Warner Bros. Discovery, Inc. (WBD)
NASDAQ: WBD · Real-Time Price · USD
28.53
-0.24 (-0.83%)
At close: Aug 31, 2026, 4:00 PM EDT
28.51
-0.02 (-0.07%)
After-hours: Aug 31, 2026, 7:49 PM EDT
Warner Bros. Discovery Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 3,369 | 4,566 | 5,312 | 3,780 | 3,731 | 3,905 |
Short-Term Investments | 42 | 17 | 17 | 17 | 10 | 40 |
Trading Asset Securities | - | - | - | 7 | - | 170 |
Cash & Short-Term Investments | 3,411 | 4,583 | 5,329 | 3,804 | 3,741 | 4,115 |
Cash Growth | -30.63% | -14.00% | 40.09% | 1.68% | -9.09% | 93.83% |
Accounts Receivable | 3,148 | 3,064 | 2,908 | 4,532 | 4,596 | 2,446 |
Other Receivables | - | 1,072 | 979 | - | - | - |
Receivables | 3,148 | 4,136 | 3,887 | 4,532 | 4,596 | 2,446 |
Prepaid Expenses | 4,088 | - | - | 2,437 | 2,144 | - |
Restricted Cash | 4 | 4 | 104 | 539 | 199 | - |
Other Current Assets | 1,888 | 4,483 | 4,758 | 2,906 | 3,319 | 703 |
Total Current Assets | 12,539 | 13,206 | 14,078 | 14,218 | 13,999 | 7,264 |
Property, Plant & Equipment | 6,652 | 8,082 | 7,214 | 7,730 | 7,541 | 1,500 |
Long-Term Investments | 1,165 | 1,250 | 1,331 | 1,470 | 1,578 | 1,145 |
Goodwill | 25,861 | 25,933 | 25,667 | 34,969 | 34,438 | 12,912 |
Other Intangible Assets | 45,167 | 48,230 | 52,647 | 60,815 | 72,583 | 10,520 |
Long-Term Deferred Tax Assets | - | 622 | 613 | 697 | 689 | 755 |
Other Long-Term Assets | 5,864 | 2,762 | 3,010 | 2,858 | 3,173 | 331 |
Total Assets | 97,248 | 100,085 | 104,560 | 122,757 | 134,001 | 34,427 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Accounts Payable | 1,060 | 1,093 | 1,055 | 1,260 | 1,454 | 412 |
Accrued Expenses | 12,076 | 8,524 | 9,380 | 9,962 | 11,077 | 2,110 |
Current Portion of Long-Term Debt | 1,493 | 139 | 2,748 | 1,780 | 365 | 339 |
Current Portion of Leases | - | 434 | 414 | 406 | 427 | 120 |
Current Unearned Revenue | 1,514 | 1,642 | 1,569 | 1,924 | 1,694 | 478 |
Other Current Liabilities | - | 668 | 644 | - | - | - |
Total Current Liabilities | 16,143 | 12,500 | 15,810 | 15,332 | 15,017 | 3,459 |
Long-Term Debt | 30,530 | 32,428 | 36,757 | 41,894 | 48,634 | 14,425 |
Long-Term Leases | - | 3,760 | 3,087 | 3,210 | 3,176 | 764 |
Long-Term Unearned Revenue | 342 | 355 | 206 | 160 | 361 | 95 |
Pension & Post-Retirement Benefits | - | 230 | 248 | 264 | 292 | 39 |
Long-Term Deferred Tax Liabilities | 5,579 | 6,383 | 6,985 | 8,736 | 11,014 | 1,225 |
Other Long-Term Liabilities | 10,659 | 7,263 | 6,529 | 6,689 | 6,840 | 1,024 |
Total Liabilities | 63,253 | 62,919 | 69,622 | 76,285 | 85,334 | 21,031 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Common Stock | 27 | 27 | 27 | 27 | 27 | 7 |
Additional Paid-In Capital | 56,022 | 56,055 | 55,560 | 55,112 | 54,630 | 11,086 |
Retained Earnings | -14,279 | -11,512 | -12,239 | -928 | 2,205 | 9,580 |
Treasury Stock | -8,244 | -8,244 | -8,244 | -8,244 | -8,244 | -8,244 |
Comprehensive Income & Other | -688 | -407 | -1,067 | -741 | -1,523 | -830 |
Total Common Equity | 32,838 | 35,919 | 34,037 | 45,226 | 47,095 | 11,599 |
Minority Interest | 1,157 | 1,247 | 901 | 1,246 | 1,572 | 1,797 |
Shareholders' Equity | 33,995 | 37,166 | 34,938 | 46,472 | 48,667 | 13,396 |
Total Liabilities & Equity | 97,248 | 100,085 | 104,560 | 122,757 | 134,001 | 34,427 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 32,023 | 36,761 | 43,006 | 47,290 | 52,602 | 15,648 |
Net Cash (Debt) | -28,612 | -32,178 | -37,677 | -43,486 | -48,861 | -11,533 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -11.49 | -12.72 | -15.38 | -17.85 | -25.19 | -17.37 |
Filing Date Shares Outstanding | 2,511 | 2,480 | 2,455 | 2,440 | 2,430 | 506.25 |
Total Common Shares Outstanding | 2,508 | 2,480 | 2,454 | 2,439 | 2,430 | 658.57 |
Working Capital | -3,604 | 706 | -1,732 | -1,114 | -1,018 | 3,805 |
Book Value Per Share | 13.09 | 14.48 | 13.87 | 18.54 | 19.38 | 17.61 |
Tangible Book Value | -38,190 | -38,244 | -44,277 | -50,558 | -59,926 | -11,833 |
Tangible Book Value Per Share | -15.23 | -15.42 | -18.04 | -20.73 | -24.66 | -17.97 |
Land | - | 4,038 | 3,832 | 4,013 | 3,251 | 481 |
Machinery | - | 3,071 | 2,613 | 2,056 | 1,682 | 1,139 |
Construction In Progress | - | 819 | 601 | 344 | 568 | 141 |