TickerLeague

Gross Profit for Warner Bros. Discovery (WBD)

According to Warner Bros. Discovery's latest reported financial statements, the company's current gross profit (TTM) is $15.03B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$15.03B

YoY change

-35.7%

5Y CAGR

+9.1%

Peak year (2023)

$16.80B

Cumulative gross profit

$121.85B

Gross Profit history chart for Warner Bros. Discovery (WBD) from 2000 to 2025

Gross Profit history table for Warner Bros. Discovery (WBD) from 2000 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$10.51B-35.7%
2024$16.35B-2.6%
2023$16.80B+25.6%
2022$13.38B+76.7%
2021$7.57B+11.2%
2020$6.81B-7.0%
2019$7.33B+10.7%
2018$6.62B+56.9%
2017$4.22B+3.7%
2016$4.07B+0.3%
2015$4.05B-2.2%
2014$4.14B+7.7%
2013$3.85B+17.7%
2012$3.27B+9.3%
2011$2.99B+11.1%
2010$2.69B+11.6%
2009$2.41B-0.2%
2008$2.42B+15018.8%
2007$16.00M-93.2%
2006$234.00M-5.9%
2005$248.67M-0.9%
2004$250.93M+22.3%
2003$205.10M-62.0%
2002$539.33M-9.0%
2001$592.73M+100.4%
2000$295.72M

Gross Profit values are taken from Warner Bros. Discovery's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Warner Bros. Discovery (WBD) reported gross profit of $10.51B – plunged 35.7% year-over-year.

Through 2020–2025 (5 years), Warner Bros. Discovery gross profit delivered a +9.1% annualised rate; with the latest reading among the more recent periods of the dataset.

Between 2023 and 2025, Warner Bros. Discovery gross profit plunged 37.4%, falling from $16.80B to $10.51B.

The highest annual gross profit of $16.80B was reported in 2023. The lowest in the available history was $16.00M in 2007.

Within Communication Services, Warner Bros. Discovery (WBD) ranks 9th among 8 peers we track. The peer median for gross profit is $68.69B.

Warner Bros. Discovery Gross Profit by Year

Warner Bros. Discovery Gross Profit 2025: $10.51B

Warner Bros. Discovery gross profit in 2025 was $10.51B, plunged 35.7% below 2024.

Warner Bros. Discovery Gross Profit 2024: $16.35B

Warner Bros. Discovery gross profit in 2024 was $16.35B, edged down 2.6% below 2023.

Warner Bros. Discovery Gross Profit 2023: $16.80B

Warner Bros. Discovery gross profit in 2023 was $16.80B, grew 25.6% from 2022. This figure represents the highest annual value in the available history.

Warner Bros. Discovery Gross Profit 2022: $13.38B

Warner Bros. Discovery gross profit in 2022 was $13.38B, surged 76.7% from 2021.

Warner Bros. Discovery Gross Profit 2021: $7.57B

Warner Bros. Discovery gross profit in 2021 was $7.57B.

See more financial history for Warner Bros. Discovery (WBD).

Sector peers — Gross Profit

Companies in the same sector as Warner Bros. Discovery, ranked by their latest gross profit.

CompanyGross ProfitSector
Alphabet Inc. (GOOGL)$240.43BCommunication Services
Meta Platforms, Inc. (META)$164.79BCommunication Services
AT&T Inc. (T)$100.22BCommunication Services
Comcast Corporation (CMCSA)$74.31BCommunication Services
Verizon Communications Inc. (VZ)$63.08BCommunication Services
T-Mobile US, Inc. (TMUS)$42.07BCommunication Services
The Walt Disney Company (DIS)$35.66BCommunication Services
Netflix, Inc. (NFLX)$21.91BCommunication Services

Frequently asked questions

What is Warner Bros. Discovery's gross profit?

Latest reported gross profit for Warner Bros. Discovery (WBD) is $15.03B (period ending December 31, 2025).

How has Warner Bros. Discovery gross profit changed year-over-year?

Warner Bros. Discovery (WBD) gross profit changed -35.7% year-over-year on the latest annual filing.

What is the long-term growth rate of Warner Bros. Discovery gross profit?

Warner Bros. Discovery (WBD) gross profit compound annual growth rate is +9.1% over the most recent 5 years available.

When did Warner Bros. Discovery gross profit hit its highest annual value?

Warner Bros. Discovery gross profit reached its highest annual value of $16.80B in 2023.

What was Warner Bros. Discovery gross profit in 2024?

Warner Bros. Discovery (WBD) gross profit in 2024 was $16.35B.

What was Warner Bros. Discovery gross profit in 2025?

Warner Bros. Discovery (WBD) gross profit in 2025 was $10.51B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.