Price
Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.
Smart Score
Top tierWarner Bros. Discovery is a leading global media and entertainment company that creates and distributes a differentiated and comprehensive portfolio of content and products across television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products through brands including: Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros.
In the company’s own words · 10-K filed Feb 27, 2026 · SEC EDGAR
Business segments
Q1 2026 · $8.89BThe company’s own SEC segment disclosure.
- Distribution$4.91B55%
- Product And Service Content$1.89B21%
- Advertising$1.85B21%
- Service Other$253.0M3%
- Product And Service Other$2.0M0%
Warner Bros. Discovery (WBD) reported revenue of $8.72B in Q2 2026 (quarter ended June 30, 2026), down 11% from the same quarter a year earlier. That came with a gross margin of 47% and net income of $149M (1.7% of revenue). For the full year FY2025, revenue was $37.3B (−5.1% year on year) and net income $727M. Its largest product in 2026-Q1 was Distribution at $4.91B, 55% of the disclosed total, just ahead of Product And Service Content at 21%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.