Peacock Turns First Profit: $189M Adjusted EBITDA in Q2 2026 After $432M Prior-Quarter Loss

Peacock posted its first quarterly profit since launching in 2020, recording $189 million in adjusted EBITDA for Q2 2026 — a swing from a $432 million loss in Q1. The service added 2 million subscribers to reach 48 million. FIFA World Cup, NBA playoffs, and Love Island USA drove the result. Executives cautioned profitability will vary by quarter based on sports schedules.