WBD
Warner Bros. Discovery, Inc.
Stock
$30.94−0.01 (−0.03%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.4B | $4.3B | $5.4B | $7.5B | $4.3B | $2.8B | $2.7B | $3.4B | $2.6B | $1.6B | $1.4B | $1.3B | $1.3B | $1.3B | $1.1B | $1.1B | $668M | $642M | $573M | $58M |
| Capital expenditures | $1.2B | $1.2B | $948M | $1.3B | $987M | $373M | $402M | $289M | $147M | $135M | $88M | $103M | $120M | $115M | $77M | $58M | $49M | $55M | $102M | $47M |
| Free cash flow | $2.2B | $3.1B | $4.4B | $6.2B | $3.3B | $2.4B | $2.3B | $3.1B | $2.4B | $1.5B | $1.3B | $1.2B | $1.2B | $1.2B | $1.0B | $1.0B | $619M | $587M | $471M | $11M |
| Stock-based compensation | $813M | $769M | $557M | $500M | $412M | $178M | $110M | $142M | $80M | $39M | $69M | $35M | $78M | $190M | $154M | $99M | $182M | $228M | −$66M | $1.0M |
| Buybacks | — | — | — | — | — | — | — | — | $0 | $603M | $1.4B | $698M | $1.2B | $1.0B | $1.4B | $997M | $605M | — | — | — |
| Free cash flow margin | 6.0% | 8.3% | 11.3% | 14.9% | 9.8% | 19.9% | 21.9% | 27.9% | 23.0% | 21.7% | 19.9% | 18.6% | 19.1% | 21.1% | 22.8% | 25.0% | 16.7% | 17.0% | 13.9% | 14.5% |