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NASDAQ: WBD Warner Bros. Discovery, Inc. 8-K

Warner Bros. Discovery reports Q1 2026 earnings, issues shareholder letter

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

3 key changes 1 high relevance 3 sections

Key Changes

  • high

    WBD released financial results for the quarter ended March 31, 2026, disclosing revenue, earnings, and operational metrics for the first three months of the year.

  • medium

    Management issued a shareholder letter alongside earnings, providing additional commentary on quarterly performance and strategic priorities beyond the standard press release.

    Exhibit 99.2 view on EDGAR →
  • low

    The shareholder letter was posted to the company's investor relations website at ir.wbd.com as part of routine Regulation FD disclosure practices.

Summary

Warner Bros. Discovery disclosed its first quarter 2026 financial results on May 6, 2026, covering the three-month period ended March 31, 2026. The earnings announcement follows the company's standard quarterly reporting cadence and includes both a formal press release and a shareholder letter providing management's perspective on performance and strategy.

Retail investors should review the attached exhibits for specific financial metrics including revenue, earnings per share, segment performance, and any updated guidance for the remainder of 2026. The shareholder letter may contain valuable context about streaming subscriber trends, content performance, and management's strategic priorities in the evolving media landscape.

Watch for analyst reactions and management commentary during the earnings call, particularly regarding streaming profitability, debt reduction progress, and content investment strategy. Any material changes to full-year guidance or capital allocation plans would be significant for holders.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~100 words

Item 2.02 — Results of Operations and Financial Condition filed; see Key Changes for terms.

1 Added
Added Q1 2026 earnings release high

Added in current filing · verify on EDGAR →

On May 6, 2026, Warner Bros. Discovery, Inc. ("we," “Warner Bros. Discovery” or the “Company”) released its earnings for the quarter ended March 31, 2026.

The company disclosed its financial results for the first quarter of 2026, covering the three-month period ending March 31, 2026. The detailed earnings information is provided in the attached press release exhibit.

Event · Item 7.01 — Regulation FD Disclosure

~200 words

Warner Bros. Discovery furnished a shareholder letter on its Investor Relations website in conjunction with earnings release.

1 Added
Show 1 minor / wording change
Added Shareholder letter disclosure low

Added in current filing · verify on EDGAR →

On May 6, 2026, in conjunction with its earnings press release, the Company issued a letter to shareholders which was posted on the Company's Investor Relations website at ir.wbd.com.

The company disclosed that it issued a shareholder letter alongside its earnings press release on May 6, 2026, posted to its investor relations website. This is a routine Regulation FD disclosure indicating the company is providing additional commentary to shareholders about its earnings results.

Event · Item 9.01 — Financial Statements and Exhibits

~100 words

Warner Bros. Discovery filed an 8-K attaching Q1 2026 earnings press release and shareholder letter dated May 6, 2026.

2 Added
Added Q1 2026 earnings disclosure high

Added in current filing · verify on EDGAR →

Earnings Press Release of Warner Bros. Discovery, Inc., dated May 6, 2026

Warner Bros. Discovery disclosed its first quarter 2026 financial results through an earnings press release dated May 6, 2026. The 8-K filing itself does not contain the financial details, which are provided in the attached Exhibit 99.1. Investors should review the press release for revenue, earnings, guidance, and operational metrics.

Added Shareholder letter medium

Added in current filing · verify on EDGAR →

Shareholder Letter, dated May 6, 2026

The company issued a shareholder letter dated May 6, 2026, attached as Exhibit 99.2. Shareholder letters typically provide management commentary on quarterly performance, strategic priorities, and forward-looking perspectives beyond the standard earnings release.

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