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WBD

Warner Bros. Discovery, Inc. Series A Common Stock · XNAS · 131 sessions on record
$30.95▲ +0.10 · +0.3%from $30.85 the session before · Sep 30, 2026 close · end of day
Open
$30.85
High
$30.97
Low
$30.79
Day's range
$0.180.58% of the previous close
VWAP
$30.90close +0.17% from it
Volume, shares
95.7M2.21× the 20-session average
Traded, $
$2.96B
Trades
79.6K1,200 shares per trade
Previous close
$30.85+0.10 to the close
Market cap
$77.71Bat the close of Sep 30
Day range89% of the way up
$30.79$30.97
52-week range100% of the way up
$25.25 Jul 27$30.97 Sep 30

−0.07% from the high · +23% from the low

The desk read · Sep 30expiry Oct 16 · 16 days
put-heavy
options read
calls 26% · puts 74% of OI
2.82
puts per call, by OI
Oct 16 expiry 3.39
$28.00
max pain
−9.5% from the close
$29.00
most call OI
92.8K contracts · −6.3% from the close
▲ +2.4%
option OI on the day
+67.1K contracts · 2.88M open

Put-heavy into a 16-day expiry: 2.82 puts per call by open interest, option OI +2.4% on the day, the most call OI sits at $29.00, the most put OI at $20.00, max pain $28.00.

Options

Sep 30 open interest · 21 expiries listed

WBD options carry 2.88M contracts of open interest across 21 expiries, 39% of it in the Oct 16 contract, with 2.82 puts per call.

Open interest by expirythe next 8 of 21 expiries · share of all open interest
Option open interest by expiry, the next 8 expiries
ExpiryCall OI · on the dayPut OI · on the dayPuts per callShare of OI %Strikes
Oct 22 days52.7K+1.27K104K+27.7K1.985.436
Oct 99 days4.94K+2473.77K+2.43K0.760.3034
Oct 1616 days254K−2.89K861K+35.2K3.393934
Oct 2323 days1.97K+71.38K+1020.700.1223
Oct 3030 days6.36K0829+1220.130.2523
Nov 637 days2403101.290.0021
Nov 2051 days155K−3.04K192K+7551.241227
Dec 1879 days35K+115302K−1558.641237

56% of open interest sits beyond the Oct 16 contract · 34 strikes listed for it · 2.88M contracts open in all

Monthly contractOct 16 expiry · 16 days

The Oct 16 contract holds 254K calls and 861K puts, the most call OI at $29.00 and the most put OI at $20.00; max pain $28.00, −9.5% from the close.

Call OI, contracts
254K−2.89K on the day
Put OI, contracts
861K+35.2K on the day
Puts per call, by OI
3.39all expiries 2.82
Max pain
$28.00−9.5% from the close
Strikes listed
34for this expiry
Open interest by strike, contractstop three strikes each side
Calls
Strike
Puts
49.7K
$30.00
92.8K
$29.00
41.5K
$28.00
$27.00
129K
$25.00
206K
$20.00
338K
Open interest added on the day, contractsthree largest additions each side
Calls
Strike
Puts
+724
$30.50
+232
$30.00
+520
$29.50
$26.00
+8.31K
$23.00
+1.25K
$20.00
+25.5K
Close $ · S&P 500 rebased to the first close126 sessions to Sep 30 · axis fixed at 4 × ATR-14 around the last close
131 sessions on file · from Mar 25
WBD close over the last 126 sessions, with S&P 500 rebased to the first close25.2828.9932.71axis spans 29%S&P 500WBDApr 1Jul 2Sep 30126 sessions from Apr 1 to Sep 30; the price axis spans 29 percent.

Quarterly results

consolidated · latest filed Aug 6, 2026 · SEC filings

Revenue $8.72B, −11% on a year earlier; profit $149.0M, −91% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidatedUS dollars as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, S&P 500 over the same session
Quarterly results of WBD on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue $Revenue YoYProfit $Profit YoYEPS $Market on the day
Jun 2026filed Aug 6$8.72B▼ −11%$149.0M▼ −91%0.06▲ +1.4%S&P 500 +0.6% · +0.8 pp
Mar 2026filed May 6$8.89B▼ −0.96%−$2.92B—-1.17▼ −0.3%S&P 500 −0.3% · 0.0 pp
Dec 2025filed Feb 27$9.46B▼ −5.6%−$252.0M—-0.10—not reached
Sep 2025filed Nov 6$9.04B▼ −6.0%−$148.0M▼ −210%-0.06—not reached
Jun 2025filed Aug 6$9.81B▲ +1.0%$1.58B—0.63▲ +1.4%S&P 500 +0.6% · +0.8 pp
Mar 2025filed May 6$8.98B▼ −9.8%−$453.0M—-0.18▼ −0.3%S&P 500 −0.3% · 0.0 pp
Dec 2024filed Feb 27$10.03B▼ −2.5%−$494.0M—-0.20—not reached
Sep 2024filed Nov 6$9.62B▼ −3.6%$135.0M—0.05—not reached
By fiscal yearfiscal years as filed in the 10-K · named by the year the fiscal year ends
Financial-year results of WBD on the consolidated basis, summed from the quarters filed
YearRevenue $Revenue YoYProfit $Profit YoYEPS $
FY25to Dec 2025$37.30B▼ −5.1%$727.0M—0.29
FY24to Dec 2024$39.32B▼ −4.8%−$11.31B—-4.62
FY23to Dec 2023$41.32B▲ +22%−$3.13B—-1.28
FY22to Dec 2022$33.82B▲ +180%−$7.37B▼ −830%-3.82
FY21to Dec 2021$12.19B▲ +14%$1.01B▼ −17%1.54

Fundamentals

consolidated · filings to Jun 2026 · close $30.95 on Sep 30

2.4 times book value, revenue −6.0% over twelve months, market cap $77.71B.

Valuation
Market cap
$77.71Bon Sep 30
Price to earnings
—
Trailing EPS
$-1.27diluted · consolidated · four quarters to Jun 2026
Price to book
2.4consolidated · balance sheet to Jun 2026
Book value a share
$13.08consolidated · balance sheet to Jun 2026
Debt to equity
0.98borrowings over equity · consolidated · balance sheet to Jun 2026
Return on equity
-9.2%trailing profit over average equity · consolidated
Dividend yield
—
Price to sales
2.2market cap over revenue, four quarters to Jun 2026
Shares outstanding
2.51Bon Sep 30
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
$36.12Bfour quarters to Jun 2026
Revenue growth, 12 months
▼ −6.0%against the twelve months before
Revenue 3-year CAGR
▼ −4.8%trailing twelve months against the twelve months 3 years earlier · consolidated
Profit, trailing 12 months
−$3.17Bfour quarters to Jun 2026
Profit growth, 12 months
▼ −510%against the twelve months before
Profit 3-year CAGR
—

Shareholding

quarter to Jun 2026 · SEC Form 13F

13F managers hold 150% of shares, BlackRock, Inc. the largest at 16%, VANGUARD CAPITAL MANAGEMENT LLC 13% and STATE STREET CORP 10%, as filed for the quarter to Jun 2026.

Held by 13F managers
150%of shares outstanding
Shares held
3.83B+7.8% on Mar 2026 among managers filing both
Managers holding
1,2371,231 a quarter earlier
Largest holder
16%BlackRock, Inc.
Largest 10 holderspercent of shares outstanding · change in shares against the previous quarter
Largest 13F holders of WBD
ManagerSharesOf outstandingValueChange on quarter
BlackRock, Inc.396M16%$10.56B+6.56M
VANGUARD CAPITAL MANAGEMENT LLC317M13%$8.46B+3.45M
STATE STREET CORP257M10%$6.84B+1.87M
VANGUARD PORTFOLIO MANAGEMENT LLC210M8.4%$5.60B+3.41M
Invesco Ltd.160M6.4%$4.27B+109M
GEODE CAPITAL MANAGEMENT, LLC140M5.6%$3.71B−84.3K
MILLENNIUM MANAGEMENT LLC115M4.6%$3.07B+27.4M
Pentwater Capital Management LP95.2M3.8%$2.54B−5.34M
FMR LLC90.5M3.6%$2.41B+25.6M
CITADEL ADVISORS LLC89.2M3.5%$2.38B+30.4M
Insider tradesSEC Forms 3, 4 and 5 · the latest 10

No open-market insider buying or selling in the last 90 days.

WBD insider trades
InsiderTradeSharesPriceHeld after
Zaslav DavidDirector,Officerwithheld for tax · Jun 12, 2026202,881$26.986,997,746
GOULD PAUL ADirectorgranted · Jun 9, 20269,067$0.00253,424
LOWE KENNETH WDirectorgranted · Jun 9, 20269,067$0.001,110,108
YANG GEOFFREY YDirectorgranted · Jun 9, 20269,067$0.00127,119
FISHER RICHARD WDirectorgranted · Jun 9, 20269,067$0.0079,546
Price Paula ADirectorgranted · Jun 9, 20269,067$0.0092,218
LEVY ANTON JDirectorgranted · Jun 9, 20269,067$0.00958,067
LEE DEBRA LDirectorgranted · Jun 9, 20269,067$0.0075,873
LEVIN JOSEPHDirectorgranted · Jun 9, 20269,067$0.0043,604
Di Piazza Samuel A Jr.Directorgranted · Jun 9, 20269,067$0.00213,076

Corporate actions

exchange records

No corporate action on record for WBD yet.

Price history

131 sessions on record · to Sep 30 · end of day

WBD is +9.3% over 20 sessions against the S&P 500's +0.1%, 0.07% below its 52-week high, realised volatility 38% annualised.

Returns against S&P 500longest window first · S&P 500 over the same sessions
Returns of the stock and S&P 500 over six windows, longest first
WindowFrom $WBD %S&P 500 %Difference pp
120 sessionssince Apr 9$27.53▲ +12%▲ +12%+0.25
60 sessionssince Jul 7$26.12▲ +18%▲ +2.0%+16
20 sessionssince Sep 1$28.32▲ +9.3%▲ +0.11%+9.2
5 sessionssince Sep 23$30.76▲ +0.62%▼ −0.67%+1.3
1 sessionsince Sep 29$30.85▲ +0.32%▼ −0.21%+0.53
Averages of the closeclose against each average
5-session average
$30.88close +0.23% from it
20-session average
$29.22close +5.9% from it
50-session average
$28.02close +10% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
$0.441.4% of the close
Average day's range, 20
$0.311.0% of the close
Volume against 20 sessions
2.21×95.7M vs 47.4M average
Volatility and co-movement with S&P 500annualised from daily returns
Realised volatility, 20
38%≈ ±2.4% a session · moved more than that on 1 of 20
Realised volatility, 60
27%≈ ±1.7% a session · moved more than that on 8 of 60
Beta to S&P 500, 60
0.61moved with S&P 500 on 29 of 60 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
11 up · 9 downof 20
Last 60 sessions
35 up · 25 downof 60
Best session, 250
▲ +11%Sep 21
Worst session, 250
▼ −3.8%Jul 20

Warner Bros. Discovery, Inc. Series A Common Stock is held by

2 headlines on WBD

latest Sep 30, 2026 · links go to the publisher

Short-sale volume

25 sessions · to Sep 30, 2026

Short sales were 18% of reported volume on Sep 30, 2026, against 20% over the last 25 sessions.

Last 10 sessionsshare of the day's reported volume
WBD daily short-sale volume
SessionShort volumeReported volumeShort share
Sep 30, 20268.24M44.9M18.3%
Sep 29, 20267.11M25M28.4%
Sep 28, 20267.85M30.1M26.1%
Sep 25, 20261.05M12.8M8.2%
Sep 24, 20267.7M26.2M29.4%
Sep 23, 20266.14M58.5M10.5%
Sep 22, 202610.9M69.7M15.7%
Sep 21, 202616.5M131M12.6%
Sep 18, 20261.87M10M18.6%
Sep 17, 20261.07M11M9.8%

Filings

SEC EDGAR · newest first
WBD SEC filings
FiledFormReport date
Sep 25, 2026SCHEDULE 13G/A—
Sep 16, 20264Sep 14, 2026
Sep 14, 2026144—
Sep 14, 20264Sep 11, 2026
Sep 14, 2026SCHEDULE 13D/A—
Sep 11, 2026144—
Sep 11, 20264Sep 10, 2026
Sep 10, 20264Sep 9, 2026
Sep 9, 2026144—
Sep 8, 2026144—
Sep 8, 20264Sep 3, 2026
Sep 4, 20264Sep 3, 2026
Sep 3, 2026144—
Sep 3, 2026144—
Aug 31, 20264Aug 27, 2026
Aug 27, 2026144—
Aug 18, 20264Aug 17, 2026
Aug 14, 2026144—
Aug 14, 20264Aug 13, 2026
Aug 14, 20264Aug 13, 2026
Aug 14, 20264Aug 12, 2026
Aug 13, 2026144—
Aug 13, 2026144—
Aug 12, 2026144—
Aug 12, 20264Aug 10, 2026

About Warner Bros. Discovery, Inc. Series A Common Stock

SEC and exchange records
Company
Warner Bros. Discovery, Inc. Series A Common Stock
Exchange
XNAS
SEC CIK
1437107
Sessions on record
131
Price source
End of day · delayed
Computed
1 Oct, 10:36 pm IST

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