WBD Q3 2021 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q3 2021 Earnings

Communication Services Entertainment

Income Statement

Revenue

$3.1B+23.0% YoY

Gross Profit

$1.6B51.5% margin

Operating Income

$329M10.4% margin

Net Income

$156M5.0% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$811M

Free Cash Flow

$705M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$34.3B

Total Liabilities

$20.9B

Stockholders' Equity

$11.6B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.6B	+23.0%
Gross Profit	$1.6B	$1.6B	+4.0%
Operating Income	$329M	$531M	-38.0%
Net Income	$156M	$300M	-48.0%

Revenue Segments

Advertising

$1.5B46%

Distribution Revenue

$1.4B44%

Service, Other

$313M10%