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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |