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Warner Bros. Discovery, Inc. WBD Streaming — Payments for Restructuring

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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$67.64B+160%
Enterprise value$65.87B+164%
P/S1.8×+1.1×

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:PaymentsForRestructuring.

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 streaming — payments for restructuring?
Warner Bros. Discovery, Inc. (WBD) reported streaming — payments for restructuring of $19M in Q1 2026.
How has Warner Bros. Discovery, Inc.'s streaming — payments for restructuring changed year-over-year?
Warner Bros. Discovery, Inc.'s streaming — payments for restructuring increased by 533.3% year-over-year, from $3M to $19M.
What does streaming — payments for restructuring mean?
The actual cash outflow utilized to settle restructuring obligations within the streaming business. Unlike accruals, this represents the realized impact on liquidity and cash flow. It tracks the pace at which the company is executing its cost-reduction or reorganization strategy.