Warner Bros. Discovery (WBD) Cost of Revenue (2009 - 2026)

Warner Bros. Discovery (WBD) has reported Cost of Revenue for 18 consecutive years, with $4.6 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue fell 22.56% year-over-year to $4.6 billion; the trailing twelve-month figure through Jun 2026 stood at $19.1 billion (down 12.63% YoY), and the FY2025 full-year result was $20.9 billion, down 9.08% from the prior year.
• Cost of Revenue steadied at $4.6 billion in Q2 2026 per WBD's latest filing, from $4.6 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $7.0 billion in Q4 2022 and bottomed at $1.2 billion in Q1 2022.
• Historically, Cost of Revenue has averaged $5.4 billion across 5 years, with a median of $5.6 billion in 2022.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 551.73% in 2022, then declined 22.56% in 2026.
• Over 5 years, Cost of Revenue stood at $7.0 billion in 2022, then declined by 15.21% to $5.9 billion in 2023, then fell by 6.26% to $5.5 billion in 2024, then declined by 5.5% to $5.2 billion in 2025, then declined by 11.53% to $4.6 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $4.6 billion, $4.6 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.