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FY'25FY'24FY'23FY'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
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%

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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.