Warner Bros. Discovery (WBD) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline extended the downward trend observed over recent quarters.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline extended the downward trend observed over recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.6B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
-3.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$39.6B
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 |
|---|---|---|
| Dec 31, 2023 | $10.3B | -6.6% |
| Mar 31, 2024 | $10B | -6.9% |
| Jun 30, 2024 | $9.7B | -6.2% |
| Sep 30, 2024 | $9.6B | -3.6% |
Revenue performance
The reported revenue was lower than the prior quarter, reflecting a continued contraction.
Quarterly comparison
Sequentially, revenue fell from the preceding quarter, and on a year-over-year basis it was also below the level of the same quarter one year ago.
What to watch
The sustained decline in quarterly revenue may warrant attention to the company's top-line trajectory.