Warner Bros. Discovery Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.55B | $6.87B | $6.50B | $6.39B | $6.27B | $5.54B | $4.49B | $4.17B |
| U.S. Networks (Discovery) | $6.35B | $3.43B | $3.29B | — | — | — | — | — |
| International Networks (Discovery) | $4.15B | $3.28B | $3.04B | — | — | — | — | — |
| Other (Discovery) | $54.0M | $158.0M | $172.0M | — | — | — | — | — |
| Studios (WBD) | — | — | — | — | — | — | — | — |
| Networks / Global Linear Networks (WBD) | — | — | — | — | — | — | — | — |
| DTC / Streaming (WBD) | — | — | — | — | — | — | — | — |
| Corporate and Inter-segment Eliminations (WBD) | — | — | — | — | — | — | — | — |
| Cost of Revenue | $3.94B | $2.66B | $2.43B | $2.34B | $2.12B | $1.69B | $1.22B | $1.18B |
| Gross Profit | $6.62B | $4.22B | $4.07B | $4.05B | $4.14B | $3.85B | $3.27B | $2.99B |
| Gross Margin | 62.7% | 61.4% | 62.6% | 63.4% | 66.1% | 69.5% | 72.9% | 71.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.62B | $1.77B | $1.69B | $1.67B | $1.69B | $1.60B | $1.29B | $1.17B |
| Operating Income | $1.93B | $713.0M | $2.06B | $1.99B | $2.06B | $1.98B | $1.86B | $1.80B |
| Operating Margin | 18.3% | 10.4% | 31.7% | 31.0% | 32.9% | 35.7% | 41.4% | 43.3% |
| Interest Expense | $729.0M | $475.0M | $353.0M | $330.0M | $328.0M | $306.0M | $248.0M | $208.0M |
| Pretax Income | $1.02B | $-137.0M | $1.67B | $1.56B | $1.75B | $1.74B | $1.52B | $1.56B |
| Income Tax Expense | $341.0M | $176.0M | $453.0M | $511.0M | $610.0M | $659.0M | $562.0M | $427.0M |
| Net Income | $594.0M | $-337.0M | $1.19B | $1.03B | $1.14B | $1.08B | $943.0M | $1.13B |
| Net Margin | 5.6% | -4.9% | 18.4% | 16.2% | 18.2% | 19.4% | 21.0% | 27.2% |
| EPS (Basic) | — | — | — | — | — | $1.00 | $0.84 | $0.94 |
| EPS (Diluted) | — | — | — | — | — | $0.99 | $0.83 | $0.93 |
| Shares Outstanding (Basic) | — | — | — | — | — | 1.07B | 1.13B | 1.20B |
| Shares Outstanding (Diluted) | — | — | — | — | — | 1.08B | 1.14B | 1.22B |
| Dividends Per Share | — | — | — | — | — | — | — | — |