Comcast advertising spend, FY2025
Comcast (CMCSA) reported $8.9B of advertising expense for the fiscal year ended Dec 31, 2025. That is 7.2% of revenue of $124B. Up 9.8% from FY2024.
Key facts
- Ad spend is 1.5x its FY2015 level ($6B), slower than revenue (1.7x).
- FY2025 is the highest year on file, going back to FY2009.
- Largest increase +76.1% in FY2011; largest cut -11.5% in FY2020.
- Ad spend has risen 2 years in a row.
- Ad spend is 7.2% of revenue, up from 6.5% in FY2020.
- Comcast spends more on advertising than 99% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.4x the median of 5.2%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.9B | +9.8% | $124B | 7.2% | MarketingAndAdvertisingExpense | 10-K Feb 3, 2026 |
| FY2024 | Dec 31, 2024 | $8.1B | +1.3% | $124B | 6.5% | MarketingAndAdvertisingExpense | 10-K Feb 3, 2026 |
| FY2023 | Dec 31, 2023 | $8B | -6.3% | $122B | 6.6% | MarketingAndAdvertisingExpense | 10-K Feb 3, 2026 |
| FY2022 | Dec 31, 2022 | $8.5B | +10.5% | $121B | 7.0% | MarketingAndAdvertisingExpense | 10-K Jan 31, 2025 |
| FY2021 | Dec 31, 2021 | $7.7B | +14.2% | $116B | 6.6% | MarketingAndAdvertisingExpense | 10-K Jan 31, 2024 |
| FY2020 | Dec 31, 2020 | $6.7B | -11.5% | $104B | 6.5% | MarketingAndAdvertisingExpense | 10-K Feb 3, 2023 |
| FY2019 | Dec 31, 2019 | $7.6B | +8.3% | $109B | 7.0% | MarketingAndAdvertisingExpense | 10-K Feb 2, 2022 |
| FY2018 | Dec 31, 2018 | $7B | +7.9% | $94.5B | 7.4% | MarketingAndAdvertisingExpense | 10-K Feb 4, 2021 |
| FY2017 | Dec 31, 2017 | $6.5B | +3.6% | $85B | 7.7% | MarketingAndAdvertisingExpense | 10-K Jan 30, 2020 |
| FY2016 | Dec 31, 2016 | $6.3B | +5.6% | $80.7B | 7.8% | MarketingAndAdvertisingExpense | 10-K Jan 31, 2019 |
| FY2015 | Dec 31, 2015 | $6B | +16.8% | $74.5B | 8.0% | MarketingAndAdvertisingExpense | 10-K Jan 31, 2018 |
| FY2014 | Dec 31, 2014 | $5.1B | +2.5% | $68.8B | 7.4% | MarketingAndAdvertisingExpense | 10-K Feb 3, 2017 |
| FY2013 | Dec 31, 2013 | $5B | +3.0% | $64.7B | 7.7% | MarketingAndAdvertisingExpense | 10-K Feb 5, 2016 |
| FY2012 | Dec 31, 2012 | $4.8B | +13.9% | $62.6B | 7.7% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2015 |
| FY2011 | Dec 31, 2011 | $4.2B | +76.1% | $55.8B | 7.6% | MarketingAndAdvertisingExpense | 10-K Feb 12, 2014 |
| FY2010 | Dec 31, 2010 | $2.4B | +17.2% | $37.9B | 6.4% | MarketingAndAdvertisingExpense | 10-K Feb 21, 2013 |
| FY2009 | Dec 31, 2009 | $2.1B | n/a | $35.8B | 5.8% | MarketingAndAdvertisingExpense | 10-K Feb 23, 2012 |
What the figure is
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Compared with similar spenders
The 6 companies closest to Comcast in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 2 | JD.com | $12B | 6.4% | +82.7% | FY2025 |
| 3 | PDD Holdings (Temu) | $10.7B | 17.4% | +14.2% | FY2025 |
| 4 | Procter & Gamble | $10.2B | 11.7% | +10.9% | FY2026 |
| 5 | Alphabet (Google) | $9.9B | 2.5% | +13.8% | FY2025 |
| 6 | Comcast | $8.9B | 7.2% | +9.8% | FY2025 |
| 7 | Booking Holdings | $8.2B | 30.4% | +12.5% | FY2025 |
| 8 | Disney | $6.5B | 6.9% | +6.6% | FY2025 |
Questions
How much does Comcast spend on advertising?
Comcast spent $8.9B on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 3, 2026.
What percentage of revenue does Comcast spend on advertising?
7.2% of revenue in fiscal 2025 ($8.9B of $124B). The median across the 336 companies tracked is 5.2%.
Is Comcast spending more on advertising?
Yes. Ad spend rose 9.8% in fiscal 2025 from fiscal 2024. It has risen 2 years in a row.
How does Comcast rank by advertising spend?
#6 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does Comcast's advertising figure include?
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Source
- Filing
- 10-K for FY2025, filed Feb 3, 2026
- Accession number
0001628280-26-004994- Company
- COMCAST CORP, CIK 1166691, SIC 4841 (Cable & Other Pay Television Services)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Comcast advertising spend, FY2009-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 3, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/comcast/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies