# Warner Bros. Discovery, Inc. (WBD) FY2026 Q1 P&L / Income Statement

- Company: Warner Bros. Discovery, Inc. (WBD)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-06, accession number 0001437107-26-000057
- Page: https://plicit.ai/financials/wbd/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/wbd-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 8,893,000,000 US dollars
- **Cost of revenue (calculated)**: 4,643,000,000 US dollars
- **Gross profit (calculated)**: 4,250,000,000 US dollars
- **Operating expenses (calculated)**: 6,719,000,000 US dollars
- **Operating loss**: negative 2,469,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 651,000,000 US dollars
- **Loss before income taxes**: negative 3,120,000,000 US dollars
- **Income tax benefit (expense)**: negative 214,000,000 US dollars
- **Net loss**: negative 2,906,000,000 US dollars
- **Distribution**: 4,906,000,000 US dollars
- **Advertising**: 1,847,000,000 US dollars
- **Content**: 1,887,000,000 US dollars
- **Other**: 253,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 4,643,000,000 US dollars
- **Selling, general and administrative**: 2,475,000,000 US dollars
- **Netflix Termination Fee (See Note 1)**: 2,800,000,000 US dollars
- **Depreciation and amortization**: 1,226,000,000 US dollars
- **Restructuring and other charges**: 204,000,000 US dollars
- **Impairments and loss on dispositions**: 14,000,000 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.: −$2.92 B; to noncontrolling interests: $10.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/wbd/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/wbd-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 8,893,000,000 US dollars
- **Cost of revenue (calculated)**: 4,643,000,000 US dollars
- **Gross profit (calculated)**: 4,250,000,000 US dollars
- **Operating expenses (calculated)**: 6,719,000,000 US dollars
- **Operating loss**: negative 2,469,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 651,000,000 US dollars
- **Loss before income taxes**: negative 3,120,000,000 US dollars
- **Income tax benefit (expense)**: negative 214,000,000 US dollars
- **Net loss**: negative 2,906,000,000 US dollars
- **Streaming**: 2,887,000,000 US dollars
- **Studios**: 3,125,000,000 US dollars
- **Global Linear Networks**: 4,377,000,000 US dollars
- **Costs of revenues, excluding depreciation and amortization**: 4,643,000,000 US dollars
- **Selling, general and administrative**: 2,475,000,000 US dollars
- **Netflix Termination Fee (See Note 1)**: 2,800,000,000 US dollars
- **Depreciation and amortization**: 1,226,000,000 US dollars
- **Restructuring and other charges**: 204,000,000 US dollars
- **Impairments and loss on dispositions**: 14,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 10,389,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Inter-segment Eliminations**: negative 1,496,000,000 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.: −$2.92 B; to noncontrolling interests: $10.00 M.