WBD Q3 2023 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q3 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$10.0B+1.6% YoY

Gross Profit

$4.7B46.8% margin

Operating Income

$97M1.0% margin

Net Income

-$417M-4.2% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$2.5B

Free Cash Flow

$2.1B

Stock-Based Comp.

$143M

Balance Sheet

Total Assets

$123.7B

Total Liabilities

$77.6B

Stockholders' Equity

$44.8B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.0B	$9.8B	+1.6%
Gross Profit	$4.7B	$4.2B	+11.3%
Operating Income	$97M	-$2.2B	+104.4%
Net Income	-$417M	-$2.3B	+81.9%

Revenue Segments

Distribution Revenue

$5.0B50%

Content Licensing Contracts

$2.8B28%

Advertising

$1.8B18%

Service, Other

$317M3%