Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026)

Warner Bros. Discovery (WBD) reported Capital Expenditures of $268.0 million for Q1 2026, up 6.77% on a YoY basis from $251.0 million in Q1 2025, and down 36.34% quarter-over-quarter from $421.0 million in Q4 2025.

Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026) Analysis & Trends

Warner Bros. Discovery has reported Capital Expenditures for 18 years, with the latest figure 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.
  • The five-year high for Capital Expenditures was $457.0 million in Q3 2023, with the low at $85.0 million in Q1 2022.
  • Historically, Capital Expenditures has averaged $279.4 million across 5 years, with a median of $278.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Capital Expenditures soared 264.0% — and 2024, when it slumped 52.95%.
  • Warner Bros. Discovery's Capital Expenditures stood at $364.0 million in 2022, then retreated by 26.37% to $268.0 million in 2023, then gained by 6.72% to $286.0 million in 2024, then soared by 47.2% to $421.0 million in 2025, then tumbled 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) Capex (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 196.13 Mn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 1.97 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 268.00 Mn
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 308.98 Mn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 20.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 135.00 Mn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 381,000.00
9 News 15.92 Bn 14.45 Bn - 100.00 Mn
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 19.98 Mn

Historic Data

Download Data
DateValue
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