Peacock Q3 2026 Earnings: Profit, Revenue and Subscribers
Comcast’s third-quarter report shows Peacock delivered its second consecutive profitable quarter. For the quarter ended September 30, 2026, Comcast reported $1.8 billion in Peacock revenue and $261 million in adjusted EBITDA. Paid subscribers increased 17% year over year to 48 million.
Comcast released the results on October 22. The company said Peacock’s performance was driven by strong growth in distribution. The reported revenue included FIFA World Cup-related amounts, so the quarter should be read in the context of the event as well as subscription and distribution trends.
Related guides: how to subscribe to Peacock, NBA on Peacock, and how many ads Peacock shows.
Peacock Q3 2026 results at a glance
| Metric | Q3 2026 | Year-over-year comparison |
|---|---|---|
| Revenue | $1.8 billion | About $1.4 billion in Q3 2025 (rounded figures) |
| Adjusted EBITDA | $261 million | Improved by $478 million from a $217 million loss |
| Paid subscribers | 48 million | Up 17% year over year |
| Profitability | Second consecutive profitable quarter | Following Peacock’s first profitable quarter in Q2 2026 |
What drove the quarter?
Comcast attributed Peacock’s result to strong distribution growth. The reported $1.8 billion of revenue included FIFA World Cup-related amounts. That means the headline total reflects both the platform’s ongoing subscription business and event-related viewing; it is not a pure measure of recurring subscription revenue.
Subscriber momentum continued as the paid base reached 48 million, up 17% from the year-earlier period. Comcast did not present that figure as a full-year forecast. It is a quarter-end subscriber count, not a measure of monthly active viewers or a promise about future additions.
Why the adjusted EBITDA result matters
Peacock’s $261 million in adjusted EBITDA was $478 million higher year over year, compared with a $217 million loss in Q3 2025. Comcast described this as the streamer’s second straight profitable quarter. Adjusted EBITDA is a company-defined operating measure; it is not the same as net income, free cash flow or the amount subscribers pay.
The year-over-year comparison is especially notable because Q3 2025 also included major sports-related programming. Comcast’s release reports rounded Peacock revenue of $1.8 billion versus $1.4 billion a year earlier. Those rounded amounts should not be used to calculate a precise growth rate.
What Comcast’s report does and does not tell viewers
The earnings release is a financial update, not a new Peacock plan announcement. It does not change the current subscription price, guarantee that a particular program will remain available, or describe a new feature. Check Peacock’s current plan page for the latest pricing and content lineup.
For basketball fans, the NBA’s 2026–27 schedule places games across ABC/ESPN, NBC/Peacock and Prime Video. Peacock is the streaming home for NBCUniversal’s NBA games, while games on other partners may require their respective services. See our guide to watching NBA games on Peacock and the Peacock NBA viewing features.
Where the figures come from
The figures above are from Comcast’s Q3 2026 earnings release filed with the SEC. Its reported Peacock figures include event-related revenue as described in the release. Comcast reports Peacock within its Media business; Peacock is not presented here as a standalone public company.
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Details reviewed October 23, 2026. Financial figures are rounded as reported by Comcast and may not sum due to rounding. Adjusted EBITDA is a non-GAAP measure as defined by Comcast. Peacock, Comcast and related marks belong to their respective owners. AmericanTV.com is an independent information resource.