WBD Q2 2019 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q2 2019 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.9B+1.4% YoY

Gross Profit

$1.9B67.5% margin

Operating Income

$911M31.6% margin

Net Income

$947M32.8% margin

EPS (Diluted)

$1.33

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$674M

Free Cash Flow

$596M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$33.8B

Total Liabilities

$22.2B

Stockholders' Equity

$9.6B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.8B	+1.4%
Gross Profit	$1.9B	$1.9B	+5.2%
Operating Income	$911M	$650M	+40.2%
Net Income	$947M	$216M	+338.4%

Revenue Segments

Advertising

$1.6B56%

Distribution Revenue

$1.2B42%

Service, Other

$60M2%