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Warner Bros. Discovery, Inc. WBD Distribution — Revenue

Other product segments

Content
$2.84B
Advertising
$1.85B-6.7%
Service Other
$300M-5.4%

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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 →

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Questions, answered.

What is Warner Bros. Discovery, Inc.'s distribution — revenue?
Warner Bros. Discovery, Inc. (WBD) reported distribution — revenue of $4.91B in Q1 2026.
How has Warner Bros. Discovery, Inc.'s distribution — revenue changed year-over-year?
Warner Bros. Discovery, Inc.'s distribution — revenue increased by 0.4% year-over-year, from $4.89B to $4.91B.
What is the long-term trend for Warner Bros. Discovery, Inc.'s distribution — revenue?
Over 3 years (2021 to 2025), Warner Bros. Discovery, Inc.'s distribution — revenue has grown at a 54.7% compound annual growth rate (CAGR), from $5.2B to $19.26B.
What does distribution — revenue mean?
This metric tracks the total revenue generated from the distribution of content, including licensing movies and television shows to third-party platforms, syndication, and home entertainment. It serves as a primary indicator of the commercial success and market demand for the company's intellectual property portfolio. Monitoring this revenue stream helps evaluate the effectiveness of the company's content monetization strategy across various platforms.