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Warner Bros. Discovery, Inc.

WBD Consumer Discretionary Services-Misc. Amusement & Recreation
$28.25
Today
as of Sep 4, 16:56 ET
Last 30 days +11.75% Jul 27 → Sep 04
$24.99 $26.04 $27.09 $28.14 $29.19 Jul 27 Aug 04 Aug 12 Aug 19 Aug 27 Sep 04
Open
$28.32
High
$28.35
Low
$28.21
Volume
$11M
Avg Vol
$33M
Mkt Cap
$69.7B
P/E (TTM)
Beta
52w High
$30.00
52w Low
$11.77
Div Yield
Shares Out
$2.5B

Recent Press Releases & News last 60 days · 25 items

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Overview

52-week range
$12
$30
90% of range
Avg surprise (last 3)
-208.8%
Avg reaction (last 2)
+2.6%
50% positive
Latest IV / EM
35%
EM ±1.5% · $29 · Sep 4

Earnings trends

EPS — actual vs estimate Actual Estimate
$-4.07$-2.90$-1.72$-0.54$0.63 Actual $-0.44Actual $-0.51Actual $-0.17Actual $-0.40Actual $-4.07Actual $0.05Actual $-0.18Est $-0.12Actual $0.63Est $-0.16Actual $-0.06Actual $-1.17Est $-0.10Actual $0.06 MarJunSepMarJunSepMar/2025Jun/2025SepMar/2026Jun
Revenue vs Net Income Revenue Net income
$-2.9B$389M$3.7B$7.0B$10.3B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $0.06 financials
Wed May 6, 2026Mar/2026 $-1.17 $-0.10 -1,070% -550.0% -0.1% earnings
Tue Sep 30, 2025Sep 2025 $-0.06 financials
Thu Aug 7, 2025Jun/2025 $0.63 $-0.16 +493.8% earnings
Thu May 8, 2025Mar/2025 $-0.18 $-0.12 -50.0% +5.3% earnings
Mon Sep 30, 2024Sep 2024 $0.05 financials
Sun Jun 30, 2024Jun 2024 $-4.07 financials
Sun Mar 31, 2024Mar 2024 $-0.40 financials
Sat Sep 30, 2023Sep 2023 $-0.17 financials
Fri Jun 30, 2023Jun 2023 $-0.51 financials
Fri Mar 31, 2023Mar 2023 $-0.44 financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$8.72B$8.89B$9.04B$9.81B$8.98B$9.62B
Cost of revenue
Gross profit
Operating income$237M$-2.47B$611M$-185M$-37M$281M
Net income$149M$-2.92B$-148M$1.58B$-453M$135M
EPS (diluted)$0.06$-1.17$-0.06$0.63$-0.18$0.05

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$3.37B$3.26B$4.57B$4.29B$4.89B$3.87B$5.31B$3.34B
Inventory
Total current assets$12.54B$11.74B$13.21B$13.06B$13.61B$12.78B$14.08B$12.51B
Total assets$97.25B$97.84B$100.08B$100.52B$101.73B$101.68B$104.56B$106.33B
Long-term debt$32.02B$32.47B$32.57B$33.52B$34.63B$37.43B$40.21B
Total liabilities$63.25B$64.13B$62.92B$63.21B$64.38B$66.51B$69.62B$70.16B
Total equity$32.84B$33.71B$35.92B$36.02B$37.32B$35.15B$34.04B$36.06B

Implied volatility — last 90 days

8%52%96%141%185% Jun 07 — IV 33% · EM ±3.1%Jun 08 — IV 38% · EM ±3.2%Jun 09 — IV 23% · EM ±1.7%Jun 10 — IV 24% · EM ±1.4%Jun 11 — IV 41% · EM ±1.7%Jun 15 — IV 39% · EM ±2.9%Jun 16 — IV 37% · EM ±2.2%Jun 17 — IV 112% · EM ±4.7%Jun 19 — IV 36% · EM ±4.0%Jun 22 — IV 62% · EM ±5.2%Jun 23 — IV 52% · EM ±3.8%Jun 24 — IV 42% · EM ±2.5%Jun 25 — IV 47% · EM ±2.0%Jun 29 — IV 45% · EM ±10.7%Jun 30 — IV 54% · EM ±12.6%Jul 01 — IV 38% · EM ±1.6%Jul 03 — IV 27% · EM ±3.0%Jul 06 — IV 65% · EM ±5.4%Jul 07 — IV 58% · EM ±4.2%Jul 08 — IV 78% · EM ±4.6%Jul 09 — IV 48% · EM ±2.0%Jul 13 — IV 32% · EM ±2.6%Jul 14 — IV 31% · EM ±2.3%Jul 15 — IV 54% · EM ±3.2%Jul 16 — IV 63% · EM ±2.6%Jul 20 — IV 24% · EM ±2.0%Jul 21 — IV 37% · EM ±2.7%Jul 22 — IV 22% · EM ±1.3%Jul 23 — IV 21% · EM ±0.9%Jul 27 — IV 18% · EM ±1.5%Jul 28 — IV 16% · EM ±1.2%Jul 29 — IV 22% · EM ±1.3%Jul 30 — IV 36% · EM ±1.5%Aug 03 — IV 29% · EM ±2.4%Aug 04 — IV 41% · EM ±3.0%Aug 05 — IV 28% · EM ±1.6%Aug 06 — IV 18% · EM ±0.8%Aug 10 — IV 16% · EM ±1.4%Aug 11 — IV 26% · EM ±1.9%Aug 12 — IV 30% · EM ±1.8%Aug 13 — IV 9% · EM ±0.4%Aug 17 — IV 185% · EM ±15.5%Aug 18 — IV 46% · EM ±3.4%Aug 19 — IV 24% · EM ±1.4%Aug 20 — IV 34% · EM ±1.4%Aug 24 — IV 28% · EM ±2.3%Aug 25 — IV 20% · EM ±1.5%Aug 26 — IV 11% · EM ±0.7%Aug 27 — IV 12% · EM ±0.5%Aug 31 — IV 15% · EM ±1.2%Sep 01 — IV 19% · EM ±1.4%Sep 02 — IV 28% · EM ±1.6%Sep 03 — IV 35% · EM ±1.5%

Sector peers

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