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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
28.45
-0.08 (-0.28%)
Pre-market: Sep 1, 2026, 4:06 AM EDT

Warner Bros. Discovery Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Revenue
6,6746,7536,4926,1097,1016,8666,7476,6027,3097,1337,0006,8227,6547,4617,2477,0327,5592,8283,0022,781
Other Revenue
2,0432,1402,9682,9362,7112,1133,2803,0212,4042,8253,2843,1572,7043,2393,7612,7912,268331185369
Revenue
8,7178,8939,4609,0459,8128,97910,0279,6239,7139,95810,2849,97910,35810,70011,0089,8239,8273,1593,1873,150
Revenue Growth (YoY)
-11.16%-0.96%-5.66%-6.01%1.02%-9.83%-2.50%-3.57%-6.23%-6.93%-6.58%1.59%5.40%238.72%245.40%211.84%220.93%13.15%10.43%23.00%
Cost of Revenue
4,6214,6015,1194,5285,9675,0965,4575,0366,2046,0586,0005,1186,6366,5896,9035,6276,6251,2361,0621,529
Gross Profit
4,0964,2924,3414,5173,8453,8834,5704,5873,5093,9004,2844,8613,7224,1114,1054,1963,2021,9232,1251,621
Selling, General & Admin
2,4922,3022,3282,3522,4572,1152,2852,3232,4172,1722,4012,2782,5772,3412,4452,5302,5559531,026931
Operating Expenses
3,6513,5283,6433,7273,9043,6623,9284,0854,1614,0604,4254,2674,4914,3994,6144,7634,8211,4781,5651,272
Operating Income
445764698790-59221642502-652-160-141594-769-288-509-567-1,619445560349
Interest Expense
-514-584-587-570-469-470-412-529-522-498-504-564-518-576-618-550-518344-335-43
Interest & Investment Income
34223647596438496360514340452820----
Earnings From Equity Investments
28-5-39175-7-32-18-23-48-9-14-22-37-25-78-43-142-9
Currency Exchange Gain (Loss)
38-46-11-678041-126-15-65-13919-772-8537-60-9811101-2
Other Non Operating Income (Expenses)
12-11-150-123-20237-484-21-192111815-9210-4
EBT Excluding Unusual Items
43140-53205-381-171133-4-1,203-701-605-37-1,265-930-1,069-1,220-2,287788338291
Merger & Restructuring Charges
-185-377-235-99-97-134-283-42-168-116-112-300-193-142-1,264-1,580-2,016-92-46-20
Impairment of Goodwill
---------9,100-----------
Gain (Loss) on Sale of Investments
-31-24--13-5189-1516-2-11-39-87-863-20-93-38
Gain (Loss) on Sale of Assets
---------------117---71-
Asset Writedown
-23-56-114-82-26-125-261-150-295-1288-215-6-127-4-43-4--77-
Other Unusual Items
-75-2,827-8-12,958-4422354225-22-5------10-
Pretax Income
-271-3,120-408272,454-434-356-178-10,035-819-613-532-1,480-1,238-2,541-2,851-4,244676183233
Income Tax Expense
-433-214-16117086615284-319-7136-221-125-260-178-462-566-8362019236
Earnings From Continuing Operations
162-2,906-247-1431,588-449-640141-10,028-955-392-407-1,220-1,060-2,079-2,285-3,40847591197
Minority Interest in Earnings
-13-10-5-5-8-4146-642-11-8-10-20-9-22-23-10-19-53-41
Net Income
149-2,916-252-1481,580-453-494135-9,986-966-400-417-1,240-1,069-2,101-2,308-3,41845638156
Preferred Dividends & Other Adjustments
---1----1--4-------49-1017
Net Income to Common
149-2,916-251-1481,580-453-493135-9,986-970-400-417-1,240-1,069-2,101-2,308-3,41840748139
Net Income Growth (YoY)
-90.57%----------------225.60%-80.41%-47.55%
Shares Outstanding (Basic)
2,5112,4922,4812,4792,4772,4622,4542,4532,4512,4432,4392,4382,4372,4322,4292,4282,286591588589
Shares Outstanding (Diluted)
2,5752,4922,4812,4792,4992,4622,4542,4702,4512,4432,4392,4382,4372,4322,4292,4282,286665661663
Shares Change (YoY)
3.04%1.22%1.10%0.36%1.96%0.78%0.61%1.31%0.57%0.45%0.41%0.41%6.60%265.71%267.47%266.21%244.28%-0.30%-12.31%-13.76%
EPS (Basic)
0.06-1.17-0.10-0.060.64-0.18-0.200.06-4.07-0.40-0.16-0.17-0.51-0.44-0.86-0.95-1.500.690.080.24
EPS (Diluted)
0.06-1.17-0.10-0.060.63-0.18-0.200.05-4.07-0.40-0.16-0.17-0.51-0.44-0.86-0.95-1.500.690.080.24
EPS Growth (YoY)
-90.58%----------------226.69%-57.85%-38.88%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
572-4761,3837017023022,4296329763903,3102,0591,722-9302,482-192789238784705
Free Cash Flow Per Share
0.22-0.190.560.280.280.120.990.260.400.161.360.840.71-0.381.02-0.080.340.361.191.06
Gross Margin
46.99%48.26%45.89%49.94%39.19%43.24%45.58%47.67%36.13%39.16%41.66%48.71%35.93%38.42%37.29%42.72%32.58%60.87%66.68%51.46%
Operating Margin
5.10%8.59%7.38%8.73%-0.60%2.46%6.40%5.22%-6.71%-1.61%-1.37%5.95%-7.42%-2.69%-4.62%-5.77%-16.48%14.09%17.57%11.08%
Profit Margin
1.71%-32.79%-2.65%-1.64%16.10%-5.04%-4.92%1.40%-102.81%-9.74%-3.89%-4.18%-11.97%-9.99%-19.09%-23.50%-34.78%12.88%1.51%4.41%
Free Cash Flow Margin
6.56%-5.35%14.62%7.75%7.16%3.36%24.22%6.57%10.05%3.92%32.19%20.63%16.63%-8.69%22.55%-1.96%8.03%7.53%24.60%22.38%
EBITDA
1,6041,9902,0132,1651,3881,7682,2852,2641,0921,7281,8832,5831,1451,7701,6601,6666479701,099690
EBITDA Margin
18.40%22.38%21.28%23.94%14.15%19.69%22.79%23.53%11.24%17.35%18.31%25.88%11.05%16.54%15.08%16.96%6.58%30.71%34.48%21.91%
D&A For EBITDA
1,1591,2261,3151,3751,4471,5471,6431,7621,7441,8882,0241,9891,9142,0582,1692,2332,266525539341
EBIT
445764698790-59221642502-652-160-141594-769-288-509-567-1,619445560349
EBIT Margin
5.10%8.59%7.38%8.73%-0.60%2.46%6.40%5.22%-6.71%-1.61%-1.37%5.95%-7.42%-2.69%-4.62%-5.77%-16.48%14.09%17.57%11.08%
Effective Tax Rate
---629.63%35.29%------------29.73%50.27%15.45%
Revenue as Reported
8,7178,8939,4609,0459,8128,97910,0279,6239,7139,95810,2849,97910,35810,70011,0089,8239,8273,1593,1873,150
SEC Filings: 10-K · 10-Q