Warner Bros Discovery Inc (WBD)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-11,294,000	-11,355,000	-11,769,000	-3,023,000	-3,117,000	-4,796,000	-6,687,000	-8,865,000	-7,330,000	-5,073,000	-2,609,000	1,481,000	1,197,000	1,290,000	1,434,000	1,033,000	1,219,000	1,424,000	1,386,000	2,062,000
Revenue (ttm)	US$ in thousands	39,321,000	39,577,000	39,933,000	40,580,000	41,326,000	42,045,000	41,889,000	41,358,000	33,817,000	25,996,000	19,323,000	12,558,000	12,191,000	11,890,000	11,301,000	10,780,000	10,671,000	10,659,000	10,776,000	11,120,000
Net profit margin		-28.72%	-28.69%	-29.47%	-7.45%	-7.54%	-11.41%	-15.96%	-21.43%	-21.68%	-19.51%	-13.50%	11.79%	9.82%	10.85%	12.69%	9.58%	11.42%	13.36%	12.86%	18.54%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-11,294,000K ÷ $39,321,000K
= -28.72%

Warner Bros Discovery Inc's net profit margin has shown a declining trend from March 31, 2020, to December 31, 2024. The net profit margin started at 18.54% in March 2020 and gradually decreased to -28.72% by December 2024. The net profit margin turned negative in June 2022 and continued to deteriorate over the following quarters until the end of 2024.

This declining trend in net profit margin indicates that Warner Bros Discovery Inc's profitability relative to its revenue has been weakening over the period. The negative net profit margins in the later quarters suggest that the company's expenses and costs have been outpacing its revenue generation, leading to net losses instead of profits. This decline in profitability may raise concerns about the company's financial health and its ability to sustain its operations and investments in the long run.