Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 3

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 3
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Total revenues9,812 9,713 1 %— %18,791 19,671 (4)%(4)%Costs of revenues, excluding depreciation and amortization5,967 6,204 (4)%(4)%11,098 12,262 (9)%(10)%Selling, general and administrative2,477 2,461 1 %— %4,671 4,693 — %(1)%Depreciation and amortization1,447 1,744 (17)%(17)%2,994 3,632 (18)%(18)%Restructuring and other charges80 117 (32)%(32)%134 152 (12)%(12)%Impairments and loss on dispositions26 9,395 (100)%(100)%116 9,407 (99)%(99)%Total costs and expenses9,997 19,921 (50)%(50)%19,013 30,146 (37)%(37)%Operating loss(185)(10,208)98 %98 %(222)(10,475)98 %98 %Interest expense, net(463)(518)(931)(1,033)Gain on extinguishment of debt, net2,958 542 2,954 567 Income (loss) from equity investees, net5 (23)(2)(71)Other income, net139 172 221 158 Income (loss) before income taxes2,454 (10,035)2,020 (10,854)Income tax (expense) benefit(866)7 (881)(129)Net income (loss)1,588 (10,028)1,139 (10,983)Net income attributable to noncontrolling interests(7)(10)(15)(17)Net (income) loss attributable to redeemable noncontrolling interests(1)52 3 48 Net income (loss) available to Warner Bros. Discovery, Inc.$1,580 $(9,986)$1,127 $(10,952)

NM - Not meaningful 

33

Unless otherwise indicated, the discussion of percent changes below is on an ex-FX basis. The ex-FX percent changes of line items below operating loss in the table above are not included as the activity is principally in U.S. dollars.

Revenues

Distribution