Warner Bros. Discovery, Inc.

Cable & Other Pay Television Services·NEW YORK, NY·FY end 12/31·CIK 1437107

CEO Pay Ratio

1,378:1

CEO Total Comp

$165.0M

Median Employee

$119,748

Revenue

$37.3B

FY 2025

Net Income

$727.0M

FY 2025

Free Cash Flow

$3.1B

FY 2025

Net Margin

1.9%

Insider Net (180d)

-$252.0M

0 buys / 24 sales

CEO Pay Accountability

CEO comp as % of net income

22.70%

For every $1,000 of profit, $226.97 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$37.3B	$39.3B	$41.3B	$33.8B	$12.2B
Gross Profit	—	—	—	—	—	—
Operating Income	$738.0M	-$10.0B	-$1.5B	-$7.4B	$2.0B
Net Income	$727.0M	-$11.3B	-$3.1B	-$7.4B	$1.0B
Operating CF	$4.3B	$5.4B	$7.5B	$4.3B	$2.8B
Capex	$1.2B	$948.0M	$1.3B	$987.0M	$373.0M
Free Cash Flow	$3.1B	$4.4B	$6.2B	$3.3B	$2.4B
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	2.0%	-25.5%	-3.7%	-21.8%	16.5%
Net Margin	1.9%	-28.8%	-7.6%	-21.8%	8.3%
FCF Margin	8.3%	11.3%	14.9%	9.8%	19.9%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	54.3%	-0.8%	20.3%	18.6%	16.5%
Debt / Equity	0.91	1.16	0.97	1.04	1.27
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
<UNKNOWN> · CEO	—	—	—	—	—	—
Bruce L. CampbellChief Revenue and Strategy Officer	$2.8M	$2.2M	$7.8M	$9.5M	$22.3M	—
David M. ZaslavPresident and Chief Executive Officer	$3.0M	$109.6M	$25.7M	$26.7M	$165.0M	—
Gunnar WiedenfelsChief Financial Officer	$2.1M	$2.1M	$5.2M	$8.2M	$17.7M	—
Jean-Briac PerretteCEO and President, Global Streaming and Games	$2.7M	$2.5M	$7.0M	$10.3M	$22.5M	—
Priya R. Aiyar*Chief Legal Officer	$1.3M	$1.3M	$2.7M	$18.0M	$23.3M	—