| Warner Bros. Discovery, Inc. |
Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
Balance Sheet Date | | | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | 2020-Dec-31 | 2020-Sep-30 | 2020-Jun-30 | 2020-Mar-31 | 2019-Dec-31 | 2019-Sep-30 | 2019-Jun-30 | 2019-Mar-31 | 2018-Dec-31 | 2018-Sep-30 | 2018-Jun-30 | 2018-Mar-31 | 2017-Dec-31 | 2017-Sep-30 | 2017-Jun-30 | 2017-Mar-31 | 2016-Dec-31 | 2016-Sep-30 | 2016-Jun-30 | 2016-Mar-31 | 2015-Dec-31 | 2015-Sep-30 | 2015-Jun-30 | 2015-Mar-31 | 2014-Dec-31 | 2014-Sep-30 | 2014-Jun-30 | 2014-Mar-31 | 2013-Dec-31 |
Fiscal Period | | | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | Q2-FY2017 | Q1-FY2017 | Q4-FY2016 | Q3-FY2016 | Q2-FY2016 | Q1-FY2016 | Q4-FY2015 | Q3-FY2015 | Q2-FY2015 | Q1-FY2015 | Q4-FY2014 | Q3-FY2014 | Q2-FY2014 | Q1-FY2014 | Q4-FY2013 |
Total Revenue | | | 9,812,000,000$ | 8,979,000,000$ | 10,027,000,000$ | 9,623,000,000$ | 9,713,000,000$ | 9,958,000,000$ | 10,284,000,000$ | 9,979,000,000$ | 10,358,000,000$ | 10,700,000,000$ | 11,008,000,000$ | 9,823,000,000$ | 9,827,000,000$ | 3,159,000,000$ | 3,187,000,000$ | 3,150,000,000$ | 3,062,000,000$ | 2,792,000,000$ | 2,886,000,000$ | 2,561,000,000$ | 2,541,000,000$ | 2,683,000,000$ | 2,874,000,000$ | 2,678,000,000$ | 2,885,000,000$ | 2,707,000,000$ | 2,809,000,000$ | 2,592,000,000$ | 2,845,000,000$ | 2,307,000,000$ | 1,864,000,000$ | 1,651,000,000$ | 1,745,000,000$ | 1,613,000,000$ | 1,672,000,000$ | 1,556,000,000$ | 1,708,000,000$ | 1,561,000,000$ | 1,646,000,000$ | 1,557,000,000$ | 1,654,000,000$ | 1,537,000,000$ | 1,676,000,000$ | 1,568,000,000$ | 1,610,000,000$ | 1,411,000,000$ | 1,537,000,000$ |
Cost Of Revenue | | | 5,967,000,000$ | 5,131,000,000$ | 5,527,000,000$ | 5,181,000,000$ | 6,204,000,000$ | 6,058,000,000$ | 5,896,000,000$ | 5,309,000,000$ | 6,636,000,000$ | 6,685,000,000$ | 6,954,000,000$ | 5,627,000,000$ | 6,625,000,000$ | 1,236,000,000$ | 0$ | 1,529,000,000$ | 1,055,000,000$ | 969,000,000$ | 0$ | 1,003,000,000$ | 810,000,000$ | 918,000,000$ | 0$ | 914,000,000$ | 938,000,000$ | 930,000,000$ | 946,000,000$ | 934,000,000$ | 995,000,000$ | 1,060,000,000$ | 745,000,000$ | 670,000,000$ | 634,000,000$ | 607,000,000$ | 645,000,000$ | 592,000,000$ | 603,000,000$ | 592,000,000$ | 640,000,000$ | 574,000,000$ | 564,000,000$ | 565,000,000$ | 598,000,000$ | 529,000,000$ | 515,000,000$ | 482,000,000$ | 475,000,000$ |
Gross Profit | | | 3,845,000,000$ | 3,848,000,000$ | 4,500,000,000$ | 4,442,000,000$ | 3,509,000,000$ | 3,900,000,000$ | 4,388,000,000$ | 4,670,000,000$ | 3,722,000,000$ | 4,015,000,000$ | 4,054,000,000$ | 4,196,000,000$ | 3,202,000,000$ | 1,923,000,000$ | 3,187,000,000$ | 1,621,000,000$ | 2,007,000,000$ | 1,823,000,000$ | 2,886,000,000$ | 1,558,000,000$ | 1,731,000,000$ | 1,765,000,000$ | 2,874,000,000$ | 1,764,000,000$ | 1,947,000,000$ | 1,777,000,000$ | 1,863,000,000$ | 1,658,000,000$ | 1,850,000,000$ | 1,247,000,000$ | 1,119,000,000$ | 981,000,000$ | 1,111,000,000$ | 1,006,000,000$ | 1,027,000,000$ | 964,000,000$ | 1,105,000,000$ | 969,000,000$ | 1,006,000,000$ | 983,000,000$ | 1,090,000,000$ | 972,000,000$ | 1,078,000,000$ | 1,039,000,000$ | 1,095,000,000$ | 929,000,000$ | 1,062,000,000$ |
Gross Margin | | | 39.19% | 42.86% | 44.88% | 46.16% | 36.13% | 39.16% | 42.67% | 46.80% | 35.93% | 37.52% | 36.83% | 42.72% | 32.58% | 60.87% | 100.00% | 51.46% | 65.55% | 65.29% | 100.00% | 60.84% | 68.12% | 65.79% | 100.00% | 65.87% | 67.49% | 65.65% | 66.32% | 63.97% | 65.03% | 54.05% | 60.03% | 59.42% | 63.67% | 62.37% | 61.42% | 61.95% | 64.70% | 62.08% | 61.12% | 63.13% | 65.90% | 63.24% | 64.32% | 66.26% | 68.01% | 65.84% | 69.10% |
Operating Expenses | | | 3,924,000,000$ | 3,741,000,000$ | 3,861,000,000$ | 4,147,000,000$ | 4,205,000,000$ | 4,120,000,000$ | 4,479,000,000$ | 4,280,000,000$ | 4,476,000,000$ | 4,446,000,000$ | 4,680,000,000$ | 4,822,000,000$ | 5,804,000,000$ | 1,565,000,000$ | 1,608,000,000$ | 1,285,000,000$ | 1,293,000,000$ | 1,412,000,000$ | 1,167,000,000$ | 974,000,000$ | 969,000,000$ | 971,000,000$ | 1,126,000,000$ | 982,000,000$ | 1,029,000,000$ | 998,000,000$ | 1,054,000,000$ | 1,065,000,000$ | 1,097,000,000$ | 802,000,000$ | 597,000,000$ | 537,000,000$ | 469,000,000$ | 495,000,000$ | 546,000,000$ | 499,000,000$ | 480,000,000$ | 487,000,000$ | 532,000,000$ | 474,000,000$ | 512,000,000$ | 481,000,000$ | 531,000,000$ | 517,000,000$ | 481,000,000$ | 492,000,000$ | 535,000,000$ |
Operating Income | | | (79,000,000$) | 107,000,000$ | 639,000,000$ | 295,000,000$ | (696,000,000$) | (220,000,000$) | (91,000,000$) | 390,000,000$ | (754,000,000$) | (431,000,000$) | (626,000,000$) | (626,000,000$) | (2,602,000,000$) | 358,000,000$ | 1,579,000,000$ | 336,000,000$ | 714,000,000$ | 411,000,000$ | 1,719,000,000$ | 584,000,000$ | 762,000,000$ | 794,000,000$ | 1,748,000,000$ | 782,000,000$ | 918,000,000$ | 779,000,000$ | 809,000,000$ | 593,000,000$ | 753,000,000$ | 445,000,000$ | 522,000,000$ | 444,000,000$ | 642,000,000$ | 511,000,000$ | 481,000,000$ | 465,000,000$ | 625,000,000$ | 482,000,000$ | 474,000,000$ | 509,000,000$ | 578,000,000$ | 491,000,000$ | 547,000,000$ | 522,000,000$ | 614,000,000$ | 437,000,000$ | 527,000,000$ |
Other Income | | | 2,533,000,000$ | (541,000,000$) | (995,000,000$) | (473,000,000$) | (9,339,000,000$) | (84,000,000$) | (20,000,000$) | (348,000,000$) | (152,000,000$) | (236,000,000$) | (1,357,000,000$) | (1,670,000,000$) | (1,131,000,000$) | 471,000,000$ | (1,242,000,000$) | 56,000,000$ | 163,000,000$ | 49,000,000$ | (1,140,000,000$) | (104,000,000$) | (145,000,000$) | (94,000,000$) | (1,023,000,000$) | (175,000,000$) | (41,000,000$) | (26,000,000$) | (144,000,000$) | (230,000,000$) | (190,000,000$) | (285,000,000$) | (1,415,000,000$) | (144,000,000$) | (169,000,000$) | (235,000,000$) | (21,000,000$) | (144,000,000$) | (115,000,000$) | (102,000,000$) | (131,000,000$) | (96,000,000$) | (150,000,000$) | (116,000,000$) | (183,000,000$) | (80,000,000$) | (22,000,000$) | (88,000,000$) | (68,000,000$) |
Interest Income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Expenses | | | | | | | | 515,000,000$ | 502,000,000$ | 574,000,000$ | 574,000,000$ | 571,000,000$ | 558,000,000$ | 555,000,000$ | 511,000,000$ | 153,000,000$ | 154,000,000$ | 159,000,000$ | 157,000,000$ | 163,000,000$ | 163,000,000$ | 161,000,000$ | 161,000,000$ | 163,000,000$ | 162,000,000$ | 163,000,000$ | 161,000,000$ | 182,000,000$ | 171,000,000$ | 185,000,000$ | 196,000,000$ | 177,000,000$ | 157,000,000$ | 136,000,000$ | | | | | | | | | | | | | | | |
Income Before Tax | | | 2,454,000,000$ | (434,000,000$) | (356,000,000$) | (178,000,000$) | (10,035,000,000$) | (819,000,000$) | (613,000,000$) | (532,000,000$) | (1,480,000,000$) | (1,238,000,000$) | (2,541,000,000$) | (2,851,000,000$) | (4,244,000,000$) | 676,000,000$ | 183,000,000$ | 233,000,000$ | 720,000,000$ | 297,000,000$ | 416,000,000$ | 319,000,000$ | 456,000,000$ | 537,000,000$ | 563,000,000$ | 444,000,000$ | 716,000,000$ | 571,000,000$ | 494,000,000$ | 178,000,000$ | 367,000,000$ | (17,000,000$) | (1,050,000,000$) | 164,000,000$ | 473,000,000$ | 276,000,000$ | 460,000,000$ | 321,000,000$ | 510,000,000$ | 380,000,000$ | 343,000,000$ | 413,000,000$ | 428,000,000$ | 375,000,000$ | 364,000,000$ | 442,000,000$ | 592,000,000$ | 349,000,000$ | 459,000,000$ |
Tax Expenses | | | 866,000,000$ | 15,000,000$ | 284,000,000$ | (319,000,000$) | (7,000,000$) | 136,000,000$ | (221,000,000$) | (125,000,000$) | (260,000,000$) | (178,000,000$) | (462,000,000$) | (566,000,000$) | (836,000,000$) | 201,000,000$ | 92,000,000$ | 36,000,000$ | 2,000,000$ | 106,000,000$ | 98,000,000$ | (11,000,000$) | 156,000,000$ | 130,000,000$ | 52,000,000$ | 147,000,000$ | (271,000,000$) | 153,000,000$ | 195,000,000$ | 43,000,000$ | 123,000,000$ | (20,000,000$) | 87,000,000$ | (59,000,000$) | 93,000,000$ | 55,000,000$ | 151,000,000$ | 96,000,000$ | 95,000,000$ | 111,000,000$ | 117,000,000$ | 130,000,000$ | 139,000,000$ | 125,000,000$ | 129,000,000$ | 155,000,000$ | 208,000,000$ | 118,000,000$ | 169,000,000$ |
Income from Continuing Operations | | | 1,588,000,000$ | (449,000,000$) | (640,000,000$) | 141,000,000$ | (10,028,000,000$) | (955,000,000$) | (392,000,000$) | (407,000,000$) | (1,220,000,000$) | (1,060,000,000$) | (2,079,000,000$) | (2,285,000,000$) | (3,408,000,000$) | 475,000,000$ | 91,000,000$ | 197,000,000$ | 718,000,000$ | 191,000,000$ | 318,000,000$ | 330,000,000$ | 300,000,000$ | 407,000,000$ | 511,000,000$ | 297,000,000$ | 987,000,000$ | 418,000,000$ | 299,000,000$ | 135,000,000$ | 244,000,000$ | 3,000,000$ | (1,137,000,000$) | 223,000,000$ | 380,000,000$ | 221,000,000$ | 309,000,000$ | 225,000,000$ | 415,000,000$ | 269,000,000$ | 226,000,000$ | 283,000,000$ | 289,000,000$ | 250,000,000$ | 235,000,000$ | 287,000,000$ | 384,000,000$ | 231,000,000$ | 290,000,000$ |
Income from Discontinued Operations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 0$ |
Consolidated Income | | | 1,580,000,000$ | (453,000,000$) | (494,000,000$) | 135,000,000$ | (9,986,000,000$) | (966,000,000$) | (400,000,000$) | (417,000,000$) | (1,240,000,000$) | (1,069,000,000$) | (2,101,000,000$) | (2,308,000,000$) | (3,418,000,000$) | 456,000,000$ | 38,000,000$ | 156,000,000$ | 672,000,000$ | 140,000,000$ | 271,000,000$ | 300,000,000$ | 271,000,000$ | 377,000,000$ | 476,000,000$ | 262,000,000$ | 947,000,000$ | 384,000,000$ | 269,000,000$ | 117,000,000$ | 216,000,000$ | (8,000,000$) | (1,144,000,000$) | 218,000,000$ | 374,000,000$ | 215,000,000$ | 304,000,000$ | 219,000,000$ | 408,000,000$ | 263,000,000$ | 219,000,000$ | 279,000,000$ | 286,000,000$ | 250,000,000$ | 250,000,000$ | 280,000,000$ | 379,000,000$ | 230,000,000$ | 289,000,000$ |
Net Income | | | 1,580,000,000$ | (453,000,000$) | (494,000,000$) | 135,000,000$ | (9,986,000,000$) | (966,000,000$) | (400,000,000$) | (417,000,000$) | (1,240,000,000$) | (1,069,000,000$) | (2,101,000,000$) | (2,308,000,000$) | (3,418,000,000$) | 456,000,000$ | 38,000,000$ | 156,000,000$ | 672,000,000$ | 140,000,000$ | 271,000,000$ | 300,000,000$ | 271,000,000$ | 377,000,000$ | 476,000,000$ | 262,000,000$ | 947,000,000$ | 384,000,000$ | 269,000,000$ | 117,000,000$ | 216,000,000$ | (8,000,000$) | (1,144,000,000$) | 218,000,000$ | 374,000,000$ | 215,000,000$ | 304,000,000$ | 219,000,000$ | 408,000,000$ | 263,000,000$ | 219,000,000$ | 279,000,000$ | 286,000,000$ | 250,000,000$ | 250,000,000$ | 280,000,000$ | 379,000,000$ | 230,000,000$ | 289,000,000$ |
Profit Margin | | | 16.10% | (5.05%) | (4.93%) | 1.40% | (102.81%) | (9.70%) | (3.89%) | (4.18%) | (11.97%) | (9.99%) | (19.09%) | (23.50%) | (34.78%) | 14.44% | 1.19% | 4.95% | 21.95% | 5.01% | 9.39% | 11.71% | 10.67% | 14.05% | 16.56% | 9.78% | 32.83% | 14.19% | 9.58% | 4.51% | 7.59% | (.35%) | (61.37%) | 13.20% | 21.43% | 13.33% | 18.18% | 14.08% | 23.89% | 16.85% | 13.31% | 17.92% | 17.29% | 16.27% | 14.92% | 17.86% | 23.54% | 16.30% | 18.80% |
Earnings to Minority | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 0$ |
Earnings to Common Shareholders | | | 1,580,000,000$ | (453,000,000$) | (493,000,000$) | 135,000,000$ | (9,986,000,000$) | (970,000,000$) | (400,000,000$) | (417,000,000$) | (1,240,000,000$) | (1,069,000,000$) | (2,101,000,000$) | (2,308,000,000$) | (3,418,000,000$) | 407,000,000$ | 48,000,000$ | 139,000,000$ | 600,000,000$ | 125,000,000$ | 245,000,000$ | 265,000,000$ | 243,000,000$ | 338,000,000$ | 425,000,000$ | 225,000,000$ | 854,000,000$ | 341,000,000$ | 244,000,000$ | 105,000,000$ | 189,000,000$ | (7,000,000$) | (1,004,000,000$) | 191,000,000$ | 328,000,000$ | 189,000,000$ | 268,000,000$ | 193,000,000$ | 314,000,000$ | 204,000,000$ | 282,000,000$ | 218,000,000$ | 224,000,000$ | 197,000,000$ | 197,000,000$ | 222,000,000$ | 299,000,000$ | 184,000,000$ | 288,000,000$ |
Earnings Per Share, Basic | | | 0.64$ | (0.18$) | (0.20$) | 0.06$ | (4.07$) | (0.40$) | (0.16$) | (0.17$) | (0.51$) | (0.44$) | (0.86$) | (0.95$) | (1.50$) | 0.69$ | 0.08$ | 0.24$ | 1.02$ | 0.21$ | | | | | | | | | | | | | | | | | | | | | | | | | | | 0.87$ | 0.53$ | 0.82$ |
Earnings Per Share, Diluted | | | 0.63$ | (0.18$) | (0.20$) | 0.05$ | (4.07$) | (0.40$) | (0.16$) | (0.17$) | (0.51$) | (0.44$) | (0.88$) | (0.95$) | (1.50$) | 0.61$ | 0.07$ | 0.21$ | 0.90$ | 0.19$ | | | | | | | | | | | | | | | | | | | | | | | | | | | 0.86$ | 0.52$ | 0.81$ |
Average Shares, Basic | | | 2,477,000,000 | 2,462,000,000 | 2,453,000,000 | 2,453,000,000 | 2,451,000,000 | 2,443,000,000 | 2,437,000,000 | 2,438,000,000 | 2,437,000,000 | 2,432,000,000 | 2,455,000,000 | 2,428,000,000 | 2,286,000,000 | 591,000,000 | 589,000,000 | 589,000,000 | 589,000,000 | 585,000,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 343,000,000 | 348,000,000 | 350,000,000 |
Average Shares, Diluted | | | 2,499,000,000 | 2,462,000,000 | 2,436,000,000 | 2,470,000,000 | 2,451,000,000 | 2,443,000,000 | 2,437,000,000 | 2,438,000,000 | 2,437,000,000 | 2,432,000,000 | 2,381,000,000 | 2,428,000,000 | 2,286,000,000 | 665,000,000 | 662,000,000 | 663,000,000 | 664,000,000 | 667,000,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 346,000,000 | 352,000,000 | 355,000,000 |
EBIT | | | 2,454,000,000$ | (434,000,000$) | (356,000,000$) | (178,000,000$) | (10,035,000,000$) | (304,000,000$) | (111,000,000$) | 42,000,000$ | (906,000,000$) | (667,000,000$) | (1,983,000,000$) | (2,296,000,000$) | (3,733,000,000$) | 829,000,000$ | 337,000,000$ | 392,000,000$ | 877,000,000$ | 460,000,000$ | 579,000,000$ | 480,000,000$ | 617,000,000$ | 700,000,000$ | 725,000,000$ | 607,000,000$ | 877,000,000$ | 753,000,000$ | 665,000,000$ | 363,000,000$ | 563,000,000$ | 160,000,000$ | (893,000,000$) | 300,000,000$ | 473,000,000$ | 276,000,000$ | 460,000,000$ | 321,000,000$ | 510,000,000$ | 380,000,000$ | 343,000,000$ | 413,000,000$ | 428,000,000$ | 375,000,000$ | 364,000,000$ | 442,000,000$ | 592,000,000$ | 349,000,000$ | 459,000,000$ |
EBITDA | | | 3,901,000,000$ | 1,113,000,000$ | 1,287,000,000$ | 1,584,000,000$ | (8,291,000,000$) | 1,584,000,000$ | 1,913,000,000$ | 2,031,000,000$ | 1,008,000,000$ | 1,391,000,000$ | 186,000,000$ | (63,000,000$) | (1,467,000,000$) | 1,354,000,000$ | 876,000,000$ | 733,000,000$ | 1,218,000,000$ | 821,000,000$ | 937,000,000$ | 821,000,000$ | 951,000,000$ | 1,026,000,000$ | 1,058,000,000$ | 929,000,000$ | 1,197,000,000$ | 1,125,000,000$ | 1,062,000,000$ | 761,000,000$ | 973,000,000$ | 353,000,000$ | (803,000,000$) | 380,000,000$ | 553,000,000$ | 356,000,000$ | 543,000,000$ | 401,000,000$ | 590,000,000$ | 459,000,000$ | 430,000,000$ | 493,000,000$ | 510,000,000$ | 456,000,000$ | 450,000,000$ | 527,000,000$ | 667,000,000$ | 432,000,000$ | 545,000,000$ |