FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

WBD
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 30% to $3.1B.

CASH FROM OPS -19.6%
4,319 11.6% MGN
CAPITAL EXPENDITURE +29.9%
1,231
FREE CASH FLOW -30.2%
3,088
FCF / NET INCOME —
4.25× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
594 2,069 1,219 1,006 -7,371 -3,126 -11,311 727 — -3,167 2024-09-30 · $135.0M2024-12-31 · -$494.0M2025-03-31 · -$453.0M2025-06-30 · $1.6B2025-09-30 · -$148.0M2025-12-31 · -$252.0M2026-03-31 · -$2.9B2026-06-30 · $149.0M
Depreciation & amortization
1,398 1,347 1,359 1,582 7,193 7,985 7,037 5,684 -19.2% 5,075
Stock-based comp
80 142 110 178 412 500 557 769 +38.1% 813
Cash from operations
2,576 3,399 2,739 2,798 4,304 7,477 5,375 4,319 -19.6% 3,423 2024-09-30 · $847.0M2024-12-31 · $2.7B2025-03-31 · $553.0M2025-06-30 · $983.0M2025-09-30 · $979.0M2025-12-31 · $1.8B2026-03-31 · -$208.0M2026-06-30 · $848.0M
Cash conversion
NOT DISCLOSED
4.34× 1.64× 2.25× 2.78× — — — 5.94× — —
Capital expenditures
(147) (289) (402) (373) (987) (1,316) (948) (1,231) +29.9% (1,243)
Free cash flow
2,429 3,110 2,337 2,425 3,317 6,161 4,427 3,088 -30.2% 2,180 2024-09-30 · $632.0M2024-12-31 · $2.4B2025-03-31 · $302.0M2025-06-30 · $702.0M2025-09-30 · $701.0M2025-12-31 · $1.4B2026-03-31 · -$476.0M2026-06-30 · $572.0M
FCF margin
23.0% 27.9% 21.9% 19.9% 9.8% 14.9% 11.3% 8.3% -26.5% 6.0%
Cash from investing
-8,593 -438 -703 -56 3,524 -1,259 -349 -1,179 — -1,247
Share repurchases
NOT DISCLOSED
0 633 969 0 0 — — — — —
Debt repayment
16 2,658 2,193 574 1,315 2,860 5,043 22,664 4.5× 17,634
Cash from financing
-283 -2,357 -1,549 -853 -7,742 -5,837 -3,749 -4,240 — -3,627
Net change in cash
-6,323 566 570 1,783 25 389 1,097 -846 — -1,518
Ending cash balance
986 1,552 2,091 3,905 3,731 3,780 5,312 4,566 -14.0% 3,369

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM4,427 CASH FROM OPERATIONS-1,056 CAPITAL EXPENDITURES-283 TO3,088
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗