Wall St Engine(@wallstengine):WARNER BROS. DISCOVERY $WBD Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $8.7B (Est. $9.29B) 🔴; -11% YoY 🔹 Adj. EPS: $0.06 (Est. -$0.14) 🟢; -90% YoY 🔹 Adjusted EBITDA: $1.9B (Est. $1.88B) 🟡; -4% YoY 🔹 Net Income: $149M; -91% YoY Segment Net Revenue: 🔹 Streaming: $3.1B; +10% ex-FX 🔹 Studios: $2.3B; -39% ex-FX 🔹 Global Linear Networks: $4.0B; -17% ex-FX Other Q2 Metrics: 🔹 Free Cash Flow: $572M; -19% YoY 🔹 Cash Provided by Operating Activities: $848M; -14% YoY 🔹 Operating Income: $237M 🔹 Cash on Hand: $3.4B M&A: 🔹 Proposed transaction with Paramount Skydance Corporation

2026.08.06 11:11

WARNER BROS. DISCOVERY $WBD Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $8.7B (Est. $9.29B) 🔴; -11% YoY 🔹 Adj. EPS: $0.06 (Est. -$0.14) 🟢; -90% YoY 🔹 Adjusted EBITDA: $1.9B (Est. $1.88B) 🟡; -4% YoY 🔹 Net Income: $149M; -91% YoY Segment Net Revenue: 🔹 Streaming: $3.1B; +10% ex-FX 🔹 Studios: $2.3B; -39% ex-FX 🔹 Global Linear Networks: $4.0B; -17% ex-FX Other Q2 Metrics: 🔹 Free Cash Flow: $572M; -19% YoY 🔹 Cash Provided by Operating Activities: $848M; -14% YoY 🔹 Operating Income: $237M 🔹 Cash on Hand: $3.4B M&A: 🔹 Proposed transaction with Paramount Skydance Corporation