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Warner Bros. Discovery

Warner Bros. Discovery (NASDAQ: WBD) net income

Warner Bros. Discovery reported a net profit of $727.0m for fiscal 2025; in fiscal 2024 it reported a net loss of $11,311m. Its net margin was 1.9%. Earnings per share were $0.29.

Net income, in millions of US dollars1,1942016-337.02017594.020182,06920191,21920201,0062021-7,3712022-3,1262023-11,3112024727.02025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$727.0m—1.9%$0.29
2024−$11,311m—−28.8%−$4.62
2023−$3,126m—−7.6%−$1.28
2022−$7,371m−832.7%−21.8%−$3.82
2021$1,006m−17.5%8.3%$1.55
2020$1,219m−41.1%11.4%$1.82
2019$2,069m+248.3%18.6%—
2018$594.0m—5.6%—
2017−$337.0m−128.2%−4.9%—
2016$1,194m—18.4%—

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Warner Bros. Discovery

How much did Warner Bros. Discovery earn in fiscal 2025?
Warner Bros. Discovery reported a net profit of $727.0m for fiscal 2025. In fiscal 2024 it reported a net loss of $11,311m.
What are the earnings per share of Warner Bros. Discovery?
They were $0.29 in fiscal 2025, compared with −$4.62 in fiscal 2024.
What is the net margin of Warner Bros. Discovery?
In fiscal 2025 its net profit was 1.9% of its revenue.
What was the most profitable year for Warner Bros. Discovery?
Of its last 10 fiscal years, fiscal 2019, with $2,069m.
Where do the figures for Warner Bros. Discovery come from?
From the annual report (Form 10-K) that Warner Bros. Discovery files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Warner Bros. Discovery files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Warner Bros. Discovery: the Warner Bros. Discovery page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.