Warner Bros. Discovery - Investor Relations

corporate business

entertainment media

government public service

e-commerce shopping

news media journalism

English

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Q3 2025 Earnings Release
(opens in new window)

Trending Schedule and Non-GAAP Reconciliations (PDF)
(opens in new window)

Trending Schedule and Non-GAAP Reconciliations (Excel)
(opens in new window)

Warner Bros. Discovery Third Quarter 2025 Earnings Call

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            '<span class="module_delay">Minimum 20 minute delay.</span>' +
        '</div>' +
        '{{/.}}'
    )
});



    // $('.module-banner-items .module_container--events  .module_container--widget').events({
    $('.module_container--events  .module_container--widget').events({
        usePublic: GetViewType() != "0",
        dateFormat: {
            date: 'MMMM D, YYYY',
            time: 'h:mm A'
        },
        useMoment: true,
        // sortAscending: true,
        
        /* Properties changed regarding case 00563745. Please return to the original properties
        before publishing the future events */
        /* Properties changed back to normal, case ID 00565859 */
        /* maxDate: '2023-08-04', */
        limit: 4,
        loadingMessage: '<p class="module_loader"><i class="q4-icon_spinner"></i><span class="sr-only">Loading ...</span></p>',
        template: (
            /* beautify preserve:start */
            '{{#items}}' +
                '<div class="module_item">' +
                    '<div class="module_type">' +
                        '<span class="module_type-text">{{#isFuture}}Upcoming{{/isFuture}}{{#isPast}}Past{{/isPast}} Event</span>' +
                    '</div>' +
                    '<div class="module_date-time">' +
                        '<span class="module_date-text">{{date.date}}</span> at <span class="module_time-text">{{date.time}} {{timeZone}}</span>' +
                    '</div>' +
                    '<div class="module_headline">' +
                        '<a class="module_headline-link" href="{{url}}">{{title}}</a>' +
                    '</div>' +
                    '<div class="module_links list--reset q4icons">' +
                        '{{#isFuture}}' +
                            '<div class="module_add-to-calendar">' +
                                '<span class="module_link module_add-to-calendar-reveal" tabindex="0">' + 
                                    '<span class="module_link-text">Add to Calendar</span>' + 
                                '</span>' +
                                '<ul class="module_add-to-calendar-list">' +
                                    '<li class="module_add-to-calendar-item module_add-to-calendar-item--apple">' +
                                        '<a href="/DownloadICal.aspx?id={{id}}" target="_blank" class="module_add-to-calendar-link">' +
                                            '<i class="q4-icon_apple"></i>' +
                                            '<span class="module_add-to-calendar-text sr-only">Add to Apple Calendar</span>' +
                                        '</a>' +
                                    '</li>' +
                                    '<li class="module_add-to-calendar-item module_add-to-calendar-item--google">' +
                                        '<a href="/DownloadICal.aspx?id={{id}}&platform=GoogleCalendar" target="_blank" class="module_add-to-calendar-link">' +
                                            '<i class="q4-icon_google"></i>' +
                                            '<span class="module_add-to-calendar-text sr-only">Add to Google Calendar</span>' +
                                        '</a>' +
                                    '</li>' +
                                    '<li class="module_add-to-calendar-item module_add-to-calendar-item--outlook">' +
                                        '<a href="/DownloadICal.aspx?id={{id}}" target="_blank" class="module_add-to-calendar-link">' +
                                            '<i class="q4-icon_microsoft"></i>' +
                                            '<span class="module_add-to-calendar-text sr-only">Add to Microsoft Outlook</span>' +
                                        '</a>' +
                                    '</li>' +
                                    '<li class="module_add-to-calendar-item module_add-to-calendar-item--ics">' +
                                        '<a href="/DownloadICal.aspx?id={{id}}" target="_blank" class="module_add-to-calendar-link">' +
                                            '<i class="q4-icon_calendar"></i>' +
                                            '<span class="module_add-to-calendar-text sr-only">Add to iCalendar</span>' +
                                        '</a>' +
                                    '</li>' +
                                '</ul>' +
                            '</div>' +
                        '{{/isFuture}}' +
                        '{{#webcast}}' +
                            '<div class="module_webcast">' +
                                '<a class="module_link module_link-webcast" href="{{webcast}}" target="_blank">&nbsp; &nbsp;' +            
                                    '<span class="q4icons_icon" aria-hidden="true"></span>' +
                                    '<span class="module_link-text">Webcast</span>' +
                                    '<span class="sr-only">(opens in new window)</span></a>'+
                                /*uncomment line below and comment out line above to have webcast link direct to event details*/                        
                                 /*'<a class="module_link module_link-webcast" href="{{url}}">&nbsp; &nbsp;' +
            			                        '<a href="//s201.q4cdn.com/336605034/files/doc_presentations/Warner-Bros-Discovery-Investor-Presentation-06-09-25.pdf">Investor Presentation</a><br>' +
                                    '<a href="//s201.q4cdn.com/336605034/files/doc_presentations/Warner-Bros-Discovery-Debt-Tender-Presentation-06-09-25.pdf">Debt Tender Offer Presentation</a>' +
                                    '<span class="sr-only">(opens in new window)</span>'+
                                '</a>' +*/
                            '</div>' +
                            '<div class="module_news" style="display: inline-flex!important;"><a href="{{url}}" target="_blank" class="module_link module_news-link">Event Details<span class="sr-only">(opens in new window)</span></a></div>' +
                       '{{/webcast}}' +
                    '</div>' +
                '</div>' +
            '{{/items}}' +
            '{{^items}}' +
                '<p><i class="q4-icon_warning-line"></i> No events found.</p>' +
            '{{/items}}'
            /* beautify preserve:end */
        ),
        beforeRender: function(e, data) {
            $.each(data.items, function(i, item) {
                if (item.date.time == '12:00 AM') {
                    item.date.time = '';
                    data.items[i].timeZone = '';
                } else if (item.timeZone == 0) {
                    data.items[i].timeZone = '';
                }
                
            });

            // arrange items
            var futureEvents = data.items.filter(function(item) { return item.isFuture; });
            var pastEvents = data.items.filter(function(item) { return !item.isFuture; });
            var newItems = futureEvents.reverse().concat(pastEvents);

            data.items = newItems;
        },
        complete: function(e) {
            q4App.addToCalendar($(e.target).find('.module_add-to-calendar'));
            $(e.target).find('> div').slick({
                slidesToShow: 1,
                slidesToScroll: 1,
                arrows: false,
                dots: true
            });
            
            $(".module_headline-link:contains('Investor Call')").closest($(".module_item")).find($(".module_news-link")).text("Investor Materials");//01018778
            $('.module_item:contains("2025 Annual Meeting of Stockholders")').find('.module_news').hide();
            
            var slickInst = $(e.target).find('.slick-initialized').slick('getSlick');
            q4Defaults.accessibleSlick(slickInst, 'before', '.slick-dots');

            // popup
            var q4Disclaimer = {
                linkSelectors: [
                    // 'a[href="https://edge.media-server.com/m6/p/kjfyowb8"]'
                    '.module_webcast a.module_link-webcast'
                ],
                init: function() {
                    var inst = this,
                        selectors = inst.linkSelectors.join(", ");
        
                    $(selectors).on('click', function(e) {
                        var proceedLink = $(this).attr('href');
        
                        e.preventDefault(); // stop the link from directing the browser
                        e.stopPropagation(); // avoid conflict with document tracking script
        
                        $.fancybox.open({
                            // content : inst.template,
                            src : '#webcast-disclaimer',
                            opts : { // fancybox3
                                // onComplete: function() { // if fancybox1
                                afterLoad: function() { // if fancybox3
                                // afterShow: function() { // if fancybox2
                                    $('.fancy-disclaimer_link--proceed').attr('href', proceedLink);
                                    $('.fancy-disclaimer_link').one('click', function(e) {
                                        if ( $(this).is('.fancy-disclaimer_link--close') ) {
                                            e.preventDefault();
                                        }
                                        $.fancybox.close();
                                    });
                                }
                            }
                        });
                    });
                }
            };
            q4Disclaimer.init();
        }
    });
    
    q4App.tabs($('.module-financials-and-esg .module_container--stock'), '.module_tabs', '.module_tab-trigger', '.module_panel', null, false);
    



//<![CDATA[
var Page_ValidationSummaries =  new Array(document.getElementById("_ctrl0_ctl36_validationsummary"));
var Page_Validators =  new Array(document.getElementById("_ctrl0_ctl36_regexEmailValidator1"), document.getElementById("_ctrl0_ctl36_reqvalEmailValidator1"), document.getElementById("_ctrl0_ctl36_cusvalMailingListsValidator"), document.getElementById("_ctrl0_ctl36_cusvalRecaptcha"), document.getElementById("_ctrl0_ctl36_ctl19"));
//]]>



//<![CDATA[
var _ctrl0_ctl36_validationsummary = document.all ? document.all["_ctrl0_ctl36_validationsummary"] : document.getElementById("_ctrl0_ctl36_validationsummary");
_ctrl0_ctl36_validationsummary.headertext = "<p class=\'module_message module_message--error\'>The following errors must be corrected:</p>";
_ctrl0_ctl36_validationsummary.displaymode = "List";
_ctrl0_ctl36_validationsummary.validationGroup = "5ea22b0a-51e2-4bca-b595-fba75a064b16";
var _ctrl0_ctl36_regexEmailValidator1 = document.all ? document.all["_ctrl0_ctl36_regexEmailValidator1"] : document.getElementById("_ctrl0_ctl36_regexEmailValidator1");
_ctrl0_ctl36_regexEmailValidator1.controltovalidate = "_ctrl0_ctl36_txtEmail";
_ctrl0_ctl36_regexEmailValidator1.errormessage = "Email address is not valid.";
_ctrl0_ctl36_regexEmailValidator1.display = "None";
_ctrl0_ctl36_regexEmailValidator1.enabled = "False";
_ctrl0_ctl36_regexEmailValidator1.evaluationfunction = "RegularExpressionValidatorEvaluateIsValid";
_ctrl0_ctl36_regexEmailValidator1.validationexpression = "^([a-zA-Z0-9_\\-\\.]+)@((\\[[0-9]{1,3}\\.[0-9]{1,3}\\.[0-9]{1,3}\\.)|(([a-zA-Z0-9\\-]+\\.)+))([a-zA-Z]{2,4}|[0-9]{1,3})(\\]?)$";
var _ctrl0_ctl36_reqvalEmailValidator1 = document.all ? document.all["_ctrl0_ctl36_reqvalEmailValidator1"] : document.getElementById("_ctrl0_ctl36_reqvalEmailValidator1");
_ctrl0_ctl36_reqvalEmailValidator1.controltovalidate = "_ctrl0_ctl36_txtEmail";
_ctrl0_ctl36_reqvalEmailValidator1.errormessage = "Email address is required.";
_ctrl0_ctl36_reqvalEmailValidator1.display = "None";
_ctrl0_ctl36_reqvalEmailValidator1.validationGroup = "5ea22b0a-51e2-4bca-b595-fba75a064b16";
_ctrl0_ctl36_reqvalEmailValidator1.evaluationfunction = "RequiredFieldValidatorEvaluateIsValid";
_ctrl0_ctl36_reqvalEmailValidator1.initialvalue = "";
var _ctrl0_ctl36_cusvalMailingListsValidator = document.all ? document.all["_ctrl0_ctl36_cusvalMailingListsValidator"] : document.getElementById("_ctrl0_ctl36_cusvalMailingListsValidator");
_ctrl0_ctl36_cusvalMailingListsValidator.errormessage = "Mailing list selection is required.";
_ctrl0_ctl36_cusvalMailingListsValidator.display = "None";
_ctrl0_ctl36_cusvalMailingListsValidator.validationGroup = "5ea22b0a-51e2-4bca-b595-fba75a064b16";
_ctrl0_ctl36_cusvalMailingListsValidator.evaluationfunction = "CustomValidatorEvaluateIsValid";
var _ctrl0_ctl36_cusvalRecaptcha = document.all ? document.all["_ctrl0_ctl36_cusvalRecaptcha"] : document.getElementById("_ctrl0_ctl36_cusvalRecaptcha");
_ctrl0_ctl36_cusvalRecaptcha.errormessage = "The captcha test has failed. Please try again.";
_ctrl0_ctl36_cusvalRecaptcha.display = "None";
_ctrl0_ctl36_cusvalRecaptcha.validationGroup = "5ea22b0a-51e2-4bca-b595-fba75a064b16";
_ctrl0_ctl36_cusvalRecaptcha.evaluationfunction = "CustomValidatorEvaluateIsValid";
var _ctrl0_ctl36_ctl19 = document.all ? document.all["_ctrl0_ctl36_ctl19"] : document.getElementById("_ctrl0_ctl36_ctl19");
_ctrl0_ctl36_ctl19.controltovalidate = "_ctrl0_ctl36_txtEmail";
_ctrl0_ctl36_ctl19.errormessage = "Email Address is invalid.";
_ctrl0_ctl36_ctl19.display = "None";
_ctrl0_ctl36_ctl19.validationGroup = "5ea22b0a-51e2-4bca-b595-fba75a064b16";
//]]>



//<![CDATA[

var Page_ValidationActive = false;
if (typeof(ValidatorOnLoad) == "function") {
    ValidatorOnLoad();
}

function ValidatorOnSubmit() {
    if (Page_ValidationActive) {
        return ValidatorCommonOnSubmit();
    }
    else {
        return true;
    }
}
        
theForm.oldSubmit = theForm.submit;
theForm.submit = WebForm_SaveScrollPositionSubmit;

theForm.oldOnSubmit = theForm.onsubmit;
theForm.onsubmit = WebForm_SaveScrollPositionOnSubmit;
//]]>



        Q4Login.IframeRedirectURI = "https://login.q4inc.com/authorize?client_id=gKrDY1E9BUSWfU7DGuW2CO4rjdskiNg7&scope=openid+profile+email&response_type=code&response_mode=query&nonce=vent94bhxh7anMs7ErssHlMlmWA&state=eyJhbGciOiJodHRwOi8vd3d3LnczLm9yZy8yMDAxLzA0L3htbGRzaWctbW9yZSNobWFjLXNoYTI1NiIsInR5cCI6IkpXVCJ9.eyJyZXR1cm5VcmwiOiJodHRwczovL2lyLmNvcnBvcmF0ZS5kaXNjb3ZlcnkuY29tL3E0bG9naW5jYWxsYmFjay5hc3B4IiwiZXhwIjoxNzY4ODM4NzQxLjAsImlhdCI6MTc2MzU3OTE0MS4wLCJpc3MiOiJRNC5XZWIuUHVibGljLlNpdGUiLCJhdWQiOiJ1cHN0cmVhbS5jZG4ud2ViLnByZC5xNGluYy5jb20ifQ.7D-ojfF7wqagSZ0HA4Ehs8YvZ5gR48ntnY4QWH2lIDY&redirect_uri=https%3a%2f%2fauth.platform.q4inc.com%2fauth%2fpublicAuthRedirect&prompt=none";
        Q4IdpLogin.IframeRedirectURI = "https://identity.q4inc.com/oauth/auth?response_type=code&client_id=q4-studio-public-client&redirect_uri=https%3A%2F%2Fauth.platform.q4inc.com%2Fauth%2Fv2%2FpublicAuthRedirect&scope=openid%20profile%20email&state=eyJhbGciOiJodHRwOi8vd3d3LnczLm9yZy8yMDAxLzA0L3htbGRzaWctbW9yZSNobWFjLXNoYTI1NiIsInR5cCI6IkpXVCJ9.eyJyZXR1cm5VcmwiOiJodHRwczovL2lyLmNvcnBvcmF0ZS5kaXNjb3ZlcnkuY29tL1E0SWRwTG9naW5DYWxsYmFjay5hc3B4IiwiZXhwIjoxNzcxMzU1MTQxLjAsImlhdCI6MTc2MzU3OTE0MS4wLCJpc3MiOiJRNC5XZWIuUHVibGljLlNpdGUiLCJhdWQiOiJ1cHN0cmVhbS5jZG4ud2ViLnByZC5xNGluYy5jb20ifQ.xAnOp9gV3iBGSQW053xVRd0mRJSpF8zezhUGZSbcJVw&prompt=none";
        (function () {
            if (window.location.hash.includes("login=true")) {
                // q4pid is set in the modal so it should already be there
                const pendoId = window.localStorage.getItem("q4pid");

                // email is also from modal
                const email = window.localStorage.getItem("q4l_email");

                let redirectUrl = $('#hdnRedirectToLoginUrl').val();
                redirectUrl = redirectUrl.replace("_q4pidval_", pendoId);
                redirectUrl = redirectUrl.replace("_q4lemail_", email);

                window.location.replace(redirectUrl);
            }
        })();
    

Google authentication and security services

Google

✅ Low Risk - https://ir.corporate.discovery.com/investor-relations/default.aspx

Requests	IP Address	Location	AS Autonomous System
25	162.159.129.11	United States	AS13335CLOUDFLARENET
18	185.172.148.128	Germany	AS44239proinity GmbH
13	142.250.184.228	United States	AS15169GOOGLE
9	142.250.186.131	United States	AS15169GOOGLE
5	142.250.184.227	United States	AS15169GOOGLE
2	142.250.186.110	United States	AS15169GOOGLE
2	54.192.35.4	United States	AS16509AMAZON-02
2	216.239.34.36	United States	AS15169GOOGLE
2	142.250.185.202	United States	AS15169GOOGLE
2	13.32.121.78	New York, New York, United States	AS16509AMAZON-02
87	57	-	-

Security Scan Report: ir.corporate.discovery.com

Summary

AI Security Verdict

Safe Website

Safety Factors

Details

Bot Protection Detected

Screenshot

Page Load Overview

Language Analysis

Primary Language

Detection Details

Website Classification

Primary Category

All Detected Categories

Detected Features

Domain & IP Information

Content Similarity HashesFor malware variant detection

TLSH (Trend Micro Locality Sensitive Hash)

ssdeep (Context Triggered Piecewise Hashing)

sdhash (Similarity Digest Hashing)

Image Hashes

Perceptual Hashes

Other Hashes

Scan History