Warner Bros. Discovery, Inc. (WBD) FY2026 Q2 P&L / Income Statement

Warner Bros. Discovery, Inc. (WBD) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

8,717,000,000 US dollars

Cost of revenue (calculated)

4,621,000,000 US dollars

Gross profit (calculated)

4,096,000,000 US dollars

Operating expenses (calculated)

3,859,000,000 US dollars

Operating income (loss)

237,000,000 US dollars

Other income (expense), net (calculated)

negative 508,000,000 US dollars

(Loss) income before income taxes

negative 271,000,000 US dollars

Income tax benefit (expense)

negative 433,000,000 US dollars

Net income (loss)

162,000,000 US dollars

Distribution

4,950,000,000 US dollars

Advertising

1,724,000,000 US dollars

Content

1,828,000,000 US dollars

Other

215,000,000 US dollars

Costs of revenues, excluding depreciation and amortization

4,621,000,000 US dollars

Selling, general and administrative

2,564,000,000 US dollars

Netflix Termination Fee (See Note 1)

0 US dollars

Depreciation and amortization

1,159,000,000 US dollars

Restructuring and other charges

113,000,000 US dollars

Impairments and loss on dispositions

23,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Warner Bros. Discovery, Inc.: $149.00 M; to noncontrolling interests: $13.00 M.