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Warner Bros. Discovery, Inc. WBD Content rights amortization and impairment

Content rights amortization and impairment at other companies

Townsquare Media logo
Townsquare MediaTSQ
$370K0.0%
Mattel logo
MattelMAT
$4.02M-78.3%
TKO Group Holdings logo
TKO Group HoldingsTKO
$6.71M+8.1%
The Beachbody Company logo
The Beachbody CompanyBODI
$1.37M-49.8%
Roku, Inc. logo
Roku, Inc.ROKU
$45.75M-4.8%
Netflix logo
NetflixNFLX
$4.31B+12.5%

Other financials

Income statement

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Revenue$8.9B-1.0%
Gross profit$4.3B+10.4%
Operating income-$2.5B-6,573%
Net income-$2.9B-544%
EPS (diluted)-$1.17-550%

Balance sheet

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Cash & equivalents$3.3B-15.6%
Total debt$1.5B-46.3%
Total equity$32.6B-3.7%
Total assets$97.8B-3.8%

Cash flow

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Operating cash flow-$208.0M-138%
CapEx$268.0M+6.8%
Free cash flow-$476.0M-258%

Valuation

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Market cap$64.61B+90.6%
Enterprise value$62.84B+115%
P/S1.7×+0.9×

Profitability

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Gross margin45.2%+2.7pp
Operating margin-4.6%-2.1pp
Net margin1.3%+0.7pp
FCF margin6.2%-5.1pp

Returns & leverage

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Return on equity1.4%+0.7pp
Debt / equity0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Warner Bros. Discovery, Inc. in its filing.

Tagged under the XBRL concept wbd:ContentAmortizationAndWriteoffs.

The official record: Warner Bros. Discovery, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Bros. Discovery, Inc.'s content rights amortization and impairment?
Warner Bros. Discovery, Inc. (WBD) reported content rights amortization and impairment of $2.5B in Q1 2026.
How has Warner Bros. Discovery, Inc.'s content rights amortization and impairment changed year-over-year?
Warner Bros. Discovery, Inc.'s content rights amortization and impairment decreased by 20.5% year-over-year, from $3.15B to $2.5B.
What is the long-term trend for Warner Bros. Discovery, Inc.'s content rights amortization and impairment?
Over 3 years (2021 to 2025), Warner Bros. Discovery, Inc.'s content rights amortization and impairment has grown at a 50.2% compound annual growth rate (CAGR), from $3.5B to $11.86B.
What does content rights amortization and impairment mean?
This represents the non-cash expense related to the systematic allocation of the cost of film and television content assets over their expected useful lives. It also includes impairment charges taken when the carrying value of content assets exceeds their fair market value due to changes in market demand or performance expectations.