WBD Q3 2020 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q3 2020 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.6B-4.4% YoY

Gross Profit

$1.6B60.8% margin

Operating Income

$531M20.7% margin

Net Income

$300M11.7% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$860M

Free Cash Flow

$787M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$21.4B

Stockholders' Equity

$10.1B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.7B	-4.4%
Gross Profit	$1.6B	$1.8B	-11.7%
Operating Income	$531M	$619M	-14.2%
Net Income	$300M	$262M	+14.5%

Revenue Segments

Advertising

$1.3B51%

Distribution Revenue

$1.2B47%

Service, Other

$56M2%