WBD Q4 2025 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q4 2025 Earnings

Communication Services Entertainment

Income Statement

Revenue

$9.5B-5.7% YoY

Gross Profit

$4.2B44.8% margin

Operating Income

$349M3.7% margin

Net Income

-$252M-2.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$1.4B

Stock-Based Comp.

$352M

Balance Sheet

Total Assets

$100.1B

Total Liabilities

$62.9B

Stockholders' Equity

$35.9B

Cash & Equivalents

$4.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.5B	$10.0B	-5.7%
Gross Profit	$4.2B	$4.5B	-5.8%
Operating Income	$349M	$162M	+115.4%
Net Income	-$252M	-$494M	+49.0%