WBD (Warner Bros. Discovery, Inc.) Stock Financials & Earnings

WBDWarner Bros. Discovery, Inc.

Mkt Cap$69B

Revenue (TTM)$37.3B

Net Income (TTM)$727M

EPS (TTM)$0.29

Free Cash Flow (TTM)$3.2B

Gross Margin44.0%

Op. Margin2.0%

Net Margin1.9%

FCF Margin8.5%

P/S Ratio (TTM)1.9x

P/E Ratio (TTM)95.2x

YoY Rev Growth-5.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$10.7B	$4.0B	-$557M
Q2 23	$10.4B	$3.7B	-$906M
Q3 23	$10.0B	$4.7B	$97M
Q4 23	$10.3B	$4.4B	-$182M
Q1 24	$10.0B	$3.9B	-$267M
Q2 24	$9.7B	$3.5B	-$10.2B
Q3 24	$9.6B	$4.4B	$281M
Q4 24	$10.0B	$4.5B	$162M
Q1 25	$9.0B	$3.8B	-$37M
Q2 25	$9.8B	$3.8B	-$185M
Q3 25	$9.0B	$4.5B	$611M
Q4 25	$9.5B	$4.2B	$349M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Advertising	Content Licensing Contracts	Distribution Revenue	Service, Other
Q1 23	$2.3B	$3.0B	$5.2B	$285M
Q2 23	$2.5B	$2.4B	$5.1B	$258M
Q3 23	$1.8B	$2.8B	$5.0B	$317M
Q4 23	$2.1B	$3.0B	$4.9B	$321M
Q1 24	$2.1B	$2.6B	$5.0B	$267M
Q2 24	$2.4B	$2.1B	$4.9B	$295M
Q3 24	$1.7B	$2.7B	$4.9B	$300M
Q4 24	$1.8B	$2.9B	$4.9B	$371M
Q1 25	$2.0B	$1.9B	$4.9B	$247M
Q2 25	$2.2B	$2.5B	$4.9B	$240M
Q3 25	$1.4B	$2.6B	$4.7B	$287M

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$2.6B	$0	$2.6B
Q2 23	$3.0B	$0	$3.0B
Q3 23	$2.4B	$0	$2.4B
Q4 23	$3.8B	$0	$3.8B
Q1 24	$3.0B	$0	$3.0B
Q2 24	$3.6B	$0	$3.6B
Q3 24	$3.3B	$0	$3.3B
Q4 24	$5.3B	$0	$5.3B
Q1 25	$3.9B	$0	$3.9B
Q2 25	$4.9B	$29M	$4.9B
Q3 25	$4.0B	$348M	$4.3B
Q4 25	$4.6B	$0	$4.6B

Shares Outstanding

Revenue Per Employee

Revenue / Employee