# Warner Bros. Discovery, Inc. (WBD) FY2024 Q1 P&L / Income Statement

- Company: Warner Bros. Discovery, Inc. (WBD)
- Period: 2024-01-01 to 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-09, accession number 0001437107-24-000110
- Page: https://plicit.ai/financials/wbd/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/wbd-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 9,958,000,000 US dollars
- **Cost of revenue (calculated)**: 6,058,000,000 US dollars
- **Gross profit (calculated)**: 3,900,000,000 US dollars
- **Operating expenses (calculated)**: 4,167,000,000 US dollars
- **Operating loss**: negative 267,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 552,000,000 US dollars
- **Loss before income taxes**: negative 819,000,000 US dollars
- **Income tax (expense) benefit**: 136,000,000 US dollars
- **Net loss**: negative 955,000,000 US dollars
- **Distribution**: 4,985,000,000 US dollars
- **Advertising**: 2,148,000,000 US dollars
- **Content**: 2,558,000,000 US dollars
- **Other**: 267,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 6,058,000,000 US dollars
- **Depreciation and amortization**: 1,888,000,000 US dollars
- **Selling, general and administrative**: 2,232,000,000 US dollars
- **Restructuring and other charges**: 35,000,000 US dollars
- **Impairment and loss on dispositions**: 12,000,000 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.: −$966.00 M; to noncontrolling interests: $11.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/wbd/fy2024-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/wbd-fy2024-q1-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 9,958,000,000 US dollars
- **Cost of revenue (calculated)**: 6,058,000,000 US dollars
- **Gross profit (calculated)**: 3,900,000,000 US dollars
- **Operating expenses (calculated)**: 4,167,000,000 US dollars
- **Operating loss**: negative 267,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 552,000,000 US dollars
- **Loss before income taxes**: negative 819,000,000 US dollars
- **Income tax (expense) benefit**: 136,000,000 US dollars
- **Net loss**: negative 955,000,000 US dollars
- **Studios**: 2,821,000,000 US dollars
- **Networks**: 5,125,000,000 US dollars
- **DTC Segment**: 2,460,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 6,058,000,000 US dollars
- **Depreciation and amortization**: 1,888,000,000 US dollars
- **Selling, general and administrative**: 2,232,000,000 US dollars
- **Restructuring and other charges**: 35,000,000 US dollars
- **Impairment and loss on dispositions**: 12,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 10,406,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Inter-Segment Eliminations**: negative 448,000,000 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.: −$966.00 M; to noncontrolling interests: $11.00 M.