COMCAST CORP — Form 8-K

Comcast reported Q2 2026 revenue of $29.9B (down 1.2% YoY) and Adjusted EBITDA of $8.9B (down 13.4% YoY). The company announced its intention to separate NBCUniversal and Sky into two independent publicly traded companies via tax-free spin-off. On a pro forma basis (excluding Versant and Germany Sky operations), revenue grew 4.7% and Adjusted EBITDA declined 5.3%. Key positives: Peacock achieved profitability for the first time with $189M EBITDA; wireless added 448K lines (best quarter); Business Services revenue grew 3.7% to $2.7B. Key negatives: residential broadband lost 167K customers; video lost 280K; adjusted EPS fell 16.7% to $1.04. Returned $2.1B to shareholders ($1.2B dividends, $900M buybacks); paused repurchase program to manage separation.