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Warner Bros. Discovery creates and distributes television, film, streaming, and gaming, including HBO Max, CNN, Discovery networks, and Warner Bros. studios. Streaming ended 2025 at 131.6 million subscribers.
Warner Bros. Discovery (WBD) is a Broadcasting company. Warner Bros. Discovery creates and distributes television, film, streaming, and gaming, including HBO Max, CNN, Discovery networks, and Warner Bros. studios. Streaming ended 2025 at 131.6 million subscribers. It was founded in 2022, is headquartered in New York City, New York and employs about 35,500 people.
As of 2026-Q2, Warner Bros. Discovery's revenue breaks down across Distribution Revenue (57%), Content Licensing Contracts (21%), Advertising (20%), Service, Other (2%). See the revenue-by-segment chart for the full mix.
Track Warner Bros. Discovery's quarterly and annual revenue, gross and net margins, and EPS in the interactive charts on this page. Data last updated August 26, 2026.
Sterling groups Warner Bros. Discovery in the Media, Telecom and Advertising sector, alongside AppLovin (APP), Omnicom Group (OMC), Trade Desk (TTD), Fox Corporation (FOXA), Charter Communications (CHTR) and Comcast (CMCSA).
If you are researching Warner Bros. Discovery, also look at AppLovin (APP), Omnicom Group (OMC) and Trade Desk (TTD). You can compare all of them side by side or browse the full Media, Telecom and Advertising sector on Sterling.
Q3 2016-Q2 2026
Q3 2016-Q2 2026