Comcast Results Presentation Deck
NBCUniversal 1st Quarter 2022 Overview
Adj. EBITDA
y/y%
Revenue
$7,024
6
1Q21
$1,490
+46.6%
$10,296
Adjusted EBITDA ($M)
1Q21
1Q22
+7.4%
$1,601
($M)
1Q22
($M)
Media
Studios
Theme Parks
Revenue
y/y%
$6,865
+36.3%
$2,757
+15.1%
$1,560
+151.9%
$1,159
(21.3%)
$245
(50.7%)
$451
NM
Commentary
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Media revenue +6.9% excluding the 2022 Beijing Olympics and Super Bowl*
Distribution revenue +8.5% excluding Olympics*
Advertising revenue +4.0% excluding Olympics and Super Bowl*
Peacock revenue of $472M and Adjusted EBITDA loss of ($456M)
Adjusted EBITDA decreased 21.3%; excluding Peacock, Media Adjusted EBITDA
decreased 7.7% driven by programming and production costs associated with
the Olympics and Super Bowl, and the return of our full primetime schedule
Content licensing revenue +9.8%
Theatrical revenue increased by $129M
Adjusted EBITDA decreased 50.7%, primarily reflecting a difficult comparison to
last year's first quarter, which benefitted from an exclusive licensing deal with
Peacock for The Office, and higher marketing costs for upcoming films
Theme Parks revenue increased $941M to $1.6B
Exceptional demand at our domestic parks
Adjusted EBITDA increased $512M to $451M
Universal Orlando generated its highest Adjusted EBITDA on record for a
first quarter
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All percentages represent year/year growth rates.
*Media reported results for 1Q22 include the impacts of the 2022 Beijing Olympics and the NFL's Super Bowl. Refer to Notes page for further details.
See Notes on Slide 11View entire presentation