Warner Bros. Discovery (WBD) Q2 2025 10-Q Quarterly Report

Filed: Aug 7, 2025Period ending Jun 30, 2025
Communication Services
Cable & Other Pay Television ServicesSEC EDGAR

Warner Bros. Discovery (WBD) 10-Q quarterly report for Q2 2025, filed with SEC EDGAR on Aug 7, 2025 for the fiscal period ending Jun 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Warner Bros. Discovery Q2 2025 10-Q Analysis

Risk Factors

  • New risk: Uncertainty around proposed Separation completion by mid-2026, triggered by June 2025 announcement of tax-free spin-off plan
  • Material update: $17B Bridge Loan Facility with 18-month term, variable interest rate, restrictive covenants limiting operations and increasing financial strain
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Warner Bros. Discovery Q2 2025 Quarterly Financials
XBRL

Revenue

$9.8B

+1.0% YoY +9.3% QoQ

Net Income

$1.6B

+115.8% YoY +448.8% QoQ

Net Margin

16.1%

+11891bp YoY +2115bp QoQ

Source: XBRL data from Warner Bros. Discovery Q2 2025 10-Q filing on SEC EDGAR. All figures in USD.

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