Operating Cash Flow CAGR:-33.41%(TTM)
Operating cash flow CAGR uses precomputed cash-flow statement history (cash from operations, before capital expenditures).
Over longer horizons, Operating Cash Flow CAGR averages 2.03% over 3 years and 5.89% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Operating cash flow CAGR measures the compound annual growth rate of the cash Warner Bros. Discovery, Inc. generates from its core business operations, before capital expenditures, computed from rolling-twelve-month cash-flow statement history.
WBD Operating Cash Flow CAGR Chart
Warner Bros. Discovery, Inc. (WBD)
WBD Quarterly Operating Cash Flow Growth (YoY)
Operating Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
WBD Operating Cash Flow CAGR History
| Year | Start OCF | End OCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $5.38B | $4.32B | $-1.06B | -19.65% | -19.65% |
| 2024 | $7.48B | $5.38B | $-2.10B | -28.11% | -28.11% |
| 2023 | $4.30B | $7.48B | +$3.17B | +73.72% | +73.72% |
| 2022 | $2.80B | $4.30B | +$1.51B | +53.82% | +53.82% |
| 2021 | $2.74B | $2.80B | +$59.00M | +2.15% | +2.15% |
| 2020 | $3.40B | $2.74B | $-660.00M | -19.42% | -19.42% |
| 2019 | $2.58B | $3.40B | +$823.00M | +31.95% | +31.95% |
| 2018 | $1.63B | $2.58B | +$947.00M | +58.13% | +58.13% |
| 2017 | $1.38B | $1.63B | +$249.00M | +18.04% | +18.04% |
| 2016 | $1.29B | $1.38B | +$86.00M | +6.65% | +6.65% |
| 2015 | $1.32B | $1.29B | $-24.00M | -1.82% | -1.82% |
| 2014 | $1.28B | $1.32B | +$33.00M | +2.57% | +2.57% |
| 2013 | $1.10B | $1.28B | +$186.00M | +16.92% | +16.92% |
| 2012 | $1.10B | $1.10B | $-1.00M | -0.09% | -0.09% |
| 2011 | $668.00M | $1.10B | +$432.00M | +64.67% | +64.67% |
| 2010 | $642.00M | $668.00M | +$26.00M | +4.05% | +4.05% |
| 2009 | $569.00M | $642.00M | +$73.00M | +12.83% | +12.83% |
| 2008 | $57.00M | $569.00M | +$512.00M | +898.25% | +898.25% |
| 2007 | $74.00M | $57.00M | $-17.00M | -22.97% | -22.97% |
| 2006 | $85.29M | $74.00M | $-11.29M | -13.24% | -13.24% |
| 2005 | $84.32M | $85.29M | +$969.00K | +1.15% | +1.15% |
| 2004 | $29.68M | $84.32M | +$54.64M | +184.08% | +184.08% |
Quarterly Operating Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | -$208.00M | — | — |
| Q4 2025 | $1.80B | +84.3% | -33.6% |
| Q3 2025 | $979.00M | -0.4% | +15.6% |
| Q2 2025 | $983.00M | +77.8% | -20.0% |
| Q1 2025 | $553.00M | -79.6% | -5.5% |
| Q4 2024 | $2.71B | +220.5% | -24.1% |
| Q3 2024 | $847.00M | -31.0% | -66.3% |
| Q2 2024 | $1.23B | +109.9% | -39.0% |
| Q1 2024 | $585.00M | -83.7% | — |
| Q4 2023 | $3.58B | +42.2% | +25.7% |
| Q3 2023 | $2.52B | +24.9% | +1929.0% |
| Q2 2023 | $2.01B | — | +99.2% |
| Q1 2023 | -$631.00M | — | — |
| Q4 2022 | $2.85B | +2195.2% | +221.9% |
| Q3 2022 | $124.00M | -87.7% | -84.7% |
| Q2 2022 | $1.01B | +213.0% | +21.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- David Zaslav