Warner Bros. Discovery Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,566	5,312	3,780	3,731	3,905
Cash & Short-Term Investments	4,566	5,312	3,780	3,731	3,905
Cash Growth	-14.04%	40.53%	1.31%	-4.46%	86.75%
Accounts Receivable	5,294	4,947	6,047	6,380	2,446
Other Current Assets	3,346	3,819	4,391	3,888	913
Total Current Assets	13,206	14,078	14,218	13,999	7,264
Net Property, Plant & Equipment	6,685	6,087	5,957	5,301	1,336
Other Intangible Assets	27,764	32,299	38,285	44,982	6,317
Goodwill	25,933	25,667	34,969	34,438	12,912
Other Long-Term Assets	26,497	26,429	29,328	35,281	6,598
Total Assets	100,085	104,560	122,757	134,001	34,427
Accounts Payable	1,093	1,055	1,260	1,454	412
Accrued Expenses	9,626	10,438	10,368	11,504	2,230
Current Portion of Long-Term Debt	139	2,748	1,780	365	339
Unearned Revenue	1,642	1,569	1,924	1,694	478
Total Current Liabilities	12,500	15,810	15,332	15,017	3,459
Long-Term Debt	32,428	36,757	41,889	48,634	14,420
Other Long-Term Liabilities	17,991	17,055	19,064	21,683	3,152
Total Long-Term Liabilities	50,419	53,812	60,953	70,317	17,572
Total Liabilities	62,919	69,622	76,285	85,334	21,031
Common Stock	27	27	27	27	7
Treasury Stock	-8,244	-8,244	-8,244	-8,244	-8,244
Additional Paid-in Capital	56,055	55,560	55,112	54,630	11,086
Accumulated Other Comprehensive Income	-407	-1,067	-741	-1,523	-830
Retained Earnings	-11,512	-12,239	-928	2,205	9,580
Total Common Shareholders' Equity	35,919	34,037	45,226	47,095	11,599
Minority Interest	1,247	901	1,246	1,572	1,797
Shareholders' Equity	37,166	34,938	46,472	48,667	13,396
Total Liabilities & Equity	100,085	104,560	122,757	134,001	34,427
Total Debt	32,567	39,505	43,669	48,999	14,759
Net Cash (Debt)	-28,001	-34,193	-39,889	-45,268	-10,854
Net Cash Per Share	-11.07	-13.96	-16.38	-23.33	-16.35
Book Value	35,919	34,037	45,226	47,095	11,599
Book Value Per Share	14.20	13.89	18.57	24.28	17.47
Tangible Book Value	-17,778	-23,929	-28,028	-32,325	-7,630
Tangible Book Value Per Share	-7.03	-9.77	-11.51	-16.66	-11.49

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.