Business Segments Warner Bros. Discovery, Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 18:28:41 06/03/2026 GMT			5-day change	1st Jan Change
27.88 ^USD	-0.45%		-2.78%	-2.85%

03:54pm	Netflix Focuses on Organic Growth After Exiting Warner Bros. Discovery Bidding, BofA Says	MT
01:56pm	MoffettNathanson Downgrades Warner Bros. Discovery to Neutral From Buy, Keeps $31 Price Target	MT

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Television
Global Linear Networks	-	19.35B	21.24B	20.18B	17.66B
EBITDA	-	8.72B	9.06B	8.15B	6.41B
D&A	-	4.69B	4.96B	4.17B	3.18B
Operating Income	-	2.92B	3.32B	-5.76B	2.69B
U.S. Networks	7.66B	-	-	-	-
Total Assets	-	-	-	-	-
EBITDA	3.94B	-	-	-	-
D&A	1.06B	-	-	-	-
Operating Income	2.93B	-	-	-	-
International Networks	4.54B	-	-	-	-
Total Assets	-	-	-	-	-
EBITDA	494M	-	-	-	-
D&A	394M	-	-	-	-
Operating Income	79M	-	-	-	-
Entertainment Production Companies
Studios	-	9.73B	12.19B	11.61B	12.62B
EBITDA	-	1.77B	2.18B	1.65B	2.54B
D&A	-	501M	667M	702M	-
Operating Income	-	-1.19B	211M	529M	-
D&A	-	-	-	-	2.1B
Operating Income	-	-	-	-	995M
Cable And Other Pay Television
Streaming	-	7.27B	10.15B	10.31B	10.88B
EBITDA	-	-1.6B	103M	677M	1.37B
D&A	-	1.73B	2.06B	1.83B	-
Operating Income	-	-5.29B	-2.56B	-1.48B	-
Corporate	-	30M	-	8M	2M
EBITDA	-	-1.2B	-1.24B	-1.26B	-1.1B
D&A	-	272M	294M	332M	399M
Operating Income	-	-3.28B	-2.16B	-2.87B	-2.83B
Entertainment Services
Inter-Segment Eliminations	-10M	-2.57B	-2.27B	-2.78B	-3.86B
Total Assets	-	-	-	-	-
EBITDA	-617M	17M	93M	-186M	-487M
D&A	123M	-	-	-	-
Operating Income	-993M	-524M	-356M	-450M	-118M
Online Specialty Retail
Commerce, Education, and Other	-	-	-	-	-
Total Assets	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	7.73B	22.7B	28B	26.43B	24.95B
Total Assets	834M	3.78B	4.3B	4.43B	4.49B
Total Assets	162M	514M	682M	666M	805M
Total Assets	164M	1B	980M	991M	1.39B
Non-U.S.	4.46B	11.12B	13.32B	12.89B	12.35B
Total Assets	176M	-	-	-	-