Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Comcast Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable and accrued expenses related to trade creditors
Deferred revenue
Accrued expenses and other current liabilities
Current portion of debt
Advance on sale of investment
Collateralized obligation
Current liabilities
Noncurrent portion of debt
Collateralized obligation
Deferred income taxes
Other noncurrent liabilities
Noncurrent liabilities
Total liabilities
Redeemable noncontrolling interests
Preferred stock; issued, zero
Class A common stock, $0.01 par value
Class B common stock, $0.01 par value
Additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive income (loss)
Total Comcast Corporation shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Accounts payable and accrued expenses related to trade creditors
The balances increased steadily from approximately $9.96 billion in March 2020 to a peak of around $12.46 billion in December 2020. Following this peak, values fluctuated slightly but generally remained in the range of $11.5 to $12.4 billion through mid-2025, indicating relative stability with minor declines observed toward 2025.
Deferred revenue
There is fluctuation over the period with a notable increase from around $2.6 billion in early 2020 to a peak near $3.57 billion in June 2021. Afterward, it varies between roughly $2.4 billion and $4.0 billion, with the most recent figures in 2025 around $3.8 to $4.0 billion, showing some recovery and growth in deferred revenue liabilities.
Accrued expenses and other current liabilities
Amounts show a decline from approximately $12 billion in March 2020 to about $9.7 billion in mid-2023, followed by some volatility and a spike to $13.3 billion in December 2023. The subsequent trend appears irregular but moves mostly within the $9.4 billion to $10.9 billion range into 2025, indicating occasional increases possibly related to operational or seasonal factors.
Current portion of debt
The current debt portion fluctuates considerably. Starting near $3 billion in early 2020, it rose to over $4.7 billion in March 2021, then experienced a sharp drop to below $700 million in September 2021. The trend continues with volatility, reaching a high of around $6.8 billion in June 2025, indicative of dynamic debt repayment or refinancing activities impacting short-term liabilities.
Advance on sale of investment
This line item appears only from March 2024 onward at a constant amount of $9.17 billion, indicating an infrequent event or transaction influencing the liabilities during this period.
Collateralized obligation (current and noncurrent)
Both current and noncurrent collateralized obligations show relatively constant figures around $5.17 billion in most reported periods. The appearance of current collateralized obligations in late 2022 suggests some reclassification or new transactions, yet totals remain stable, implying consistent commitments under these obligations.
Current liabilities
Current liabilities peaked around $40.2 billion in December 2023, after a generally increasing trend from about $27.6 billion in March 2020. The upward trajectory suggests increasing short-term obligations, although a decline to approximately $31.8 billion appears by mid-2025, reflecting possible debt repayments or changes in operational liabilities.
Noncurrent portion of debt
Figures for noncurrent debt show a gradual decline from about $100.6 billion in March 2020 to around $92.3 billion by mid-2025. This suggests systematic repayments or restructuring efforts reducing long-term debt obligations over the timeframe analyzed.
Deferred income taxes
This item remained relatively stable, fluctuating within the $25 billion to $29 billion range, peaking near $30 billion in 2021, but decreasing to about $25 billion in mid-2025. The stability reflects consistent tax-related liabilities with minor timing differences or changes in tax regulations impacting the liability.
Other noncurrent liabilities
Amounts hovered around $17-20 billion, with minor fluctuations. There is no significant upward or downward trend, indicating a steady level of other long-term liabilities.
Noncurrent liabilities
The total noncurrent liabilities gradually decreased from approximately $150.8 billion in March 2020 to around $138 billion in June 2025, reflecting the reduction in noncurrent debt and other long-term liabilities over the assessed period.
Total liabilities
Total liabilities remained in a narrow band between $173 billion and $183 billion, peaking in early 2021 and late 2024/early 2025. The overall stability combined with minor fluctuations indicates controlled management of both current and noncurrent obligations.
Redeemable noncontrolling interests
The balance decreased from approximately $1.26 billion in March 2020 to around $230 million by mid-2023, then remained relatively low through 2025. This trend suggests either buybacks, conversions, or maturities reducing this liability component.
Class A common stock and Additional paid-in capital
Class A common stock par value decreased gradually from $54 million to $46 million, consistent with possible share repurchases or cancellations. Additional paid-in capital experienced a slow decline from about $38.6 billion to $37.8 billion, indicating minor reductions in capital contributions or equity transactions over time.
Retained earnings
Retained earnings grew from approximately $51.5 billion in March 2020 to $66 billion by March 2025, reflecting cumulative profitability and earnings retention. The trend includes a dip in late 2022 before resuming growth, suggestive of a temporary drop possibly due to unusual expenses or losses during that period.
Treasury stock
The treasury stock balance remained steady at negative $7.5 billion, indicating consistent repurchase levels without significant changes in treasury holdings.
Accumulated other comprehensive income (loss)
This item exhibited substantial volatility, with positive spikes in 2020 reaching $1.9 billion followed by a severe decline into negative territory by 2022 at about -$4.5 billion. The figure then partially recovered, showing a mixed pattern that reflects fluctuations in unrealized gains and losses from foreign currency translation, pension adjustments, or other comprehensive income components.
Total shareholders’ equity and total equity
Total shareholders’ equity remained fairly consistent around $82 billion to $96 billion, with a peak in mid-2024 and some fluctuations. Total equity, which includes noncontrolling interests, mirrored these trends. The stability in equity alongside fluctuating liabilities suggests balanced capital management and retention of value.
Total liabilities and equity
The total of liabilities and equity showed a general upward trend from about $262 billion in March 2020 to roughly $274 billion in early 2025 with some fluctuations. The growth indicates expansion in the company's asset base and financing over the period reviewed.