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Other segment segments

Global Linear Networks
$4.38B
Streaming
$2.89B

Similar metrics at other companies

PSK
PSKYStudios — Revenue
$1.28B
Comcast logo
CMCSAStudios — Revenue
$3.43B+21.2%
Comcast logo
CMCSAStudios — Programming and production
$2.24B+17.6%
Walt Disney logo
DISEntertainment Segment — Revenue
$11.72B+9.7%
Fox Corporation logo
FOXATelevision — Revenue
$2.2B-18.8%
Hasbro logo
HASFilm and TV — Net revenues
$1.7M-60.5%

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 studios — revenue?
Warner Bros. Discovery, Inc. (WBD) reported studios — revenue of $3.13B in Q1 2026.
How has Warner Bros. Discovery, Inc.'s studios — revenue changed year-over-year?
Warner Bros. Discovery, Inc.'s studios — revenue increased by 35.0% year-over-year, from $2.31B to $3.13B.
What is the long-term trend for Warner Bros. Discovery, Inc.'s studios — revenue?
Over 3 years (2022 to 2025), Warner Bros. Discovery, Inc.'s studios — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $9.73B to $12.62B.
What does studios — revenue mean?
Total gross income generated by the studios segment through the production, distribution, and licensing of film and television content. This is a primary indicator of the segment's market performance and the commercial success of its content library.