Warner Bros. Discovery, Inc. Series A financials
$30.85−0.16%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 |
|---|---|---|---|---|
| Revenue | $37.30B | $39.32B | $41.32B | $33.82B |
| Gross profit | $16.41B | $16.35B | $16.80B | $13.38B |
| Gross margin | 44.0% | 41.6% | 40.6% | 39.6% |
| Operating income | $738.0M | -$10.03B | -$1.55B | -$7.37B |
| Net income | $727.0M | -$11.31B | -$3.13B | -$7.42B |
| Net margin | 1.9% | −28.8% | −7.6% | −21.9% |
| Diluted EPS | $0.29 | $-4.62 | $-1.28 | $-3.82 |
| EBITDA | $6.99B | $7.05B | $7.10B | $17.86B |
| Operating cash flow | $4.32B | $5.38B | $7.48B | $4.30B |
| Free cash flow | $3.09B | $4.43B | $6.16B | $3.32B |
| Diluted shares | 2,530.0M | 2,450.0M | 2,436.0M | 1,940.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $4.57B | $5.31B | $3.78B | $3.73B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $32.57B | $39.51B | $43.67B | $49.00B |
| Total assets | $100.08B | $104.56B | $122.76B | $134.00B |
| Total liabilities | $62.92B | $69.62B | $76.28B | $85.33B |
| Shareholders' equity | $37.15B | $34.83B | $46.31B | $48.35B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology