WBD — Warner Bros. Discovery, Inc.

Nasdaq · Communication Services · Media · CIK 1437107 ·
Last close
$26.74
Market Cap
$67.04B
52W High
$27.76
52W Low
$25.91
ADV30
22,627,300
Next earnings
2026-08-06
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, Turner Classic Movies, and other brands. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 8,893,000,000 4,250,000,000 549,000,000 -2,916,000,000 97,837,000,000 3,264,000,000 64,130,000,000
Dec 2025 9,460,000,000 4,237,000,000 536,000,000 -252,000,000 100,085,000,000 4,566,000,000 62,919,000,000
Sep 2025 9,045,000,000 4,481,000,000 745,000,000 -148,000,000 100,519,000,000 4,294,000,000 63,214,000,000
Jun 2025 9,812,000,000 3,845,000,000 -79,000,000 1,580,000,000 101,727,000,000 4,888,000,000 64,381,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$4,319,000,000
Investing CF
$-1,179,000,000
Financing CF
$-4,240,000,000
CapEx
$-1,231,000,000
Dividends Paid
Buybacks
EPS Diluted TTM
$0.19
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-11,512,000,000
Inventory
Receivables
$6,366,000,000
ST Investments
EBIT TTM
$3,724,000,000
Pretax Income TTM
$1,639,000,000
Interest Exp TTM
$2,085,000,000
Analysts
12

Yahoo Snapshot (yfinance, live)

Total Revenue
$37,210,001,408
EBITDA
$7,584,000,000
Free Cash Flow
$18,466,875,392
Enterprise Value
$97,339,834,368
Total Cash
$3,296,000,000
Total Debt
$32,465,999,872
Shares Out
2,507,136,702
Trailing EPS
$-0.70
Book Value
$12.99
ROE
-5.0%
ROA
1.4%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 37,296,000,000 1,309,000,000 727,000,000 100,085,000,000 62,919,000,000 4,319,000,000
Dec 2024 39,321,000,000 18,000,000 -11,311,000,000 104,560,000,000 69,622,000,000 5,375,000,000
Dec 2023 41,321,000,000 -886,000,000 -3,126,000,000 122,757,000,000 76,285,000,000 7,477,000,000
Dec 2022 33,817,000,000 -3,496,000,000 -7,371,000,000 134,001,000,000 85,334,000,000 4,304,000,000

TTM Snapshot

Revenues TTM
$32,575,000,000
NetIncome TTM
$-2,434,000,000
OpCashFlow TTM
$0
Assets (Latest)
$104,560,000,000
Forward EPS
$0.04

Max Pain — expiry 2026-07-02

max pain strike: $27.00 · spot: $27.01 · call oi: 43,123 · put oi: 15,632
Expected Move to 2026-07-02: ±$0.80 (2.96%) — implied range $26.21$27.81 · ATM straddle on $27.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
CMCSA COMCAST CORP $82.55B $23.17
FWONK Liberty Media Corp $20.67B $92.17
CHTR CHARTER COMMUNICATIONS, INC. /MO/ $18.87B $133.64
ROKU ROKU, INC $17.87B $135.40
RCI ROGERS COMMUNICATIONS INC $14.95B $34.84

News headlines (Yahoo Finance, 1h cache)

Adobe downgraded, Roblox upgraded: Wall Street's top analyst calls
2026-06-29 13:44 · Yahoo
Comcast to Separate Media and Technology Businesses in Spinoff
2026-06-29 13:12 · Yahoo
Here Are Monday’s Best Wall Street Analyst Research Calls: Adobe, Applovin, Casey’s General Stores, CrowdStrike, Honeywell Aerospace, Salesforce, Synaptics, Terawulf, and More
2026-06-29 12:21 · Yahoo
Paramount Skydance (PSKY) Nears EU Approval For Warner Bros. Discovery Deal
2026-06-26 12:08 · Yahoo
Is Warner Bros. Discovery’s Lifestyle Merchandising Strategy Deepening the DC Brand or Diluting Focus for WBD?
2026-06-25 19:07 · Yahoo
Warner Bros. Discovery (WBD) Teams With AWS As Supergirl Watch Extends DC Reach
2026-06-25 16:09 · Yahoo
Warner Bros. Discovery (WBD) Advances While Market Declines: Some Information for Investors
2026-06-24 22:00 · Yahoo
4 Reasons Netflix Stock Is a Must-Own Now After the Plunge
2026-06-24 18:07 · Yahoo
Market Chatter: Paramount Skydance Prepared to Divest Universal JV to Address EU Concerns Over Warner Deal
2026-06-24 17:10 · Yahoo
Warner Bros. Discovery Gains on Report EU Regulators Will Approve Paramount Deal (WBD)
2026-06-24 12:43 · Yahoo

Recent Insider Activity

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