Comcast Corporation disclosed changes to its segment reporting structure and customer metrics beginning in the first quarter of 2026, including pro forma financial information recast retrospectively for the separation of Versant Media Group, Inc. completed on January 2, 2026. Updated trending schedules for revenue, costs and expenses excluding depreciation and amortization, Adjusted EBITDA, and customer metrics are provided in Exhibit 99.1.
Key takeaways
Versant Media Group, Inc. separation completed January 2, 2026, becoming independent publicly traded company on Nasdaq under ticker VSNT.
Pro forma consolidated revenue for FY 2025: $117,742 million.
Total Connectivity & Platforms revenue FY 2025: $81,069 million, change (0.4)% from 2024.
Media segment adjusted to exclude historical results of Versant and regional sports networks reclassified to Corporate and other.