WBDWarner Bros. Discovery, Inc.

$69B

Q2 2020 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.5B-11.9% YoY

Gross Profit

$1.7B68.1% margin

Operating Income

$717M28.2% margin

Net Income

$271M10.7% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

$991M

Free Cash Flow

$879M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$33.1B

Total Liabilities

$21.3B

Stockholders' Equity

$9.9B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.9B	-11.9%
Gross Profit	$1.7B	$1.9B	-11.1%
Operating Income	$717M	$911M	-21.3%
Net Income	$271M	$947M	-71.4%

Revenue Segments

Advertising

$1.3B50%

Distribution Revenue

$1.2B48%

Service, Other

$43M2%

WBD Q2 2020 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena