Warner Bros. Discovery (WBD) Common Equity (2009 - 2026)
Warner Bros. Discovery posted quarterly Common Equity of $32.6 billion for Q1 2026, down 7.31% year-on-year from $35.1 billion in Q1 2025, and down 9.3% on a QoQ basis from $35.9 billion in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of Common Equity data on file, last reported at $32.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Common Equity fell 7.31% year-over-year to $32.6 billion; the trailing twelve-month figure through Mar 2026 stood at $32.6 billion (down 7.31% YoY), and the FY2025 full-year result was $35.9 billion, up 3.13% from the prior year.
- Common Equity for Q1 2026 stood at $32.6 billion, down from $35.9 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.
- The 5-year median for Common Equity is $37.3 billion (2025), against an average of $40.0 billion.
- The widest annual swing landed in 2022, when Common Equity jumped 306.29%; it then declined 24.79% in 2024.
- A 5-year view of Common Equity shows it stood at $48.3 billion in 2022, then decreased by 4.22% to $46.3 billion in 2023, then slipped by 24.79% to $34.8 billion in 2024, then increased by 3.13% to $35.9 billion in 2025, then dropped by 9.3% to $32.6 billion in 2026.
- The last three Common Equity figures came in at $32.6 billion (Q1 2026), $35.9 billion (Q4 2025), and $37.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 31.13 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 115.31 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 32.58 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 481.82 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 10.97 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 7.73 Bn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 2.67 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 9.28 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 3.38 Bn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | 12.89 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.58 Bn |
| Dec 31, 2025 | 35.92 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 |
| Jun 30, 2021 | 12.95 Bn |
| Mar 31, 2021 | 12.22 Bn |
| Dec 31, 2020 | 12.00 Bn |
| Sep 30, 2020 | 11.60 Bn |
| Jun 30, 2020 | 11.36 Bn |
| Mar 31, 2020 | 10.96 Bn |
| Dec 31, 2019 | 11.52 Bn |
| Sep 30, 2019 | 11.13 Bn |
| Jun 30, 2019 | 11.22 Bn |
| Mar 31, 2019 | 10.30 Bn |
| Dec 31, 2018 | 10.10 Bn |
| Sep 30, 2018 | 9.82 Bn |
| Jun 30, 2018 | 9.63 Bn |
| Mar 31, 2018 | 9.59 Bn |
| Dec 31, 2017 | 4.61 Bn |
| Sep 30, 2017 | 25.00 Mn |
| Jun 30, 2017 | 15.00 Mn |
| Mar 31, 2017 | 5.34 Bn |
| Dec 31, 2016 | 5.17 Bn |
| Sep 30, 2016 | 5.20 Bn |
| Jun 30, 2016 | 5.35 Bn |
| Mar 31, 2016 | 5.37 Bn |
| Dec 31, 2015 | 5.45 Bn |
| Sep 30, 2015 | 5.65 Bn |
| Jun 30, 2015 | 5.49 Bn |
| Mar 31, 2015 | 5.29 Bn |
| Dec 31, 2014 | 5.60 Bn |
| Sep 30, 2014 | 5.89 Bn |
| Jun 30, 2014 | 6.03 Bn |
| Mar 31, 2014 | 6.18 Bn |
| Dec 31, 2013 | 6.20 Bn |
| Sep 30, 2013 | 6.23 Bn |
| Jun 30, 2013 | 6.27 Bn |
| Mar 31, 2013 | 6.24 Bn |
| Dec 31, 2012 | 6.29 Bn |
| Sep 30, 2012 | 6.27 Bn |
| Jun 30, 2012 | 6.47 Bn |
| Mar 31, 2012 | 6.57 Bn |
| Dec 31, 2011 | 6.52 Bn |
| Sep 30, 2011 | 6.40 Bn |
| Jun 30, 2011 | 6.51 Bn |
| Mar 31, 2011 | 6.41 Bn |
| Dec 31, 2010 | 6.23 Bn |
| Sep 30, 2010 | 6.70 Bn |
| Jun 30, 2010 | 6.51 Bn |
| Mar 31, 2010 | 6.39 Bn |
| Dec 31, 2009 | 6.22 Bn |
| Sep 30, 2009 | 6.04 Bn |
| Jun 30, 2009 | 5.92 Bn |
| Mar 31, 2009 | 5.67 Bn |