Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026)
Warner Bros. Discovery posted quarterly Capital Expenditures of $268.0 million for Q1 2026, up 6.77% year-on-year from $251.0 million in Q1 2025, and down 36.34% on a QoQ basis from $421.0 million in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of Capital Expenditures data on file, last reported at $268.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures rose 6.77% year-over-year to $268.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (up 24.3% YoY), and the FY2025 full-year result was $1.2 billion, up 29.85% from the prior year.
- Capital Expenditures for Q1 2026 stood at $268.0 million, down from $421.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $457.0 million in Q3 2023 and bottomed at $85.0 million in Q1 2022.
- The 5-year median for Capital Expenditures is $278.0 million (2025), against an average of $279.4 million.
- The widest annual swing landed in 2022, when Capital Expenditures soared 264.0%; it then plunged 52.95% in 2024.
- A 5-year view of Capital Expenditures shows it stood at $364.0 million in 2022, then decreased by 26.37% to $268.0 million in 2023, then advanced by 6.72% to $286.0 million in 2024, then jumped by 47.2% to $421.0 million in 2025, then slumped by 36.34% to $268.0 million in 2026.
- The last three Capital Expenditures figures came in at $268.0 million (Q1 2026), $421.0 million (Q4 2025), and $278.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 196.13 Mn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 1.97 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 268.00 Mn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 308.98 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 135.00 Mn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 20.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 381,000.00 |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 100.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 19.98 Mn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 268.00 Mn |
| Mar 31, 2026 | 268.00 Mn |
| Dec 31, 2025 | 421.00 Mn |
| Dec 31, 2025 | 421.00 Mn |
| Sep 30, 2025 | 278.00 Mn |
| Sep 30, 2025 | 278.00 Mn |
| Jun 30, 2025 | 281.00 Mn |
| Jun 30, 2025 | 281.00 Mn |
| Mar 31, 2025 | 251.00 Mn |
| Mar 31, 2025 | 251.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Sep 30, 2024 | 215.00 Mn |
| Sep 30, 2024 | 215.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
| Sep 30, 2023 | 457.00 Mn |
| Sep 30, 2023 | 457.00 Mn |
| Jun 30, 2023 | 292.00 Mn |
| Jun 30, 2023 | 292.00 Mn |
| Mar 31, 2023 | 299.00 Mn |
| Mar 31, 2023 | 299.00 Mn |
| Dec 31, 2022 | 364.00 Mn |
| Dec 31, 2022 | 364.00 Mn |
| Sep 30, 2022 | 316.00 Mn |
| Sep 30, 2022 | 316.00 Mn |
| Jun 30, 2022 | 222.00 Mn |
| Jun 30, 2022 | 222.00 Mn |
| Mar 31, 2022 | 85.00 Mn |
| Mar 31, 2022 | 85.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Sep 30, 2021 | 106.00 Mn |
| Sep 30, 2021 | 106.00 Mn |
| Jun 30, 2021 | 77.00 Mn |
| Jun 30, 2021 | 77.00 Mn |
| Mar 31, 2021 | 90.00 Mn |
| Mar 31, 2021 | 90.00 Mn |
| Dec 31, 2020 | 112.00 Mn |
| Dec 31, 2020 | 112.00 Mn |
| Sep 30, 2020 | 73.00 Mn |
| Sep 30, 2020 | 73.00 Mn |
| Jun 30, 2020 | 112.00 Mn |
| Jun 30, 2020 | 112.00 Mn |
| Mar 31, 2020 | 105.00 Mn |
| Mar 31, 2020 | 105.00 Mn |
| Dec 31, 2019 | 100.00 Mn |
| Dec 31, 2019 | 100.00 Mn |
| Sep 30, 2019 | 67.00 Mn |
| Sep 30, 2019 | 67.00 Mn |
| Jun 30, 2019 | 78.00 Mn |
| Jun 30, 2019 | 78.00 Mn |
| Mar 31, 2019 | 44.00 Mn |
| Mar 31, 2019 | 44.00 Mn |
| Dec 31, 2018 | 41.00 Mn |
| Dec 31, 2018 | 41.00 Mn |
| Sep 30, 2018 | 24.00 Mn |
| Sep 30, 2018 | 24.00 Mn |
| Jun 30, 2018 | 34.00 Mn |
| Jun 30, 2018 | 34.00 Mn |
| Mar 31, 2018 | 48.00 Mn |
| Mar 31, 2018 | 48.00 Mn |
| Dec 31, 2017 | 32.00 Mn |
| Dec 31, 2017 | 32.00 Mn |
| Sep 30, 2017 | 25.00 Mn |
| Sep 30, 2017 | 25.00 Mn |
| Jun 30, 2017 | 31.00 Mn |
| Jun 30, 2017 | 31.00 Mn |
| Mar 31, 2017 | 47.00 Mn |
| Mar 31, 2017 | 47.00 Mn |
| Dec 31, 2016 | 19.00 Mn |
| Dec 31, 2016 | 19.00 Mn |
| Sep 30, 2016 | 26.00 Mn |
| Sep 30, 2016 | 26.00 Mn |
| Jun 30, 2016 | 28.00 Mn |
| Jun 30, 2016 | 28.00 Mn |
| Mar 31, 2016 | 15.00 Mn |
| Mar 31, 2016 | 15.00 Mn |
| Dec 31, 2015 | 27.00 Mn |
| Dec 31, 2015 | 27.00 Mn |
| Sep 30, 2015 | 24.00 Mn |
| Sep 30, 2015 | 24.00 Mn |
| Jun 30, 2015 | 18.00 Mn |
| Jun 30, 2015 | 18.00 Mn |
| Mar 31, 2015 | 34.00 Mn |
| Mar 31, 2015 | 34.00 Mn |
| Dec 31, 2014 | 35.00 Mn |
| Dec 31, 2014 | 35.00 Mn |
| Sep 30, 2014 | 27.00 Mn |
| Sep 30, 2014 | 27.00 Mn |
| Jun 30, 2014 | 51.00 Mn |
| Jun 30, 2014 | 51.00 Mn |
| Mar 31, 2014 | 7.00 Mn |
| Mar 31, 2014 | 7.00 Mn |
| Dec 31, 2013 | 39.00 Mn |
| Dec 31, 2013 | 39.00 Mn |
| Sep 30, 2013 | 22.00 Mn |
| Sep 30, 2013 | 22.00 Mn |
| Jun 30, 2013 | 28.00 Mn |
| Jun 30, 2013 | 28.00 Mn |
| Mar 31, 2013 | 26.00 Mn |
| Mar 31, 2013 | 26.00 Mn |
| Dec 31, 2012 | 24.00 Mn |
| Dec 31, 2012 | 24.00 Mn |
| Sep 30, 2012 | 29.00 Mn |
| Sep 30, 2012 | 29.00 Mn |
| Jun 30, 2012 | 3.00 Mn |
| Jun 30, 2012 | 3.00 Mn |
| Mar 31, 2012 | 21.00 Mn |
| Mar 31, 2012 | 21.00 Mn |
| Dec 31, 2011 | -28.00 Mn |
| Dec 31, 2011 | -28.00 Mn |
| Sep 30, 2011 | 15.00 Mn |
| Sep 30, 2011 | 15.00 Mn |
| Jun 30, 2011 | 16.00 Mn |
| Jun 30, 2011 | 16.00 Mn |
| Mar 31, 2011 | 11.00 Mn |
| Mar 31, 2011 | 11.00 Mn |
| Dec 31, 2010 | 20.00 Mn |
| Dec 31, 2010 | 20.00 Mn |
| Sep 30, 2010 | 9.00 Mn |
| Sep 30, 2010 | 9.00 Mn |
| Jun 30, 2010 | 8.00 Mn |
| Jun 30, 2010 | 8.00 Mn |
| Mar 31, 2010 | 12.00 Mn |
| Mar 31, 2010 | 12.00 Mn |
| Dec 31, 2009 | 14.00 Mn |
| Dec 31, 2009 | 14.00 Mn |
| Sep 30, 2009 | 9.00 Mn |
| Sep 30, 2009 | 9.00 Mn |
| Jun 30, 2009 | 13.00 Mn |
| Jun 30, 2009 | 13.00 Mn |
| Mar 31, 2009 | 19.00 Mn |
| Mar 31, 2009 | 19.00 Mn |