Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026)
Warner Bros. Discovery's Capital Expenditures came in at $276 million for Q2 2026, down 1.8% from $281 million a year earlier but up 3.0% from the prior quarter.
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Analysis
Warner Bros. Discovery (WBD) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Warner Bros. Discovery reported Capital Expenditures of $1.24 billion, up 20.3% year-over-year; for FY2025, it was $1.23 billion, up 29.9% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $948 million in FY2024 (-28.0%), $1.32 billion in FY2023 (+33.3%), $987 million in FY2022 (+164.6%) and $373 million in FY2021 (-7.2%).
- The five-year range for quarterly Capital Expenditures is $85 million (Q1 2022) to $457 million (Q3 2023).
- Year-over-year, Capital Expenditures increased in six of the last eight quarters, with growth averaging 9.4%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q4 2022 (growth of 264.0%), and the weakest in Q3 2024 (a decline of 53.0%).
- Business Quant data shows WBD's Capital Expenditures at $268 million (Q1 2026), $421 million (Q4 2025) and $278 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.50 Bn | 63.16 Bn | 4.10 Bn | 276.00 Mn |
| 2 | Fox | 27.18 Bn | 13.09 Bn | - | 141.00 Mn |
| 3 | Omnicom | 20.60 Bn | 3.30 Bn | 1.30 Bn | 53.90 Mn |
| 4 | News | 16.19 Bn | 8.39 Bn | - | 146.00 Mn |
| 5 | Paramount Skydance | 11.39 Bn | 9.31 Bn | - | - |
| 6 | New York Times | 10.30 Bn | 7.79 Bn | 394.61 Mn | 10.11 Mn |
| 7 | Pearson | 10.14 Bn | 7.28 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.74 Bn | 8.32 Bn | 1.44 Bn | 130.00 Mn |
| 9 | 36Kr Holdings | 6.25 Bn | 6.19 Bn | - | - |
| 10 | Wpp | 5.52 Bn | -6.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 276.00 Mn |
| Mar 31, 2026 | 268.00 Mn |
| Dec 31, 2025 | 421.00 Mn |
| Sep 30, 2025 | 278.00 Mn |
| Jun 30, 2025 | 281.00 Mn |
| Mar 31, 2025 | 251.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Sep 30, 2024 | 215.00 Mn |
| Jun 30, 2024 | 252.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
| Sep 30, 2023 | 457.00 Mn |
| Jun 30, 2023 | 292.00 Mn |
| Mar 31, 2023 | 299.00 Mn |
| Dec 31, 2022 | 364.00 Mn |
| Sep 30, 2022 | 316.00 Mn |
| Jun 30, 2022 | 222.00 Mn |
| Mar 31, 2022 | 85.00 Mn |
| Dec 31, 2021 | 100.00 Mn |
| Sep 30, 2021 | 106.00 Mn |
API Access
Warner Bros. Discovery Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();