What is Warner Bros. Discovery, Inc.'s streaming — goodwill?

Warner Bros. Discovery, Inc. (WBD) reported streaming — goodwill of $8.07B in Q4 2025.

What does streaming — goodwill mean?

This represents the carrying value of goodwill associated with the streaming business segment, arising from past acquisitions. It reflects the premium paid over the fair value of net identifiable assets in the streaming division. Monitoring this balance is essential for assessing the long-term valuation of the company's digital distribution assets.

Warner Bros. Discovery, Inc. WBD Streaming — Goodwill

Other segment segments

Global Linear Networks

$8.51B—

Similar metrics at other companies

NXSTReportable Broadcast — Goodwill

$2.88B0.0%

PATKDistribution — Goodwill

$120.82M+2.9%

NXSTReportable Broadcast — Goodwill Gross

$2.92B0.0%

ROGOther — Goodwill

$2.2M0.0%

GHC

GHCTelevision Broadcasting — Goodwill, Net

$190.82M0.0%

VOYAInvestment Management Segment — Goodwill

$286M0.0%

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$67.64B+160%

Enterprise value$65.87B+164%

P/S1.8×+1.1×

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 / equity0×0.0×

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:Goodwill.

The official record: Warner Bros. Discovery, Inc.’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Warner Bros. Discovery, Inc.'s streaming — goodwill.

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

Connect your AI

Claude

Questions, answered.

What is Warner Bros. Discovery, Inc.'s streaming — goodwill?: Warner Bros. Discovery, Inc. (WBD) reported streaming — goodwill of $8.07B in Q4 2025.
What does streaming — goodwill mean?: This represents the carrying value of goodwill associated with the streaming business segment, arising from past acquisitions. It reflects the premium paid over the fair value of net identifiable assets in the streaming division. Monitoring this balance is essential for assessing the long-term valuation of the company's digital distribution assets.