WBD Q2 2023 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q2 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$10.4B+5.4% YoY

Gross Profit

$3.7B35.9% margin

Operating Income

-$906M-8.7% margin

Net Income

-$1.2B-12.0% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$1.7B

Stock-Based Comp.

$137M

Balance Sheet

Total Assets

$128.6B

Total Liabilities

$81.8B

Stockholders' Equity

$45.5B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.4B	$9.8B	+5.4%
Gross Profit	$3.7B	$3.2B	+16.2%
Operating Income	-$906M	-$3.6B	+75.1%
Net Income	-$1.2B	-$3.4B	+63.7%

Revenue Segments

Distribution Revenue

$5.1B50%

Advertising

$2.5B24%

Content Licensing Contracts

$2.4B24%

Service, Other

$258M2%