
Warner Bros. Discovery, Inc.
WBDNASDAQCommunication ServicesEntertainment
Previous close
$28.55
+$0.32 · +1.13%
Pre-market
$28.48
−$0.07 · -0.25%
Aug 24, 4:55 AM ET
WBD company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
69
Undervalued
Momentum
46
Neutral
Sentiment
62
Bullish
Risk resilience
75
Moderate Risk
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Company profile
Company websiteWarner 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.
- Industry
- Entertainment
- Sector
- Communication Services
- Headquarters
- US
- CEO
- David Zaslav
- Listed since
- Jul 8, 2005
- Employees
- 35,500
Market position
Day range
Current $28.55
52-week range
Current $28.55
- Open
- $28.37
- Previous close
- $28.23
- Volume
- 15.12M
- 0.72× average
- Average volume
- 21.03M
- Average daily volume
- Market cap
- 71.58B USD
- Beta
- 1.57
- Market reference 1
- 50-day average
- $26.7358
- +6.79% above average
- 200-day average
- $26.9974
- +5.75% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 99.33B USD
- P/E (TTM)
- -22.48×
- P/B (TTM)
- 2.18×
- P/S (TTM)
- 1.98×
- EV / EBITDA
- 10.55×
- Earnings yield
- 1.02%
- Free cash flow yield
- 4.33%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 43.43%
- Operating margin
- 5.35%
- Net margin
- -8.77%
- Return on equity
- 2.02%
- Return on assets
- 0.73%
- Return on invested capital
- 0.68%
Financial health
- Debt / equity
- 0.98×
- Current ratio
- 1.06×
- Altman Z-score
- 0.75
- Piotroski F-score
- 4 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 37.3B USD | 39.32B USD | 41.32B USD | 33.82B USD | 12.19B USD |
| Cost of goods sold | 26.79B USD | 22.97B USD | 24.53B USD | 20.44B USD | 4.62B USD |
| Gross profit | 10.51B USD | 16.35B USD | 16.8B USD | 13.38B USD | 7.57B USD |
| Selling, general, and administrative | 9.42B USD | 9.3B USD | 9.7B USD | 9.68B USD | 4.02B USD |
| Operating expenses | 9.2B USD | 26.38B USD | 18.34B USD | 20.75B USD | 5.56B USD |
| Interest income | 206M USD | 210M USD | 179M USD | 67M USD | 18M USD |
| Interest expense | 2.09B USD | 2.02B USD | 2.22B USD | 1.78B USD | 633M USD |
| Depreciation and amortization | 5.68B USD | 20.98B USD | 24.01B USD | 21.35B USD | 5.08B USD |
| Operating income | 1.31B USD | −10.03B USD | −1.55B USD | −7.37B USD | 2.01B USD |
| Net income | 727M USD | −11.31B USD | −3.13B USD | −7.37B USD | 1.01B USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 36%
- 4 beats, 7 misses, 0 met estimates
- Average EPS surprise
- -251.67%
- 11 comparable reports
- Latest EPS result
- 0.06
- Estimate -0.14 · Beat by 142.72%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$31.00
8.58% upsideRating distribution
32 ratingsRecent analyst actions
WBD news
Corporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Aug 7, 2014 | 1,957:1,000 | — | — |
Stock split | Sep 18, 2008 | 1:2 | — | — |
Effective Aug 7, 2014
1,957:1,000
Effective Sep 18, 2008
1:2
WBD peers
ETFs holding WBD
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI1.99B0.09%2.3T USD0.03%$378.24+0.44%
Vanguard S&P 500 ETFVOO1.71B0.10%1.7T USD0.03%$703.71+0.39%
Invesco QQQ Trust, Series 1QQQ1.52B0.31%485.41B USD0.18%$713.44+0.35%
Vanguard Morningstar Mid-Cap ETFVO1.36B0.60%224.7B USD0.03%$82.97+0.53%
State Street Communication Services Select Sector SPDR ETFXLC1.04B4.65%22.3B USD0.08%$111.4+0.65%
iShares Core S&P 500 ETFIVV943.05M0.11%891.84B USD0.03%$769.31+0.39%
State Street SPDR S&P 500 ETFSPY870.14M0.11%817.87B USD0.09%$765.72+0.41%
Vanguard Morningstar Value ETFVTV596.7M0.23%256.5B USD0.03%$226.4+0.54%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 1.99B
- Weight
- 0.09%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard S&P 500 ETFVOO- Market value
- 1.71B
- Weight
- 0.10%
- AUM
- 1.7T USD
- Expense ratio
- 0.03%
- Price / 1D
- $703.71+0.39%
Invesco QQQ Trust, Series 1QQQ- Market value
- 1.52B
- Weight
- 0.31%
- AUM
- 485.41B USD
- Expense ratio
- 0.18%
- Price / 1D
- $713.44+0.35%
Vanguard Morningstar Mid-Cap ETFVO- Market value
- 1.36B
- Weight
- 0.60%
- AUM
- 224.7B USD
- Expense ratio
- 0.03%
- Price / 1D
- $82.97+0.53%
State Street Communication Services Select Sector SPDR ETFXLC- Market value
- 1.04B
- Weight
- 4.65%
- AUM
- 22.3B USD
- Expense ratio
- 0.08%
- Price / 1D
- $111.4+0.65%
iShares Core S&P 500 ETFIVV- Market value
- 943.05M
- Weight
- 0.11%
- AUM
- 891.84B USD
- Expense ratio
- 0.03%
- Price / 1D
- $769.31+0.39%
State Street SPDR S&P 500 ETFSPY- Market value
- 870.14M
- Weight
- 0.11%
- AUM
- 817.87B USD
- Expense ratio
- 0.09%
- Price / 1D
- $765.72+0.41%
Vanguard Morningstar Value ETFVTV- Market value
- 596.7M
- Weight
- 0.23%
- AUM
- 256.5B USD
- Expense ratio
- 0.03%
- Price / 1D
- $226.4+0.54%
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