Warner Bros. Discovery, Inc.
WBDFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
39,321
Cost of Revenue
22,970
Gross Profit
16,351
Gross Margin
41.6%
Operating Income
-10,032
Operating Margin
-25.5%
Net Income
-11,311
Net Margin
-28.8%
EPS (Basic)
$-4.62
EPS (Diluted)
$-4.62
EBITDA
11,612
EBITDA Margin
29.5%
2023
12/31/2023
Revenue
41,321
Cost of Revenue
24,526
Gross Profit
16,795
Gross Margin
40.6%
Operating Income
-1,548
Operating Margin
-3.7%
Net Income
-3,126
Net Margin
-7.6%
EPS (Basic)
$-1.28
EPS (Diluted)
$-1.28
EBITDA
22,367
EBITDA Margin
54.1%
2022
12/31/2022
Revenue
33,817
Cost of Revenue
20,442
Gross Profit
13,375
Gross Margin
39.6%
Operating Income
-7,370
Operating Margin
-21.8%
Net Income
-7,371
Net Margin
-21.8%
EPS (Basic)
$-3.82
EPS (Diluted)
$-3.82
EBITDA
14,171
EBITDA Margin
41.9%
2021
12/31/2021
Revenue
12,191
Cost of Revenue
4,620
Gross Profit
7,571
Gross Margin
62.1%
Operating Income
2,012
Operating Margin
16.5%
Net Income
1,006
Net Margin
8.3%
EPS (Basic)
$1.55
EPS (Diluted)
$1.54
EBITDA
7,149
EBITDA Margin
58.6%
2020
12/31/2020
Revenue
10,671
Cost of Revenue
3,860
Gross Profit
6,811
Gross Margin
63.8%
Operating Income
2,515
Operating Margin
23.6%
Net Income
1,219
Net Margin
11.4%
EPS (Basic)
$1.82
EPS (Diluted)
$1.81
EBITDA
6,691
EBITDA Margin
62.7%