WBD Q1 2020 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q1 2020 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.7B-0.9% YoY

Gross Profit

$1.8B65.8% margin

Operating Income

$779M29.0% margin

Net Income

$377M14.1% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$335M

Free Cash Flow

$230M

Stock-Based Comp.

-$4M

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$22.0B

Stockholders' Equity

$9.5B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.7B	-0.9%
Gross Profit	$1.8B	$1.8B	-0.7%
Operating Income	$779M	$774M	+0.6%
Net Income	$377M	$384M	-1.8%

Revenue Segments

Advertising

$1.4B52%

Distribution Revenue

$1.2B46%

Service, Other

$58M2%