Warner Bros. Discovery's Revenue (2016 - 2025)

Warner Bros. Discovery's annual revenue was $37.30 B in fiscal year 2025. The annual revenue decreased -$2.03 B from $39.32 B (in 2024) to $37.30 B (in 2025), representing a -5.15% year-over-year decline.

Warner Bros. Discovery's quarterly revenue was $8.90 B in the quarter ending Mar 2026. The quarterly revenue decreased -$76.00 M from $8.98 B (in Q1: Dec 2025) to $8.90 B (in Q1: Dec 2026), representing a -0.85% year-over-year decline.

Over the past 10 years (2016 - 2025):

The highest annual revenue for Warner Bros. Discovery was $41.32 B in fiscal year 2023.
The lowest annual revenue was $6.50 B in fiscal year 2016.
The average revenue was $20.97 B.

Learn more about Warner Bros. Discovery's Revenue by Segment and Revenue by Region.

Check out competitors to Warner Bros. Discovery in a side-by-side comparison.

Explore additional financial metrics for Warner Bros. Discovery.

Definition of Revenue :

Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.

Warner Bros. Discovery's Revenue Trend

2015	6394000000.00
2016	6497000000.00
2017	6873000000.00
2018	10553000000.00
2019	11144000000.00
2020	10671000000.00
2021	12191000000.00
2022	33817000000.00
2023	41321000000.00
2024	39321000000.00
2025	37296000000.00

Mar 2016	1561000000.00
Jun 2016	1708000000.00
Sep 2016	1556000000.00
Dec 2016	1672000000.00
Mar 2017	1613000000.00
Jun 2017	1745000000.00
Sep 2017	1651000000.00
Dec 2017	1864000000.00
Mar 2018	2307000000.00
Jun 2018	2845000000.00
Sep 2018	2592000000.00
Dec 2018	2809000000.00
Mar 2019	2707000000.00
Jun 2019	2885000000.00
Sep 2019	2678000000.00
Dec 2019	2874000000.00
Mar 2020	2683000000.00
Jun 2020	2541000000.00
Sep 2020	2561000000.00
Dec 2020	2886000000.00
Mar 2021	2792000000.00
Jun 2021	3062000000.00
Sep 2021	3150000000.00
Dec 2021	3187000000.00
Mar 2022	3159000000.00
Jun 2022	9827000000.00
Sep 2022	9823000000.00
Dec 2022	11008000000.00
Mar 2023	10700000000.00
Jun 2023	10358000000.00
Sep 2023	9979000000.00
Dec 2023	10284000000.00
Mar 2024	9958000000.00
Jun 2024	9713000000.00
Sep 2024	9623000000.00
Dec 2024	10027000000.00
Mar 2025	8979000000.00
Jun 2025	9812000000.00
Sep 2025	9045000000.00
Dec 2025	9460000000.00
Mar 2026	8903000000.00

2025

Warner Bros. Discovery's annual revenue was $37.30 B in fiscal year 2025.

Warner Bros. Discovery's quarterly revenue was $8.98 B(Q1: Mar 2025), $9.81 B(Q2: Jun 2025), $9.05 B(Q3: Sep 2025), $9.46 B(Q4: Dec 2025) in fiscal year 2025.

2024

Warner Bros. Discovery's annual revenue was $39.32 B in fiscal year 2024.

Warner Bros. Discovery's quarterly revenue was $9.96 B(Q1: Mar 2024), $9.71 B(Q2: Jun 2024), $9.62 B(Q3: Sep 2024), $10.03 B(Q4: Dec 2024) in fiscal year 2024.

2023

Warner Bros. Discovery's annual revenue was $41.32 B in fiscal year 2023.

Warner Bros. Discovery's quarterly revenue was $10.70 B(Q1: Mar 2023), $10.36 B(Q2: Jun 2023), $9.98 B(Q3: Sep 2023), $10.28 B(Q4: Dec 2023) in fiscal year 2023.

2022

Warner Bros. Discovery's annual revenue was $33.82 B in fiscal year 2022.

Warner Bros. Discovery's quarterly revenue was $3.16 B(Q1: Mar 2022), $9.83 B(Q2: Jun 2022), $9.82 B(Q3: Sep 2022), $11.01 B(Q4: Dec 2022) in fiscal year 2022.

2021

Warner Bros. Discovery's annual revenue was $12.19 B in fiscal year 2021.

Warner Bros. Discovery's quarterly revenue was $2.79 B(Q1: Mar 2021), $3.06 B(Q2: Jun 2021), $3.15 B(Q3: Sep 2021), $3.19 B(Q4: Dec 2021) in fiscal year 2021.

2020

Warner Bros. Discovery's annual revenue was $10.67 B in fiscal year 2020.

Warner Bros. Discovery's quarterly revenue was $2.68 B(Q1: Mar 2020), $2.54 B(Q2: Jun 2020), $2.56 B(Q3: Sep 2020), $2.89 B(Q4: Dec 2020) in fiscal year 2020.

2019

Warner Bros. Discovery's annual revenue was $11.14 B in fiscal year 2019.

Warner Bros. Discovery's quarterly revenue was $2.71 B(Q1: Mar 2019), $2.89 B(Q2: Jun 2019), $2.68 B(Q3: Sep 2019), $2.87 B(Q4: Dec 2019) in fiscal year 2019.

2018

Warner Bros. Discovery's annual revenue was $10.55 B in fiscal year 2018.

Warner Bros. Discovery's quarterly revenue was $2.31 B(Q1: Mar 2018), $2.85 B(Q2: Jun 2018), $2.59 B(Q3: Sep 2018), $2.81 B(Q4: Dec 2018) in fiscal year 2018.

2017

Warner Bros. Discovery's annual revenue was $6.87 B in fiscal year 2017.

Warner Bros. Discovery's quarterly revenue was $1.61 B(Q1: Mar 2017), $1.75 B(Q2: Jun 2017), $1.65 B(Q3: Sep 2017), $1.86 B(Q4: Dec 2017) in fiscal year 2017.

2016

Warner Bros. Discovery's annual revenue was $6.50 B in fiscal year 2016.

Warner Bros. Discovery's quarterly revenue was $1.56 B(Q1: Mar 2016), $1.71 B(Q2: Jun 2016), $1.56 B(Q3: Sep 2016), $1.67 B(Q4: Dec 2016) in fiscal year 2016.

Warner Bros. Discovery's Revenue (Year-over-Year Change)

2015	0
2016	+1.61
2017	+5.79
2018	+53.54
2019	+5.60
2020	-4.24
2021	+14.24
2022	+177.39
2023	+22.19
2024	-4.84
2025	-5.15

Q1: Mar 16	1.56
Q2: Jun 16	3.26
Q3: Sep 16	-0.06
Q4: Dec 16	1.58
Q1: Mar 17	3.33
Q2: Jun 17	2.17
Q3: Sep 17	6.11
Q4: Dec 17	11.48
Q1: Mar 18	43.03
Q2: Jun 18	63.04
Q3: Sep 18	57.00
Q4: Dec 18	50.70
Q1: Mar 19	17.34
Q2: Jun 19	1.41
Q3: Sep 19	3.32
Q4: Dec 19	2.31
Q1: Mar 20	-0.89
Q2: Jun 20	-11.92
Q3: Sep 20	-4.37
Q4: Dec 20	0.42
Q1: Mar 21	4.06
Q2: Jun 21	20.50
Q3: Sep 21	23.00
Q4: Dec 21	10.43
Q1: Mar 22	13.14
Q2: Jun 22	220.93
Q3: Sep 22	211.84
Q4: Dec 22	245.40
Q1: Mar 23	238.71
Q2: Jun 23	5.40
Q3: Sep 23	1.59
Q4: Dec 23	-6.58
Q1: Mar 24	-6.93
Q2: Jun 24	-6.23
Q3: Sep 24	-3.57
Q4: Dec 24	-2.50
Q1: Mar 25	-9.83
Q2: Jun 25	1.02
Q3: Sep 25	-6.01
Q4: Dec 25	-5.65
Q1: Mar 26	-0.85

2025

Warner Bros. Discovery’s annual revenue decreased -5.15% during fiscal year 2025 compared to 2024. It represents a decline of $2.03 B from $39.32 B (in 2024) to $37.30 B (in 2025).

2024

Warner Bros. Discovery’s annual revenue decreased -4.84% during fiscal year 2024 compared to 2023. It represents a decline of $2.00 B from $41.32 B (in 2023) to $39.32 B (in 2024).

2023

Warner Bros. Discovery’s annual revenue increased +22.19% during fiscal year 2023 compared to 2022. It represents a growth of $7.50 B from $33.82 B (in 2022) to $41.32 B (in 2023).

2022

Warner Bros. Discovery’s annual revenue increased +177.39% during fiscal year 2022 compared to 2021. It represents a growth of $21.63 B from $12.19 B (in 2021) to $33.82 B (in 2022).

2021

Warner Bros. Discovery’s annual revenue increased +14.24% during fiscal year 2021 compared to 2020. It represents a growth of $1.52 B from $10.67 B (in 2020) to $12.19 B (in 2021).

2020

Warner Bros. Discovery’s annual revenue decreased -4.24% during fiscal year 2020 compared to 2019. It represents a decline of $473.00 M from $11.14 B (in 2019) to $10.67 B (in 2020).

2019

Warner Bros. Discovery’s annual revenue increased +5.60% during fiscal year 2019 compared to 2018. It represents a growth of $591.00 M from $10.55 B (in 2018) to $11.14 B (in 2019).

2018

Warner Bros. Discovery’s annual revenue increased +53.54% during fiscal year 2018 compared to 2017. It represents a growth of $3.68 B from $6.87 B (in 2017) to $10.55 B (in 2018).

2017

Warner Bros. Discovery’s annual revenue increased +5.79% during fiscal year 2017 compared to 2016. It represents a growth of $376.00 M from $6.50 B (in 2016) to $6.87 B (in 2017).

2016

Warner Bros. Discovery’s annual revenue increased +1.61% during fiscal year 2016 compared to 2015. It represents a growth of $103.00 M from $6.39 B (in 2015) to $6.50 B (in 2016).

Period	Revenue	Year-over-Year Change
Get instant access to data, Sign up for free FY 2025	$37.30 B	-$2.03 B 5.15%
Q4: Dec 25	$9.46 B	-$567.00 M 5.65%
Q3: Sep 25	$9.05 B	-$578.00 M 6.01%
Q2: Jun 25	$9.81 B	$99.00 M 1.02%
Q1: Mar 25	$8.98 B	-$979.00 M 9.83%
Get instant access to data, Sign up for free FY 2024	$39.32 B	-$2.00 B 4.84%
Q4: Dec 24	$10.03 B	-$257.00 M 2.5%
Q3: Sep 24	$9.62 B	-$356.00 M 3.57%
Q2: Jun 24	$9.71 B	-$645.00 M 6.23%
Q1: Mar 24	$9.96 B	-$742.00 M 6.93%
Get instant access to data, Sign up for free FY 2023	$41.32 B	$7.50 B 22.19%
Q4: Dec 23	$10.28 B	-$724.00 M 6.58%
Q3: Sep 23	$9.98 B	$156.00 M 1.59%
Q2: Jun 23	$10.36 B	$531.00 M 5.4%
Q1: Mar 23	$10.70 B	$7.54 B 238.71%
Get instant access to data, Sign up for free FY 2022	$33.82 B	$21.63 B 177.39%
Q4: Dec 22	$11.01 B	$7.82 B 245.4%
Q3: Sep 22	$9.82 B	$6.67 B 211.84%
Q2: Jun 22	$9.83 B	$6.77 B 220.93%
Q1: Mar 22	$3.16 B	$367.00 M 13.14%
Get instant access to data, Sign up for free FY 2021	$12.19 B	$1.52 B 14.24%
Q4: Dec 21	$3.19 B	$301.00 M 10.43%
Q3: Sep 21	$3.15 B	$589.00 M 23%
Q2: Jun 21	$3.06 B	$521.00 M 20.5%
Q1: Mar 21	$2.79 B	$109.00 M 4.06%
Get instant access to data, Sign up for free FY 2020	$10.67 B	-$473.00 M 4.24%
Q4: Dec 20	$2.89 B	$12.00 M 0.42%
Q3: Sep 20	$2.56 B	-$117.00 M 4.37%
Q2: Jun 20	$2.54 B	-$344.00 M 11.92%
Q1: Mar 20	$2.68 B	-$24.00 M 0.89%
Get instant access to data, Sign up for free FY 2019	$11.14 B	$591.00 M 5.6%
Q4: Dec 19	$2.87 B	$65.00 M 2.31%
Q3: Sep 19	$2.68 B	$86.00 M 3.32%
Q2: Jun 19	$2.89 B	$40.00 M 1.41%
Q1: Mar 19	$2.71 B	$400.00 M 17.34%
Get instant access to data, Sign up for free FY 2018	$10.55 B	$3.68 B 53.54%
Q4: Dec 18	$2.81 B	$945.00 M 50.7%
Q3: Sep 18	$2.59 B	$941.00 M 57%
Q2: Jun 18	$2.85 B	$1.10 B 63.04%
Q1: Mar 18	$2.31 B	$694.00 M 43.03%
Get instant access to data, Sign up for free FY 2017	$6.87 B	$376.00 M 5.79%
Q4: Dec 17	$1.86 B	$192.00 M 11.48%
Q3: Sep 17	$1.65 B	$95.00 M 6.11%
Q2: Jun 17	$1.75 B	$37.00 M 2.17%
Q1: Mar 17	$1.61 B	$52.00 M 3.33%
Get instant access to data, Sign up for free FY 2016	$6.50 B	$103.00 M 1.61%
Q4: Dec 16	$1.67 B	$26.00 M 1.58%
Q3: Sep 16	$1.56 B	-$1.00 M 0.06%
Q2: Jun 16	$1.71 B	$54.00 M 3.26%
Q1: Mar 16	$1.56 B	$24.00 M 1.56%

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Warner Bros. Discovery's Revenue (2016 - 2025)

Warner Bros. Discovery's Revenue Trend

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Warner Bros. Discovery's Revenue (Year-over-Year Change)

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Warner Bros. Discovery Revenue History

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