Warner Bros. Discovery, Inc. WBD Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Global Linear Networks | $17.66B-12.5% | $20.18B-5.0% | $21.24B— | —— | |
| Streaming | $10.88B+5.5% | $10.31B+1.6% | $10.15B— | —— | |
| Studios | $12.62B+8.7% | $11.61B-4.8% | $12.19B+25.3% | $9.73B— | |
| Segment Adjusted EBITDA by Business | |||||
| Global Linear Networks | $6.41B-21.3% | $8.15B-10.1% | $9.06B— | —— | |
| Streaming | $1.37B+102% | $677M+557% | $103M— | —— | |
| Studios | $2.55B+54.1% | $1.65B-24.3% | $2.18B+23.2% | $1.77B+12,557% | |
| Other segment expenses by Business | |||||
| Global Linear Networks | $2.18B-4.4% | $2.28B-6.0% | $2.43B— | —— | |
| Streaming | $1.6B+4.4% | $1.53B+6.5% | $1.44B— | —— | |
| Studios | $937M+36.2% | $688M-2.0% | $702M+79.1% | $392M— | |
| Personnel expense by Business | |||||
| Global Linear Networks | $2.01B-6.7% | $2.15B-0.9% | $2.17B— | —— | |
| Streaming | $760M-1.7% | $773M-8.4% | $844M— | —— | |
| Studios | $963M+2.1% | $943M+1.7% | $927M+30.2% | $712M— | |
| FX & Other Adjustments by Business | |||||
| Global Linear Networks | $107M+267% | -$64M— | —— | —— | |
| Streaming | $20M+225% | -$16M— | —— | —— | |
| Studios | $155M+307% | -$75M-217% | $64M+176% | -$84M— | |
| Restructuring Reserve by Business | |||||
| Global Linear Networks | $338M— | —— | —— | —— | |
| Streaming | $120M— | —— | —— | —— | |
| Studios | $222M-19.3% | $275M-32.4% | $407M— | —— | |
| Goodwill, Written off Related to Sale of Business Unit by Business | |||||
| Global Linear Networks | $16M— | —— | —— | —— | |
| Streaming | $0— | —— | —— | —— | |
| Studios | $0— | —— | —— | —— | |
| Consulting fees and other accruals and adjustments by Business | |||||
| Global Linear Networks | $3M+250% | -$2M— | —— | —— | |
| Studios | -$3M— | —— | —— | —— | |
| Restructuring and other charges by Business | |||||
| Global Linear Networks | $69M-18.8% | $85M-57.7% | $201M— | —— | |
| Streaming | $27M+800% | $3M-95.5% | $66M— | —— | |
| Studios | $18M-93.2% | $263M+16.9% | $225M-78.6% | $1.05B— | |
| Payments for Restructuring by Business | |||||
| Global Linear Networks | $105M-41.7% | $180M— | —— | —— | |
| Streaming | $35M-34.0% | $53M— | —— | —— | |
| Studios | $55M-33.7% | $83M-45.8% | $153M— | —— | |
| Restructuring Reserve, Accrual Adjustment by Business | |||||
| Global Linear Networks | -$66M+21.4% | -$84M— | —— | —— | |
| Studios | -$21M— | —— | —— | -$114M— | |
| Marketing expense by Business | |||||
| Global Linear Networks | $529M+16.5% | $454M+3.4% | $439M— | —— | |
| Streaming | $1B-12.8% | $1.15B-12.6% | $1.31B— | —— | |
| Studios | $1.07B+0.2% | $1.06B-16.1% | $1.27B+96.0% | $647M— | |
| Total content amortization and impairment expense by Business | |||||
| Global Linear Networks | $6.09B+43.4% | $4.25B-35.9% | $6.63B— | —— | |
| Streaming | $5.46B-14.8% | $6.42B+4.5% | $6.14B— | —— | |
| Studios | $3.11B-45.4% | $5.69B+12.2% | $5.07B-14.7% | $5.95B— | |
| Content expense by Business | |||||
| Global Linear Networks | $6.52B-8.6% | $7.14B-0.1% | $7.14B— | —— | |
| Streaming | $6.15B-0.6% | $6.18B-4.2% | $6.45B— | —— | |
| Studios | $7.11B-2.1% | $7.26B+2.1% | $7.11B+14.6% | $6.21B— | |
| Revenue by Product | |||||
| Advertising | $7.31B-9.7% | $8.09B-7.0% | $8.7B+2.1% | $8.52B+37.5% | |
| Content | $9.65B-6.3% | $10.3B— | —— | $8.36B+1,034% | |
| Distribution | $19.26B-2.2% | $19.7B— | —— | $16.14B+210% | |
| Service Other | $1.08B-12.3% | $1.23B+4.4% | $1.18B+49.3% | $791M+1,698% | |
| Remaining performance obligations by Product | |||||
| Advertising | $3.39B+21.7% | $2.79B-17.8% | $3.39B— | —— | |
| Distribution | $8.73B-25.8% | $11.77B-23.9% | $15.46B+12.1% | $13.8B+151% |
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.
