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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Disney

Twenty-First Century Fox

The U.S. Department of Justice aims to scrutinize a sports streaming platform planned by Walt Disney , Fox and Warner Bros Discovery over concerns it could harm consumers, sports leagues and rivals, Bloomberg Law reported on Thursday.

US to scrutinize Disney, Fox, Warner sports streaming deal, Bloomberg Law reports

CHARLOTTE, N.C.--(BUSINESS WIRE)--Circle K, a global leader in convenience and mobility, is excited to announce its epic partnership with Warner Bros. and Legendary Pictures for the highly anticipated Monsterverse film: “Godzilla x Kong: The New Empire,” in theaters on March 29, 2024. In celebration of the new film and Circle K's monstrous collaboration with a major motion picture studio and Legendary Pictures, the brand is introducing five exclusive, limited-time products available through May.

Circle K, Warner Bros. and Legendary Pictures Team Up to Bring Godzilla x Kong: The New Empire to Life with Limited-Edition Lineup

Roku

Tech enthusiasts and investors alike are especially interested in finding “The Next Netflix” when it comes to the rapidly evolving entertainment industry. This seismic shift in the technology sphere is led by streaming stocks, which are bringing in a new era where accessibility is king and content is king.

The Next Netflix? 3 Streaming Stocks That Investors Shouldn't Ignore.

Charter Communications

Comcast

The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they'll be able to offer the same sports bundle as the joint venture.

Pay TV distributors may be planning their attack against new sports joint venture

Joby Aviation

Melco Resorts and Entertainment

The stock market is inherently volatile, but its long history shows it is the best vehicle for making money. Better than buying gold, real estate, bonds or oil, investing in stocks tops all in creating generational wealth.

Only Have $10 to Invest? Then Buy These 3 Stocks Now

Other new additions included restaurant software company Toast Inc., discount retail chain Big Lots and Gen Restaurant Group.

‘Big Short' investor Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms

Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 U.S. housing market crash, picked up shares of Warner Brothers Discovery in the fourth quarter of 2023 while closing out a put option position on semiconductor stocks, securities filings released on Wednesday showed.

Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings

Albemarle

APA Corporation

First Solar

Newmont Mining

Schlumberger

United Continental Hlds

If you didn't buy Nvidia stock, you missed out on some life-changing gains. But now analysts think there's much more upside on other S&P 500 stocks anyway.

You Missed Out On Nvidia — 7 Stocks Look Better Now: Analysts

The planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package.

Former Apple Executive Among CEO Candidates for New Sports-Streaming Venture

Apple

Amazon

After struggling to find its footing following myriad questions about corporate direction, Disney (NYSE: DIS ) fired back with a strong earnings performance, thus putting other entertainment stocks on notice. Still, that doesn't mean investors should ignore alternatives to the House of Mouse.

The Next Disney? 3 Entertainment Stocks That Investors Shouldn't Ignore.

Sports is still the top reason people say they're paying for cable, but soon they'll have an alternative. The planned streaming service from Walt Disney, Fox, and Warner Bros.

Did Disney, Fox, and Warner Bros. Discovery Just Put the Nail in the Coffin for Traditional Cable TV?

Legacy media companies like Disney have struggled to monetize sports streaming. A combined sports streaming service makes sense for both the broadcaster and customers.

Disney, Warner Bros. Discovery, and Fox Are Teaming Up on Sports Streaming.

The owner of more than 60 local TV stations that saw its stock hammered after this week's stunning news of a joint venture to create a sports bundle slammed Wall Street investors for overreacting.

Wall Street's overreacted to Fox, Disney, Warner Bros' joint sports venture: EW Scripps CEO

Experts say the new app will likely get the ball rolling on reshaping the pay-TV landscape as streaming giants like Amazon, Apple and Netflix continue to hike up the already staggering price for sports rights.

Fox, Disney, Warner Bros Discovery sports streaming venture sends ‘shockwaves' through TV industry

Investors are miscalculating the bundle's popularity and incorrectly pricing in that local stations won't be included, EW Scripps CEO Adam Symson told CNBC.

Wall Street is overreacting to new sports joint venture, says EW Scripps CEO

The NFL and NBA are digesting the details behind a new platform that looms over their businesses.

Streaming Venture From ESPN, Fox and Warner Blindsides Sports Leagues

Three of the largest media companies Disney, Fox FOXA and Warner Bros Discovery have announced plans to launch a joint streaming sports service, with all of their sports properties available under one app. The announcement came as revenue from their linear television properties continue to decline from cord cutting and lower audiences for most programming with the exception of live premium sports.

Disney, Warner Bros. Discovery & Fox Combine To Offer Streaming Sports

The joint sports streaming platform of Fox Corp , Walt Disney's ESPN and Warner Bros Discovery is expected to be priced at above $40 per month, CNBC reported on Wednesday, citing sources.

Sports streaming platform including Disney, Fox to cost above $40/month - CNBC

Disney stock surged into a buy zone ahead of earnings. The Dow Jones giant is fending off two activist investors from its board of directors and partnered with rivals on a new sports streaming service.

Disney Earnings Due Amid Warner Bros., Fox Sports Deal, 3-Way Board Battle

The joint venture announced by Disney, Fox and Warner Bros. Discovery will offer a lot, but it may not be enough on its own for serious fans.

ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

ESPN, Fox and Warner Bros Discovery have reached agreement on a new streaming platform for live sports content, the companies said on Tuesday.

Networks unite to create new sports streaming platform

Another streaming service will soon be added to the pile when The Walt Disney Company (NYSE:DIS)'s ESPN, Fox Corp (NASDAQ:FOXA) and Warner Bros Discovery Inc (NASDAQ:WBD) jointly launch a yet-to-be-name sports streaming platform. Viewers will have access to the breadth of sports content owned by the three media giants, including FIFA World Cup, Formula 1, NFL, PGA, UFC, NBA Major League Baseball (MLB) and other major events on the sporting calendar, including college sport.

Disney's ESPN, Fox and Warner to launch sports mega-streamer

Fox, ESPN and Warner Bros. Discovery have announced a joint venture to launch a new streaming sports service in the United States.

Fox, ESPN, Warner Bros. Discovery to Launch Streaming Sports Service

Walt Disney's ESPN (DIS), Fox (FOXA), and Warner Bros. Discovery (WBD) are teaming up to create a joint sports streaming service that could help them better compete with rivals.

ESPN, Fox, and Warner Bros. Discovery Team Up to Offer Joint Sports Streaming Service

The new offering will include games from all four major US sports leagues, including the NFL, NBA, NHL and MLB as well as major college conferences.

News for Warner Bros Discovery Inc Stock (WBD)