Universal Parks / Business

Universal Theme Parks Revenue Fell 4.4% as Adjusted EBITDA Dropped 17.1% in Q3

Comcast reported $2.597 billion in third-quarter Theme Parks revenue, down 4.4%, while Adjusted EBITDA fell 17.1% to $780 million.

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Image Credit: Universal Orlando Resort

Comcast's Theme Parks business reported $2.597 billion in revenue for the third quarter of 2026, down 4.4% from the same period last year.

Adjusted EBITDA fell 17.1% to $780 million, compared with $940 million a year earlier. Comcast reported the results Thursday, Oct. 22, for the three months ending Sept. 30.

Admissions revenue and expenses moved in opposite directions

Comcast attributed the revenue decline primarily to lower park-admissions revenue, including the effect of increased promotional activity. Theme Parks operating expenses rose 2.3% to $1.817 billion from $1.777 billion.

The company said the expense increase came mainly from costs at its domestic parks, partly offset by lower operating costs at its international parks. The figures cover Comcast's global Theme Parks segment. Adjusted EBITDA is the company's reported segment measure, not net profit.

Source: Comcast's third-quarter 2026 results.

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