# Warner Bros. Discovery, Inc. (WBD) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Warner Bros. Discovery, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/WBD/mda/fy2025/): filed 2026-02-27; accession 0001437107-26-000020 (https://www.sec.gov/Archives/edgar/data/1437107/000143710726000020/wbd-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/WBD/mda/fy2024/): filed 2025-02-27; accession 0001437107-25-000031 (https://www.sec.gov/Archives/edgar/data/1437107/000143710725000031/wbd-20241231.htm)
- [FY 2023 MD&A](/company/WBD/mda/fy2023/): filed 2024-02-23; accession 0001437107-24-000017 (https://www.sec.gov/Archives/edgar/data/1437107/000143710724000017/wbd-20231231.htm)
- [FY 2022 MD&A](/company/WBD/mda/fy2022/): filed 2023-02-24; accession 0001437107-23-000019 (https://www.sec.gov/Archives/edgar/data/1437107/000143710723000019/disca-20221231.htm)
- [FY 2021 MD&A](/company/WBD/mda/fy2021/): filed 2022-02-24; accession 0001437107-22-000031 (https://www.sec.gov/Archives/edgar/data/1437107/000143710722000031/disca-20211231.htm)

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