Warner Bros. Discovery Posts $2.9B Q1 Net Loss, Schedules 4:30 p.m. ET Call
Warner Bros. Discovery reported a $2.9 billion net loss in Q1 2026, primarily due to merger-related charges from the Paramount deal and restructuring expenses. The company will host a conference call at 4:30 p.m. ET today to discuss detailed financial results.
1. Q1 2026 Financial Results
Warner Bros. Discovery reported a net loss of $2.9 billion for the quarter ended March 31, 2026. The result reflects significant one-time charges and marks a sharp swing from prior profitability.
2. Paramount Transaction and Restructuring Charges
The company booked substantial non-cash merger-related charges tied to the Paramount integration, including impairment and severance costs. These restructuring expenses formed the bulk of the reported net loss for the quarter.
3. Conference Call Details
Management will review the quarter’s performance and strategic priorities during a live webcast and conference call at 4:30 p.m. ET on May 6, 2026. The audio replay will be accessible on the company’s website for 12 months.