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    W

    Warner Bros Discovery Inc (WBD)

    Official site

    COMMUNICATION SERVICES • ENTERTAINMENT • NASDAQ

    $30.95
    +0.00 (+0.00%)

    Market Cap: $77.60B

    Last updated: Oct 07, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    41%(16/39)
    Avg Surprise
    -154.50%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-0.04
    Range$-0.23 - $0.04
    8 analysts
    EPS Revisions
    3
    0
    7d
    3
    7
    30d
    EPS Estimate DriftChange to current
    90d ago$0.01-460.5%
    60d ago$0.00-1190.2%
    30d ago$-0.00-1496.4%
    7d ago$-0.00-1496.4%
    Current$-0.04
    Revenue Consensus
    $8.7B
    Range$8.2B - $9.1B
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.97
    Range$-1.36 - $-0.80
    9 analysts
    Revenue Consensus
    $9.4B
    Range$8.5B - $10.4B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$-0.97---
    Sep 26EST
    		-$-0.04---
    Jun 26
    Reported Aug 6
    		$0.06N/A+146.15%Beat-90.5%
    Mar 26
    Reported May 6
    		$-1.17$-0.07-1511.57%Miss-550.0%
    Dec 25
    Reported Feb 25
    		$-0.10$0.02-600.00%Miss+50.0%
    Sep 25
    Reported Nov 6
    		$-0.06$-0.08+25.00%Beat-220.0%
    Jun 25
    Reported Aug 7
    		$0.63$-0.16+493.75%Beat+450.0%
    Mar 25
    Reported May 8
    		$-0.18$-0.12-50.00%Miss+25.0%
    Dec 24
    Reported Feb 27
    		$-0.20$0.03-878.21%Miss-25.0%
    Sep 24
    Reported Nov 7
    		$0.05$-0.07+171.43%Beat+129.4%
    Jun 24
    Reported Aug 7
    		$-0.18$-0.22+18.18%Beat+64.7%
    Mar 24
    Reported May 9
    		$-0.24$-0.40+40.00%Beat+45.5%
    Dec 23
    Reported Feb 23
    		$-0.16$-0.07-128.57%Miss+61.9%
    Sep 23
    Reported Nov 8
    		$-0.17$-0.09-88.89%Miss+22.7%
    Jun 23
    Reported Aug 3
    		$-0.51$-0.41-24.39%Miss+66.0%
    Mar 23
    Reported May 5
    		$-0.44$0.01-4500.00%Miss-163.8%
    Dec 22
    Reported Feb 23
    		$-0.42$-0.24-75.00%Miss-625.0%
    Sep 22
    Reported Nov 3
    		$-0.22$-0.12-83.33%Miss-181.5%
    Jun 22
    Reported Aug 4
    		$-1.50$-0.30-400.00%Miss-254.6%
    Mar 22
    Reported Apr 26
    		$0.69$0.04+1625.00%Beat+228.6%
    Dec 21
    Reported Feb 24
    		$0.08N/A-84.91%Miss-89.5%
    Sep 21
    Reported Nov 3
    		$0.27$0.41-34.15%Miss-66.7%
    Jun 21
    Reported Aug 3
    		$0.97$0.83+16.87%Beat+142.5%
    Mar 21
    Reported Apr 28
    		$0.21$0.32-34.38%Miss-61.8%
    Dec 20
    Reported Feb 22
    		$0.76$0.72+5.56%Beat-22.4%
    Sep 20
    Reported Nov 5
    		$0.81$0.68+19.12%Beat+131.4%
    Jun 20
    Reported Aug 5
    		$0.40$0.41-2.44%Miss-69.9%
    Mar 20
    Reported May 6
    		$0.55$0.55+0.00%Beat+3.8%
    Dec 19
    Reported Feb 27
    		$0.98$0.92+6.52%Beat+32.4%
    Sep 19
    Reported Nov 7
    		$0.35$0.51-31.37%Miss-32.7%
    Jun 19
    Reported Aug 6
    		$1.33$1.33+0.00%Beat+343.3%
    Mar 19
    Reported May 2
    		$0.53$0.46+15.22%Beat+0.0%
    Dec 18
    Reported Feb 26
    		$0.74$0.80-7.50%Miss+100.0%
    Sep 18
    Reported Nov 8
    		$0.52$0.61-14.75%Miss+36.8%
    Jun 18
    Reported Aug 7
    		$0.30$0.54-44.44%Miss-55.9%
    Mar 18
    Reported May 8
    		$0.53$0.45+17.78%Beat+12.8%
    Dec 17
    Reported Feb 27
    		$0.37$0.41-9.76%Miss-28.8%
    Sep 17
    Reported Nov 2
    		$0.38$0.50-24.00%Miss-
    Jun 17
    Reported Jul 31
    		$0.68$0.72-5.56%Miss-
    Mar 17
    Reported May 9
    		$0.47$0.50-6.00%Miss-
    Dec 16
    Reported Feb 14
    		$0.52$0.46+13.04%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    Payout Ratio0.00%
    No dividend payments in the selected period.

    Key Metrics

    Valuation
    P/E Ratio-24.37EV/EBITDA7.74x
    Price/FCF35.65xFCF Yield2.81%
    Profitability
    Profit Margin-8.77%Operating Margin5.11%
    ROE-8.79%ROIC-1.81%
    Financial Health
    Debt/Equity0.98xInterest Coverage-0.93x
    Current Ratio0.78xQuick Ratio0.78x
    Trading Statistics
    Beta1.54Avg Volume68.57M
    52-Week High$30.9952-Week Low$18.00

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$30.91
    SMA 20$29.90
    SMA 50$28.55
    SMA 200$27.72
    EMA 10$30.72
    EMA 20$30.13
    EMA 50$28.97
    EMA 200$26.32

    MACD

    Line: 0.77Signal: 0.75Hist: 0.01

    ADX

    ADX: 45.7+DI: 48.1-DI: 12.5

    Aroon & PSAR

    Aroon Up92.0
    Aroon Down48.0
    PSAR$28.78

    Bollinger Bands

    Upper Band$32.67
    Lower Band$27.14
    %B Position1850%(Upper)
    Band Width0.69

    RSI (14-Day)

    Overbought
    75.2

    Momentum Oscillators

    Stoch %K98.8
    Stoch %D98.9
    Williams %R-1.2
    ROC (10d)0.6%
    Momentum0.19
    CCI (20d)56.6
    MFI (14d)80.0

    Volatility Measures

    ATR (14d)$0.27(0.9%)
    StdDev (20d)1.38
    Hist Vol39.1%(Moderate)

    Volume Flow

    VWAP$30.95
    OBV2.7B
    AD Line835.2M
    CMF (20d)0.112

    Volume Metrics

    Avg Vol (20d)70.8M
    Vol RatioN/A
    VWMA (20d)$30.55

    Pivot Points

    R3$30.95
    R2$30.95
    R1$30.95
    Pivot Point$30.95
    S1$30.95
    S2$30.95
    S3$30.95

    Advanced Oscillators

    TSI47.19
    Ultimate Osc66.4
    KST93.43

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$8.72B$8.89B$9.46B$9.04B$9.81B$8.98B$10.03B$9.62B$9.71B$9.96B$10.28B$9.98B
    Cost of Revenue$4.62B$4.64B$5.22B$4.56B$5.97B$5.13B$5.53B$5.18B$6.20B$6.06B$5.90B$5.31B
    Gross Profit$4.10B$4.25B$4.24B$4.48B$3.85B$3.85B$4.50B$4.44B$3.51B$3.90B$4.39B$4.67B
    Operating Expenses$3.86B$6.72B$3.89B$3.87B$4.03B$3.88B$4.34B$4.16B$13.72B$4.17B$4.57B$4.57B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$2.56B$2.48B$2.39B$2.36B$2.48B$2.19B$2.22B$2.38B$2.46B$2.23B$2.46B$2.29B
    Operating Income$237.00M$-2,469,000,000$349.00M$611.00M$-185,000,000$-37,000,000$162.00M$281.00M$-10,208,000,000$-267,000,000$-182,000,000$97.00M
    Interest Income$28.00M$-5,000,000$-39,000,000$17.00M$5.00M$-7,000,000$-32,000,000$-18,000,000$-23,000,000$-48,000,000$-9,000,000$-14,000,000
    Interest Expense$586.00M$608.00M$592.00M$571.00M$-2,495,000,000$472.00M$448.00M$471.00M$-24,000,000$490.00M$502.00M$552.00M
    Income Before Tax$-271,000,000$-3,120,000,000$-408,000,000$27.00M$2.45B$-434,000,000$-356,000,000$-178,000,000$-10,035,000,000$-819,000,000$-613,000,000$-532,000,000
    Income Tax Expense$-433,000,000$-214,000,000$-161,000,000$170.00M$866.00M$15.00M$284.00M$-319,000,000$-7,000,000$136.00M$-221,000,000$-125,000,000
    Net Income$162.00M$-2,906,000,000$-247,000,000$-143,000,000$1.59B$-449,000,000$-640,000,000$141.00M$-10,028,000,000$-955,000,000$-392,000,000$-407,000,000
    EBITDA$4.04B$1.22B$4.30B$4.20B$5.11B$4.74B$4.83B$5.21B$-4,372,000,000$5.43B$5.40B$5.21B
    EBIT$287.00M$-2,507,000,000$223.00M$581.00M$-46,000,000$45.00M$124.00M$311.00M$-10,036,000,000$-281,000,000$-102,000,000$34.00M
    * Some calculated fields are derived from available data when not provided by source

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    WBD Valuation and Fair Value

    P/E
    -24.4x
    Forward P/E
    434.8x
    EV/EBITDA
    7.7x
    P/FCF
    35.6x
    PEG
    55.2x
    P/B
    2.4x
    See GNG's fair value

    WBD Profitability: Margins, ROIC and FCF

    Gross margin
    47.2%
    Operating margin
    5.1%
    Net margin
    -8.8%
    ROIC
    -1.8%
    ROE
    -8.8%
    FCF margin
    6.0%
    FCF yield
    2.8%

    WBD Competitors

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    NetEase IncNTES
    Comcast CorpCMCSA
    Applovin CorpAPP
    America Movil SAB de CV ADRAMX
    Spotify Technology SASPOT
    Electronic Arts IncEA
    AT&T Inc.T
    Nebius Group N.V.NBIS

    Sector: Communication Services

    WBD Analyst Ratings

    Consensus
    Hold
    Analysts
    20
    Strong Buy
    0
    Buy
    2
    Hold
    16
    Sell
    1
    Strong Sell
    1

    WBD Bull Case vs Bear Case

    Bear case

    • WBD has a -8.8% net profit margin.
    • WBD's quarterly revenue changed -11.2% year over year.

    WBD Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    -275.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-0.04
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 7 down

    WBD Dividend

    Forward yield
    0.0%
    Payout ratio
    0.0%

    Frequently Asked Questions About WBD

    Does WBD pay dividends?

    Warner Bros Discovery Inc (WBD) has a dividend payment track record. See the WBD dividend history page for its current payment status, TTM yield, and recorded payments.

    What is WBD's market cap?

    Warner Bros Discovery Inc (WBD) has a market capitalization of $77.60B with a current stock price of $30.95.

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