure and a gradual reduction in intangible asset valuations.

Liquidity and Current Assets
Cash and cash equivalents experienced significant volatility, declining from a high of 14,950 million USD in March 2021 to a low of 4,749 million USD by December 2022. A subsequent recovery period saw balances stabilize between 8,000 million and 9,600 million USD throughout 2024 and 2025, before dipping again to 7,661 million USD in June 2026. Receivables showed a more consistent upward trajectory, increasing from 10,986 million USD to 13,955 million USD over the analyzed period. Total current assets fluctuated but generally remained within the 21,800 million to 29,500 million USD range.
Fixed Asset Investment
A consistent and sustained increase is observed in property and equipment, net of accumulated depreciation. This item grew from 52,317 million USD in March 2021 to 66,127 million USD by June 2026, indicating continuous capital expenditure and investment in physical infrastructure.
Intangible Assets and Goodwill
Net intangible assets exhibited a long-term downward trend, decreasing from 94,226 million USD in March 2021 to 79,052 million USD in June 2026. This decline is primarily driven by a steady reduction in other intangible assets, which fell from 34,861 million USD to 19,687 million USD, likely reflecting scheduled amortization. Franchise rights remained completely static at 59,365 million USD throughout the entire period. Goodwill showed significant volatility, including a notable reduction in September 2022 and another sharp decline to 53,070 million USD by June 2026.
Total Asset Composition
Total assets remained relatively stable but showed a slight overall contraction, moving from 278,511 million USD in March 2021 to 257,548 million USD by June 2026. The balance sheet is heavily weighted toward noncurrent assets, which consistently represent the vast majority of the total asset base. The growth in property and equipment has partially offset the declines seen in goodwill and other intangible assets.

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Assets: Selected Items


Current Assets: Selected Items