About Warner Bros. Discovery, Inc.
https://ir.wbd.comWarner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC.
CEO
David M. Zaslav
Compensation Summary
(Year 2023)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2014-08-07 | Forward | 1957:1000 |
| 2008-09-18 | Reverse | 1:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 738
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades
Benchmark
Buy
Rothschild & Co
Buy
Argus Research
Buy
Guggenheim
Buy
B of A Securities
Buy
Citigroup
Buy
Grade Summary
Showing Top 6 of 20
Price Target
Institutional Ownership
VANGUARD GROUP INC
Shares:281.21M
Value:$8.05B
BLACKROCK, INC.
Shares:184.57M
Value:$5.28B
BLACKROCK INC.
Shares:165.19M
Value:$4.73B
Summary
Showing Top 3 of 1,342
About Warner Bros. Discovery, Inc.
https://ir.wbd.comWarner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $9.04B ▼ | $3.87B ▼ | $-148M ▼ | -1.64% ▼ | $-0.06 ▼ | $1.97B ▼ |
| Q2-2025 | $9.81B ▲ | $4.03B ▲ | $1.58B ▲ | 16.1% ▲ | $0.64 ▲ | $8.01B ▲ |
| Q1-2025 | $8.98B ▼ | $3.88B ▼ | $-453M ▲ | -5.05% ▼ | $-0.18 ▲ | $4.73B ▼ |
| Q4-2024 | $10.03B ▲ | $4.34B ▲ | $-494M ▼ | -4.93% ▼ | $-0.2 ▼ | $4.84B ▼ |
| Q3-2024 | $9.62B | $4.16B | $135M | 1.4% | $0.06 | $5.39B |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $4.33B ▼ | $100.52B ▼ | $63.21B ▼ | $36.02B ▼ |
| Q2-2025 | $4.92B ▲ | $101.73B ▲ | $64.38B ▼ | $36.05B ▲ |
| Q1-2025 | $3.87B ▼ | $101.68B ▼ | $66.51B ▼ | $33.84B ▼ |
| Q4-2024 | $5.31B ▲ | $104.56B ▼ | $69.62B ▼ | $34.04B ▼ |
| Q3-2024 | $3.34B | $106.33B | $70.16B | $35.1B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-143M ▼ | $979M ▼ | $-330M ▼ | $-1.24B ▼ | $-593M ▼ | $701M ▼ |
| Q2-2025 | $1.59B ▲ | $983M ▲ | $-236M ▼ | $9M ▲ | $917M ▲ | $702M ▲ |
| Q1-2025 | $-449M ▲ | $553M ▼ | $-195M ▼ | $-1.9B ▼ | $-1.44B ▼ | $302M ▼ |
| Q4-2024 | $-640M ▼ | $2.71B ▲ | $6M ▲ | $-600M ▲ | $1.93B ▲ | $2.43B ▲ |
| Q3-2024 | $141M | $847M | $-218M | $-875M | $-127M | $632M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Advertising | $1.83Bn ▲ | $1.98Bn ▲ | $2.22Bn ▲ | $1.41Bn ▼ |
 Content Licensing Contracts | $2.91Bn ▲ | $1.87Bn ▼ | $2.47Bn ▲ | $2.65Bn ▲ |
 Distribution Revenue | $4.92Bn ▲ | $4.89Bn ▼ | $4.88Bn ▼ | $4.70Bn ▼ |
 Service Other | $370.00M ▲ | $250.00M ▼ | $240.00M ▼ | $290.00M ▲ |
Revenue by Geography
| Region | Q1-2018 |
|---|---|
 NonUS | $1.10Bn ▲ |
 UNITED STATES | $1.21Bn ▲ |
CEO
David M. Zaslav
Compensation Summary
(Year 2023)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2014-08-07 | Forward | 1957:1000 |
| 2008-09-18 | Reverse | 1:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 738
Ratings Snapshot
Rating : B-
Most Recent Analyst Grades
Benchmark
Buy
Rothschild & Co
Buy
Argus Research
Buy
Guggenheim
Buy
B of A Securities
Buy
Citigroup
Buy
Grade Summary
Showing Top 6 of 20
Price Target
Institutional Ownership
VANGUARD GROUP INC
Shares:281.21M
Value:$8.05B
BLACKROCK, INC.
Shares:184.57M
Value:$5.28B
BLACKROCK INC.
Shares:165.19M
Value:$4.73B
Summary
Showing Top 3 of 1,342