Warner Bros. Discovery, Inc. (WBD)

Stock NASDAQ

$30.95

+0.00 (+0.00%)

Delayed quote.

Price history

Daily close
WBD daily closing price, Nov 10, 2025 to Oct 5, 2026 Closed at $22.98 on Nov 10, 2025 and $30.95 on Oct 5, 2026, a change of +34.68%. Range $22.14 to $30.95.
Daily closes, Nov 10, 2025 to Oct 5, 2026 (226 trading days).
Start
$22.98
Latest close
$30.95
Period change
+34.68%
Period low
$22.14
Period high
$30.95

Key metrics

Market cap
$77.60B
Volume
0
Average volume
33.09M
52-week range
—
Beta
1.54
Last dividend
—
EPS (TTM)
-$1.27
P/E ratio
99.38
Revenue (TTM)
$36.12B
Net income (TTM)
-$3.17B
Total assets
$97.25B
Total debt
$32.02B
Cash and equivalents
$3.37B

Key financials (trailing twelve months).

Company profile

Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.

Sector
Communication Services
Industry
Entertainment
Exchange
NASDAQ
CEO
David Zaslav
Employees
35,500
Headquarters
New York City, NY, US
IPO date
2005-07-08

Financial statements

Annual, last 3 fiscal years. Most recent period first. Reported in USD.

Income statement
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Revenue$37.30B$39.32B$41.32B
Gross profit$16.41B$16.35B$16.80B
Operating income$1.31B-$10.03B-$1.55B
EBITDA$21.26B$11.61B$22.37B
Net income$727.00M-$11.31B-$3.13B
Diluted EPS$0.29-$4.62-$1.28
Balance sheet
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Cash and equivalents$4.57B$5.31B$3.78B
Total assets$100.08B$104.56B$122.76B
Total liabilities$62.92B$69.62B$76.28B
Total debt$32.57B$39.51B$43.67B
Shareholders’ equity$35.92B$34.04B$45.23B
Cash flow statement
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Operating cash flow$4.32B$5.38B$7.48B
Capital expenditure-$1.23B-$948.00M-$1.32B
Free cash flow$3.09B$4.43B$6.16B

Quarterly, last 6 quarters. Most recent period first. Reported in USD.

Income statement
MetricQ2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025Q1 2025Mar 31, 2025
Revenue$8.72B$8.89B$9.46B$9.04B$9.81B$8.98B
Gross profit$4.10B$4.25B$4.24B$4.48B$3.85B$3.85B
Operating income$373.00M$549.00M$536.00M$611.00M-$185.00M-$37.00M
EBITDA$3.87B$1.19B$4.25B$4.28B$8.01B$4.73B
Net income$149.00M-$2.92B-$252.00M-$148.00M$1.58B-$453.00M
Diluted EPS$0.06-$1.17-$0.10-$0.06$0.63-$0.18
Balance sheet
MetricQ2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025Q1 2025Mar 31, 2025
Cash and equivalents$3.37B$3.26B$4.57B$3.99B$4.89B$3.87B
Total assets$97.25B$97.84B$100.08B$100.52B$101.73B$101.68B
Total liabilities$63.25B$64.13B$62.92B$63.21B$64.38B$66.51B
Total debt$32.02B$32.47B$32.57B$33.75B$34.63B$37.43B
Shareholders’ equity$32.84B$32.58B$35.92B$36.02B$36.05B$33.84B
Cash flow statement
MetricQ2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025Q1 2025Mar 31, 2025
Operating cash flow$848.00M-$208.00M$1.80B$979.00M$983.00M$553.00M
Capital expenditure-$276.00M-$268.00M-$421.00M-$278.00M-$281.00M-$251.00M
Free cash flow$572.00M-$476.00M$1.38B$701.00M$702.00M$302.00M