WBD Q1 2021 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q1 2021 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.8B+4.1% YoY

Gross Profit

$1.8B65.3% margin

Operating Income

$396M14.2% margin

Net Income

$140M5.0% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$269M

Free Cash Flow

$179M

Stock-Based Comp.

$64M

Balance Sheet

Total Assets

$33.6B

Total Liabilities

$21.1B

Stockholders' Equity

$10.8B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.7B	+4.1%
Gross Profit	$1.8B	$1.8B	+3.3%
Operating Income	$396M	$779M	-49.2%
Net Income	$140M	$377M	-62.9%

Revenue Segments

Advertising

$1.4B51%

Distribution Revenue

$1.3B47%

Service, Other

$67M2%