Operating Income for Warner Bros. Discovery (WBD)
According to Warner Bros. Discovery's latest reported financial statements, the company's current operating income (TTM) is $925.00M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$925.00M
YoY change
-113.0%
5Y CAGR
-12.2%
Peak year (2019)
$3.01B
Cumulative operating income
$7.41B
Operating Income history chart for Warner Bros. Discovery (WBD) from 2000 to 2025
Operating Income history table for Warner Bros. Discovery (WBD) from 2000 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.31B | -113.0% | ||
| 2024 | -$10.03B | +548.1% | ||
| 2023 | -$1.55B | -79.0% | ||
| 2022 | -$7.37B | -466.3% | ||
| 2021 | $2.01B | -20.0% | ||
| 2020 | $2.52B | -16.4% | ||
| 2019 | $3.01B | +55.6% | ||
| 2018 | $1.93B | +171.2% | ||
| 2017 | $713.00M | -65.4% | ||
| 2016 | $2.06B | +3.7% | ||
| 2015 | $1.99B | -3.7% | ||
| 2014 | $2.06B | +4.4% | ||
| 2013 | $1.98B | +6.2% | ||
| 2012 | $1.86B | +3.1% | ||
| 2011 | $1.80B | +30.9% | ||
| 2010 | $1.38B | +8.1% | ||
| 2009 | $1.27B | +20.5% | ||
| 2008 | $1.06B | -13312.5% | ||
| 2007 | -$8.00M | -93.0% | ||
| 2006 | -$115.00M | +8102.6% | ||
| 2005 | -$1.40M | -108.3% | ||
| 2004 | $16.93M | -804.5% | ||
| 2003 | -$2.40M | -96.1% | ||
| 2002 | -$61.45M | -82.5% | ||
| 2001 | -$350.63M | +463.6% | ||
| 2000 | -$62.21M | — |
Operating Income 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
Warner Bros. Discovery (WBD) most recent annual operating income stands at $1.31B (2025) – plunged 113.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Warner Bros. Discovery operating income compounded at -12.2% per year, with a net decline across the window.
Between 2019 and 2025, Warner Bros. Discovery operating income plunged 56.5%, falling from $3.01B to $1.31B.
Across the available history, operating income reached its high of $3.01B in 2019 and its low of -$10.03B in 2024.
Within Communication Services, Warner Bros. Discovery (WBD) ranks 9th among 8 peers we track. The peer median for operating income is $22.42B.
Warner Bros. Discovery Operating Income by Year
Warner Bros. Discovery Operating Income 2025: $1.31B
Warner Bros. Discovery operating income in 2025 was $1.31B, plunged 113.0% below 2024.
Warner Bros. Discovery Operating Income 2024: -$10.03B
Warner Bros. Discovery operating income in 2024 was -$10.03B, surged 548.1% from 2023. This figure represents the lowest annual value in the available history.
Warner Bros. Discovery Operating Income 2023: -$1.55B
Warner Bros. Discovery operating income in 2023 was -$1.55B, plunged 79.0% below 2022.
Warner Bros. Discovery Operating Income 2022: -$7.37B
Warner Bros. Discovery operating income in 2022 was -$7.37B, plunged 466.3% below 2021.
Warner Bros. Discovery Operating Income 2021: $2.01B
Warner Bros. Discovery operating income in 2021 was $2.01B.
See more financial history for Warner Bros. Discovery (WBD).
Sector peers — Operating Income
Companies in the same sector as Warner Bros. Discovery, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $129.17B | Communication Services |
| Meta Platforms, Inc. (META) | $83.28B | Communication Services |
| Verizon Communications Inc. (VZ) | $29.26B | Communication Services |
| AT&T Inc. (T) | $24.16B | Communication Services |
| Comcast Corporation (CMCSA) | $20.67B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $18.74B | Communication Services |
| The Walt Disney Company (DIS) | $13.83B | Communication Services |
| Netflix, Inc. (NFLX) | $13.33B | Communication Services |
Frequently asked questions
What is Warner Bros. Discovery's operating income?
- Latest reported operating income for Warner Bros. Discovery (WBD) is $925.00M (period ending December 31, 2025).
How has Warner Bros. Discovery operating income changed year-over-year?
- Warner Bros. Discovery (WBD) operating income changed -113.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Warner Bros. Discovery operating income?
- Warner Bros. Discovery (WBD) operating income compound annual growth rate is -12.2% over the most recent 5 years available.
When did Warner Bros. Discovery operating income hit its highest annual value?
- Warner Bros. Discovery operating income reached its highest annual value of $3.01B in 2019.
What was Warner Bros. Discovery operating income in 2024?
- Warner Bros. Discovery (WBD) operating income in 2024 was -$10.03B.
What was Warner Bros. Discovery operating income in 2025?
- Warner Bros. Discovery (WBD) operating income in 2025 was $1.31B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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