Warner Bros. Discovery (WBD) Divestments (2012 - 2025)
Warner Bros. Discovery (WBD) reported Divestments of -$12.0 million for Q3 2025, down 103.7% on a YoY basis from $324.0 million in Q3 2024, and down 118.18% quarter-over-quarter from $66.0 million in Q1 2025.
Warner Bros. Discovery (WBD) Divestments (2012 - 2025) Analysis & Trends
Warner Bros. Discovery has reported Divestments for 13 years, with the latest figure at -$12.0 million in Q3 2025.
- For the quarter ending Q3 2025, Divestments fell 103.7% year-over-year to -$12.0 million; the trailing twelve-month figure through Mar 2026 stood at -$12.0 million (down 101.98% YoY), and the FY2025 full-year result was $54.0 million, down 90.02% from the prior year.
- Divestments for Q3 2025 stood at -$12.0 million, down from $66.0 million in the prior quarter.
- The five-year high for Divestments was $324.0 million in Q3 2024, with the low at -$12.0 million in Q3 2025.
- Historically, Divestments has averaged $136.4 million across 4 years, with a median of $139.0 million in 2022.
- Annual changes were most pronounced in 2021 — Divestments soared 7400.0% — and 2025, when it sank 103.7%.
- Warner Bros. Discovery's Divestments stood at $101.0 million in 2021, then soared by 42.57% to $144.0 million in 2022, then surged by 50.69% to $217.0 million in 2024, then plunged by 105.53% to -$12.0 million in 2025.
- The last three Divestments figures came in at -$12.0 million (Q3 2025), $66.0 million (Q1 2025), and $217.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | - |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | - |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | - |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | -33,000.00 |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | - |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | - |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | - |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | - |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 3.00 Mn |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -12.00 Mn |
| Mar 31, 2025 | 66.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 324.00 Mn |
| Dec 31, 2022 | 144.00 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 139.00 Mn |
| Dec 31, 2021 | 101.00 Mn |
| Sep 30, 2021 | 150.00 Mn |
| Jun 30, 2021 | 74.00 Mn |
| Mar 31, 2021 | 274.00 Mn |
| Dec 31, 2020 | 2.00 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | 65.00 Mn |
| Dec 31, 2019 | 8.00 Mn |
| Sep 30, 2019 | 12.00 Mn |
| Dec 31, 2018 | -107.00 Mn |
| Sep 30, 2018 | 107.00 Mn |
| Dec 31, 2017 | -9.00 Mn |
| Sep 30, 2017 | 20.00 Mn |