Warner Bros. Discovery, Inc. (WBD)
Warner Bros. Discovery, Inc. brought in $36.1B of revenue over the twelve months to June 30, 2026, down 6.1% from a year earlier. It posted a net loss of $3.2B. Operating cash flow minus capital spending left $3.1B of free cash flow in fiscal 2025. At June 30, 2026 it held $3.4B in cash against $32B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
What Warner Bros. Discovery, Inc. does
Warner Bros. Discovery produces and distributes film, television, and digital content across theatrical releases, cable television networks, and direct-to-consumer streaming services. It licenses intellectual property and sells advertising, content subscriptions, and consumer products. Its shares trade on NASDAQ under the ticker WBD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $37.3B | $727M | $0.29 | $3.1B |
| 2024 | $39.3B | -$11.3B | -$4.62 | $4.4B |
| 2023 | $41.3B | -$3.1B | -$1.28 | $6.2B |
| 2022 | $33.8B | -$7.4B | -$3.82 | $3.3B |
| 2021 | $12.2B | $1B | $1.54 | $2.4B |
| 2020 | $10.7B | $1.2B | $1.81 | $2.3B |
Latest SEC filings
What Warner Bros. Discovery, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 25, 2026Passive stake changed SCHEDULE 13G/A
- September 14, 2026Activist stake changed SCHEDULE 13D/A
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026
- August 6, 2026
- June 26, 2026Activist stake changed SCHEDULE 13D/A
- June 12, 2026
- June 4, 2026
- May 27, 2026
- May 19, 2026Other event 8-K
- May 6, 2026Quarterly report 10-Q · period to March 31, 2026
Questions about WBD
What does Warner Bros. Discovery, Inc. do?
Warner Bros. Discovery produces and distributes film, television, and digital content across theatrical releases, cable television networks, and direct-to-consumer streaming services. It licenses intellectual property and sells advertising, content subscriptions, and consumer products. Its shares trade on NASDAQ under the ticker WBD.
Is Warner Bros. Discovery, Inc. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $3.2B on revenue of $36.1B.
How much revenue does Warner Bros. Discovery, Inc. make?
Over the twelve months to June 30, 2026 Warner Bros. Discovery, Inc. reported revenue of $36.1B. That is 6.1% less than a year earlier.
When did Warner Bros. Discovery, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake changed from September 25, 2026.
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Follow WBD: get an email when it filesWhere the numbers come from
Financial figures are the values Warner Bros. Discovery, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.