Warner Bros. Discovery, Inc. (WBD) FY2024 Annual P&L / Income Statement

Warner Bros. Discovery, Inc. (WBD) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

39,321,000,000 US dollars

Cost of revenue (calculated)

22,970,000,000 US dollars

Gross profit (calculated)

16,351,000,000 US dollars

Operating expenses (calculated)

26,383,000,000 US dollars

Operating loss

negative 10,032,000,000 US dollars

Other income (expense), net (calculated)

negative 1,356,000,000 US dollars

Loss before income taxes

negative 11,388,000,000 US dollars

Income tax (expense) benefit

94,000,000 US dollars

Net loss

negative 11,482,000,000 US dollars

Studios

11,607,000,000 US dollars

Networks

20,175,000,000 US dollars

DTC Segment

10,313,000,000 US dollars

Costs of revenues, excluding depreciation and amortization

22,970,000,000 US dollars

Restructuring and other charges

447,000,000 US dollars

Selling, general and administrative

9,296,000,000 US dollars

Impairments and loss on dispositions

9,603,000,000 US dollars

Depreciation and amortization

7,037,000,000 US dollars

Revenue before reconciliation (calculated)

42,095,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Corporate and inter-segment eliminations

negative 2,774,000,000 US dollars. Reported reconciliation to consolidated revenue.

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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to Warner Bros. Discovery, Inc.: −$11.31 B; to noncontrolling interests: −$171.00 M.