Operating CF
$3.56B
Capex
−$1.25B
Free Cash Flow
$2.31B
FCF Margin
+64.9%
Cash flow waterfall for Warner Bros. Discovery (WBD) — TTM through Q1 2026
Free cash flow: $2.31B
Cash flow breakdown for Warner Bros. Discovery (WBD) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $3.56B | $3.56B |
| Capital Expenditure | −$1.25B | $2.31B |
| Free Cash Flow | $2.31B | $2.31B |
| Acquisitions | −$83.00M | $2.23B |
| Other Investing | $65.00M | $2.29B |
| Net Debt Change | −$2.53B | −$242.00M |
| Other Financing | −$567.00M | −$809.00M |
| Forex Effect | $411.00M | −$398.00M |
| Net Cash Decrease | −$398.00M | −$398.00M |
- Operating Cash Flow$3.56B
- Capital Expenditure−$1.25B
- Free Cash Flow$2.31B
- Acquisitions−$83.00M
- Other Investing$65.00M
- Net Debt Change−$2.53B
- Other Financing−$567.00M
- Forex Effect$411.00M
- Net Cash Decrease−$398.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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