Warner Bros. Discovery (WBD) reported $37.3B in revenue for fiscal 2025, −5.1% year on year. That ranks #147 by revenue among 2853 SEC filers and #8 in Communication services. Net income was $727M, a net margin of 1.9%. Revenue has grown 21.4% a year on average since 2016 ($6.5B then). The fiscal 2025 balance sheet shows $100B in total assets, $4.6B in cash and $32.6B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $37.3B | −5.1% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeOperatingIncomeLoss | $738M | +$10.8B | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $727M | +$12.0B | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $4.3B | −19.6% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $1.2B | +29.9% | FY20252025-12-31 |
| Total assetsAssets | $100B | −4.3% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $35.9B | +5.5% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $4.6B | −14.0% | FY20252025-12-31 |
| Long-term debtLongTermDebt | $32.6B | −17.6% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $8.9B | −$2.9B | Open → |
| Q2 20262026-06-30 | $8.7B | $149M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 49 of 83 companies compared | 1.9% | |
| Operating marginRank 63 of 82 companies compared | 2.0% | |
| Cash as share of revenueRank 44 of 82 companies compared | 12.2% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Warner Bros. Discovery, Inc.
- Ticker
- WBD
- Exchange
- Nasdaq
- SIC classification
- Cable & Other Pay Television Services (4841)
- Fiscal year end
- 12-31
- CIK
- 0001437107
Filings
- 10-QAug 6, 2026Open filing →
- 10-QMay 6, 2026Open filing →
- 10-KFeb 27, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| T-Mobile USTMUS | $88.3B | $11.0B |
| Charter CommunicationsCHTR | $54.8B | $5.0B |
| NetflixNFLX | $45.2B | $11.0B |
| Warner Bros. DiscoveryWBD | $37.3B | $727M |
| Live Nation EntertainmentLYV | $25.2B | $496M |
| Spotify TechnologySPOT | $19.4B | $2.5B |
| WPPWPP | $17.9B | −$284M |
Warner Bros. Discovery compared withLive Nation EntertainmentNetflix
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Warner Bros. Discovery — Key figures |url=https://companiesranked.com/en/company/warner-bros-discovery |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Warner Bros. Discovery — Key figures. CompaniesRanked. https://companiesranked.com/en/company/warner-bros-discoveryBibTeX
@misc{companiesranked-en-company-warner-bros-discovery-2026,
author = {{CompaniesRanked}},
title = {{Warner Bros. Discovery — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/warner-bros-discovery}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001437107-26-000020 · February 27, 2026
{{cite web |title=Warner Bros. Discovery — Key figures — 10-K (0001437107-26-000020) |url=https://www.sec.gov/Archives/edgar/data/1437107/000143710726000020/wbd-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-27}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.