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Warner Bros. Discovery, Inc. (WBD) is a consumer-oriented services company in the TV distribution channels industry, based in New York, United States, with about 35,500 full-time employees.
It reported revenue of $37.30 billion for fiscal year 2025, down 5.1% from fiscal year 2024, and net income of $728.00 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $8.72 billion, down 11.2% from a year before. Its largest business segment, Global Linear Networks, brought in 43% of segment revenue in fiscal year 2025; United States was the largest region with 67%. Its market capitalization was $77.60 billion as of October 5, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 5, 2026.
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks.
Warner Bros. Discovery reported $37.30 billion in revenue for fiscal year 2025, down 5.1% from $39.32 billion in fiscal year 2024. In Q2 2026 revenue was $8.72 billion.
Global Linear Networks, with $17.66 billion or 43% of segment revenue in fiscal year 2025. Next: Studios (31%) and Streaming (26%).
United States: 67% of revenue by region in fiscal year 2025, followed by Non-U.S. (33%).
$77.60 billion as of October 5, 2026.
Listed companies of a similar size in the same industry (TV distribution channels) include Fox Corporation (FOXA), Paramount Skydance Corporation (PSKY), AMC Global Media Inc. (AMCX).