Warner Bros Discovery FY26 Q2 net income drops 91% to $149 million; revenue falls 11% to $8.72 billion

Reuters2026/08/06 11:04

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Warner Bros Discovery posted revenue of $8.72 billion, down 11% from a year earlier; operating income was $237 million versus an operating loss.
Net income available to shareholders fell 91% to $149 million, while GAAP diluted EPS slipped to $0.06 from $0.63.
Advertising revenue dropped 22% to $1.72 billion on the absence of the NBA and continued domestic linear audience declines.
Adjusted EBITDA fell 4% to $1.88 billion, as streaming gains were more than offset by declines in studios and global linear networks.
Free cash flow decreased 19% to $572 million; the company repaid its $15 billion bridge loan with a $13 billion Term Loan B and a EUR 1.7 billion Term Loan B.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Warner Bros Discovery Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Warner Bros Discovery FY26 Q2 net income drops 91% to $149 million; revenue falls 11% to $8.72 billion

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