YOLFTbeta
Warner Bros Discovery Inc

Warner Bros Discovery Inc

WBD · NASDAQ · Communication Services / Entertainment

30.95USD+0.01 (+0.03%)

Price History

Full chart

Market Stats

Previous Close30.94
Open30.95
Day Range30.94 – 30.99
52-Week Range21.87 – 30.99
Volume435.64M
Market Cap77.60B
P/E (TTM)0.00
Forward P/E434.78
EPS-1.28
Dividend Yield0.00%
Beta1.54
50-Day Avg28.44
200-Day Avg27.70

About

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment engages in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Espanol, Hogar de HGTV, and other brands. The company was incorporated in 2008 and is based in New York, New York. As of October 6, 2026, Warner Bros. Discovery, Inc. operates as a subsidiary of Skydance Corporation.

Company Details

  • SectorCommunication Services
  • IndustryEntertainment
  • CEOMr. David M. Zaslav
  • Employees35.50K
  • Headquarters230 Park Avenue South, New York, NY, United States, 10003, USA
  • Websitehttps://www.wbd.com

Leadership

  • Mr. David M. ZaslavPresident, CEO & Director · b. 1960
  • Dr. Gunnar Wiedenfels Ph.D.Senior EVP & CFO · b. 1977
  • Mr. Bruce L. CampbellCOO and Chief Revenue & Strategy Officer · b. 1967
  • Ms. Priya R. Aiyar J.D.Chief Legal Officer · b. 1975
  • Mr. Jean-Briac PerrettePresident and CEO of Global Streaming & Games · b. 1971
  • Ms. Lori C. LockeChief Accounting Officer & Executive VP · b. 1963
  • Mr. Avi SaxenaChief Technology Officer
  • Mr. Dave DuvallChief Information Officer
  • Peter LeeSenior Vice President of Investor Relations
  • Mr. Robert Lane GibbsChief Communications & Public Affairs Officer · b. 1971

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue295.72M592.73M539.33M506.10M631.22M694.51M688.00M76.00M3.44B3.46B3.71B4.17B4.49B5.54B6.26B6.39B6.50B6.87B10.55B11.14B10.67B12.19B33.82B41.32B39.32B37.30B
Growth (%)-+100.44%-9.01%-6.16%+24.72%+10.03%-0.94%-88.95%+4430.26%+0.44%+7.17%+12.47%+7.65%+23.36%+13.19%+2.06%+1.61%+5.79%+53.54%+5.60%-4.24%+14.24%+177.39%+22.19%-4.84%-5.15%
Cost of Revenue---301.00M380.29M445.84M454.00M60.00M1.02B1.04B1.01B1.18B1.22B1.69B2.12B2.34B2.43B2.66B3.94B3.82B3.86B4.62B20.44B24.53B22.97B20.89B
Gross Profit295.72M592.73M539.33M205.10M250.93M248.67M234.00M16.00M2.42B2.41B2.69B2.99B3.27B3.85B4.14B4.05B4.07B4.22B6.62B7.33B6.81B7.57B13.38B16.80B16.35B16.41B
Gross Margin100.00%100.00%100.00%40.52%39.75%35.81%34.01%21.05%70.26%69.81%72.67%71.79%72.85%69.49%66.10%63.36%62.57%61.36%62.71%65.73%63.83%62.10%39.55%40.65%41.58%44.00%
Operating Expense357.93M943.36M600.78M207.50M233.99M250.07M349.00M24.00M1.36B1.14B1.32B1.19B1.41B1.87B2.08B2.07B2.01B3.50B4.68B4.32B4.30B5.56B20.75B18.34B26.38B15.10B
Operating Income-62.21M-350.63M-61.45M-2.40M16.93M-1.40M-115.00M-8.00M1.06B1.27B1.38B1.80B1.86B1.98B2.06B1.99B2.06B713.00M1.93B3.01B2.52B2.01B-7.37B-1.55B-10.03B1.31B
Operating Margin-21.04%-59.15%-11.39%-0.48%2.68%-0.20%-16.72%-10.53%30.70%36.84%37.16%43.26%41.43%35.68%32.90%31.04%31.68%10.37%18.33%27.00%23.57%16.50%-21.79%-3.75%-25.51%3.51%
EBITDA295.72M-350.63M539.33M71.60M94.54M79.09M-35.00M60.00M1.35B1.44B2.00B2.74B2.75B3.51B3.96B3.93B4.12B2.58B6.44B7.17B6.69B7.15B14.17B22.37B11.61B21.26B
EBITDA Margin100.00%-59.15%100.00%14.15%14.98%11.39%-5.09%78.95%39.21%41.70%54.02%65.64%61.24%63.38%63.22%61.43%63.40%37.51%61.00%64.35%62.70%58.64%41.90%54.13%29.53%57.01%
Net Income-303.76M-608.26M-129.28M-52.39M66.11M33.28M-46.00M-68.00M317.00M549.00M653.00M1.13B943.00M1.07B1.14B1.03B1.19B-337.00M594.00M2.07B1.22B1.01B-7.37B-3.13B-11.31B727.00M
Net Income Margin-102.72%-102.62%-23.97%-10.35%10.47%4.79%-6.69%-89.47%9.21%15.88%17.62%27.16%21.02%19.42%18.18%16.17%18.38%-4.90%5.63%18.57%11.42%8.25%-21.80%-7.57%-28.77%1.95%
Interest Expense---47.49M----258.00M248.00M203.00M208.00M248.00M306.00M328.00M330.00M353.00M475.00M729.00M677.00M692.00M633.00M1.78B2.22B2.02B2.08B
Interest Expense % of Total Revenue---9.38%----7.49%7.17%5.48%4.99%5.53%5.53%5.24%5.16%5.43%6.91%6.91%6.08%6.48%5.19%5.25%5.37%5.13%5.59%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.95B5.40B5.37B5.40B5.56B5.82B5.87B5.87B10.48B10.95B11.02B11.91B12.93B14.98B15.97B15.86B15.67B22.55B32.55B33.73B34.09B34.43B134.00B122.76B104.56B100.08B
Total Liabilities1.86B1.82B1.76B1.14B1.22B1.24B1.32B1.37B4.92B4.68B4.79B5.39B6.64B8.75B9.62B10.17B10.26B17.53B22.03B21.77B21.70B21.03B85.33B76.28B69.62B62.92B
Total Equity4.09B3.58B3.62B4.26B4.35B4.58B4.55B4.50B5.54B6.20B6.22B6.52B6.29B6.20B5.60B5.45B5.17B4.61B8.39B11.97B12.38B13.40B47.09B45.23B34.04B35.92B
Cash---8.60M21.64M250.35M155.00M8.00M100.00M623.00M466.00M1.05B1.20B408.00M367.00M390.00M300.00M7.31B986.00M1.55B2.09B3.90B3.73B3.78B5.31B4.57B
Total Debt--------3.80B3.50B3.62B4.25B5.24B6.50B7.11B7.74B7.92B14.79B16.79B15.62B15.59B14.96B49.00B43.67B39.51B32.57B
Net Debt----8.60M-21.64M-250.35M-155.00M-8.00M3.70B2.87B3.15B3.20B4.04B6.09B6.74B7.34B7.62B7.48B15.81B13.87B13.31B10.85B45.27B39.89B34.19B28.00B

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow29.68M84.32M85.29M74.00M57.00M569.00M642.00M668.00M1.10B1.10B1.28B1.32B1.29B1.38B1.63B2.58B3.40B2.74B2.80B4.30B7.48B5.38B4.32B
Investing Cash Flow-20.23M-102.28M-62.75M-169.00M-15.00M98.00M238.00M-190.00M-214.00M-643.00M-1.99B-568.00M-301.00M-256.00M-633.00M-8.59B-438.00M-703.00M-56.00M3.52B-1.26B-349.00M-546.00M
Financing Cash Flow-12.85M31.00M206.17M272.00K12.00M-774.00M-356.00M-641.00M-297.00M-305.00M-85.00M-734.00M-919.00M-1.18B5.95B-283.00M-2.36B-1.55B-853.00M-7.74B-5.84B-3.75B-4.87B
Capital Expenditure25.86M49.29M90.53M78.00M47.00M102.00M55.00M49.00M58.00M77.00M115.00M120.00M103.00M88.00M135.00M147.00M289.00M402.00M373.00M987.00M1.32B948.00M1.23B
Free Cash Flow3.82M35.03M-5.24M-4.00M10.00M467.00M587.00M619.00M1.04B1.02B1.17B1.20B1.19B1.29B1.49B2.43B3.11B2.34B2.42B3.32B6.16B4.43B3.09B
Dividends Paid-------31.00M7.00M981.00M1.19B--1.11B7.84B-2.00M-251.00M300.00M---
FCF to OCF12.87%41.54%-6.14%-5.41%17.54%82.07%91.43%92.66%94.73%92.99%91.05%90.90%92.04%93.62%91.71%94.29%91.50%85.32%86.67%77.07%82.40%82.36%71.50%
Dividend Paid to FCF-------5.01%0.67%95.99%101.37%--85.99%524.63%-0.06%-10.35%9.04%---

Earnings

Report DateAug 17, 2005Nov 9, 2005Mar 23, 2006May 10, 2006Aug 11, 2006Nov 13, 2006Feb 28, 2007May 9, 2007Aug 8, 2007Nov 7, 2007Feb 15, 2008May 8, 2008Aug 11, 2008Nov 7, 2008Feb 25, 2009May 4, 2009Aug 4, 2009Nov 3, 2009Feb 10, 2010Apr 30, 2010Aug 3, 2010Nov 2, 2010Feb 11, 2011Apr 28, 2011Aug 4, 2011Nov 1, 2011Feb 16, 2012May 8, 2012Jul 31, 2012Nov 6, 2012Feb 14, 2013May 7, 2013Jul 30, 2013Oct 31, 2013Feb 13, 2014May 6, 2014Jul 31, 2014Nov 4, 2014Feb 19, 2015May 5, 2015Aug 5, 2015Nov 3, 2015Feb 18, 2016May 5, 2016Aug 2, 2016Nov 1, 2016Feb 14, 2017May 9, 2017Jul 31, 2017Nov 2, 2017Feb 27, 2018May 8, 2018Aug 7, 2018Nov 8, 2018Feb 26, 2019May 2, 2019Aug 6, 2019Nov 7, 2019Feb 27, 2020May 6, 2020Aug 5, 2020Nov 5, 2020Feb 22, 2021Apr 28, 2021Aug 3, 2021Nov 3, 2021Feb 24, 2022Apr 26, 2022Aug 5, 2022Nov 3, 2022Feb 22, 2023May 5, 2023Aug 3, 2023Nov 8, 2023Feb 23, 2024May 9, 2024Aug 7, 2024Nov 7, 2024Feb 21, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.050.040.030.030.030.030.040.030.040.050.060.050.080.090.150.120.160.130.180.170.220.210.260.230.300.270.340.300.350.320.380.320.460.370.450.340.480.410.410.350.470.370.450.400.570.440.460.500.720.500.410.450.540.610.800.461.330.510.920.550.410.680.720.320.830.410.530.04-0.30-0.12-0.240.01-0.41-0.09-0.07-0.40-0.22-0.070.03-0.12-0.16-0.080.02-0.07-0.130.02
EPS Actual0.010.010.020.020.03-0.130.010.040.130.02-0.300.060.080.160.130.140.220.120.180.200.130.200.270.270.310.300.460.280.380.290.310.320.410.360.410.330.550.410.380.370.430.430.380.420.710.400.520.470.680.380.370.530.300.520.740.531.330.350.980.550.400.810.760.210.970.270.080.69-1.50-0.22-0.42-0.44-0.51-0.17-0.16-0.24-0.180.05-0.20-0.180.63-0.06-0.10-1.170.06-
Surprise-80.00%-78.75%-33.33%-33.33%0.00%-533.33%-75.00%33.33%225.00%-60.00%-600.00%20.00%0.00%77.78%-13.33%16.67%37.50%-7.69%0.00%17.65%-40.91%-4.76%3.85%17.39%3.33%11.11%35.29%-6.67%8.57%-9.38%-18.42%0.00%-10.87%-2.70%-8.89%-2.94%14.58%0.00%-7.32%5.71%-8.51%16.22%-15.56%5.00%24.56%-9.09%13.04%-6.00%-5.56%-24.00%-9.76%17.78%-44.44%-14.75%-7.50%15.22%0.00%-31.37%6.52%0.00%-2.44%19.12%5.56%-34.38%16.87%-34.15%-84.91%1625.00%-400.00%-83.33%-75.00%-4500.00%-24.39%-88.89%-128.57%40.00%18.18%171.43%-878.21%-50.00%493.75%25.00%-600.00%-1511.57%146.15%-
Timing-------------Pre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hours-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap77.60B
Enterprise Value105.77B
Trailing P/E0.00
Forward P/E434.78
PEG Ratio55.18
Price / Sales2.15
Price / Book2.35
EPS-1.28
Book Value13.09
Revenue (TTM)36.12B
Gross Profit (TTM)17.27B
EBITDA7.79B
Profit Margin-8.77%
Operating Margin5.11%
Return on Equity-8.79%
Return on Assets1.71%
Shares Outstanding2.51B
Shares Float2.39B
Beta1.54
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 20 analystsTarget 30.63
  • Strong Buy
    2
  • Hold
    16
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
79.24%
Insiders
4.14%
Retail / Other
16.62%

Top Institutional Holders

  • BlackRock Inc
    198.09M7.90%
  • Vanguard Capital Management, LLC
    158.64M6.33%
  • State Street Corp
    128.36M5.12%
  • Vanguard Portfolio Management, LLC
    105.10M4.19%
  • Amvescap Plc.
    80.09M3.19%
  • Geode Capital Management, LLC
    69.90M2.79%
  • Millennium Management LLC
    57.66M2.30%
  • Pentwater Capital Management LP
    47.58M1.90%
  • FMR Inc
    45.26M1.81%
  • Citadel Advisors Llc
    44.59M1.78%
  • D. E. Shaw & Co LP
    40.75M1.63%
  • NORGES BANK
    31.24M1.25%
  • Morgan Stanley - Brokerage Accounts
    30.92M1.23%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    75.69M3.02%
  • Vanguard 500 Index Investor
    65.84M2.63%
  • Invesco QQQ Trust
    52.44M2.09%
  • Vanguard MStar Mid Cap Index Instl
    51.52M2.05%
  • State Street® CommServSelSectSPDR®ETF
    35.99M1.44%
  • iShares Core S&P 500 ETF
    33.46M1.33%
  • Fidelity 500 Index
    32.17M1.28%

Stock Splits

  • Aug 7, 20141957:1000