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Warner Bros. Discovery, Inc. (WBD) is a communication services company in the entertainment industry with $36.12B in trailing revenue — analyst consensus: hold.
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, Turner Classic Movies, and other brands. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Key Statistics
Market Cap
$77.12B
Revenue (TTM)
$36.12B
EPS (TTM)
$-1.28
EPS (Fwd est.)
$0.06
Employees
35,500
Forward P/E
494.37
PEG Ratio
55.18
Price / Sales
2.14
Price / Book
2.35
EV / EBITDA
13.73
Beta (5Y)
1.57
Analyst Consensus
Consensus
Hold
Analyst Price Target
-1.9% downside
Target: $30.17
Annual Revenue & Net Income
RevenueNet Income
'22
$33.82B
$-7.37B
'23
$41.32B
$-3.13B
'24
$39.32B
$-11.31B
'25
$37.30B
$730.00M
Earnings History
Quarter
Actual EPS
Estimate
Result
Aug 2026
$0.06
$-0.11
Beat (+153.9%)
May 2026
$-1.17
$-0.09
Miss (-1161.6%)
Nov 2025
$-0.06
$-0.08
Beat (+28.6%)
Next Earnings Report
Warner Bros. Discovery, Inc. is next expected to report earnings on 05 Nov 2026.
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is …
What is WBD's market cap?
Warner Bros. Discovery, Inc. has a market capitalization of approximately $77.12B.
How much revenue does WBD generate?
Warner Bros. Discovery, Inc. generated $36.12B in trailing 12-month revenue.
What do analysts say about WBD?
The analyst consensus rating for Warner Bros. Discovery, Inc. is hold, with a mean price target of $30.17. That implies -1.9% upside from the current price.
When does WBD report earnings?
Warner Bros. Discovery, Inc. is next scheduled to report earnings on 05 Nov 2026.
Does WBD pay a dividend?
Warner Bros. Discovery, Inc. does not currently pay a regular dividend.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for Warner Bros. Discovery, Inc. on Apsis Markets.