Comcast Corporation: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-05-22
Other years: 2026 vs 2025 · 2024 vs 2023
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Comcast restructured its risk disclosure around operational metrics, with 11 risks removed and 11 added that largely mirror the same topics - notably "Customer Metrics" appearing three times in added risks while absent from removed risks, indicating increased emphasis on customer-related risk factors. The 37 substantively modified risks reflect significant changes to core business disclosures, including those addressing revenue, net income, adjusted EBITDA, cybersecurity threats, advertising market sensitivity, and business dependencies. This represents a comprehensive realignment of risk priorities rather than wholesale changes, with over half of the 75 total risks (37 modified, 16 unchanged) either maintained or substantially revised from 2024.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

11
New Risks
11
Removed
37
Modified
16
Unchanged
🟢 New in Current Filing Customer Metrics 🔒
🟢 New in Current Filing Theme Parks 🔒
🟢 New in Current Filing Customer Metrics 🔒
🟢 New in Current Filing Customer Metrics 🔒
🟢 New in Current Filing Adjusted EBITDA(a) 🔒
🟢 New in Current Filing Adjusted EBITDA(a) 🔒
🟢 New in Current Filing Residential Connectivity & Platforms Segment Results of Operations 🔒
🟢 New in Current Filing Residential Connectivity & Platforms Segment – Costs and Expenses 🔒
🟢 New in Current Filing Content & Experiences Overview 🔒
🟢 New in Current Filing Media Segment Results of Operations 🔒
🟢 New in Current Filing Media Segment – Revenue 🔒
🔴 No Match in Current Filing Capital Expenditures 🔒
🔴 No Match in Current Filing Theme Parks 🔒
🔴 No Match in Current Filing Adjusted EBITDA(a) 🔒
🔴 No Match in Current Filing Capital Expenditures 🔒
🔴 No Match in Current Filing Capital Expenditures 🔒
🔴 No Match in Current Filing Consolidated Net Income (Loss) Attributable to Noncontrolling Interests 🔒
🔴 No Match in Current Filing Residential Connectivity & Platforms Segment Results of Operations 🔒
🔴 No Match in Current Filing Residential Connectivity & Platforms Segment – Costs and Expenses 🔒
🔴 No Match in Current Filing Content & Experiences Overview 🔒
🔴 No Match in Current Filing Media Segment Results of Operations 🔒
🔴 No Match in Current Filing Media Segment – Revenue 🔒
🟡 Modified RevenueNet Income Attributable to Comcast CorporationAdjusted EBITDA 🔒
🟡 Modified A cyber attack, information or security breach, or technology disruption or failure may negatively impact our ability to conduct our business or result in the misuse of confidential information, all of which could adversely affect our business, reputation and results of operations. 🔒
🟡 Modified A decline in advertisers’ expenditures or changes in advertising markets could negatively impact our businesses. 🔒
🟡 Modified Our businesses depend on using and protecting certain intellectual property rights and on not infringing, misappropriating or otherwise violating the intellectual property rights of others. 🔒
🟡 Modified Constant Currency Change(g) 🔒
🟡 Modified Weak economic conditions may have a negative impact on our businesses. 🔒
🟡 Modified Natural disasters, severe weather and other uncontrollable events could adversely affect our business, reputation and results of operations. 🔒
🟡 Modified Residential Connectivity & Platforms Segment – Revenue 🔒
🟡 Modified Our businesses depend on keeping pace with technological developments. 🔒
🟡 Modified Adjusted EBITDA Margin(a) 🔒
🟡 Modified We are subject to regulation by federal, state, local and foreign authorities, which impose additional costs and restrictions on our businesses. 🔒
🟡 Modified Content & Experiences(a)(b) 🔒
🟡 Modified Content & Experiences(a)(b) 🔒
🟡 Modified We face risks relating to doing business internationally that could adversely affect our businesses. 🔒
🟡 Modified Our success depends on consumer acceptance of our content, and our businesses may be adversely affected if our content fails to achieve sufficient consumer acceptance. 🔒
🟡 Modified Business Services Connectivity 🔒
🟡 Modified Business Services Connectivity 🔒
🟡 Modified Business Services Connectivity 🔒
🟡 Modified Content & Experiences Business 🔒
🟡 Modified Stock Performance Graph 🔒
🟡 Modified Constant Currency Change(a) 🔒
🟡 Modified RevenueAdjusted EBITDA 🔒
🟡 Modified Changes in consumer behavior continue to adversely affect our businesses and challenge existing business models. 🔒
🟡 Modified Consolidated Income Tax Expense 🔒
🟡 Modified Consolidated Costs and Expenses 🔒
🟡 Modified Adjusted EBITDA 🔒
🟡 Modified Business Services Connectivity Segment Results of Operations 🔒
🟡 Modified Capital Expenditures 🔒
🟡 Modified Consolidated Net Income (Loss) Attributable to Noncontrolling Interests 🔒
🟡 Modified Connectivity & Platforms Overview 🔒
🟡 Modified Theme Parks 🔒
🟡 Modified Capital Expenditures 🔒
🟡 Modified Capital Expenditures 🔒
🟡 Modified Constant Currency Change(a) 🔒
🟡 Modified Consolidated Operating Results 🔒
🟡 Modified Consolidated Operating Results 🔒
🟡 Modified Theme Parks 🔒
59 changes in this historical filing

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