Company / Operating Income
Warner Bros. Discovery Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$738.0M
FY2025
5-year range
-$10.0B / $3.0B
FY2021-FY2025
Trend
+107.4%
vs FY2024
Sector context
#16 of 68
Communication Services
What the data says
Warner Bros. Discovery's operating income of $738M is higher than 76% of companies in the Communication Services sector (FY2025). Operating Income returned to growth in FY2025 after 3 years of decline, reaching $738M.
Based on SEC 10-K filings.
$738M in FY2025 with a 5-year CAGR of -17.5%. Top quartile in the Communication Services sector.
Declined from $2.0B to $738M over the past 2 years.
Communication Services sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -33.5%
- 5-Year CAGR
- -17.5%
- 10-Year CAGR
- -
Sector benchmark
-85.3% below sector average
Key checks
Key Insights
- 5-year CAGR of -17.5%, indicating a declining trend.
- In FY2025, operating income increased 107.4% year-over-year.
- Ranks #16 out of 68 companies in the Communication Services sector.
- Peak operating income was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $738.0M | +107.4% |
| FY2024 | -$10.0B | -598.6% |
| FY2023 | $2.0B | -20.0% |
| FY2022 | $2.5B | -16.4% |
| FY2021 | $3.0B | +55.6% |
| FY2020 | $1.9B | +171.2% |
| FY2019 | $713.0M | -63.1% |
| FY2018 | $1.9B | +171.2% |
| FY2017 | $713.0M | -65.4% |
| FY2016 | $2.1B | +4.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026