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WARNER BROS. DISCOVERY, INC.

CIK: 1437107 SIC: 4841
$37.86B
Revenue
$485.00M
Net Income
44.04%
Gross Margin
1.46%
Op. Margin
$5.44B
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 50 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $9.04B $9.81B $8.98B $10.03B $9.62B $9.71B
Revenue Growth % (YoY) -6.0% 1.0% nan% nan% nan% nan%
Cost of Revenue $4.56B $5.97B $5.13B $5.53B $5.18B $6.20B
+ Gross Profit $4.48B $3.85B $3.85B $4.50B $4.44B $3.51B
Gross Margin % 49.5% 39.2% 42.9% 44.9% 46.2% 36.1%
Operating Expenses $8.43B $10.00B $9.02B $9.87B $9.34B $19.92B
Selling General & Admin $2.36B $2.48B $2.19B $2.22B $2.38B $2.46B
+ Operating Income $611.00M $-185.00M $-37.00M $162.00M $281.00M $-10.21B
Operating Margin % 6.8% -1.9% -0.4% 1.6% 2.9% -105.1%
Interest Expense $570.00M $463.00M $468.00M $490.00M $494.00M $518.00M
Other Income/Expense $-30.00M $139.00M $82.00M $-38.00M $30.00M $172.00M
Income Before Tax $27.00M $2.45B $-434.00M $-356.00M $-178.00M $-10.04B
Income Tax Expense $170.00M $866.00M $15.00M $284.00M $-319.00M $-7.00M
+ Net Income $-148.00M $1.58B $-453.00M $-494.00M $135.00M $-9.99B
Net Margin % -1.6% 16.1% -5.0% -4.9% 1.4% -102.8%
Basic EPS -0.06 0.64 -0.18 -0.20 0.06 -4.07
Diluted EPS -0.06 0.63 -0.18 -0.20 0.05 -4.07
Basic Shares Outstanding 2.48B 2.48B 2.46B 1.0M 2.45B 2.45B
Diluted Shares Outstanding 2.48B 2.50B 2.46B 1.0M 2.47B 2.45B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $4.29B $4.89B $3.87B $5.31B $3.34B $3.61B
Accounts Receivable $5.13B $5.38B $4.66B $4.95B $5.53B $6.17B
Other Current Assets $3.64B $3.34B $4.25B $3.82B $3.63B $3.65B
Total Current Assets $13.06B $13.61B $12.78B $14.08B $12.51B $13.43B
Goodwill $25.92B $25.94B $25.75B $25.67B $25.87B $25.74B
Intangible Assets $28.79B $29.91B $31.03B $32.30B $33.77B $35.16B
Other Non-current Assets $7.13B $7.04B $7.09B $7.33B $8.00B $7.65B
Total Assets $100.52B $101.73B $101.68B $104.56B $106.33B $108.03B
Accounts Payable $1.08B $1.07B $1.01B $1.05B $1.12B $1.15B
Accrued Liabilities $9.29B $10.22B $9.90B $10.44B $10.00B $10.93B
Deferred Revenue $1.65B $1.53B $1.60B $1.57B $1.53B $2.02B
Total Current Liabilities $12.16B $13.04B $15.29B $15.81B $15.70B $17.77B
Long-term Debt $33.38B $34.41B $34.65B $36.76B $37.17B $37.29B
Deferred Tax Liabilities $6.71B $6.49B $6.71B $6.99B $7.34B $7.81B
Other Non-current Liabilities $10.96B $10.44B $9.86B $10.07B $9.96B $9.75B
Total Liabilities $63.21B $64.38B $66.51B $69.62B $70.16B $72.61B
Common Stock $27.00M $27.00M $27.00M $27.00M $27.00M $27.00M
Retained Earnings $-11.26B $-11.11B $-12.69B $-12.24B $-11.74B $-11.88B
Total Stockholders Equity $36.02B $36.05B $33.84B $34.04B $35.10B $34.34B
Total Liabilities & Equity $100.52B $101.73B $101.68B $104.56B $106.33B $108.03B
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $-148.00M $1.13B $-453.00M $-494.00M $-10.82B $-10.95B
Depreciation & Amortization $4.37B $2.99B $1.55B $1.64B $5.39B $3.63B
Stock-based Compensation $540.00M $298.00M $123.00M $138.00M $419.00M $260.00M
Operating Cash Flow $2.52B $1.54B $553.00M $2.71B $2.66B $1.81B
Capital Expenditure $810.00M $532.00M $251.00M $286.00M $662.00M $447.00M
Investing Cash Flow $-761.00M $-431.00M $-195.00M $6.00M $-355.00M $-137.00M
Financing Cash Flow $-3.12B $-1.89B $-1.90B $-600.00M $-3.15B $-2.27B
Net Change in Cash $-1.12B $-525.00M $-1.44B $1.93B $-829.00M $-702.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $9.04B - $27.84B -
Cost of Revenue $4.56B - $15.66B -
Operating Expenses $8.43B - $27.45B -
Selling General & Admin $2.36B - $7.03B -
Operating Income $611.00M - $389.00M -
Interest Expense $570.00M - $1.50B -
Other Income/Expense $-30.00M - $191.00M -
Income Before Tax $27.00M - $2.05B -
Income Tax Expense $170.00M - $1.05B -
Net Income $-148.00M - $979.00M -
Basic EPS -0.06 - 0.40 -
Diluted EPS -0.06 - 0.39 -
Basic Shares Outstanding $2.48B - $2.47B -
Diluted Shares Outstanding $2.48B - $2.51B -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $4.29B $5.31B
Accounts Receivable $5.13B $4.95B
Other Current Assets $3.64B $3.82B
Total Current Assets $13.06B $14.08B
Goodwill $25.92B $25.67B
Intangible Assets $28.79B $32.30B
Other Non-current Assets $7.13B $7.33B
Total Assets $100.52B $104.56B
Accounts Payable $1.08B $1.05B
Accrued Liabilities $9.29B $10.44B
Deferred Revenue $1.65B $1.57B
Total Current Liabilities $12.16B $15.81B
Long-term Debt $33.38B $36.76B
Deferred Tax Liabilities $6.71B $6.99B
Other Non-current Liabilities $10.96B $10.07B
Total Liabilities $63.21B $69.62B
Common Stock $27.00M $27.00M
Retained Earnings $-11.26B $-12.24B
Total Stockholders Equity $36.02B $34.04B
Total Liabilities & Equity $100.52B $104.56B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-148.00M - $979.00M -
Depreciation & Amortization $1.38B - $4.37B -
Stock-based Compensation - - $540.00M -
Operating Cash Flow - - $2.52B -
Capital Expenditure - - $810.00M -
Investing Cash Flow - - $-761.00M -
Financing Cash Flow - - $-3.12B -
Net Change in Cash - - $-1.12B -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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