After six years of operation and plenty of criticism, despite a large array of top-tier live sports, Peacock is finally a profitable entity.
Comcast said Thursday that the streaming service at least reached profitability in the second quarter of 2026, boosted in part by the early portion of Telemundo’s Spanish-language coverage of the FIFA men’s World Cup, also streamed on Peacock.
During the quarter, Peacock generated $1.9 billion in revenue and earnings of $189 million, while also rising to 48 million subscribers, an increase of 2 million from the first quarter. While that latest subscriber total still significantly trails many other general entertainment streaming competitors such as Netflix, Disney+, HBO Max, Hulu, and Paramount+, Comcast lauded the service’s continued progress, calling it a “milestone event.”
“In six years, it’s gotten to incredible scale at a pace that we’re very proud of and very much dovetails with the strategy for how we build and program NBC itself,” said Comcast co-CEO Mike Cavanagh.
“The factors at work in managing the Peacock business alongside the other assets in the media segment, which we’ve long talked about as being the real objective, not Peacock profitability unto itself, are paying off,” he said.
