Warner Bros. Discovery, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $37.3 | $39.3 | $41.3 | $33.8 | $12.2 |
| Operating income | $0.7 | -$10.0 | -$1.5 | -$7.4 | $2.0 |
| Net income | $0.7 | -$11.3 | -$3.1 | -$7.4 | $1.0 |
| Balance Sheet | |||||
| Total debt | $32.8 | $39.5 | $44.0 | $49.3 | $15.2 |
| Cash Flow Statement | |||||
| Free cash flow | $3.1 | $4.4 | $6.2 | $3.3 | $2.4 |
| Share repurchases | — | — | — | $0.0 | $0.0 |
Shares outstanding 2.5B · Free float 76.9%
Annual filing data through FY ended December 31, 2025; float as of September 10, 2026.
Earnings
Other Coverage
October 14, 2026
Theme Survey
Streaming and Media Economics: Subscription Gains, Ad Pressure
October 6, 2026
Deals
Skydance Completes $78 Billion Cash Purchase of Warner Bros. Discovery
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
September 28, 2026
Deals
Paramount Skydance to Buy Warner Bros. Discovery in $78 Billion Cash Deal
September 18, 2026
Theme Survey
Disney's Fubo Deal Lifts Streaming Revenue as Linear Erosion Spreads
August 14, 2026
Industry Earnings Roundup
Media Earnings: Demand, Outlook Broadly Upbeat as Costs Diverge