Warner Bros. lost nearly half its quarterly revenue, and Supergirl’s box office failure is largely to blame. Warner Bros. suffers 46% quarterly drop in revenue after Supergirl’s failureWarner Bros. Discovery reported a 46% decline in theatrical revenue during its second quarter of 2026, The Hollywood Reporter reported. The studio’s releases Supergirl and The Bride both bombed at the box office during the period. As a result, WBD reported total quarterly revenues of $8.717 billion against Wall Street’s forecast of $9.21 billion.