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

	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	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	13,869)	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	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	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	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	7,952)	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	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	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)
Other intangible assets, net of accumulated amortization	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	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	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	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	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)

The company’s total assets exhibited a generally stable pattern over the observed period, spanning from March 2021 to December 2025. While fluctuations occurred, a clear upward trajectory is discernible, particularly in the latter half of the period. A closer examination of the asset composition reveals varying trends across different categories.

Current Assets: Current assets demonstrated a decrease from $29.438 billion in March 2021 to a low of $21.826 billion in December 2022. A subsequent recovery began in March 2023, reaching $29.567 billion by December 2025. This pattern suggests potential shifts in short-term liquidity management or working capital needs. The components of current assets – cash, receivables, and other current assets – all contributed to this overall trend, with cash and cash equivalents experiencing the most significant volatility.
Film and Television Costs: Film and television costs remained relatively consistent throughout the period, fluctuating between approximately $11.622 billion and $13.813 billion. This indicates a steady investment in content creation, with minor adjustments likely reflecting the timing of production and release schedules. The values remained within a narrow range, suggesting a consistent content strategy.
Investments: Investments showed a slight decline from $8.376 billion in March 2021 to $7.952 billion in December 2023, before recovering to $8.463 billion in June 2025. This suggests a conservative approach to investment activities, with potential adjustments based on market conditions or strategic priorities. The fluctuations were not substantial, indicating a relatively stable investment portfolio.
Property and Equipment: Property and equipment, net of accumulated depreciation, exhibited a consistent upward trend, increasing from $52.317 billion in March 2021 to $65.680 billion in December 2025. This suggests ongoing investment in infrastructure and long-term assets, potentially supporting business expansion or technological upgrades. The growth was relatively steady, indicating a planned and consistent capital expenditure strategy.
Goodwill and Intangible Assets: Goodwill experienced a notable decrease from $70.106 billion in March 2021 to $56.414 billion in September 2022, followed by a period of stabilization and modest growth, reaching $61.502 billion in December 2025. Intangible assets followed a similar pattern, decreasing from $94.226 billion to $81.839 billion over the same period, then showing slight recovery. These changes could be attributed to impairment charges, acquisitions, or amortization. The significant decline in goodwill warrants further investigation.
Franchise Rights and Other Intangible Assets: Franchise rights remained constant throughout the entire period at $59.365 billion. Other intangible assets, net of accumulated amortization, decreased steadily from $34.861 billion to $22.474 billion, likely due to amortization. This consistent decline suggests a predictable amortization schedule for these assets.
Other Noncurrent Assets: Other noncurrent assets demonstrated a moderate increase from $11.065 billion in March 2021 to $13.877 billion in December 2025, indicating a gradual accumulation of miscellaneous long-term assets. The growth was relatively consistent, suggesting a steady increase in these types of holdings.

In summary, the asset base demonstrated overall growth, driven primarily by increases in property and equipment. Significant fluctuations were observed in current assets and a notable decline in goodwill and intangible assets, which may warrant further scrutiny. The company appears to be consistently investing in content creation and long-term infrastructure, while managing its short-term liquidity and intangible asset values.

Assets: Selected Items

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Current Assets: Selected Items

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Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data