Warner Bros. Discovery, Inc.
WBDNASDAQCommunication Services● Active
$26.31
+$0.07(+0.25%)
Market Cap$66.0B
P/E Ratio—
52W High$30
52W Low$9.11
Warner Bros. Discovery, Inc. (WBD) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
WBD · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 6, 2026EPS Actual
-$1.17
Est. -$0.11 · -975.4%
Revenue
$8.89B
Est. $8.89B · +0.1%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 6, 2026
After Market Close
▼ Miss EPS
WBD reports quarterly as a NASDAQ-listed Entertainment company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | -$0.11 | — | — | — | $9.23B | — |
| ▼ Q2 FY2026 | May 6, 2026 | -$0.11 | -$1.17 | -975.4% | $8.89B | $8.89B | +0.1% |
| ▼ Q1 FY2026 | Feb 26, 2026 | -$0.03 | -$0.10 | -209.8% | $9.46B | $9.35B | +1.2% |
| ▲ Q4 FY2025 | Nov 6, 2025 | -$0.07 | -$0.06 | +11.6% | $9.04B | $9.18B | -1.4% |
| ▲ Q3 FY2025 | Aug 7, 2025 | -$0.24 | $0.63 | +362.8% | $9.81B | $9.77B | +0.4% |
| ▼ Q2 FY2025 | May 8, 2025 | -$0.17 | -$0.18 | -3.8% | $8.98B | $9.59B | -6.4% |
| ▼ Q1 FY2025 | Feb 27, 2025 | -$0.03 | -$0.20 | -658.4% | $10.03B | $10.18B | -1.5% |
| ▲ Q4 FY2024 | Nov 7, 2024 | -$0.09 | $0.05 | +155.6% | $9.62B | $9.79B | -1.7% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
-$0.11
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 6, 2026Miss
EPS Actual
-$1.17
EPS Est.
-$0.11
EPS Surpr.
-975.4%
Revenue
$8.89B
Q1 FY2026
Feb 26, 2026Miss
EPS Actual
-$0.10
EPS Est.
-$0.03
EPS Surpr.
-209.8%
Revenue
$9.46B
Q4 FY2025
Nov 6, 2025Beat
EPS Actual
-$0.06
EPS Est.
-$0.07
EPS Surpr.
+11.6%
Revenue
$9.04B
Q3 FY2025
Aug 7, 2025Beat
EPS Actual
$0.63
EPS Est.
-$0.24
EPS Surpr.
+362.8%
Revenue
$9.81B
Q2 FY2025
May 8, 2025Miss
EPS Actual
-$0.18
EPS Est.
-$0.17
EPS Surpr.
-3.8%
Revenue
$8.98B
Q1 FY2025
Feb 27, 2025Miss
EPS Actual
-$0.20
EPS Est.
-$0.03
EPS Surpr.
-658.4%
Revenue
$10.03B
Q4 FY2024
Nov 7, 2024Beat
EPS Actual
$0.05
EPS Est.
-$0.09
EPS Surpr.
+155.6%
Revenue
$9.62B
Analyst Estimates
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2030 | $0.00 | $0.00 | $0.00 | 4 |
| Q3 FY2030 | $0.00 | $0.00 | $0.00 | 4 |
| Q2 FY2030 | $0.00 | $0.00 | $0.00 | 4 |
| Q1 FY2030 | $-0.16 | $-0.15 | $-0.14 | 4 |
| Q4 FY2029 | $0.25 | $0.27 | $0.29 | 4 |
| Q3 FY2029 | $-0.29 | $-0.28 | $-0.26 | 4 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2030 | $9.8B | $10.3B | $10.9B | 5 |
| Q3 FY2030 | $9.6B | $10.1B | $10.7B | 5 |
| Q2 FY2030 | $9.9B | $10.5B | $11.0B | 9 |
| Q1 FY2030 | $9.5B | $10.1B | $10.6B | 7 |
| Q4 FY2029 | $9.6B | $10.1B | $10.6B | 5 |
| Q3 FY2029 | $9.3B | $9.8B | $10.3B | 5 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▼ Q2 FY2026 | May 6, 2026 | -975.4% | $27.22 | $27.20 | -0.07% |
| ▼ Q1 FY2026 | Feb 26, 2026 | -209.8% | $28.90 | $28.80 | -0.35% |
| ▲ Q4 FY2025 | Nov 6, 2025 | +11.6% | $22.76 | $22.42 | -1.49% |
| ▲ Q3 FY2025 | Aug 7, 2025 | +362.8% | $12.79 | $11.86 | -7.27% |
| ▼ Q2 FY2025 | May 8, 2025 | -3.8% | $8.56 | $9.01 | +5.26% |
| ▼ Q1 FY2025 | Feb 27, 2025 | -658.4% | $10.50 | $11.00 | +4.76% |
| ▲ Q4 FY2024 | Nov 7, 2024 | +155.6% | $8.38 | $9.37 | +11.81% |
| ▼ Q3 FY2024 | Aug 7, 2024 | -1443.6% | $7.57 | $7.71 | +1.85% |
Q2 FY2026-0.07%
Report Date
May 6, 2026
EPS Beat/Miss
-975.4%
Price Before
$27.22
Price After
$27.20
Q1 FY2026-0.35%
Report Date
Feb 26, 2026
EPS Beat/Miss
-209.8%
Price Before
$28.90
Price After
$28.80
Q4 FY2025-1.49%
Report Date
Nov 6, 2025
EPS Beat/Miss
+11.6%
Price Before
$22.76
Price After
$22.42
Q3 FY2025-7.27%
Report Date
Aug 7, 2025
EPS Beat/Miss
+362.8%
Price Before
$12.79
Price After
$11.86
Q2 FY2025+5.26%
Report Date
May 8, 2025
EPS Beat/Miss
-3.8%
Price Before
$8.56
Price After
$9.01
Q1 FY2025+4.76%
Report Date
Feb 27, 2025
EPS Beat/Miss
-658.4%
Price Before
$10.50
Price After
$11.00
Q4 FY2024+11.81%
Report Date
Nov 7, 2024
EPS Beat/Miss
+155.6%
Price Before
$8.38
Price After
$9.37
Q3 FY2024+1.85%
Report Date
Aug 7, 2024
EPS Beat/Miss
-1443.6%
Price Before
$7.57
Price After
$7.71
Avg Beat Reaction+1.02%
Avg Miss Reaction+2.29%
Beat Rate3 / 8 quarters
Largest Move+11.81% (Q4 FY2024)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: WBD ends December
Warner Bros. Discovery, Inc. (WBD) most recently reported earnings on May 6, 2026 for Q2 FY2026, posting EPS of $-1.17 — missing the analyst consensus of $-0.11 by -975.4%. The next WBD earnings date is expected around September 1, 2026.
Each quarter, investors track WBD earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. WBD revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
WBD's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
WBD earnings · 5 questionsWarner Bros. Discovery, Inc.'s next earnings report is expected around September 1, 2026. WBD typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; WBD historically reports after market close (AMC).
WBD earnings datewhen is WBD earningsWBD next earnings datewhen does WBD report earningsWBD earnings calendar
▸ Source: FMP · Warner Bros. Discovery, Inc. SEC filings · US GAAP · Warner Bros. Discovery, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026