Company: WBD
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437107-25-000216
Chunk: 32

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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.06)$0.06 $0.40 $(4.42)Diluted$(0.06)$0.05 $0.39 $(4.42)Weighted average shares outstanding:Basic2,479 2,453 2,473 2,449 Diluted2,479 2,470 2,510 2,449 The accompanying notes are an integral part of these consolidated financial statements.

4

WARNER BROS. DISCOVERY, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME(unaudited; in millions)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net (loss) income$(143)$141 $996 $(10,842)Other comprehensive income (loss):Currency translationChange in net unrealized (losses) gains(52)482 623 315 Less: Reclassification adjustment for net losses included in net income 3 — 3 — Net change, net of income tax benefit (expense) of $3, $15, $(98), and $13(49)482 626 315 DerivativesChange in net unrealized (losses) gains(18)15 11 40 Less: Reclassification adjustment for net losses (gains) included in net income 7 (8)(1)(15)Net change, net of income tax benefit (expense) of $2, $(1), $(8), and $(5)(11)7 10 25 Comprehensive (loss) income(203)630 1,632 (10,502)Comprehensive income attributable to noncontrolling interests(2)(10)(22)(23)Comprehensive (income) loss attributable to redeemable noncontrolling interests(1)(3)2 45 Comprehensive (loss) income attributable to Warner Bros. Discovery, Inc.$(206)$617 $1,612 $(10,480)The accompanying notes are an integral part of these consolidated financial statements.

5

WARNER BROS. DISCOVERY, INC.CONSOLIDATED BALANCE SHEETS(unaudited; in millions, except par value)

September 30, 2025December 31, 2024AssetsCurrent assets:Cash and cash equivalents$4,294 $5,312 Receivables, net5,128 4,947 Pre