Comcast (CMCSA) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 23, 2026 astatine 9:07 AM CDT 35 min read

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Thursday, April 23, 2026 astatine 8:30 a.m. ET

• Chairman and Chief Executive Officer — Brian L. Roberts

• President and Co-Chief Executive Officer — Michael J. Cavanagh

• Chief Financial Officer — Jason S. Armstrong

• President, Connectivity and Platforms — Steve Crony

• Head of Investor Relations — Marci Ryvicker

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Brian L. Roberts: Good morning, and thanks, Marci Ryvicker. We are disconnected to a bully start. We person taken a hard look astatine some wherever the marketplace is and however we are performing and made immoderate existent changes. With our caller enactment structure, Mike is Co-CEO, taking the day-to-day pb connected improvements, and Steve is disconnected to a accelerated commencement afloat moving Connectivity and Platforms. I truly similar our team. Steve has brought successful cardinal caller endowment and has rapidly aligned a batch of the operations. Equally important, we person amended aligned everyone crossed the full institution astir a wide acceptable of priorities, with a consciousness of urgency to enactment successful harmony toward the important company-wide initiatives.

We person gone apical to bottommost successful the businesses looking astatine however we operate, however we service customers, and wherever we request to reset. As you volition perceive from Mike, Jason S. Armstrong, and Steve, it is inactive early, but the archetypal results are encouraging. We are starting to spot signs that our efforts are moving and we are shifting the businesses successful the close direction. I americium besides convinced that we person perfectly the champion products successful each of our markets. The accidental successful beforehand of america present is making definite customers truly spot that and consciousness it successful each acquisition and interaction point.

There is simply a existent vigor crossed the institution present to enactment unneurotic successful antithetic ways to instrumentality vantage of the large moments we have. Whether it is the mobile motorboat we conscionable announced, the Olympics, the Super Bowl, oregon Xfinity's caller rank program, these are opportunities to amusement up for consumers successful a mode that lone Comcast Corporation can, and link that crossed each of our maturation businesses. Net-net, I consciousness encouraged astir wherever we are. We person got the close leaders. We are making meaningful but important improvements. I consciousness bully astir these aboriginal results. Mike, implicit to you.

Michael J. Cavanagh: Thanks, Brian L. Roberts, and bully morning, everyone. Our absorption arsenic we statesman 2026 is connected executing against the priorities Brian L. Roberts conscionable highlighted. We are conscionable 1 4th into the twelvemonth but are pleased with the progress, truthful fto maine item immoderate of the first-quarter achievements. First, contempt what remains an incredibly aggravated competitory environment, broadband nett losses improved by much than 100,000 twelvemonth implicit year, the archetypal year-over-year betterment since 2020. We besides delivered the champion wireless nett additions of immoderate 4th successful our history. Together, these are aboriginal signs that the strategical pivot we person made successful our connectivity concern is underway.