WBD · Q2 FY26 · Apr 1 – Jun 30, 2026
Warner Bros. Discovery Q2 FY26: where the revenue came from and where it went
Warner Bros. Discovery Q2 FY26: revenue $8.7B (−11% year over year). Net profit $0.15B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- May 6, 2026
Revenue$8.72B
−11% year over year
Gross profit$4.10B
47% margin
Operating profit$0.24B
3% margin
Net profit$0.15B
2% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.72 | 100% | −11% |
| Cost of revenue | −4.62 | 53% | |
| Gross profit | 4.10 | 47% margin | +8pp |
| SG&A | −2.56 | 29% | +4pp |
| Other | −1.30 | 15% | +0pp |
| Operating profit | 0.24 | 3% margin | +5pp |
| Interest & other costs | −0.52 | ||
| Net profit | 0.15 | 2% | −14pp |
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