Archive · 31 Jul 2025
Comcast Reports Increased Q2 Earnings, Fueled by Hulu Sale, Theme Parks
Comcast, a big company that owns things like TV channels and theme parks, made more money in the last few months.
They sold their part of Hulu, which helped them earn a lot more money overall.
Their theme parks did really well, especially with the new 'How to Train Your Dragon' show and the upcoming 'Epic Universe' park.
Peacock, their streaming service, is still losing money, but less than before and the number of subscribers stayed the same.
Their wireless phone business did really well, and made even more money from its broadband and other services.
Comcast's Q2 revenue rose 2% to $30.3 billion.
Net income increased by 183% to $11.1 billion due to the sale of its Hulu stake.
Theme parks saw a 26% profit surge, with revenue up 19%.
Peacock's losses narrowed, with 41 million subscribers.
Wireless business had its best quarter, adding 378,000 lines.
- Who
- Comcast.
- What
- Comcast reported increased revenue and profit, with gains from theme parks and the sale of its Hulu stake.
- When
- During the second quarter ending in June.
- Where
- N/A
- Why
- Comcast saw gains due to the sale of their Hulu stake and strong performance from theme parks and wireless business.
- Total Revenue
- $30.3 billion
- Net Income Increase
- 183%
- Hulu Stake Sale Gain
- $9.2 billion
- Theme Park Profit Increase
- 26%
- Peacock Subscribers
- 41 million
- Wireless Lines Added
- 378,000