Warner Bros. Discovery, Inc. (WBD) FY2025 YTD Q3 P&L / Income Statement
2025-01-01 to 2025-09-30
Revenue by Product and Service
2025-01-01 to 2025-09-30
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Warner Bros. Discovery, Inc. (WBD) FY2025 YTD Q3 P&L / Income Statement
Income statement for 2025-01-01 through 2025-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 27,836,000,000 US dollars
- Cost of revenue (calculated)
- 15,662,000,000 US dollars
- Gross profit (calculated)
- 12,174,000,000 US dollars
- Operating expenses (calculated)
- 11,785,000,000 US dollars
- Operating income (loss)
- 389,000,000 US dollars
- Other income (expense), net (calculated)
- 1,658,000,000 US dollars
- Income (loss) before income taxes
- 2,047,000,000 US dollars
- Income tax (expense) benefit
- 1,051,000,000 US dollars
- Net (loss) income
- 996,000,000 US dollars
- Distribution
- 14,473,000,000 US dollars
- Advertising
- 5,603,000,000 US dollars
- Content
- 6,986,000,000 US dollars
- Other
- 774,000,000 US dollars
- Costs of revenues, excluding depreciation and amortization
- 15,662,000,000 US dollars
- Depreciation and amortization
- 4,369,000,000 US dollars
- Selling, general and administrative
- 7,032,000,000 US dollars
- Restructuring and other charges
- 222,000,000 US dollars
- Impairments and loss on dispositions
- 162,000,000 US dollars
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- 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.: $979.00 M; to noncontrolling interests: $17.00 M.

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Gross margin
43.7%
Gross profit / revenue
Operating margin
1.4%
Operating profit / revenue
Cash conversion
252.5%
Operating cash / net income, same period
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