When did Warner Bros. Discovery, Inc. report Q4 2024 earnings?

Warner Bros. Discovery, Inc. (WBD) reported Q4 2024 earnings on February 27, 2025 before market open.

What were Warner Bros. Discovery, Inc.'s Q4 2024 revenue and EPS?

Warner Bros. Discovery, Inc. reported revenue of $10.0B and diluted EPS of $-0.20 for Q4 2024.

Did Warner Bros. Discovery, Inc. beat estimates in Q4 2024?

Revenue missed the consensus estimate of $10.2B by $151.5M. EPS missed the consensus estimate of $-0.03 by $0.17.

Where can I find Warner Bros. Discovery, Inc.'s Q4 2024 SEC filings?

You can read the 10-K periodic report (0001437107-25-000031) directly on SEC EDGAR. The filing index links above go to sec.gov.

Warner Bros. Discovery, Inc. WBD Q4 2024 Annual earnings

Reported February 27, 2025 · Before market open

Revenue$10.0BMiss by $151.5M Diluted EPS-$0.20Miss by $0.17

Revenue estimate$10.2B

EPS estimate-$0.03

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$9.2B

EPS estimate-$0.12

Financials

Q4 2024

Income statement

See full

Revenue$10.0B-2.5%

Gross profit$4.5B+2.6%

Operating income-+100%

Net income-$494.0M-23.5%

EPS (diluted)-$0.20-25.0%

Balance sheet

See full

Cash & equivalents$5.3B+40.5%

Total debt$6.2B+15.8%

Total equity$34.0B-24.7%

Total assets$104.56B-14.8%

Cash flow

See full

Operating cash flow$2.7B-24.1%

CapEx$286.0M+6.7%

Free cash flow$2.4B-26.6%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$25.93B—

Enterprise value$26.87B—

P/S0.7×—

Profitability

See full

Gross margin41.6%+0.9pp

Operating margin-25.9%-31.2pp

Net margin-28.8%-44.7pp

FCF margin11.3%-3.7pp

Returns & leverage

See full

Return on equity-28.5%-41.4pp

Debt / equity0.2×+0.1×

Current ratio0.9×0.0×

Segments

By product

See full

Distribution$4.9B—

Advertising$1.8B-12.3%

By segment

See full

Studios$3.7B+15.3%

Versus estimates

Revenue

Q1 2026$8.9BIn line Q4 2025$9.5BBeat by $109.3M Q3 2025$9.0BMiss by $131.1M Q2 2025$9.8BBeat by $38.4M Q1 2025$9.0BMiss by $612.3M

Q4 2024$10.0BMiss by $151.5M

Diluted EPS

Q1 2026-$1.17Miss by $1.06 Q4 2025-$0.10Miss by $0.07 Q3 2025-$0.06Beat by $0.01 Q2 2025$0.63Beat by $0.87 Q1 2025-$0.18Miss by $0.01

Q4 2024-$0.20Miss by $0.17

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Questions, answered.

When did Warner Bros. Discovery, Inc. report Q4 2024 earnings?: Warner Bros. Discovery, Inc. (WBD) reported Q4 2024 earnings on February 27, 2025 before market open.
What were Warner Bros. Discovery, Inc.'s Q4 2024 revenue and EPS?: Warner Bros. Discovery, Inc. reported revenue of $10.0B and diluted EPS of $-0.20 for Q4 2024.
Did Warner Bros. Discovery, Inc. beat estimates in Q4 2024?: Revenue missed the consensus estimate of $10.2B by $151.5M. EPS missed the consensus estimate of $-0.03 by $0.17.
Where can I find Warner Bros. Discovery, Inc.'s Q4 2024 SEC filings?: You can read the 10-K periodic report (0001437107-25-000031) directly on SEC EDGAR. The filing index links above go to sec.gov.