Warner Bros. Discovery, Inc. WBD Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Global Linear Networks | $17.26B-2.2% | $17.66B-3.1% | $18.23B-5.8% | $19.36B-2.4% | $19.82B-1.7% | |
| Streaming | $11.11B+2.1% | $10.88B+1.3% | $10.73B0.0% | $10.73B+2.1% | $10.51B+1.9% | |
| Studios | $13.43B+6.4% | $12.62B-3.6% | $13.09B+5.1% | $12.45B+12.2% | $11.1B-4.4% | |
| Revenue by Product | ||||||
| Advertising | $7.17B-1.8% | $7.31B-1.7% | $7.43B-3.6% | $7.71B-2.7% | $7.92B-2.1% | |
| Content | $9.67B+0.2% | $9.65B-2.5% | $9.9B-0.7% | $9.97B+3.8% | $9.61B-6.7% | |
| Distribution | $19.28B+0.1% | $19.26B-0.7% | $19.39B-1.1% | $19.61B0.0% | $19.6B-0.5% | |
| Service Other | $1.09B+0.6% | $1.08B-5.6% | $1.15B-1.1% | $1.16B-4.5% | $1.21B-1.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Warner Bros. Discovery, Inc. break its business down?
- Warner Bros. Discovery, Inc. (WBD) reports revenue by business across 3 parts — Global Linear Networks, Streaming and Studios. Each is extracted from the segment footnotes and tracked over time.
- Where does Warner Bros. Discovery, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Warner Bros. Discovery, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
