Universal's theme parks generated $2.41 billion in revenue during Comcast's second quarter of 2026, up 2.7% from the same period last year, according to the company's earnings release filed with the Securities and Exchange Commission.
Adjusted EBITDA, Comcast's segment profit measure, fell 5.1% to $609 million. Theme park operating expenses rose 5.7% to $1.81 billion.
Epic Universe Lifts Orlando Revenue
Comcast attributed the revenue increase to higher results at Universal Orlando following the May 2025 opening of Epic Universe. Lower revenue at its international parks offset part of that gain.
The company linked the increase in operating costs to its domestic parks. Epic Universe added a fourth gate to Universal Orlando when it opened last year.
Comcast did not separate Epic Universe attendance or revenue from the rest of the Orlando resort. The quarterly filing also does not provide attendance totals for Universal Studios Florida, Islands of Adventure or Volcano Bay.
UPDATE: Orlando Attendance Softens
Comcast executives added detail on the July 23 earnings call, saying attendance at Universal Orlando began to soften in June and remained under pressure into the third quarter. They described the decline as a broader Orlando demand issue rather than an Epic Universe-specific problem.
Epic Universe continued to meet the company's expectations, with strong guest response and higher per-person spending. Executives pointed to higher fuel and travel costs and weaker consumer sentiment as pressures on summer visitation.
The comments match a wider wait-time signal. BlogMickey's analysis found Walt Disney World posted waits in June and July running 6% to 13% below the same months in 2025 and near typical September levels. Posted waits are not an official attendance count, but they suggest the softness is not confined to Universal.
Peacock Posts Its First Profitable Quarter
Elsewhere in the same entertainment business, Peacock reported $189 million in adjusted EBITDA, its first profitable quarter. The streaming service ended the period with 48 million paid subscribers, up by two million from the end of March.
The results arrive while Comcast prepares to separate NBCUniversal, Sky and Universal's theme parks into a new public company. Comcast said in June that the transaction is expected to take about one year and remains subject to customary approvals.
Results: Comcast's second-quarter 2026 earnings release. Attendance update: Comcast earnings call and call transcript. Image: Comcast's NBCUniversal separation announcement.