Successful Home Media Releases of Theatrical Flops

[Funcha]

My apologies if this isn't the right section for this discussion. I've been wondering recently how accurate it is for the studios and/or the general public to consider a film a flop, based on theatrical returns alone. For example, Blade Runner 2049 and Doctor Sleep did poorly in their theatrical releases and I think were considered financial losses for Warner Brothers. I'm not sure how well the various DVD, Blu-Ray, 4K and Streaming versions have sold for these, but let's say they sold gangbusters and at the very least recouped the costs to produce and market them.

Wouldn't it stand to reason that those movies should be considered successes then? I mean, I'd assume that any of the production companies or investors involved with funding these films would get a cut of the home sales. Is there something I'm missing here? The more I think about it, the more suspect it seems to me for the studios to ONLY consider the theatrical release when determining if a film is a flop.