10-Q quarterly report · filed Aug 6, 2026

Warner Bros. Discovery (WBD) Q2 2026 10-Q Quarterly Report

Short answer

Warner Bros. Discovery (WBD) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $8.7B (down 11.2% year over year) with net income of $149M.

Q2 2026 key financials · XBRL

Revenue
$8.7B
−11.2% YoY · −2.0% QoQ
Net income
$149M
−90.6% YoY · +105.1% QoQ
Operating margin
2.7%
EPS (diluted)
$0.06
−90.5% YoY · +105.1% QoQ

Source: XBRL data from the Warner Bros. Discovery (WBD) Q2 2026 10-Q on SEC EDGAR. USD.

Warner Bros. Discovery Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $8.717B, down 11% from $9.812B YoY
  • Operating margin 2.7% vs negative 1.9% YoY
  • Best segment Streaming: revenue $3.079B, up 10%; Adjusted EBITDA $512M, up 75%
  • Worst segment Studios: revenue $2.328B, down 39%; Adjusted EBITDA $96M, down 89%
  • Near-term headwinds: linear subscriber and advertising declines, digital ad competition, tariffs, and uncertain PSKY merger litigation

Risk Factors

  • Risk Factors section not provided; submitted text contains Exhibits and Signatures only

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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