Warner Bros. Discovery (WBD) Accumulated Expenses (2009 - 2026)
Warner Bros. Discovery (WBD) reported Accumulated Expenses of $12.08 billion for Q2 2026, up 18.2% from $10.22 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
Warner Bros. Discovery (WBD) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Warner Bros. Discovery posted Accumulated Expenses of $9.63 billion, down 7.8% from FY2024.
- Accumulated Expenses has a five-year compound annual growth rate of 40.0% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $10.44 billion in FY2024 (+0.7%), $10.37 billion in FY2023 (-9.9%), $11.5 billion in FY2022 (+415.9%) and $2.23 billion in FY2021 (+24.4%).
- The Q2 2026 figure ranks as the highest quarterly Accumulated Expenses in data going back to Q4 2009.
- Year over year, Accumulated Expenses gained in three of the last eight quarters, with growth averaging 1.7%.
- The high point for year-over-year Accumulated Expenses in five years was Q1 2023 (growth of 416.7%); the low point was Q4 2023 (a decline of 9.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $11.92 billion (Q1 2026), $9.63 billion (Q4 2025) and $9.29 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn |
| 4 | News | 15.94 Bn | 8.14 Bn | - |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - |
| 10 | Wpp | 5.33 Bn | -6.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.08 Bn |
| Mar 31, 2026 | 11.92 Bn |
| Dec 31, 2025 | 9.63 Bn |
| Sep 30, 2025 | 9.29 Bn |
| Jun 30, 2025 | 10.22 Bn |
| Mar 31, 2025 | 9.90 Bn |
| Dec 31, 2024 | 10.44 Bn |
| Sep 30, 2024 | 10.00 Bn |
| Jun 30, 2024 | 10.93 Bn |
| Mar 31, 2024 | 10.29 Bn |
| Dec 31, 2023 | 10.37 Bn |
| Sep 30, 2023 | 10.04 Bn |
| Jun 30, 2023 | 10.67 Bn |
| Mar 31, 2023 | 10.16 Bn |
| Dec 31, 2022 | 11.50 Bn |
| Sep 30, 2022 | 10.20 Bn |
| Jun 30, 2022 | 10.28 Bn |
| Mar 31, 2022 | 1.97 Bn |
| Dec 31, 2021 | 2.23 Bn |
| Dec 31, 2020 | 1.79 Bn |
API Access
Warner Bros. Discovery Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=WBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();