Skip to content

Warner Bros. Discovery, Inc. WBD Advertising — Revenue

Other product segments

Distribution
$4.91B
Content
$2.84B
Service Other
$300M-5.4%

Similar metrics at other companies

Versant Media Group, Inc.
 logo
VSNTAdvertising — Revenue
$368M-5.2%
PSK
PSKYAdvertising — Revenue
$2.44B-2.8%
Walt Disney logo
DISAdvertising — Revenue
$2.8B+1.7%
Fox Corporation logo
FOXAAdvertising — Revenue
$1.56B-23.6%
News Corporation logo
NWSAAdvertising — Revenue
$322M+4.5%
Grindr logo
GRNDAdvertising revenue — Revenue
$23.29M+68.0%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$68.19B+162%
Enterprise value$66.42B+166%
P/S1.8×+1.2×

Profitability

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

Returns & leverage

See full
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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Ask your AI about Warner Bros. Discovery, Inc.'s advertising — revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Warner Bros. Discovery, Inc.'s advertising — revenue?
Warner Bros. Discovery, Inc. (WBD) reported advertising — revenue of $1.85B in Q1 2026.
How has Warner Bros. Discovery, Inc.'s advertising — revenue changed year-over-year?
Warner Bros. Discovery, Inc.'s advertising — revenue decreased by 6.7% year-over-year, from $1.98B to $1.85B.
What is the long-term trend for Warner Bros. Discovery, Inc.'s advertising — revenue?
Over 4 years (2021 to 2025), Warner Bros. Discovery, Inc.'s advertising — revenue has grown at a 4.2% compound annual growth rate (CAGR), from $6.2B to $7.31B.
What does advertising — revenue mean?
This metric measures the total gross revenue generated from the sale of advertising inventory across the company's various media platforms, including cable networks and digital streaming services. It reflects the company's ability to monetize its content reach and audience engagement through commercial airtime and digital ad placements. This is a primary indicator of the health of the company's media business and its attractiveness to advertisers.