Growth Metrics

Warner Bros. Discovery (WBD) Operating Income (2016 - 2025)

Warner Bros. Discovery's Operating Income history spans 17 years, with the latest figure at $349.0 million for Q4 2025.

  • For Q4 2025, Operating Income rose 115.43% year-over-year to $349.0 million; the TTM value through Dec 2025 reached $738.0 million, up 107.36%, while the annual FY2025 figure was $738.0 million, 107.36% up from the prior year.
  • Operating Income reached $349.0 million in Q4 2025 per WBD's latest filing, down from $611.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $779.0 million in Q2 2021 to a low of -$10.2 billion in Q2 2024.
  • Average Operating Income over 5 years is -$810.0 million, with a median of $30.0 million recorded in 2023.
  • The largest YoY upside for Operating Income was 189.69% in 2024 against a maximum downside of 1026.71% in 2024.
  • A 5-year view of Operating Income shows it stood at $508.0 million in 2021, then plummeted by 472.83% to -$1.9 billion in 2022, then skyrocketed by 90.39% to -$182.0 million in 2023, then skyrocketed by 189.01% to $162.0 million in 2024, then soared by 115.43% to $349.0 million in 2025.
  • Per Business Quant, the three most recent readings for WBD's Operating Income are $349.0 million (Q4 2025), $611.0 million (Q3 2025), and -$185.0 million (Q2 2025).