Warner Bros. Discovery WBD
NASDAQ WBD
$28.13 -0.13 (-0.44%)
As of: Sep 8, 2026 · 3:59 PM EDT

Warner Bros. Discovery (WBD) Divestments (2012 - 2026)

Warner Bros. Discovery's (WBD) quarterly Divestments came in at $9.0 million in Q2 2026, up 175.0% quarter-over-quarter from -$12.0 million in Q3 2025.

Analysis

Warner Bros. Discovery (WBD) Divestments (2012 - 2026) Analysis & Trends

Warner Bros. Discovery (WBD) has reported Divestments for 14 consecutive years, with $9.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Divestments changed N/A year-over-year to $9.0 million; the trailing twelve-month figure through Jun 2026 stood at -$3.0 million (down 101.06% YoY), and the FY2025 full-year result was $54.0 million, down 90.02% from the prior year.
  • Divestments improved to $9.0 million in Q2 2026 per WBD's latest filing, from -$12.0 million in the prior quarter.
  • Across five years, Divestments topped out at $324.0 million in Q2 2024 and bottomed at -$12.0 million in Q3 2025.
  • Historically, Divestments has averaged $113.8 million across 4 years, with a median of $102.5 million in 2022.
  • The widest YoY moves for Divestments: up 87.84% in 2022, down 84.67% in 2022.
  • Over 4 years, Divestments stood at $144.0 million in 2022, then jumped by 50.69% to $217.0 million in 2024, then slumped by 105.53% to -$12.0 million in 2025, then surged by 175.0% to $9.0 million in 2026.
  • According to Business Quant data, Divestments over the past three periods registered $9.0 million, -$12.0 million, and $66.0 million for Q2 2026, Q3 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Warner Bros. Discovery 70.72 Bn 67.35 Bn 4.10 Bn 9.00 Mn
2 Fox 25.12 Bn 20.92 Bn - -
3 Paramount Skydance 11.97 Bn 8.70 Bn -2.08 Bn 24.00 Mn
4 Versant Media 5.38 Bn 3.90 Bn 994.00 Mn -
5 Nexstar Media 5.15 Bn 4.94 Bn 1.06 Bn -
6 Newsmax 1.39 Bn 1.34 Bn 23.33 Mn -
7 AMC Global Media 520.06 Mn 56.06 Mn 258.71 Mn -
8 Gray Media 470.89 Mn 294.89 Mn 270.00 Mn -
9 Starz Entertainment 435.29 Mn 333.19 Mn - -
10 E.W. Scripps 296.07 Mn 283.02 Mn 196.33 Mn -439,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.00 Mn
Sep 30, 2025 -12.00 Mn
Mar 31, 2025 66.00 Mn
Dec 31, 2024 217.00 Mn
Jun 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
Jun 30, 2018 107.00 Mn
Dec 31, 2017 39.00 Mn
Sep 30, 2017 9.00 Mn