Growth Metrics

Warner Bros. Discovery (WBD) Divestments (2012 - 2025)

Warner Bros. Discovery posted quarterly Divestments of -$12.0 million for Q3 2025, down 103.7% year-on-year from $324.0 million in Q3 2024, and down 118.18% on a QoQ basis from $66.0 million in Q1 2025.

Warner Bros. Discovery (WBD) has 13 years of Divestments data on file, last reported 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.
  • Across five years, Divestments topped out at $324.0 million in Q3 2024 and bottomed at -$12.0 million in Q3 2025.
  • The 4-year median for Divestments is $139.0 million (2022), against an average of $136.4 million.
  • The widest annual swing landed in 2021, when Divestments soared 7400.0%; it then tumbled 103.7% in 2025.
  • A 4-year view of Divestments shows it stood at $101.0 million in 2021, then jumped by 42.57% to $144.0 million in 2022, then soared by 50.69% to $217.0 million in 2024, then tumbled 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 362.63 Bn 350.34 Bn 11.41 Bn -
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn -
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -
5 Fox 26.01 Bn 22.51 Bn - -
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn -
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn -
8 News 16.98 Bn 15.50 Bn - 3.00 Mn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn -
10 Paramount Skydance 12.11 Bn 10.03 Bn - -

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2017 13.00 Mn
Mar 31, 2017 5.00 Mn
Jun 30, 2016 4.00 Mn
Mar 31, 2016 15.00 Mn
Jun 30, 2015 61.00 Mn
Mar 31, 2015 15.00 Mn
Dec 31, 2014 16.00 Mn
Jun 30, 2014 29.00 Mn
Mar 31, 2014 16.00 Mn
Dec 31, 2013 5.00 Mn
Sep 30, 2013 19.00 Mn
Jun 30, 2013 4.00 Mn
Dec 31, 2012 17.00 Mn
Sep 30, 2012 -17.00 Mn
Mar 31, 2012 17.00 Mn