Warner Bros. Discovery (WBD) Deferred Taxes (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Deferred Taxes came in at -$513.0 million in Q1 2026, down 64.42% YoY from -$1.4 billion in Q1 2025, and down 17.12% on a QoQ basis from -$438.0 million in Q4 2025.
Warner Bros. Discovery (WBD) Deferred Taxes (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Deferred Taxes data on file, last reported at -$513.0 million in Q1 2026.
- Quarterly Deferred Taxes fell 64.42% year-over-year to -$513.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$911.0 million (up 44.62% YoY) and the FY2025 annual result came in at -$710.0 million, up 59.01% from the prior year.
- Deferred Taxes eased to -$513.0 million in Q1 2026, from -$438.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $199.0 million in Q3 2025 to a low of -$1.2 billion in Q3 2022.
- A 5-year average of -$478.9 million and a median of -$462.0 million in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 8088.89% — and 2025, when it jumped 143.07%.
- Tracing WBD's Deferred Taxes over 5 years: stood at -$737.0 million in 2022, then surged by 62.96% to -$273.0 million in 2023, then slumped by 39.56% to -$381.0 million in 2024, then retreated by 14.96% to -$438.0 million in 2025, then retreated by 17.12% to -$513.0 million in 2026.
- The last three Deferred Taxes figures came in at -$513.0 million (Q1 2026), -$438.0 million (Q4 2025), and $199.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 81.26 Mn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 110.00 Mn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -299.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 52.23 Mn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 155.00 Mn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 11.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | - |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 34.80 Mn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -163.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -299.00 Mn |
| Mar 31, 2026 | -513.00 Mn |
| Dec 31, 2025 | -438.00 Mn |
| Sep 30, 2025 | 199.00 Mn |
| Jun 30, 2025 | -159.00 Mn |
| Mar 31, 2025 | -312.00 Mn |
| Dec 31, 2024 | -381.00 Mn |
| Sep 30, 2024 | -462.00 Mn |
| Jun 30, 2024 | -490.00 Mn |
| Mar 31, 2024 | -399.00 Mn |
| Dec 31, 2023 | -273.00 Mn |
| Sep 30, 2023 | -645.00 Mn |
| Jun 30, 2023 | -757.00 Mn |
| Mar 31, 2023 | -669.00 Mn |
| Dec 31, 2022 | -737.00 Mn |
| Sep 30, 2022 | -1.19 Bn |
| Jun 30, 2022 | -797.00 Mn |
| Mar 31, 2022 | -118.00 Mn |
| Dec 31, 2021 | -9.00 Mn |
| Sep 30, 2021 | -260.00 Mn |