Segment Adjusted EBITDA
Warner Bros. Discovery, Inc.·Business Segments·3 segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Global Linear Networks | — | — | — | $1.79B | $1.51B | $1.7B | $1.41B | $1.63B |
| Studios | $210M | $308M | $950M | $259M | $863M | $695M | $728M | $775M |
| Streaming | — | — | — | $339M | $293M | $345M | $393M | $438M |
| Total | -$107M | $289M | $409M | $339M | $293M | $345M | $393M | $438M |