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Warner Bros. Discovery, Inc. WBD Streaming — Restructuring and other charges

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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:RestructuringCharges.

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 — restructuring and other charges?
Warner Bros. Discovery, Inc. (WBD) reported streaming — restructuring and other charges of $26M in Q1 2026.
How has Warner Bros. Discovery, Inc.'s streaming — restructuring and other charges changed year-over-year?
Warner Bros. Discovery, Inc.'s streaming — restructuring and other charges increased by 116.7% year-over-year, from $12M to $26M.
What is the long-term trend for Warner Bros. Discovery, Inc.'s streaming — restructuring and other charges?
Over 2 years (2023 to 2025), Warner Bros. Discovery, Inc.'s streaming — restructuring and other charges has grown at a -36.0% compound annual growth rate (CAGR), from $66M to $27M.
What does streaming — restructuring and other charges mean?
Represents non-recurring costs associated with organizational realignment, asset impairments, or strategic shifts within the streaming business unit. These charges often reflect the financial impact of integrating legacy operations or streamlining content portfolios. Investors monitor these to distinguish between core operating performance and one-time transformation costs.