The media giant’s earnings fall as it faces tough comparisons to the 2024 Paris Olympics and a growing shift away from traditional cable.

Comcast’s Earnings Take a Hit

October 30, 2025: Comcast Corporation has reported a decline in its third-quarter profit, citing challenging year-over-year comparisons due to the boost it received from the 2024 Paris Olympics and continued subscriber losses from cord-cutting. The company’s revenue and operating income both dipped as streaming competition and changing viewing habits reshape the media landscape.

Executives noted that while broadband and theme park divisions remained relatively steady, the absence of Olympic advertising revenue — which significantly lifted last year’s Q3 results — led to a notable dip in profit margins this quarter.

Cord-Cutting Continues to Impact Cable Division

Comcast’s traditional cable TV segment continues to feel the effects of industry-wide cord-cutting, with a reported loss of hundreds of thousands of pay-TV subscribers in Q3 alone. Consumers are increasingly turning to streaming services like Peacock, Netflix, and Disney+, forcing the company to double down on digital expansion.

The company’s streaming platform, Peacock, saw modest growth in paid subscribers but still faces profitability challenges despite a growing content library and exclusive sports offerings.

Looking Ahead: Diversification and Recovery Plans

Comcast executives remain optimistic about long-term growth through diversification, particularly in broadband, theme parks, and content production. The company is also preparing for major upcoming sporting events and new original programming to boost engagement on Peacock.

Despite the quarterly dip, analysts believe Comcast’s strong infrastructure and brand portfolio will help it navigate the ongoing shift from cable to streaming.