Warner Bros. Discovery (XSWX:WBD) Pre-Tax Income: CHF-2,977 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:WBD Warner Bros. Discovery Inc XSWX:WBD
54 GF Score
Price CHF22.96
GF Value CHF7.53
! 8 Warning Signs
View Full Analysis

What is Warner Bros. Discovery Pre-Tax Income?

Warner Bros. Discovery XSWX:WBD -0.88% 54 Pre-Tax Income is CHF-2,977 Mil as of Jun. 2026. GuruFocus rates XSWX:WBD with a GF Score™ of 54/100 and a GF Value™ of CHF7.53. The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Warner Bros. Discovery's pretax income for the three months ended in Jun. 2026 was CHF-217 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-2,977 Mil. Warner Bros. Discovery's pretax margin was -3.11%.

During the past 13 years, Warner Bros. Discovery's highest Pretax Margin was 25.72%. The lowest was -28.96%. And the median was 7.04%.


Warner Bros. Discovery  (XSWX:WBD) Pre-Tax Income Explanation

Warner Bros. Discovery's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-216.61/6967.498
=-3.11%

During the past 13 years, Warner Bros. Discovery's highest Pretax Margin was 25.72%. The lowest was -28.96%. And the median was 7.04%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Warner Bros. Discovery Pre-Tax Income Related Terms


Warner Bros. Discovery Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Warner Bros. Discovery's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Warner Bros. Discovery Pre-Tax Income Chart

Warner Bros. Discovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,319.79 -8,347.14 -3,340.72 -10,153.54 1,306.12

Warner Bros. Discovery Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,995.59 21.50 -325.14 -2,456.38 -216.61

XSWX:WBD vs LYV, FOXA, FWONA: Pre-Tax Income Comparison

For the Entertainment subindustry, Warner Bros. Discovery's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warner Bros. Discovery Pre-Tax Income vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Warner Bros. Discovery's Pre-Tax Income falls into.


XSWX:WBD
54GF Score
Warner Bros. Discovery Inc XSWX:WBD
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warner Bros. Discovery Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Warner Bros. Discovery's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1043.142+1760.352+-1661.537+164.161+0.00099999999974898
=1,306

Warner Bros. Discovery's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=298.139+-133.483+-408.442+27.176+0
=-217

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-2,977 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF-2,977 Mil mean?
Warner Bros. Discovery (XSWX:WBD) has a Pre-Tax Income of CHF-2,977 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Warner Bros. Discovery and its competitors.
Is Warner Bros. Discovery's Pre-Tax Income too high?
Warner Bros. Discovery's current Pre-Tax Income is CHF-2,977 Mil. Overall, Warner Bros. Discovery has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Pre-Tax Income compare to LYV and FOXA?
Warner Bros. Discovery's Pre-Tax Income of CHF-2,977 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Media - Diversified company?
A good Pre-Tax Income depends on the Media - Diversified industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Warner Bros. Discovery and its competitors. Warner Bros. Discovery's current Pre-Tax Income is CHF-2,977 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Bros. Discovery stock overvalued right now?
Warner Bros. Discovery (XSWX:WBD) has a current Pre-Tax Income of CHF-2,977 Mil. The stock's GF Value™ is CHF7.53, compared to a current price of CHF22.96 — trading 204.9% above its estimated fair value. The current Pre-Tax Income is CHF-2,977 Mil. Warner Bros. Discovery's overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Warner Bros. Discovery (XSWX:WBD), the current Pre-Tax Income is CHF-2,977 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Warner Bros. Discovery (XSWX:WBD) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued. The current stock price of CHF22.96 is trading 204.9% above its estimated GF Value™ of CHF7.53.

Key valuation signals for XSWX:WBD:

  • Pre-Tax Income: CHF-2,977 Mil
  • GF Value™: CHF7.53 vs. price of CHF22.96 (204.9% above fair value)
  • GF Score™: 54/100 with 8 warning signs

No single metric tells the full story. See the XSWX:WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warner Bros. Discovery Business Description

Address 230 Park Avenue South, New York, NY, USA, 10003
Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
54GF Score

Get the complete analysis for XSWX:WBD

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF22.96
Price
CHF7.53
GF Value