Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	40,579	41,321	33,817	12,191	10,671	11,144
Revenue Growth (YoY)	-1.88%	22.19%	177.39%	14.24%	-4.24%	5.60%
Cost of Revenue	23,899	24,526	20,442	4,620	3,860	3,819
Gross Profit	16,680	16,795	13,375	7,571	6,811	7,325
Selling, General & Admin	9,540	9,696	9,678	4,016	2,722	2,788
Other Operating Expenses	8,398	8,647	11,067	1,543	1,574	1,528
Operating Expenses	17,938	18,343	20,745	5,559	4,296	4,316
Operating Income	-1,258	-1,548	-7,370	2,012	2,515	3,009
Interest Expense / Income	2,165	2,221	1,777	633	648	677
Other Expense / Income	70	141	-113	137	275	182
Pretax Income	-3,493	-3,910	-9,034	1,242	1,592	2,150
Income Tax	-470	-784	-1,663	236	373	81
Net Income	-3,023	-3,126	-7,371	1,006	1,219	2,069
Net Income Growth	-	-	-	-17.47%	-41.08%	248.32%
Shares Outstanding (Basic)	2,443	2,436	1,940	588	599	529
Shares Outstanding (Diluted)	2,443	2,436	1,940	664	672	711
Shares Change	0.45%	25.57%	192.17%	-1.19%	-5.49%	3.34%
EPS (Basic)	-1.24	-1.28	-3.82	1.55	1.82	2.90
EPS (Diluted)	-1.24	-1.28	-3.82	1.54	1.81	2.88
EPS Growth	-	-	-	-14.92%	-37.15%	234.88%
Free Cash Flow	7,481	6,161	3,317	2,425	2,337	3,110
Free Cash Flow Per Share	3.06	2.53	1.71	4.12	3.90	5.88
Gross Margin	41.11%	40.65%	39.55%	62.10%	63.83%	65.73%
Operating Margin	-3.10%	-3.75%	-21.79%	16.50%	23.57%	27.00%
Profit Margin	-7.45%	-7.57%	-21.80%	8.25%	11.42%	18.57%
Free Cash Flow Margin	18.44%	14.91%	9.81%	19.89%	21.90%	27.91%
Effective Tax Rate	-	-	-	19.00%	23.43%	3.77%
EBITDA	6,487	6,296	-64	3,457	3,599	4,174
EBITDA Margin	15.99%	15.24%	-0.19%	28.36%	33.73%	37.46%
Depreciation & Amortization	7,815	7,985	7,193	1,582	1,359	1,347
EBIT	-1,328	-1,689	-7,257	1,875	2,240	2,827
EBIT Margin	-3.27%	-4.09%	-21.46%	15.38%	20.99%	25.37%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).