WB
WBD
Quarter ended Dec 31, 2024 · FY2024 Q4

Warner Bros. Discovery (WBD) Revenue — Quarter Ended Dec 31, 2024

Revenue for the quarter increased compared to the immediately preceding period, ending a streak of sequential declines. However, it decreased relative to the same quarter one year earlier, continuing a pattern of annual contraction.

Key takeaway

Quarter ended Dec 31, 2024 · FY2024 Q4

Revenue for the quarter increased compared to the immediately preceding period, ending a streak of sequential declines. However, it decreased relative to the same quarter one year earlier, continuing a pattern of annual contraction.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$10B

Revenue reported for this quarter.

Quarter-over-quarter

+4.2%

Change from the immediately preceding quarter.

Year-over-year

-2.5%

Change from the comparable year-ago quarter.

Trailing four quarters

$39.3B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2024$10B-6.9%
Jun 30, 2024$9.7B-6.2%
Sep 30, 2024$9.6B-3.6%
Dec 31, 2024$10B-2.5%

Revenue performance

The quarter’s revenue improved from the prior quarter, reversing three consecutive periods of sequential declines. The year-over-year comparison remained negative, reflecting ongoing annual pressure.

Quarterly comparison

Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue fell.

What to watch

The annual revenue decline persists despite the sequential uptick, warranting attention to the underlying trend.