Warner Bros Discovery Inc (WBD)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-3,126,000	-4,827,000	-6,718,000	-8,896,000	-7,371,000	-5,232,000	-2,768,000	1,322,000	1,006,000	1,239,000	1,383,000	982,000	1,219,000	1,424,000	1,386,000	2,062,000	2,069,000	1,862,000	1,717,000	986,000
Revenue (ttm)	US$ in thousands	38,893,000	43,065,000	42,909,000	42,378,000	34,837,000	26,592,000	19,919,000	13,154,000	12,787,000	12,193,000	11,604,000	11,083,000	10,974,000	10,659,000	10,776,000	11,120,000	11,144,000	11,079,000	10,993,000	10,953,000
Net profit margin		-8.04%	-11.21%	-15.66%	-20.99%	-21.16%	-19.68%	-13.90%	10.05%	7.87%	10.16%	11.92%	8.86%	11.11%	13.36%	12.86%	18.54%	18.57%	16.81%	15.62%	9.00%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-3,126,000K ÷ $38,893,000K
= -8.04%

Warner Bros. Discovery Inc's net profit margin has shown a fluctuating trend over the given periods. The company experienced a negative net profit margin in all quarters, indicating that its expenses exceeded its revenues during these periods.

The net profit margin improved from Q1 2022 to Q4 2022, where it turned positive, reaching 8.61%. However, this improvement was not sustained, as the margin deteriorated in subsequent quarters, reaching as low as -21.51% in Q1 2023.

Overall, the negative net profit margins suggest that Warner Bros. Discovery Inc has been facing challenges in generating profits in relation to its revenue. Further analysis of the company's cost structure, revenue streams, and potential efficiency measures may be necessary to improve its profitability in the future.