# Warner Bros. Discovery, Inc. (WBD) FY2025 Q3 P&L / Income Statement

- Company: Warner Bros. Discovery, Inc. (WBD)
- Period: 2025-07-01 to 2025-09-30
- Filing: Q3 FY2025 10-Q, filed 2025-11-06, accession number 0001437107-25-000216
- Page: https://plicit.ai/financials/wbd/fy2025-q3-income-statement
- Chart image: https://plicit.ai/charts/wbd-fy2025-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-07-01 through 2025-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 9,045,000,000 US dollars
- **Cost of revenue (calculated)**: 4,564,000,000 US dollars
- **Gross profit (calculated)**: 4,481,000,000 US dollars
- **Operating expenses (calculated)**: 3,870,000,000 US dollars
- **Operating income (loss)**: 611,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 584,000,000 US dollars
- **Income (loss) before income taxes**: 27,000,000 US dollars
- **Income tax (expense) benefit**: 170,000,000 US dollars
- **Net (loss) income**: negative 143,000,000 US dollars
- **Distribution**: 4,702,000,000 US dollars
- **Advertising**: 1,407,000,000 US dollars
- **Content**: 2,649,000,000 US dollars
- **Other**: 287,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 4,564,000,000 US dollars
- **Depreciation and amortization**: 1,375,000,000 US dollars
- **Selling, general and administrative**: 2,361,000,000 US dollars
- **Restructuring and other charges**: 88,000,000 US dollars
- **Impairments and loss on dispositions**: 46,000,000 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.: −$148.00 M; to noncontrolling interests: $5.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/wbd/fy2025-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/wbd-fy2025-q3-revenue-by-business-segment-sankey.png

Income statement for 2025-07-01 through 2025-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 9,045,000,000 US dollars
- **Cost of revenue (calculated)**: 4,564,000,000 US dollars
- **Gross profit (calculated)**: 4,481,000,000 US dollars
- **Operating expenses (calculated)**: 3,870,000,000 US dollars
- **Operating income (loss)**: 611,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 584,000,000 US dollars
- **Income (loss) before income taxes**: 27,000,000 US dollars
- **Income tax (expense) benefit**: 170,000,000 US dollars
- **Net (loss) income**: negative 143,000,000 US dollars
- **Streaming**: 2,633,000,000 US dollars
- **Studios**: 3,321,000,000 US dollars
- **Global Linear Networks**: 3,883,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 4,564,000,000 US dollars
- **Depreciation and amortization**: 1,375,000,000 US dollars
- **Selling, general and administrative**: 2,361,000,000 US dollars
- **Restructuring and other charges**: 88,000,000 US dollars
- **Impairments and loss on dispositions**: 46,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 9,837,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Inter-segment Eliminations**: negative 792,000,000 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.: −$148.00 M; to noncontrolling interests: $5.00 M.