Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Adult Swim, Turner Classic Movies, Television Group, Hanna-Barbera, Harry Potter, DC, Looney Tunes, Scooby-Doo, Game of Thrones, Friends, and others brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Warner Bros. Discovery, Inc. - (WBD) reported trailing twelve months (TTM) revenue of $37.30B as of December 2025, which represents a 5.1% decrease year-over-year. The company's operating margin has contracted to 5.7% from 6.4% a year ago. In terms of profitability, WBD generated $727.00M in net income. Valuation-wise, the stock trades at a P/E ratio of 98.8x and a Price-to-Sales (P/S) ratio of 1.9x. The company reported negative free cash flow of $-666.00M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.
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