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
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