FINHUB Insights

WBD · Q4 FY24 · Oct 1 – Dec 31, 2024

Warner Bros. Discovery Q4 FY24: where the revenue came from and where it went

Warner Bros. Discovery Q4 FY24: revenue $10B (−2% year over year). Net profit $-0.5B. Largest cohort Distribution Revenue $4.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Oct 1 – Dec 31, 2024
Reported
Feb 27, 2025 10-K
Sankey diagram of Warner Bros. Discovery's income statement for Q4 FY24: revenue of $10 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$10B −2% year over year
Gross profit$4.5B 45% margin
Operating profit$0.2B 2% margin
Net profit$-0.5B -5% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 31, 2024).
ItemValueShare of revenueYear over year
Revenue 10 100% −2%
Distribution Revenue 4.9 49% +0%
Content 2.9 29% −2%
Advertising 1.8 18% −12%
Service Other 0.4 4% +16%
Cost of revenue−5.555%
Gross profit4.545% margin+2pp
SG&A−2.222%−2pp
Other−2.121%+0pp
Operating profit0.22% margin+3pp
Tax−0.3
Interest & other costs−0.4
Net profit-0.5-5%−1pp
Filing on EDGAR More quarters of WBD

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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