Warner Bros. Discovery (WBD) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the quarter compared to the immediately preceding period. However, revenue rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the quarter compared to the immediately preceding period. However, revenue rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.4B
Revenue reported for this quarter.
Quarter-over-quarter
-3.2%
Change from the immediately preceding quarter.
Year-over-year
+5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$41.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $9.8B | +211.8% |
| Dec 31, 2022 | $11B | +245.4% |
| Mar 31, 2023 | $10.7B | +238.7% |
| Jun 30, 2023 | $10.4B | +5.4% |
Revenue performance
The reported revenue direction was downward from the prior quarter, as the sequential comparison showed a decrease. This contrasts with the year-over-year improvement.
Quarterly comparison
When compared with the immediately preceding quarter, revenue was lower. In contrast, compared with the same quarter one year ago, revenue was higher.
What to watch
The sequential decline from the prior quarter may warrant attention given the year-over-year gain.