Warner Bros. Discovery Inc Ordinary Shares - Class A

WBD: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Warner Bros. Discovery Earnings: Streaming Very Strong Amid Results With Positives and Negatives

Matthew Dolgin

Aug 6, 2026

Warner Bros.' total revenue was down 11% year over year in the second quarter, mostly due to the loss of very costly NBA rights. Streaming revenue was up 10% while profitability again expanded. Studios performance disappointed, even with declines expected after last year's huge box-office hits.

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Warner Bros. Discovery Inc Ordinary Shares - Class A

Warner Bros. Discovery Earnings: Streaming Very Strong Amid Results With Positives and Negatives

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