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| 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 |