Warner Bros. Discovery (WBD) Common Equity (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Common Equity came in at $34.0 billion in Q2 2026, down 8.92% on a YoY basis from $37.3 billion in Q2 2025, and up 0.85% quarter-over-quarter from $33.7 billion in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Common Equity (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Common Equity for 18 consecutive years, with $34.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Common Equity fell 8.92% year-over-year to $34.0 billion; the trailing twelve-month figure through Jun 2026 stood at $34.0 billion (down 8.92% YoY), and the FY2025 full-year result was $37.1 billion, up 6.66% from the prior year.
- Common Equity grew to $34.0 billion in Q2 2026 per WBD's latest filing, from $33.7 billion in the prior quarter.
- Across five years, Common Equity topped out at $52.6 billion in Q2 2022 and bottomed at $13.2 billion in Q1 2022.
- Historically, Common Equity has averaged $39.8 billion across 5 years, with a median of $37.3 billion in 2025.
- The sharpest annual moves came in 2022 and 2024: Common Equity surged 306.29% in 2022, then fell 24.79% in 2024.
- Over 5 years, Common Equity stood at $48.3 billion in 2022, then slipped by 4.22% to $46.3 billion in 2023, then dropped by 24.79% to $34.8 billion in 2024, then climbed by 6.66% to $37.1 billion in 2025, then slipped by 8.49% to $34.0 billion in 2026.
- According to Business Quant data, Common Equity over the past three periods registered $34.0 billion, $33.7 billion, and $37.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 34.00 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 11.73 Bn |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | 12.89 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 8.22 Bn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 2.27 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 113.18 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 946.38 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 2.46 Bn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | 478.70 Mn |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 100.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.00 Bn |
| Mar 31, 2026 | 33.71 Bn |
| Dec 31, 2025 | 37.15 Bn |
| Sep 30, 2025 | 37.28 Bn |
| Jun 30, 2025 | 37.32 Bn |
| Mar 31, 2025 | 35.15 Bn |
| Dec 31, 2024 | 34.83 Bn |
| Sep 30, 2024 | 36.06 Bn |
| Jun 30, 2024 | 35.30 Bn |
| Mar 31, 2024 | 45.12 Bn |
| Dec 31, 2023 | 46.31 Bn |
| Sep 30, 2023 | 45.86 Bn |
| Jun 30, 2023 | 46.48 Bn |
| Mar 31, 2023 | 47.53 Bn |
| Dec 31, 2022 | 48.35 Bn |
| Sep 30, 2022 | 49.76 Bn |
| Jun 30, 2022 | 52.62 Bn |
| Mar 31, 2022 | 13.23 Bn |
| Dec 31, 2021 | 13.03 Bn |
| Sep 30, 2021 | 13.04 Bn |