WBD
Warner Bros. Discovery, Inc.
+0.16 (+0.57%)28.23USD5.9M成交股數70.9B市值–本益比(近四季)2.0股價營收比-11.2%營收年增(近四季)2026-11-05下次財報
財報 SEC XBRL 申報值 · 美元 · 財年於 12 月結束
逐季數字是 10-Q 的單季值;財年第四季 XBRL 只有年度值,這裡用年度減前三季推算。年增率比的是去年同一會計季。
營收與利潤率近 16 季
稀釋 EPS近 16 季 · 美元
現金流近 16 季
股東回饋近 16 季 · 庫藏股與股利
損益表 逐季 · 最新在左 · 小字是年增率
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 | 23Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營收 | 8.7B-11% | 8.9B-1% | 9.5B-2% | 9.0B-7% | 9.8B-1% | 9.0B-13% | 9.6B-4% | 9.7B-6% | 10.0B | 10.3B | 10.0B | 10.4B |
| 營業成本 | 4.6B | 4.6B | 5.2B | 4.6B | 6.0B | 5.1B | 5.2B | 6.2B | 6.1B | 5.9B | 5.3B | 6.6B |
| 毛利 | 4.1B+7% | 4.3B+10% | 4.2B-5% | 4.5B+28% | 3.8B-1% | 3.8B-12% | 4.4B-5% | 3.5B-6% | 3.9B | 4.4B | 4.7B | 3.7B |
| 毛利率 | 47.0% | 47.8% | 44.8% | 49.5% | 39.2% | 42.9% | 46.2% | 36.1% | 39.2% | 42.7% | 46.8% | 35.9% |
| 研發費用 | – | – | – | – | – | – | – | – | – | – | – | – |
| 銷售管理費用 | 2.6B | 2.5B | 2.4B | 2.4B | 2.5B | 2.2B | 2.4B | 2.5B | 2.2B | 2.5B | 2.3B | 2.6B |
| 營業利益 | 237M-228% | −2.5B+6573% | 349M+24% | 611M-106% | −185M-31% | −37.0M-80% | 281M+190% | −10.2B+1027% | −267M | −182M | 97.0M | −906M |
| 營業利益率 | 2.7% | -27.8% | 3.7% | 6.8% | -1.9% | -0.4% | 2.9% | -105.1% | -2.7% | -1.8% | 1.0% | -8.7% |
| 稅後淨利 | 149M-91% | −2.9B+544% | −252M-287% | −148M-99% | 1.6B-264% | −453M+13% | 135M-132% | −10.0B+705% | −966M | −400M | −417M | −1.2B |
| 淨利率 | 1.7% | -32.8% | -2.7% | -1.6% | 16.1% | -5.0% | 1.4% | -102.8% | -9.7% | -3.9% | -4.2% | -12.0% |
| 稀釋 EPS | 0.06-90% | -1.17+550% | -0.10-300% | -0.06-99% | 0.63-258% | -0.18+13% | 0.05-129% | -4.07+698% | -0.40 | -0.16 | -0.17 | -0.51 |
| 稀釋股數 | 2.58B | 2.49B | 2.53B | 2.48B | 2.50B | 2.46B | 2.47B | 2.45B | 2.44B | 2.44B | 2.44B | 2.44B |
資產負債表 期末餘額
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 | 23Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 現金與約當現金 | 3.4B | 3.3B | 4.6B | 4.3B | 4.9B | 3.9B | 3.3B | 3.6B | 3.0B | 3.8B | 2.4B | 3.0B |
| 應收帳款 | 5.0B | 5.0B | 5.3B | 5.1B | 5.4B | 4.7B | 5.5B | 6.2B | 6.3B | 6.0B | 6.3B | 6.8B |
| 存貨 | – | – | – | – | – | – | – | – | – | – | – | – |
| 總資產 | 97.2B | 97.8B | 100B | 101B | 102B | 102B | 106B | 108B | 120B | 123B | 124B | 129B |
| 有息負債 | 32.0B | 32.5B | 32.6B | 33.5B | 34.6B | 37.4B | 40.2B | 41.0B | 42.6B | 43.7B | 44.8B | 47.3B |
| 總負債 | 63.3B | 64.1B | 62.9B | 63.2B | 64.4B | 66.5B | 70.2B | 72.6B | 74.5B | 76.3B | 77.6B | 81.8B |
| 股東權益 | 32.8B | 32.6B | 35.9B | 36.0B | 36.0B | 33.8B | 35.1B | 34.3B | 44.2B | 45.2B | 44.8B | 45.5B |
| 負債比 | 65.0% | 65.5% | 62.9% | 62.9% | 63.3% | 65.4% | 66.0% | 67.2% | 62.2% | 62.1% | 62.7% | 63.6% |
| 淨現金(現金 − 有息負債) | −28.7B | −29.2B | −28.0B | −29.2B | −29.7B | −33.6B | −36.9B | −37.3B | −39.6B | −39.9B | −42.4B | −44.3B |
現金流量表 單季
| 科目 | 26Q2 | 26Q1 | 25Q4 | 25Q3 | 25Q2 | 25Q1 | 24Q3 | 24Q2 | 24Q1 | 23Q4 | 23Q3 | 23Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 營業現金流 | – | −208M-138% | – | – | – | 553M | – | – | 585M | – | – | – |
| 資本支出 | – | 268M | – | – | – | 251M | – | – | 195M | – | – | – |
| 自由現金流 | – | −476M-258% | – | – | – | 302M | – | – | 390M | – | – | – |
| 折舊攤銷 | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | 1.5B | 1.8B | 1.7B | 1.9B | 2.0B | 2.0B | 1.9B |
| 買回庫藏股 | – | – | – | – | – | – | – | – | – | – | – | – |
| 現金股利 | – | – | – | – | – | – | – | – | – | – | – | – |
| 自由現金流率 | – | -5.4% | – | – | – | 3.4% | – | – | 3.9% | – | – | – |
營收拆解 2025 年度 10-K 的分部揭露 · 年增對前一年度
業務分部2025 年度 · 41.2B
| Global Linear Networks | 17.7B | 42.9% | -12.5% |
|---|---|---|---|
| Studios | 12.6B | 30.7% | +8.7% |
| Streaming | 10.9B | 26.4% | +5.5% |
地區2025 年度 · 37.3B
| 美國 | 24.9B | 66.9% | -5.6% |
|---|---|---|---|
| 美國以外 | 12.4B | 33.1% | -4.2% |
產品／服務2025 年度 · 38.4B
| Distribution Revenue | 19.3B | 50.2% | -2.2% |
|---|---|---|---|
| Product And Service Content | 9.6B | 25.1% | -6.3% |
| 廣告 | 7.3B | 19.0% | -9.7% |
| Product And Service Other | 1.1B | 2.8% | -12.3% |
| Service Other | 1.1B | 2.8% | -12.3% |
各維度的加總不一定等於合併營收:分部有時含內部交易、地區有時只揭露主要國家。挑的是加總最接近合併營收的那個標籤。
年度 10-K
| 財年 | 營收 | 年增 | 稅後淨利 | 淨利率 | 稀釋 EPS | 自由現金流 |
|---|---|---|---|---|---|---|
| FY2025 | 37.3B | -5.1% | 727M | 1.9% | 0.29 | 3.1B |
| FY2024 | 39.3B | -4.8% | −11.3B | -28.8% | -4.62 | 4.4B |
| FY2023 | 41.3B | +22.2% | −3.1B | -7.6% | -1.28 | 6.2B |
| FY2022 | 33.8B | +177.4% | −7.4B | -21.8% | -3.82 | 3.3B |
| FY2021 | 12.2B | +14.2% | 1.0B | 8.3% | 1.54 | 2.4B |
| FY2020 | 10.7B | -4.2% | 1.2B | 11.4% | 1.81 | 2.3B |
| FY2019 | 11.1B | +5.6% | 2.1B | 18.6% | – | 3.1B |
| FY2018 | 10.6B | – | 594M | 5.6% | – | 2.4B |