Peacock Narrows Q3 Loss to $217M as Subscribers Hold at 41M Amid Comcast Profit Decline

Comcast's streaming service Peacock narrowed its operating loss to $217 million in Q3 2025, down from $436 million in the same quarter last year, while maintaining a steady 41 million paid subscribers. Despite flat subscriber growth, Peacock's revenue dipped slightly to $1.4 billion, influenced by the absence of the 2024 Paris Olympics which had boosted prior-year revenue. Peacock's advertising revenue remained nearly flat, while subscription revenue increased due to price hikes. Comcast's overall media revenue declined, with domestic advertising and distribution revenues falling significantly when compared to the Olympic-boosted prior year. Comcast continues to face broadband customer losses but sees potential growth from its sports investments, including exclusive NBA and NFL streaming deals on Peacock. The company is also preparing a spinoff of its cable networks into a new entity, Versant, while retaining NBCUniversal assets like Peacock and NBC broadcast network.