See more : Jinghua Pharmaceutical Group Co., Ltd. (002349.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Warner Bros. Discovery, Inc. (WBD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Warner Bros. Discovery, Inc., a leading company in the Entertainment industry within the Communication Services sector.
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Warner Bros. Discovery, Inc. (WBD)
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 41.32B | 33.82B | 12.19B | 10.67B | 11.14B | 10.55B | 6.87B | 6.50B | 6.39B | 6.27B | 5.54B | 4.49B | 4.24B | 3.77B | 3.52B | 3.44B | 707.21M | 688.09M | 694.51M | 631.22M | 506.10M | 539.33M | 592.73M | 295.72M |
Cost of Revenue | 24.53B | 20.44B | 4.62B | 3.86B | 3.82B | 3.94B | 2.66B | 2.43B | 2.34B | 2.12B | 1.69B | 1.22B | 1.23B | 1.07B | 1.07B | 1.02B | 491.03M | 454.48M | 445.84M | 380.29M | 301.01M | 0.00 | 0.00 | 0.00 |
Gross Profit | 16.80B | 13.38B | 7.57B | 6.81B | 7.33B | 6.62B | 4.22B | 4.07B | 4.05B | 4.14B | 3.85B | 3.27B | 3.00B | 2.70B | 2.45B | 2.42B | 216.18M | 233.61M | 248.67M | 250.93M | 205.10M | 539.33M | 592.73M | 295.72M |
Gross Profit Ratio | 40.65% | 39.55% | 62.10% | 63.83% | 65.73% | 62.71% | 61.36% | 62.57% | 63.36% | 66.10% | 69.49% | 72.85% | 70.89% | 71.56% | 69.71% | 70.26% | 30.57% | 33.95% | 35.81% | 39.75% | 40.52% | 100.00% | 100.00% | 100.00% |
Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 996.00M | 1.15B | -2.20B | -2.86B | -3.26B | -2.89B | -1.31B | -1.28B | -1.34B | -1.40B | -1.16B | -746.00M | -669.00M | -460.00M | -181.00M | -281.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 8.70B | 8.52B | 6.22B | 5.58B | 6.04B | 5.51B | 3.07B | 2.97B | 3.00B | 3.09B | 2.74B | 2.04B | 1.85B | 1.65B | 1.43B | 1.40B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 9.70B | 9.68B | 4.02B | 2.72B | 2.79B | 2.62B | 1.77B | 1.69B | 1.67B | 1.69B | 1.58B | 1.29B | 1.18B | 1.19B | 1.25B | 1.12B | 150.69M | 177.37M | 170.05M | 153.56M | 130.34M | 0.00 | 0.00 | 0.00 |
Other Expenses | 8.65B | 7.19B | 1.58B | 1.36B | 1.35B | -120.00M | -110.00M | 4.00M | -97.00M | -9.00M | 26.00M | -89.00M | 119.00M | 130.00M | -97.00M | 216.00M | 232.38M | 159.28M | 75.92M | 80.43M | 73.69M | -600.79M | 943.36M | -357.93M |
Operating Expenses | 18.34B | 16.87B | 5.60B | 4.08B | 4.14B | 4.02B | 2.10B | 2.01B | 2.00B | 2.02B | 1.85B | 1.41B | 1.30B | 1.32B | 1.15B | 1.33B | 383.06M | 336.65M | 245.96M | 233.99M | 204.03M | -600.79M | 943.36M | -357.93M |
Cost & Expenses | 42.87B | 37.31B | 10.22B | 7.94B | 7.95B | 7.95B | 4.75B | 4.44B | 4.34B | 4.15B | 3.54B | 2.63B | 2.54B | 2.39B | 2.22B | 2.36B | 874.10M | 791.13M | 691.80M | 614.28M | 505.03M | -600.79M | 943.36M | -357.93M |
Interest Income | 179.00M | 1.29B | 18.00M | 10.00M | 22.00M | 15.00M | 21.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 2.22B | 1.78B | 633.00M | 648.00M | 677.00M | 729.00M | 475.00M | 353.00M | 330.00M | 328.00M | 306.00M | 248.00M | 208.00M | 203.00M | 248.00M | 258.00M | 0.00 | 0.00 | 0.00 | 0.00 | 47.49M | 0.00 | 0.00 | 0.00 |
Depreciation & Amortization | 7.99B | 7.19B | 1.58B | 1.36B | 1.35B | 1.40B | 330.00M | 322.00M | 2.04B | 1.89B | 1.47B | 982.00M | 965.00M | 132.00M | 155.00M | 232.00M | 67.73M | 67.93M | 76.38M | 77.61M | 70.53M | 600.79M | 0.00 | 357.93M |
EBITDA | 6.38B | 41.00M | 3.66B | 3.78B | 4.36B | 3.16B | 2.56B | 2.34B | 2.21B | 2.40B | 2.32B | 1.88B | 1.89B | 2.00B | 1.38B | 1.35B | 60.00M | -35.00M | 158.49M | 94.54M | 71.60M | 539.33M | -350.63M | 295.72M |
EBITDA Ratio | 15.45% | 52.55% | 58.40% | 65.43% | 66.22% | 67.31% | 58.75% | 63.32% | 62.48% | 64.17% | 63.32% | 61.38% | 62.93% | 46.75% | 41.98% | 39.70% | 7.02% | 8.55% | -0.11% | 1.65% | 11.79% | 100.00% | -59.15% | 100.00% |
Operating Income | -1.55B | -3.58B | 2.01B | 2.52B | 3.01B | 1.93B | 713.00M | 2.06B | 1.99B | 2.06B | 2.00B | 1.86B | 1.80B | 1.36B | 1.24B | 1.06B | -167.64M | -115.14M | -1.40M | 16.94M | -2.40M | -61.45M | -350.63M | -62.21M |
Operating Income Ratio | -3.75% | -10.59% | 16.50% | 23.57% | 27.00% | 18.33% | 10.37% | 31.68% | 31.04% | 32.90% | 36.10% | 41.34% | 42.48% | 36.05% | 35.13% | 30.70% | -23.70% | -16.73% | -0.20% | 2.68% | -0.48% | -11.39% | -59.15% | -21.04% |
Total Other Income/Expenses | -2.32B | -1.59B | -579.00M | -787.00M | -715.00M | -912.00M | -850.00M | -387.00M | -426.00M | -314.00M | -239.00M | -341.00M | -244.00M | -442.00M | -204.00M | -303.00M | -7.00M | 112.93M | 83.51M | 84.14M | -32.09M | 0.00 | 350.63M | 62.21M |
Income Before Tax | -3.86B | -8.96B | 1.43B | 1.73B | 2.29B | 1.02B | -137.00M | 1.67B | 1.56B | 1.75B | 1.74B | 1.52B | 1.56B | 935.00M | 1.03B | 754.00M | -9.24M | -2.07M | 82.11M | 101.08M | -34.49M | 0.00 | 0.00 | 0.00 |
Income Before Tax Ratio | -9.35% | -26.50% | 11.75% | 16.19% | 20.59% | 9.68% | -1.99% | 25.72% | 24.38% | 27.89% | 31.36% | 33.83% | 36.81% | 24.78% | 29.32% | 21.90% | -1.31% | -0.30% | 11.82% | 16.01% | -6.81% | 0.00% | 0.00% | 0.00% |
Income Tax Expense | -784.00M | -1.66B | 236.00M | 373.00M | 81.00M | 341.00M | 176.00M | 453.00M | 511.00M | 610.00M | 659.00M | 562.00M | 425.00M | 277.00M | 472.00M | 352.00M | 59.16M | 43.94M | 48.84M | 34.97M | 20.16M | 67.82M | 608.26M | 241.55M |
Net Income | -3.13B | -7.30B | 1.01B | 1.22B | 2.07B | 594.00M | -337.00M | 1.19B | 1.03B | 1.14B | 1.08B | 943.00M | 1.13B | 664.00M | 560.00M | 317.00M | -68.39M | -46.01M | 33.28M | 66.11M | -52.39M | -129.28M | -608.26M | -303.76M |
Net Income Ratio | -7.57% | -21.58% | 8.25% | 11.42% | 18.57% | 5.63% | -4.90% | 18.38% | 16.17% | 18.18% | 19.42% | 21.02% | 26.73% | 17.60% | 15.93% | 9.21% | -9.67% | -6.69% | 4.79% | 10.47% | -10.35% | -23.97% | -102.62% | -102.72% |
EPS | -1.28 | -3.76 | 1.80 | 2.14 | 3.45 | 0.86 | -0.88 | 1.97 | 1.59 | 1.67 | 1.51 | 0.63 | 1.41 | 0.78 | 0.65 | 0.50 | -0.12 | -0.08 | 0.06 | 0.12 | -0.09 | -0.23 | -1.09 | -0.54 |
EPS Diluted | -1.28 | -3.76 | 1.53 | 1.80 | 2.86 | 0.86 | -0.59 | 1.96 | 1.58 | 1.66 | 1.49 | 0.62 | 1.40 | 0.78 | 0.65 | 0.49 | -0.12 | -0.08 | 0.06 | 0.12 | -0.09 | -0.23 | -1.09 | -0.54 |
Weighted Avg Shares Out | 2.44B | 1.94B | 507.00M | 510.00M | 535.00M | 688.00M | 384.00M | 401.00M | 432.00M | 454.00M | 330.95M | 348.93M | 529.13M | 569.44M | 564.95M | 562.45M | 561.19M | 560.41M | 560.40M | 560.41M | 560.41M | 560.41M | 560.41M | 560.41M |
Weighted Avg Shares Out (Dil) | 2.44B | 1.94B | 668.00M | 677.00M | 717.00M | 688.00M | 576.00M | 610.00M | 656.00M | 687.00M | 722.00M | 1.52B | 810.00M | 858.00M | 850.00M | 644.00M | 562.00M | 575.00M | 560.41M | 560.41M | 560.41M | 560.41M | 560.41M | 560.41M |
WBD ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Warner Bros.
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 24, 2025 in Warner Bros. Discovery, Inc. Lawsuit - WBD
WBD Investors Have Opportunity to Lead Warner Bros. Discovery, Inc. (NASDAQ: WBD) Securities Fraud Lawsuit
Warner Bros. Discovery, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - WBD
January 24, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - WBD
Investors With Losses Are Invited To Lead A Fraud Case Against Warner Bros. Discovery, Inc.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Warner Bros. Discovery, Inc. of Class Action Lawsuit and Upcoming Deadlines - WBD
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Warner Bros. Discovery
Warner Bros. Discovery, Inc. Investor Alert: Robbins LLP Reminds WBD Stockholders of the Pending Securities Class Action
WARNER BROS. DISCOVERY, INC.
Source: https://incomestatements.info
Category: Stock Reports
How much debt did Warner Bros. Discovery repay in Q3 2024?
Free cash flow was $0.6 billion. Repaid or repurchased $0.9 billion of debt during Q3, ending the quarter with $3.5 billion of cash on hand, $40.7 billion of gross debt, and 4.2x net leverage.
How did Warner Bros. Discovery’s Adjusted EBITDA change in Q3 2024?
Q3 total Adjusted EBITDA was $2.4 billion, a 18% ex-FX decrease compared to the prior year quarter. Q3 cash provided by operating activities was $0.8 billion. Free cash flow was $0.6 billion.
What is Warner Bros. Discovery’s forecast for free cash flow?
Based on the financial report for Sep 30, 2024, Warner Bros Discovery Inc’s Free Cash Flow amounts to 5.3B USD.
What were Warner Bros. Discovery’s Q3 2024 revenues?
Q3 total revenues were $9.6 billion, a 3% ex-FX decrease compared to the prior year quarter. Net income available to Warner Bros. Discovery, Inc. was $0.1 billion, which includes $1.6 billion of pre-tax acquisition-related amortization of intangibles, content fair value step-up, and restructuring expenses.
What drove the increase in Warner Bros. Discovery’s DTC subscribers?
International markets primarily drove the company’s subscriber growth, while U.S. subscribers rose modestly by 200,000 to 52.6 million. This gradual domestic growth aligns with trends across the streaming industry, where international markets are becoming increasingly significant to subscriber gains.