Warner Bros. Discovery posted a net loss of $148 million for Q3 2025, with total revenue declining 6% year-over-year. Studios showed strong performance, but declines in the Global Linear Networks segment and separation-related costs weighed on the results.

WBD posted $9.81B in revenue and $1.58B in net income, as Studios revenue surged 55% and streaming added 3.4M subscribers. Adjusted EBITDA rose 9% year-over-year to $1.95B.

WBD posted a net loss of $453 million in Q1 2025, with revenue declining 10% year-over-year. Despite challenges in linear and studios businesses, streaming EBITDA saw strong improvement driven by subscriber and ad growth.

Warner Bros Discovery (WBD) saw strong Direct-to-Consumer (DTC) growth in Q4 2024, with a 20% increase in DTC subscribers and significant Adjusted EBITDA improvements. The company generated $2.7 billion in operating cash flow and $2.4 billion in free cash flow. Networks revenue declined 4% year-over-year, while Studios revenue grew 15%. Net income was reported at -$494 million, including restructuring expenses and content fair value step-up charges.

Warner Bros. Discovery's Q3 2024 results revealed a 3% decrease in revenue ex-FX compared to the prior year quarter, totaling $9.6 billion. Net income stood at $0.1 billion, including $1.6 billion in pre-tax acquisition-related expenses. Despite revenue challenges, the company saw significant growth in its global DTC subscribers, reaching 110.5 million, and expanded its strategic partnership with Charter Communications.

Warner Bros. Discovery's Q2 2024 results showed a decrease in total revenues and a significant net loss, which included a $9.1 billion non-cash goodwill impairment charge. However, the global DTC subscribers increased by 3.6 million, and Global DTC ARPU saw a 4% ex-FX increase.

Warner Bros. Discovery's Q1 revenues decreased by 7% ex-FX compared to the prior year. The company reported a net loss of $(966) million, which includes significant pre-tax acquisition-related expenses. However, free cash flow improved by $1.3 billion year-over-year, and global DTC subscribers increased to 99.6 million.

Warner Bros. Discovery's Q4 2023 results showed a revenue of $10.284 billion, a net loss of $400 million, and an adjusted EBITDA of $2.471 billion. The company's global DTC subscribers reached 97.7 million. The company generated $6.2 billion in free cash flow and paid down $5.4 billion in debt in 2023.

Warner Bros. Discovery reported a slight increase in Q3 revenues, growing to $9.979 billion. The company's Adjusted EBITDA saw substantial growth, increasing by 22% ex-FX. Free cash flow reached $2.059 billion, and the company made significant strides in debt repayment, reducing it by $2.4 billion during the quarter. Global DTC subscribers experienced a slight decrease, while global DTC ARPU increased by 6% ex-FX.

Warner Bros. Discovery reported Q2 revenues of $10.358 billion, a decrease of 4% ex-FX. Net loss was $(1,240) million, while adjusted EBITDA increased by 23% ex-FX to $2,149 million. The company generated $1.722 billion in free cash flow and reduced its global DTC subscribers by 1.8 million to 95.8 million.

Warner Bros. Discovery's Q1 2023 results revealed a net loss but also showed positive strides in DTC subscriber growth and adjusted EBITDA. The company is focusing on restructuring and deleveraging its balance sheet, with expectations of profitability in the U.S. DTC business ahead of schedule.

Warner Bros. Discovery reported Q4 2022 results with total revenues of $11.008 billion, a net loss of $(2,101) million, and adjusted EBITDA of $2,603 million. The company saw an increase in global DTC subscribers to 96.1 million and reported free cash flow of $2,482 million.

Warner Bros. Discovery reported Q3 total revenues of $9.823 billion, a decrease of 8% ex-FX compared to the prior year. The company had a net loss of $(2,308) million, including significant pre-tax amortization and restructuring charges. Global DTC subscribers reached 94.9 million, an increase of 2.8 million from the previous quarter. The company ended the quarter with $2.5 billion in cash and a net leverage of 5.1x.

Warner Bros. Discovery reported Q2 total revenues of $9.827 billion. The company experienced a net loss of $(3,418) million, including significant charges for amortization, restructuring, and merger-related expenses. However, the company increased DTC subscribers to 92.1 million and reported free cash flow of $789 million.

Warner Bros. Discovery's Q1 2022 results reflect Discovery, Inc.'s performance, with a 13% increase in total revenues to $3,159 million. Net income was $456 million, and free cash flow increased by 33% to $238 million. The company ended the quarter with 24 million DTC subscribers.

Discovery, Inc. reported a 10% increase in Q4 total revenues to $3,187 million and ended the year with 22 million DTC subscribers. The company's U.S. advertising revenues increased by 5%, and distribution revenues increased by 17%. International advertising revenues grew by 10%, and distribution revenues increased by 2%. Net income available to Discovery, Inc. was $38 million, and free cash flow was $784 million for the quarter.

Discovery, Inc. reported strong third-quarter results with a 23% increase in total revenues, driven by growth in both advertising and distribution revenues. The company's direct-to-consumer business also saw significant growth, reaching 20 million paid subscribers. However, net income available to Discovery, Inc. decreased by 48% compared to the prior year quarter.

Discovery, Inc. reported a 21% increase in total revenues to $3,062 million for the second quarter of 2021. Net income available to Discovery, Inc. was $672 million, and diluted earnings per share was $1.01. The company ended the quarter with 17 million direct-to-consumer subscribers and generated nearly $400 million of next-generation revenues.

Discovery, Inc. reported a 4% increase in total revenues to $2,792 million for the first quarter of 2021. The company's global direct-to-consumer subscribers reached 13 million. Net income available to Discovery, Inc. was $140 million, with diluted earnings per share at $0.21. Free cash flow was $179 million.

Discovery, Inc. reported flat total revenues for Q4 2020, with growth in U.S. distribution revenues and international viewing share. The company surpassed 11 million total paying direct-to-consumer subscribers globally. Adjusted OIBDA and free cash flow decreased due to the negative impact of COVID-19 and increased investments in content and next-generation initiatives.

Discovery, Inc. reported a 4% decrease in total revenues to $2,561 million for Q3 2020. Net income available to Discovery, Inc. was $300 million, with EPS at $0.44 per diluted share. Adjusted EPS was $0.81 per diluted share. The company repurchased 11.2 million Series C common shares for $228 million.

Discovery, Inc. reported a 12% decrease in total revenues to $2,541 million and a 71% decrease in net income to $271 million compared to the prior year quarter. The company generated $879 million in free cash flow and announced its intention to resume share repurchases. The company's top priority is the health and safety of its employees as global economies and offices begin to reopen.

Discovery, Inc. reported a 1% decrease in total revenues to $2,683 million, but were flat ex-FX. Net income available to Discovery was $377 million, with diluted EPS at $0.55 per share. Adjusted EPS was $0.87 per diluted share. Free cash flow was $230 million.

Discovery, Inc. reported a 2% increase in total revenues to $2,874 million and an increase in net income available to Discovery, Inc. to $476 million. Diluted EPS increased to $0.67 per share, and adjusted EPS increased to $0.98 per diluted share. Free cash flow increased 27% to $1,132 million.