Warner Bros. Discovery (WBD) Stock: Charts & Financials

Warner Bros. Discovery, Inc. (WBD)WBDWarner Bros. Discovery, Inc.

About Warner Bros. Discovery, Inc.

Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.

New York City, NY

35,500 employees

ir.wbd.com

Communication Services / Entertainment

Sector: Communication Services
Industry: Entertainment
CEO: David Zaslav

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Total Current Assets	12.54B	12.54B	11.74B	13.21B	13.06B	13.61B	12.78B	14.08B	12.51B
Cash & Cash Equivalents	3.37B	3.37B	3.26B	4.57B	3.99B	4.89B	3.87B	5.31B	3.34B
Short-Term Investments	0.00	0.00	0.00	0.00	348.00M	29.00M	0.00	0.00	0.00
Cash & Short-Term Investments	3.37B	3.37B	3.26B	4.57B	4.33B	4.92B	3.87B	5.31B	3.34B
Accounts Receivable	4.95B	4.95B	5.01B	5.29B	5.13B	5.38B	4.66B	5.93B	5.53B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	97.25B	97.25B	97.84B	100.08B	100.52B	101.73B	101.68B	104.56B	106.33B
Property, Plant & Equipment	6.65B	6.65B	6.64B	6.68B	6.52B	6.41B	6.21B	6.09B	6.16B
Goodwill	25.86B	25.86B	25.87B	25.93B	25.92B	25.94B	25.75B	25.67B	25.87B
Intangible Assets	25.92B	25.92B	26.80B	27.76B	28.79B	48.72B	49.85B	51.40B	53.81B
Long-Term Investments	0.00	0.00	0.00	0.00	1.47B	1.46B	0.00	0.00	0.00
Total Current Liabilities	16.14B	16.14B	16.11B	12.50B	12.16B	13.04B	15.29B	15.81B	15.70B
Accounts Payable	1.06B	1.06B	1.11B	1.09B	1.08B	1.07B	1.01B	1.05B	1.12B
Short-Term Debt	1.49B	1.49B	1.49B	139.00M	364.00M	221.00M	2.78B	2.75B	3.04B
Total Liabilities	63.25B	63.25B	64.13B	62.92B	63.21B	64.38B	66.51B	69.62B	70.16B
Long-Term Debt	0.00	0.00	30.97B	32.43B	33.38B	34.41B	34.65B	36.76B	37.17B
Total Debt	1.49B	1.49B	32.47B	32.57B	33.75B	34.63B	37.43B	39.51B	40.21B
Net Debt (Cash)	-1.88B	-1.88B	29.20B	28.00B	29.76B	29.74B	33.56B	34.19B	36.87B
Total Shareholders' Equity	32.84B	32.84B	32.58B	35.92B	36.02B	36.05B	33.84B	34.04B	35.10B
Common Stock	27.00M	27.00M	27.00M	27.00M	27.00M	27.00M	27.00M	27.00M	27.00M
Retained Earnings	-14.28B	-14.28B	-14.43B	-11.51B	-11.26B	-11.11B	-12.69B	-12.24B	-11.74B
Current Ratio	0.78	0.78	0.73	1.06	1.07	1.04	0.84	0.89	0.80
Debt to Equity Ratio	0.05	0.05	1.00	0.91	0.94	0.96	1.11	1.16	1.15

Quarterly Report

TTM

Quarter ended Jun 2026

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Total Current Assets

12.54B

11.74B

13.21B

13.06B

13.61B

12.78B

14.08B

12.51B

Cash & Cash Equivalents

3.37B

3.26B

4.57B

3.99B

4.89B

3.87B

5.31B

3.34B

Short-Term Investments

0.00

348.00M

29.00M

0.00

Cash & Short-Term Investments

3.37B

3.26B

4.57B

4.33B

4.92B

3.87B

5.31B

3.34B

Accounts Receivable

4.95B

5.01B

5.29B

5.13B

5.38B

4.66B

5.93B

5.53B

Inventory

0.00

Total Assets

97.25B

97.84B

100.08B

100.52B

101.73B

101.68B

104.56B

106.33B

Property, Plant & Equipment

6.65B

6.64B

6.68B

6.52B

6.41B

6.21B

6.09B

6.16B

Goodwill

25.86B

25.87B

25.93B

25.92B

25.94B

25.75B

25.67B

25.87B

Intangible Assets

25.92B

26.80B

27.76B

28.79B

48.72B

49.85B

51.40B

53.81B

Long-Term Investments

0.00

1.47B

1.46B

0.00

Total Current Liabilities

16.14B

16.11B

12.50B

12.16B

13.04B

15.29B

15.81B

15.70B

Accounts Payable

1.06B

1.11B

1.09B

1.08B

1.07B

1.01B

1.05B

1.12B

Short-Term Debt

1.49B

139.00M

364.00M

221.00M

2.78B

2.75B

3.04B

Total Liabilities

63.25B

64.13B

62.92B

63.21B

64.38B

66.51B

69.62B

70.16B

Long-Term Debt

0.00

30.97B

32.43B

33.38B

34.41B

34.65B

36.76B

37.17B

Total Debt

1.49B

32.47B

32.57B

33.75B

34.63B

37.43B

39.51B

40.21B

Net Debt (Cash)

-1.88B

29.20B

28.00B

29.76B

29.74B

33.56B

34.19B

36.87B

Total Shareholders' Equity

32.84B

32.58B

35.92B

36.02B

36.05B

33.84B

34.04B

35.10B

Common Stock

27.00M

Retained Earnings

-14.28B

-14.43B

-11.51B

-11.26B

-11.11B

-12.69B

-12.24B

-11.74B

Current Ratio

0.78

0.73

1.06

1.07

1.04

0.84

0.89

0.80

Debt to Equity Ratio

0.05

1.00

0.91

0.94

0.96

1.11

1.16

1.15

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	13.21B	14.08B	14.22B	14.00B	7.26B	6.13B	5.22B	4.23B
Cash & Cash Equivalents	4.57B	5.31B	3.78B	3.73B	3.90B	2.09B	1.55B	986.00M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	4.57B	5.31B	3.78B	3.73B	3.90B	2.09B	1.55B	986.00M
Accounts Receivable	5.29B	5.93B	7.31B	7.61B	2.45B	2.54B	2.63B	2.62B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	100.08B	104.56B	122.76B	134.00B	34.43B	34.09B	33.73B	32.55B
Property, Plant & Equipment	6.68B	6.09B	5.96B	5.30B	1.34B	1.21B	951.00M	800.00M
Goodwill	25.93B	25.67B	34.97B	34.44B	12.91B	13.07B	13.05B	13.01B
Intangible Assets	27.76B	51.40B	59.51B	71.63B	10.15B	11.08B	11.80B	12.74B
Long-Term Investments	0.00	0.00	0.00	0.00	543.00M	507.00M	568.00M	935.00M
Total Current Liabilities	12.50B	15.81B	15.33B	15.02B	3.46B	3.08B	3.24B	4.00B
Accounts Payable	1.09B	1.05B	1.26B	1.45B	412.00M	397.00M	463.00M	325.00M
Short-Term Debt	139.00M	2.75B	1.78B	365.00M	339.00M	335.00M	609.00M	1.82B
Total Liabilities	62.92B	69.62B	76.28B	85.33B	21.03B	21.70B	21.77B	22.03B
Long-Term Debt	32.43B	36.76B	41.89B	48.63B	14.42B	15.07B	14.81B	14.97B
Total Debt	32.57B	39.51B	43.67B	49.00B	14.76B	15.40B	15.42B	16.79B
Net Debt (Cash)	28.00B	34.19B	39.89B	45.27B	10.85B	13.31B	13.87B	15.81B
Total Shareholders' Equity	35.92B	34.04B	45.23B	47.09B	11.60B	10.46B	9.89B	8.39B
Common Stock	27.00M	27.00M	27.00M	27.00M	7.00M	7.00M	7.00M	7.00M
Retained Earnings	-11.51B	-12.24B	-928.00M	2.21B	9.58B	8.54B	7.33B	5.25B
Current Ratio	1.06	0.89	0.93	0.93	2.10	1.99	1.61	1.06
Debt to Equity Ratio	0.91	1.16	0.97	1.04	1.27	1.47	1.56	2.00

Annual Report

12/31/2025

12/31/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Total Current Assets

13.21B

14.08B

14.22B

14.00B

7.26B

6.13B

5.22B

4.23B

Cash & Cash Equivalents

4.57B

5.31B

3.78B

3.73B

3.90B

2.09B

1.55B

986.00M

Short-Term Investments

0.00

Cash & Short-Term Investments

4.57B

5.31B

3.78B

3.73B

3.90B

2.09B

1.55B

986.00M

Accounts Receivable

5.29B

5.93B

7.31B

7.61B

2.45B

2.54B

2.63B

2.62B

Inventory

0.00

Total Assets

100.08B

104.56B

122.76B

134.00B

34.43B

34.09B

33.73B

32.55B

Property, Plant & Equipment

6.68B

6.09B

5.96B

5.30B

1.34B

1.21B

951.00M

800.00M

Goodwill

25.93B

25.67B

34.97B

34.44B

12.91B

13.07B

13.05B

13.01B

Intangible Assets

27.76B

51.40B

59.51B

71.63B

10.15B

11.08B

11.80B

12.74B

Long-Term Investments

0.00

543.00M

507.00M

568.00M

935.00M

Total Current Liabilities

12.50B

15.81B

15.33B

15.02B

3.46B

3.08B

3.24B

4.00B

Accounts Payable

1.09B

1.05B

1.26B

1.45B

412.00M

397.00M

463.00M

325.00M

Short-Term Debt

139.00M

2.75B

1.78B

365.00M

339.00M

335.00M

609.00M

1.82B

Total Liabilities

62.92B

69.62B

76.28B

85.33B

21.03B

21.70B

21.77B

22.03B

Long-Term Debt

32.43B

36.76B

41.89B

48.63B

14.42B

15.07B

14.81B

14.97B

Total Debt

32.57B

39.51B

43.67B

49.00B

14.76B

15.40B

15.42B

16.79B

Net Debt (Cash)

28.00B

34.19B

39.89B

45.27B

10.85B

13.31B

13.87B

15.81B

Total Shareholders' Equity

35.92B

34.04B

45.23B

47.09B

11.60B

10.46B

9.89B

8.39B

Common Stock

27.00M

7.00M

Retained Earnings

-11.51B

-12.24B

-928.00M

2.21B

9.58B

8.54B

7.33B

5.25B

Current Ratio

1.06

0.89

0.93

2.10

1.99

1.61

1.06

Debt to Equity Ratio

0.91

1.16

0.97

1.04

1.27

1.47

1.56

2.00

Balance Sheet

Quarterly Balance Sheet (USD)

Annual Balance Sheet (USD)