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Stock research / United States / WBD · Cable & Other Pay Television Services · Nasdaq

Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery was bought by Skydance Corp on 6 October 2026 for $31.00 a share in cash, and its shares last traded on 5 October 2026. These figures are as published on 23 October 2026.

WBD creates and distributes content across television, film, streaming, interactive gaming, publishing, themed experiences and consumer products. Its brands include Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Adult Swim, Turner Classic Movies and the Motion Picture Group, Television Group and Games businesses that carry the Warner Bros name. Money comes from fees paid by distributors that carry its networks, from direct-to-consumer subscriptions, from advertising, from releasing films in cinemas and licensing films and programmes to television and digital markets, from home entertainment, console games and in-game content, from sublicensing sports rights and licensing characters and brands, and from studio tours and production services. There are three reportable segments.

Warner Bros. Discovery, Inc.

WBD creates and distributes content across television, film, streaming, interactive gaming, publishing, themed experiences and consumer products. Its brands include Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Adult Swim, Turner Classic Movies and the Motion Picture Group, Television Group and Games businesses that carry the Warner Bros name. Money comes from fees paid by distributors that carry its networks, from direct-to-consumer subscriptions, from advertising, from releasing films in cinemas and licensing films and programmes to television and digital markets, from home entertainment, console games and in-game content, from sublicensing sports rights and licensing characters and brands, and from studio tours and production services. There are three reportable segments.

Streaming

HBO Max and discovery+, the premium pay-TV service HBO, and certain premium sports streaming products, available on most mobile and connected television devices. There were 131.6 million streaming subscribers at 31 December 2025, after 14.7 million were added during the year, and HBO Max reached over 100 markets including Latin America, the Caribbean, Europe, Australia and Asia. It launched in Germany and Italy in January 2026. HBO Max carries HBO originals, the company's films, its own originals, the DC universe, the Wizarding World of Harry Potter, CNN, and food, home, reality, lifestyle and documentary programming from HGTV, Food Network and Discovery Channel.

Studios

Production and cinema release of feature films, production and first licensing of television programmes to third parties and to the company's own networks and streaming services, onward distribution to other television and streaming services, home entertainment in physical and digital form, related consumer products and themed experience licensing, and interactive gaming.

Global Linear Networks

General entertainment, lifestyle and news networks in the United States, international media networks and global sports networks. The United States list includes TNT, TBS, Turner Classic Movies, OWN, HGTV, Food Network, TLC, Discovery Channel and Adult Swim. In 2025 the portfolio commanded a monthly average of over 140 million total viewers, and TNT, TBS, TLC, Food Network and CNN were five of the top ten ad-supported cable networks among adults aged 25 to 54. CNN launched CNN All Access in October 2025, combining on-air content, news coverage and exclusive programming on its own apps and websites. TNT Sports holds multi-platform partnerships covering the College Football Playoff, the NCAA Division I Men's Basketball Championship, Big 12 and BIG EAST basketball, Major League Baseball, the National Hockey League, NASCAR and Roland-Garros.

The separation and the sale

In June 2025 the company announced a plan to separate itself into two publicly traded companies, one carrying the Warner Bros name and one called Discovery Global, and in October 2025 said the board would weigh a wider set of options, including a transaction for the whole company or separate transactions for either part. In January 2026 it agreed an amended merger with Netflix, under which Netflix would have acquired the Streaming and Studios segments and certain other assets after Discovery Global was separated and distributed to shareholders. On 27 February 2026, after the board found it had received what the Netflix agreement describes as a Company Superior Proposal from PSKY and Netflix waived its right to revise, the company terminated that agreement, and PSKY paid Netflix a termination fee of $2.8 billion in cash on the company's behalf.

The PSKY merger terms

On the same day the company signed a merger agreement with PSKY under which a PSKY subsidiary merges into WBD, leaving WBD a wholly owned subsidiary of PSKY. Each outstanding share converts into $31.00 in cash, plus a ticking payment if closing falls after 30 September 2026, calculated at $0.00277778 for each calendar day elapsed and capped at $0.25 per 90 calendar day period. Larry J. Ellison and an associated trust have guaranteed certain payments by PSKY, including $45.72 billion of the consideration. The reportable segments were unchanged by any of this through 31 December 2025.

Conditions and people

The filing describes continued pressure on linear distribution, falling linear subscribers and softness in the United States linear advertising market, along with more digital advertising inventory competing for the same budgets, and notes that tariffs could raise production costs or cut advertiser spending. The company had approximately 35,500 employees at 31 December 2025, including full-time and part-time staff of wholly owned subsidiaries and consolidated ventures, 48% in the United States and 52% outside it.

From Warner Bros Discovery's annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name

Warner Bros. Discovery, Inc. (WBD) reported revenue of $8.7 billion for Q2 FY2026, the quarter ended 30 June 2026, down 11.2% on the same quarter a year earlier. Net income was $149 million, down 90.6% on the year, and diluted earnings per share $0.06. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$8.7 billiondown 11.2%
Net income$149 milliondown 90.6%
Diluted EPS$0.06
QuarterQ2 FY2026ended 30 June 2026

Warner Bros. Discovery (WBD) in brief

Warner Bros. Discovery (WBD) reported revenue of $37.3 billion for fiscal 2025, the year ended 31 December 2025, down 5.1% on the year before.
Read moreNet income was $727 million and diluted earnings per share $0.29. Revenue was $39.3 billion in fiscal 2024, $41.3 billion in fiscal 2023, $33.8 billion in fiscal 2022 and $12.2 billion in fiscal 2021. Net income in the same years was a loss of $11.3 billion, a loss of $3.1 billion, a loss of $7.4 billion and $1.0 billion. Over the twelve months to 30 June 2026, Warner Bros. Discovery reported revenue of $36.1 billion and net loss of $3.2 billion. Revenue grew 28.4% a year, compounded, over the five years to fiscal 2025. Warner Bros. Discovery had 2.51 billion shares outstanding at the latest filed count. At 30 June 2026 it carried $32.0 billion of debt and $3.4 billion of cash. At the close of 5 October 2026 the market cap of Warner Bros. Discovery was $77.7 billion.

Ratios

From the filings

ROE-9.6%
ROCE-2.0%
Operating margin-3.5%
Net margin-8.8%
FCF margin6.0%
Interest cover-0.57
Debt to equity0.98
Cash conversionn/a
Share count, last 12 months1.3%
Sales CAGR, 3 years3.3%
Profit CAGR, 3 yearsn/a
EPS, TTM-$1.27

At the close of 5 October 2026

Price$30.97
Market cap$77.7 billion
Stock P/En/a
Price to book2.37
EV / EBITDA27.96
Dividend yieldn/a
Market cap / sales2.15
52-week high$30.97
52-week low$17.10
Price, 1 year63.1%
Price CAGR, 3 years44.4%
Price CAGR, 5 years3.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Warner Bros. Discovery, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
WBDgreeksoup.ai
Daily prices to 5 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on WBD

Dividendsno dividend in its filings for fiscal 2007 onward
Filings38 in twelve months: 19 current reports (8-K), about 7 material agreement; 7 regulation FD disclosure; 6 officer or director change; 5 other events; 4 results of operations
Planned insider sales41 Form 144 notices in twelve months, $419.9 million; latest 14 September 2026
Options tapeno listed options
13F holders1,320 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest57.8 million shares short, 1.00 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,1503,1873,1599,8279,82311,00810,70010,3589,97910,2849,9589,7139,62310,0278,9799,8129,0459,4608,8938,717
Cost of revenue1,5291,0671,2366,6255,6276,9546,6856,6365,3095,8966,0586,2045,1815,5275,1315,9674,5645,2234,6434,621
Gross profit1,6212,1201,9233,2024,1964,0544,0153,7224,6704,3883,9003,5094,4424,5003,8483,8454,4814,2374,2504,096
Gross margin51%67%61%33%43%37%38%36%47%43%39%36%46%45%43%39%50%45%48%47%
SG&A9441,0691,0403,5382,5892,5112,3882,5622,2912,4552,2322,4612,3852,2182,1942,4772,3612,3862,4752,564
Operating income329508353-3,639-2,190-1,894-557-90697.0-182-267-10,208281162-37.0-185611349-2,469237
Operating margin10%16%11%-37%-22%-17%-5%-9%1%-2%-3%-105%3%2%-0%-2%7%4%-28%3%
Interest expense159154153511555558571574574502515518494490468463570584581511
Pre-tax income233183676-4,244-2,851-2,541-1,238-1,480-532-613-819-10,035-178-356-4342,45427.0-408-3,120-271
Tax rate15%50%30%n/an/an/an/an/an/an/an/an/an/an/an/a35%630%n/an/an/a
Net income15638.0456-3,418-2,308-2,101-1,069-1,240-417-400-966-9,986135-494-4531,580-148-252-2,916149
Net margin5%1%14%-35%-23%-19%-10%-12%-4%-4%-10%-103%1%-5%-5%16%-2%-3%-33%2%
Diluted EPS$0.24$0.08$0.69-$1.50-$0.95n/a-$0.44-$0.51-$0.17-$0.16-$0.40-$4.07$0.05-$0.20-$0.18$0.63-$0.06-$0.10-$1.17$0.06
Operating cash flow8118843231,0111242,846-6312,0142,5163,5785851,2288472,7155539839791,804-208848
Capital expenditure10610085.0222316364299292457268195252215286251281278421268276
Free cash flow705784238789-1922,482-9301,7222,0593,3103909766322,4293027027011,383-476572
Shares outstandingn/a169m2,427m2,428m2,428m2,430m2,436m2,437m2,438m2,439m2,449m2,451m2,452m2,454m2,473m2,475m2,477m2,480m2,507m2,508m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 19 fiscal years and the trailing twelve months

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue76.03,3823,4583,7064,1684,4875,5356,2656,3946,4976,87310,55311,14410,67112,19133,81741,32139,32137,29636,115
Cost of revenue60.01,0021,0441,0131,1761,2181,6892,1242,3432,4322,6563,9353,8193,8604,62020,44224,52622,97020,88519,051
Gross profit16.02,3802,4142,6932,9923,2693,8464,1414,0514,0654,2176,6187,3256,8117,57113,37516,79516,35116,41117,064
Gross margin21.1%70.4%69.8%72.7%71.8%72.9%69.5%66.1%63.4%62.6%61.4%62.7%65.7%63.8%62.1%39.6%40.6%41.6%44.0%47.2%
Selling, general and administrative22.01,0751,1881,1741,1711,2871,5981,6921,6691,6901,7682,6202,7882,7224,0169,6789,6969,2969,4189,786
Operating income-8.01,0641,2741,3771,8031,8591,9752,0611,9852,0587131,9343,0092,5152,012-7,370-1,548-10,032738-1,272
Operating margin-10.5%31.5%36.8%37.2%43.3%41.4%35.7%32.9%31.0%31.7%10.4%18.3%27.0%23.6%16.5%-21.8%-3.7%-25.5%2.0%-3.5%
Interest expense0.02562482032082483063283303534757296776486331,7772,2212,0172,0852,246
Pre-tax incomen/an/a1,0399521,5631,5181,7361,7471,5591,671-1371,0222,2941,7281,433-8,960-3,863-11,3881,639-3,772
Income tax56.035346929342756265961051145317634181.0373236-1,663-78494.0890-638
Effective tax raten/an/a45.1%30.8%27.3%37.0%38.0%34.9%32.8%27.1%n/a33.4%3.5%21.6%16.5%n/an/an/a54.3%n/a
Net income-68.03175496531,1329431,0751,1391,0341,194-3375942,0691,2191,006-7,371-3,126-11,311727-3,167
Net margin-89.5%9.4%15.9%17.6%27.2%21.0%19.4%18.2%16.2%18.4%-4.9%5.6%18.6%11.4%8.3%-21.8%-7.6%-28.8%1.9%-8.8%
Diluted EPS-$0.12$0.49$0.64$0.76$1.40$1.24$1.49n/an/an/an/an/an/a$1.81$1.54-$3.82-$1.28-$4.62$0.29-$1.27
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region

FY2023FY2024FY2025Share
of the parts, latest year
United States28,00426,43424,94666.9%
Non-U.S.13,31712,88712,35033.1%
United StatesNon-U.S.
41.3FY202339.3FY202437.3FY2025

$ billion; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow58.05736426681,1001,0991,2851,3181,2941,3801,6292,5763,3992,7392,7984,3047,4775,3754,3193,423
Capital expenditure47.010255.049.058.077.011512010388.01351472894023739871,3169481,2311,243
Free cash flow11.04715876191,0421,0221,1701,1981,1911,2921,4942,4293,1102,3372,4253,3176,1614,4273,0882,180
Free cash flow margin14.5%13.9%17.0%16.7%25.0%22.8%21.1%19.1%18.6%19.9%21.7%23.0%27.9%21.9%19.9%9.8%14.9%11.3%8.3%6.0%
Cash from investing-15.088.0238-190-214-643n/an/an/a-256-633-8,593-438-703-56.03,524-1,259-349-1,179-1,247
Cash from financing12.0-774-356-641-297-305n/an/an/a-1,1845,951-283-2,357-1,549-853-7,742-5,837-3,749-4,240-3,627
Depreciation and amortisation68.02321551321191172763293303223301,3981,3471,3591,5827,1937,9857,0375,6845,075
Share-based compensation1.0-66.022818299.015419078.035.069.039.080.0142110178412500557769813
Buybacksn/an/an/a6059971,3801,0491,2326981,3746030.0n/an/an/an/an/an/an/an/a
Diluted shares, weighted562m644m850m858m810m760m722mn/an/an/an/an/an/a672m664m1,940m2,436m2,450m2,530m2,575m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/an/an/a169m2,430m2,439m2,454m2,480m2,508m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2007FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity4,5045,5366,2086,2256,5176,2916,1965,6025,4515,1674,6108,3869,89110,46411,59947,09545,22634,03735,91932,838
Non-controlling interestn/a25.023.08.02.02.01.02.00.0n/a0.01,7161,6331,5361,4341,2541,0817921,2281,157
Redeemable equityn/an/an/an/an/a0.036.0747241243413415442383363n/an/an/an/an/a
Debtn/a3,3313,4953,6184,2455,2436,4997,1097,7357,92314,78516,79315,41915,40414,75948,99943,66939,50532,56732,023
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/a6215925672,9903,0192,7313,226n/a
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/a203184197186191356534n/a
Other liabilitiesn/a1,5921,2391,1681,1491,3942,2472,5102,4372,3392,7475,2405,5265,5245,50833,47729,57127,13926,61131,230
Total liabilities and equityn/a10,48410,96511,01911,91312,93014,97915,97015,86415,67222,55532,55033,73534,08734,427134,001122,757104,560100,08597,248
Owned
Fixed assetsn/a3954093993793885145544884825978009511,2061,3365,3015,9576,0876,685n/a
Goodwilln/a6,8916,4336,4346,2916,3997,3418,2368,1648,0407,07313,00613,05013,07012,91234,43834,96925,66725,93325,861
Intangible assetsn/a7166436055716111,5651,9711,7301,5121,7709,6748,6677,6406,31744,98238,28532,29927,76425,922
Trading assetsn/an/an/an/a76.096.0129147149160182n/an/an/an/an/an/an/an/an/a
Cash and equivalents20994.06234661,0481,2014083673903007,3099861,5522,0913,9053,7313,7805,3124,5663,369
Receivablesn/a7808128801,0421,1301,3711,4331,4791,4951,8382,6202,6332,5372,4466,3806,0474,9475,2944,952
Inventoryn/an/an/an/an/an/an/an/an/an/an/an/an/an/a1.0n/an/an/an/an/a
Other assetsn/a1,6082,0452,2352,5063,1053,6513,2623,4643,6833,7865,4646,8827,5437,51039,16933,71930,24829,84337,144
Total assetsn/a10,48410,96511,01911,91312,93014,97915,97015,86415,67222,55532,55033,73534,08734,427134,001122,757104,560100,08597,248
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded19.3%28.4%3.3%-6.1%
Profit growth, compounded-3.5%-9.8%n/an/a
Return on equity, average1.0%-9.0%-12.7%2.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Warner Bros. Discovery's revenue in fiscal 2025?

Warner Bros. Discovery (WBD) reported revenue of $37.3 billion for fiscal 2025, the year ended 31 December 2025, down 5.1% on the year before.

How much did Warner Bros. Discovery earn in fiscal 2025?

Net income was $727 million for fiscal 2025, and diluted earnings per share $0.29.

What is Warner Bros. Discovery's market cap?

The market cap of Warner Bros. Discovery was $77.7 billion at the close of 5 October 2026.

How much debt does Warner Bros. Discovery have?

At 30 June 2026 Warner Bros. Discovery carried $32.0 billion of debt and $3.4 billion of cash.

Peers: Communication

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Verizon Communications Inc. VZ$187.8 billion11.7715.4%20.5%1.4%1.576.2%
T-Mobile US, Inc. TMUS$170.7 billion16.6318.8%19.8%9.7%1.502.6%
AT&T Inc. T$153.4 billion12.3110.7%18.3%3.5%1.304.9%
Spotify Technology S.A. SPOT *$120.1 billion49.4426.6%12.8%9.7%0.18n/a
Comcast Corp. CMCSA$81.4 billion7.2312.2%14.7%-0.3%0.945.8%
Warner Bros. Discovery, Inc. WBD$77.7 billionn/a-9.6%-3.5%-6.1%0.98n/a
Chunghwa Telecom Co. Ltd. CHT *$37.8 billion31.6810.1%20.6%2.7%0.073.3%
Vodafone Group Public Limited Company VOD *$37.2 billionn/a-0.8%7.0%8.0%1.043.4%
EchoStar Corp. ECHO$30.2 billionn/a-40.1%-112.7%-5.2%1.23n/a
Roku, Inc. ROKU$23.7 billion68.4012.6%5.2%18.5%0.00n/a
Charter Communications, Inc. CHTR$13.5 billion2.9029.0%23.3%-1.5%5.54n/a
Adeia Inc. ADEA$2.3 billion19.6925.7%41.6%24.3%0.810.9%
All 27 in Communication
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Verizon Communications Inc. VZ$187.8 billion11.7715.4%20.5%1.4%1.576.2%
T-Mobile US, Inc. TMUS$170.7 billion16.6318.8%19.8%9.7%1.502.6%
AT&T Inc. T$153.4 billion12.3110.7%18.3%3.5%1.304.9%
Spotify Technology S.A. SPOT *$120.1 billion49.4426.6%12.8%9.7%0.18n/a
Comcast Corp. CMCSA$81.4 billion7.2312.2%14.7%-0.3%0.945.8%
Warner Bros. Discovery, Inc. WBD$77.7 billionn/a-9.6%-3.5%-6.1%0.98n/a
Chunghwa Telecom Co. Ltd. CHT *$37.8 billion31.6810.1%20.6%2.7%0.073.3%
Vodafone Group Public Limited Company VOD *$37.2 billionn/a-0.8%7.0%8.0%1.043.4%
EchoStar Corp. ECHO$30.2 billionn/a-40.1%-112.7%-5.2%1.23n/a
Fox Corp. FOXA$30.0 billion17.7714.5%n/a5.1%0.57n/a
Fox Corp. FOX$26.7 billion15.8214.5%n/a5.1%0.57n/a
Roku, Inc. ROKU$23.7 billion68.4012.6%5.2%18.5%0.00n/a
Charter Communications, Inc. CHTR$13.5 billion2.9029.0%23.3%-1.5%5.54n/a
Tencent Music Entertainment Group TME *$13.5 billionn/a13.8%40.6%15.8%0.042.0%
Skydance Corp. PSKY$10.5 billionn/a-5.3%3.7%1.2%1.292.0%
Viasat Inc. VSAT$8.1 billionn/a-0.6%2.4%1.3%1.25n/a
Nexstar Media Group, Inc. NXST$5.2 billion32.378.3%17.8%10.5%5.184.4%
Iridium Communications Inc. IRDM$4.7 billion29.0128.3%19.0%3.6%3.711.4%
Lumen Technologies, Inc. LUMN$4.6 billionn/an/a1.7%-7.7%n/a0.0%
Versant Media Group, Inc. VSNT$4.6 billionn/an/an/an/a0.36n/a
Telephone & Data Systems Inc. TDS$4.0 billionn/an/an/an/a0.130.5%
Adeia Inc. ADEA$2.3 billion19.6925.7%41.6%24.3%0.810.9%
Calix, Inc. CALX$2.3 billion49.897.2%5.5%27.8%0.000.0%
Ziff Davis, Inc. ZD$2.0 billion3.2828.8%5.5%-8.5%0.390.0%
Uniti Group Inc. UNIT$1.2 billion1.91666.9%3.2%n/a65.860.0%
Shenandoah Telecommunications Co. SHEN$570 millionn/a-4.6%-5.3%5.0%0.851.1%
Cogent Communications Holdings, Inc. CCOI$374 millionn/an/a8.0%-4.5%n/a14.7%
4 companies share its SEC industry code (Cable & Other Pay Television Services); the rest are the names nearest in size in its wider industry, Communication, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR