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Warner Bros. Discovery, Inc. WBD Studios — 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 studios — payments for restructuring?
Warner Bros. Discovery, Inc. (WBD) reported studios — payments for restructuring of $4M in Q1 2026.
How has Warner Bros. Discovery, Inc.'s studios — payments for restructuring changed year-over-year?
Warner Bros. Discovery, Inc.'s studios — payments for restructuring decreased by 83.3% year-over-year, from $24M to $4M.
What does studios — payments for restructuring mean?
The actual cash outflow associated with executing restructuring plans within the studios segment, such as severance payments or lease terminations. This metric provides visibility into the cash impact of organizational changes.