WBD Q2 2024 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q2 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$9.7B-6.2% YoY

Gross Profit

$3.5B36.1% margin

Operating Income

-$10.2B-105.1% margin

Net Income

-$10.0B-102.8% margin

EPS (Diluted)

$-4.07

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$976M

Stock-Based Comp.

$159M

Balance Sheet

Total Assets

$108.0B

Total Liabilities

$72.6B

Stockholders' Equity

$34.3B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.7B	$10.4B	-6.2%
Gross Profit	$3.5B	$3.7B	-5.7%
Operating Income	-$10.2B	-$906M	-1026.7%
Net Income	-$10.0B	-$1.2B	-705.3%

Revenue Segments

Distribution Revenue

$4.9B50%

Advertising

$2.4B25%

Content Licensing Contracts

$2.1B22%

Service, Other

$295M3%