CCZ Q2 2018 Earnings Report — Comcast Holdings Corp. Revenue & Financial Results | Market Cap Arena

Comcast Holdings Corp.CCZ

Q2 2018 Earnings

Reported July 26, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$21.7B	—	$21.2B	—	2.7%
Op. Income	$5.0B	—	$4.6B	—	10.0%
Gross Margin	71.0%	—	70.0%	—	1.0pp
Net Margin	14.8%	—	11.9%	—	2.9pp
EPS (Diluted)	$0.69	—	$0.52	—	32.7%
Free Cash Flow	$4.3B	—	$2.4B	—	78.4%

Revenue Flow

Item	Amount
REVENUE	$21.7B
Cost of Revenue	$6.3B
GROSS PROFIT	$15.4B
R&D Expenses	$0
Selling & Marketing	$1.7B
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$48M
Operating Expenses	$10.4B
Cost & Expenses	$16.7B
OPERATING INCOME	$5.0B
Interest Income	$0
Interest Expense	$806M
Other Income/Expenses	-$729M
INCOME BEFORE TAX	$4.3B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.2B
D&A	$2.4B
EBIT	$5.1B
EBITDA	$7.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$21.7B
Cost of Revenue	$6.3B
GROSS PROFIT	$15.4B
R&D Expenses	$0
Selling & Marketing	$1.7B
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$48M
Operating Expenses	$10.4B
Cost & Expenses	$16.7B
OPERATING INCOME	$5.0B
Interest Income	$0
Interest Expense	$806M
Other Income/Expenses	-$729M
INCOME BEFORE TAX	$4.3B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.2B
D&A	$2.4B
EBIT	$5.1B
EBITDA	$7.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.2B
Depreciation & Amortization	$2.4B
Stock-Based Compensation	$211M
Deferred Income Tax	$425M
Other Non-Cash Items	$102M
Change in Working Capital	$714M
OPERATING CASH FLOW	$7.1B
Capital Expenditure	-$2.8B
Acquisitions (Net)	-$115M
Purchases of Investments	-$318M
Sales/Maturities of Investments	$32M
Other Investing Activities	$148M
NET CASH FROM INVESTING	-$3.0B
Net Debt Issuance	-$1.9B
Common Stock Repurchased	-$1.3B
Common Dividends Paid	-$878M
Other Financing Activities	-$316M
NET CASH FROM FINANCING	-$4.4B
FREE CASH FLOW	$4.3B
Net Change in Cash	-$335M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.7B
Short-Term Investments	$0
Net Receivables	$8.8B
Inventory	$0
Other Current Assets	$3.6B
TOTAL CURRENT ASSETS	$18.2B
PP&E (Net)	$39.4B
Goodwill	$36.9B
Intangible Assets	$85.6B
Long-Term Investments	$7.4B
Tax Assets	$25.1B
Other Non-Current Assets	-$21.4B
TOTAL NON-CURRENT ASSETS	$173.0B
TOTAL ASSETS	$191.2B
Account Payables	$6.9B
Short-Term Debt	$2.6B
Deferred Revenue	$1.7B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$19.0B
Long-Term Debt	$61.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$25.1B
Other Non-Current Liabilities	$12.1B
TOTAL NON-CURRENT LIABILITIES	$99.2B
TOTAL LIABILITIES	$118.2B
Common Stock	$54M
Additional Paid-In Capital	$37.4B
Retained Earnings	$40.3B
Treasury Stock	-$7.5B
Accum. Other Comp. Income	$461M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$70.7B
Minority Interest	$2.4B
TOTAL EQUITY	$73.1B
TOTAL LIABILITIES & EQUITY	$191.2B
Total Debt	$64.6B
Net Debt	$58.9B