Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026)
Warner Bros. Discovery (WBD) posted Capital Expenditures of $268.0 million for Q1 2026, down 36.34% on a QoQ basis from $421.0 million in Q4 2025, and up 6.77% year-over-year from $251.0 million in Q1 2025.
Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's Capital Expenditures history runs 18 years deep, the most recent figure standing at $268.0 million for Q1 2026.
- Quarterly Capital Expenditures rose 6.77% year-over-year to $268.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 24.3% YoY) and the FY2025 annual result came in at $1.2 billion, up 29.85% from the prior year.
- Capital Expenditures was $268.0 million for Q1 2026 at Warner Bros. Discovery, 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.
- A 5-year average of $279.4 million and a median of $278.0 million in 2025 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 264.0% — and 2024, when it sank 52.95%.
- Warner Bros. Discovery's Capital Expenditures stood at $364.0 million in 2022, then slipped by 26.37% to $268.0 million in 2023, then climbed by 6.72% to $286.0 million in 2024, then surged by 47.2% to $421.0 million in 2025, then sank by 36.34% to $268.0 million in 2026.
- Business Quant data shows WBD's Capital Expenditures at $268.0 million in Q1 2026, $421.0 million in Q4 2025, and $278.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 218.64 Mn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 1.97 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 268.00 Mn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 308.98 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 279.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | -4.62 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 19.98 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 135.00 Mn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 100.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 105.00 Mn |
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 |