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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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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

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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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.

Warner Bros. Discovery unveiled a streaming service Wednesday combining iconic HBO programming such as "The Sopranos" with a mix of unscripted TV series in a push to reap more subscribers from what so far has been a muddled media merger.

New streaming app to 'Max' programming from HBO, Discovery

Live news and sports events may be hitting the platform sooner than we think.

Warner Bros. Discovery Plans to Add Live Sports to Max Streaming Service

Warner Bros. Discovery is doing away with HBO Max.

Warner Bros Discovery to launch streaming service ‘Max,' reveals pricing

With next month's arrival of the new streaming service “Max” from Warner Bros. Discovery, the company is also promising a revamped product experience with an expanded feature set, improved recommendations, and better performance.

Warner Bros. Discovery promises Max will be a more personalized, technically improved streaming service

The flagship platform will go by the name Max and feature content from Discovery and the firm's larger library of media brands.

HBO Max Drops 'HBO' From Its Name

BURBANK, Calif., April 12, 2023 /PRNewswire/ -- Warner Bros. Discovery (Nasdaq: WBD) today introduced Max, its enhanced streaming service, which will launch in the U.S. on May 23. Max is the destination for HBO Originals, Warner Bros. films, Max Originals, the DC universe, the Wizarding World of Harry Potter, an expansive offering of kids content, and best-in-class programing across food, home, reality, lifestyle and documentaries from leading brands like HGTV, Food Network, Discovery Channel, TLC, ID and more. Max will stand out amongst streamers by uniquely combining unrivaled breadth and superior quality with iconic franchises and strong product experience, all for great value.

WARNER BROS. DISCOVERY UNVEILS MAX STREAMING SERVICE

Discovery Plus content merges with HBO Max to create a single "enhanced" streaming option.

HBO Max Will Relaunch This May as Max, Loaded With Discovery Plus Titles

HBO Max and Discovery+ unveiled a merged mega-streaming service called Max on Wednesday, marking a crucial move for Warner Bros. Discovery as the conglomerate vies for more subscribers following a major merger and a rocky year for streaming services.

New ‘Max' Streaming Service Combines HBO And Discovery+ Shows—Here's What You Need To Know

The time has finally come for Warner Bros. Discovery (WBD) to reveal details about its highly anticipated streaming service, which combines HBO Max and Discovery+ content.

Warner Bros. Discovery to launch ‘Max' service starting at $9.99/mo on May 23

Warner Bros. Discovery unveiled three tiers for its new Max service today. The pricing keeps Max in line with HBO Max, and at the top end of the entertainment streaming spectrum.

Warner Bros Discovery Unveils 3 Price Tiers For New Max Streaming Service

Warner Bros. Discovery Inc. WBD has a new name for its combined streaming service of HBO Max and Discovery+ — Max.

Max is the new name of merged HBO Max, Discovery+ streaming service

The platform is combining HBO Max and Discovery+ content.

Warner Bros. Discovery Unveils New 'Max' Streaming Service

Warner Bros Discovery Inc on Wednesday unveiled its long-awaited new streaming service, christened "Max", which combines HBO Max's scripted entertainment with Discovery's reality shows.

Warner Bros Discovery unveils its revamped 'Max' streaming service

Warner Bros Discovery has confirmed its long-expected plan to jettison the “HBO” from HBO Max, announcing that its rebranded streaming service will be called Max. The new offering, which combines programming from HBO Max and Discovery, is expected to go live in the coming weeks.

Warner Bros Discovery Confirms Rebrand Of HBO Max To Max

Warner Bros. Discovery is combining HBO Max and Discovery+ content to form a new streaming service.

Warner Bros. Discovery unveils new flagship streaming service, 'Max'

A year after Warner Bros. Discovery was created, its stock is down 40%.

Stock Market Sell-Off: Is Warner Bros. Discovery a Buy?

Warner Bros. Discovery has some of the most popular intellectual property in the industry.

1 Warning Before You Buy Warner Bros. Discovery Stock

Apple

Amazon

Apple has a history of consistent and reliable stock growth. Warner Bros.

Why Apple, Warner Bros. Discovery, and Amazon Are No-Brainer Buys Right Now

Warner Bros. Discovery intends to compete in on-demand and free television markets.

Better Buy: Warner Bros. Discovery vs. Paramount Global Stock

Truist analyst Matthew Thornton sees opportunity for the company to build DC Comics characters into box office behemoths just as Walt Disney has done with its Marvel superhero flicks.

Warner Bros. Discovery Stock Will Climb on DC Superhero Films: Analyst

Four Democratic lawmakers have written to the Department of Justice to investigate Warner Bros. Discovery and launch an inquiry into alleged anti-competitive behavior.

Lawmakers ask Department of Justice to investigate Warner Bros. Discovery merger

Zaslav has been wooing talent put off by the previous management's decision to have theatrical releases simultaneously be available through streaming.

Warner Bros. Discovery CEO David Zaslav ditches NYC offices for LA: report

Paramount Global

WBD and Paramount are both struggling with tough advertising headwinds and cutthroat competition in the low-margin streaming market. Both companies are trying to offset streaming losses with their growing TV and theatrical businesses.

Better Buy: Warner Bros. Discovery vs. Paramount Global

Warner Bros. Discovery shares had a rough 2022, falling more than 60% in value.

A Bull Market Is Coming: 2 Reasons to Buy Warner Bros. Discovery Stock

Disney

Netflix

Warner Bros., Disney and even Netflix are trying to make their content spending go further.

News for Warner Bros Discovery Inc Stock (WBD)