Warner Bros. Discovery to Report Fourth Quarter and Full Year 2025 Results on Thursday, February 26
Rhea-AI Summary
Warner Bros. Discovery (Nasdaq: WBD) will report its fourth quarter and full year 2025 results on Thursday, February 26, 2026 before the market opens. A live webcast of the conference call and earnings materials will be available in the Investor Relations section starting at approximately 7:00 a.m. ET.
The company will host a conference call at 8:00 a.m. ET. Telephone replay is available until March 5, 2026 (+1 888-660-6264 or +1 646-517-3975; passcode 97030#). An audio webcast replay will be available on the Investor Relations site for twelve months.
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Key Figures
Market Reality Check
Peers on Argus
WBD gained 0.21% while peers were mixed: FOX +1.2%, FOXA +0.88%, NWS +0.31%, NWSA -0.13%, LYV flat. No momentum-clustered sector move indicated.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 17 | Paramount comments | Positive | +2.7% | Paramount reiterates $30 all-cash proposal and criticizes Netflix merger terms. |
| Feb 11 | Ancora opposition | Positive | +0.7% | Ancora urges rejection of Netflix deal and support for higher Paramount cash offer. |
| Feb 10 | WBD confirms offer | Positive | +2.2% | WBD acknowledges amended Paramount tender but maintains recommendation for Netflix merger. |
| Feb 10 | Paramount enhances bid | Positive | +2.2% | Paramount boosts $30 cash bid with ticking fee, financing and regulatory progress. |
| Jan 22 | Tender extension | Neutral | -0.6% | Paramount extends tender offer and files proxy materials amid ongoing contest. |
Recent news has been dominated by competing Netflix and Paramount Skydance proposals, with four of five items seeing positive 24h price reactions, suggesting M&A headlines have generally coincided with upside moves.
Over the past month, Warner Bros. Discovery has been at the center of an active takeover and merger contest. Multiple events between Jan 22, 2026 and Feb 17, 2026 detailed Paramount Skydance’s $30.00 per-share cash offer versus Netflix’s proposed merger terms, including a tender offer, proxy fights and board responses. Price reactions of up to about 2.72% followed several of these updates. Today’s earnings date notice arrives against this backdrop of strategic uncertainty and competing transaction structures.
Market Pulse Summary
This announcement sets the schedule for Warner Bros. Discovery’s fourth quarter and full year 2025 results on February 26, 2026, with materials posted from 7:00 a.m. ET and a call at 8:00 a.m. ET. The news arrives while the stock trades near its $30.00 52‑week high and above its 200‑day MA of $18.39, following weeks of competing Netflix and Paramount Skydance proposals. Investors may focus on how earnings and any commentary intersect with these ongoing strategic alternatives.
AI-generated analysis. Not financial advice.
A telephone replay of the call will be available approximately two hours after the completion of the call until March 5, 2026. The replay can be accessed via phone by dialing +1 888-660-6264 or +1 646-517-3975 and using playback passcode 97030#. A replay of the audio webcast will also be available in the "Investor Relations" section of the Company's website for twelve months.
About Warner Bros. Discovery:
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.
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SOURCE Warner Bros. Discovery, Inc.