Peacock Reports First-Ever Profitable Quarter, Hits 48 Million Subscribers
The NBCUniversal streamer posted an EBITDA of $189 million, driven by sports and film hits, as parent company Comcast plans a major corporate split.
“While we are seeing some near-term softness in Theme Parks, we remain confident in the long-term opportunity, supported by our world-class brands, attractive locations and proven ability to create attractions and experiences that drive real consumer demand,”
Peacock has reported its first-ever profitable quarter, according to Comcast's second-quarter earnings report.
The NBCUniversal streaming service posted an EBITDA of $189 million, with subscribers growing to 48 million. The growth was driven by coverage of the NBA playoffs, FIFA World Cup, and the reality series Love Island.
What drove the profit?
The subscriber growth and profitability mark a significant milestone for the service, which launched almost six years ago.
A major driver was the company's studios division, where revenue soared 25 percent to $3 billion. This surge was powered by the performance of The Super Mario Galaxy Movie and the film Obsession.
What is Comcast's next move?
Comcast is currently executing a plan to split the company in two. The separation will create a distinct Comcast cable and connectivity business, led by CEO Michael Angelakis, and a separate entertainment and content business, led by Mike Cavanagh.
While the streaming and studios businesses showed strength, Comcast warned of "near-term softness" in its theme parks division.
Sources
Frequently Asked Questions
How many subscribers does Peacock have now?
As of the second quarter of 2026, Peacock has 48 million subscribers, according to Comcast's earnings report.
What is the status of Comcast's planned corporate split?
Comcast is in the process of splitting itself into two separate companies: one for its cable and connectivity business and another for its entertainment and content business. The split is currently underway.
Which films contributed to the studio revenue growth?
Comcast cited The Super Mario Galaxy Movie and the film Obsession as key drivers for its studios division, which saw a 25 percent revenue increase to $3 billion.
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