FN2 Earnings Intelligence
Warner Bros. Discovery, Inc. financials (quarterly)
Warner Bros. Discovery, Inc. (WBD) Key Stats (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $3,868 | $4,888 | $4,294 | $3,264 | $3,369 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $8,979 | $9,812 | $9,045 | $8,893 | $8,717 | $8,739.7 | $9,828.4 |
| % Growth | - | - | - | - | - | -3.4% | - |
| Gross Profit | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| EBITDA | $1,510 | $1,262 | $1,986 | -$1,243 | $1,396 | - | - |
| % Margin | 16.8% | 12.9% | 22.0% | -14.0% | 16.0% | - | - |
| Net Income | -$453 | $1,580 | -$148 | -$2,916 | $149 | - | - |
| % Margin | -5.0% | 16.1% | -1.6% | -32.8% | 1.7% | - | - |
| Diluted EPS | -$0.18 | $0.63 | -$0.06 | -$1.17 | $0.06 | -$0.03 | -$0.10 |
| % Growth | - | - | - | - | - | 50.5% | - |
| Operating Cash Flow | $553 | - | - | -$208 | - | - | - |
| CapEx | $251 | - | - | $268 | - | - | - |
| Free Cash Flow | $302 | - | - | -$476 | - | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 | 9/30/2026 est. | 12/30/2026 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $8,979 | $9,812 | $9,045 | $8,893 | $8,717 | $8,739.7 | $9,828.4 |
| Gross Profit | - | - | - | - | - | - | - |
| EBITDA | $1,510 | $1,262 | $1,986 | -$1,243 | $1,396 | - | - |
| Net Income | -$453 | $1,580 | -$148 | -$2,916 | $149 | - | - |
| Diluted EPS | -$0.18 | $0.63 | -$0.06 | -$1.17 | $0.06 | -$0.03 | -$0.10 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3,868 | $4,888 | $4,294 | $3,264 | $3,369 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $37,426 | $34,632 | $33,521 | $32,466 | $32,023 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $553 | - | - | -$208 | - |
| Capital Expenditure | $251 | - | - | $268 | - |
| Free Cash Flow | $302 | - | - | -$476 | - |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 | 6/30/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 16.8% | 12.9% | 22.0% | -14.0% | 16.0% |
| Net Margin | -5.0% | 16.1% | -1.6% | -32.8% | 1.7% |
| FCF Margin | 3.4% | - | - | -5.4% | - |
| Diluted EPS Growth | - | - | - | - | - |