Warner Bros. Discovery (WBD) EBIAT (2009 - 2026)
Warner Bros. Discovery posted quarterly EBIAT of -$2.9 billion for Q1 2026, down 541.5% year-on-year from $658.2 million in Q1 2025, and down 1076.52% on a QoQ basis from -$247.0 million in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of EBIAT data on file, last reported at -$2.9 billion in Q1 2026.
- For the quarter ending Q1 2026, EBIAT fell 541.5% year-over-year to -$2.9 billion; the trailing twelve-month figure through Mar 2026 stood at -$1.7 billion (up 84.41% YoY), and the FY2025 full-year result was $749.0 million, up 106.52% from the prior year.
- EBIAT for Q1 2026 stood at -$2.9 billion, down from -$247.0 million in the prior quarter.
- Across five years, EBIAT topped out at $1.6 billion in Q2 2025 and bottomed at -$10.0 billion in Q2 2024.
- The 5-year median for EBIAT is -$665.0 million (2024), against an average of -$1.4 billion.
- Peak annual rise in EBIAT reached 138.74% in 2022, while the deepest fall reached 1564.74% in 2022.
- A 5-year view of EBIAT shows it stood at -$2.0 billion in 2022, then soared by 80.66% to -$392.0 million in 2023, then sank by 69.64% to -$665.0 million in 2024, then soared by 62.86% to -$247.0 million in 2025, then sank by 1076.52% to -$2.9 billion in 2026.
- The last three EBIAT figures came in at -$2.9 billion (Q1 2026), -$247.0 million (Q4 2025), and -$143.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 5.28 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 | -2.91 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -389.10 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 175.00 Mn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 53.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 85.70 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 121.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 248.16 Mn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -734.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.91 Bn |
| Dec 31, 2025 | -247.00 Mn |
| Sep 30, 2025 | -143.00 Mn |
| Jun 30, 2025 | 1.58 Bn |
| Mar 31, 2025 | -453.00 Mn |
| Dec 31, 2024 | -665.00 Mn |
| Sep 30, 2024 | 141.00 Mn |
| Jun 30, 2024 | -10.03 Bn |
| Mar 31, 2024 | -966.00 Mn |
| Dec 31, 2023 | -392.00 Mn |
| Sep 30, 2023 | -417.00 Mn |
| Jun 30, 2023 | -1.22 Bn |
| Mar 31, 2023 | -1.06 Bn |
| Dec 31, 2022 | -2.03 Bn |
| Sep 30, 2022 | -2.29 Bn |
| Jun 30, 2022 | -3.42 Bn |
| Mar 31, 2022 | 456.00 Mn |
| Dec 31, 2021 | 229.00 Mn |
| Sep 30, 2021 | 156.00 Mn |
| Jun 30, 2021 | 672.00 Mn |
| Mar 31, 2021 | 191.00 Mn |
| Dec 31, 2020 | 182.00 Mn |
| Sep 30, 2020 | 300.00 Mn |
| Jun 30, 2020 | 300.00 Mn |
| Mar 31, 2020 | 377.00 Mn |
| Dec 31, 2019 | 511.00 Mn |
| Sep 30, 2019 | 297.00 Mn |
| Jun 30, 2019 | 987.00 Mn |
| Mar 31, 2019 | 418.00 Mn |
| Dec 31, 2018 | 269.00 Mn |
| Sep 30, 2018 | 117.00 Mn |
| Jun 30, 2018 | 216.00 Mn |
| Mar 31, 2018 | -8.00 Mn |
| Dec 31, 2017 | -1.14 Bn |
| Sep 30, 2017 | 223.00 Mn |
| Jun 30, 2017 | 374.00 Mn |
| Mar 31, 2017 | 215.00 Mn |
| Dec 31, 2016 | 309.00 Mn |
| Sep 30, 2016 | 225.00 Mn |
| Jun 30, 2016 | 415.00 Mn |
| Mar 31, 2016 | 263.00 Mn |
| Dec 31, 2015 | 219.00 Mn |
| Sep 30, 2015 | 283.00 Mn |
| Jun 30, 2015 | 286.00 Mn |
| Mar 31, 2015 | 250.00 Mn |
| Dec 31, 2014 | 250.00 Mn |
| Sep 30, 2014 | 287.00 Mn |
| Jun 30, 2014 | 384.00 Mn |
| Mar 31, 2014 | 231.00 Mn |
| Dec 31, 2013 | 289.00 Mn |
| Sep 30, 2013 | 255.00 Mn |
| Jun 30, 2013 | 300.00 Mn |
| Mar 31, 2013 | 231.00 Mn |
| Dec 31, 2012 | 224.00 Mn |
| Sep 30, 2012 | 215.00 Mn |
| Jun 30, 2012 | 293.00 Mn |
| Mar 31, 2012 | 223.00 Mn |
| Dec 31, 2011 | 337.00 Mn |
| Sep 30, 2011 | 237.00 Mn |
| Jun 30, 2011 | 254.00 Mn |
| Mar 31, 2011 | 305.00 Mn |
| Dec 31, 2010 | 197.00 Mn |
| Sep 30, 2010 | 186.00 Mn |
| Jun 30, 2010 | 107.00 Mn |
| Mar 31, 2010 | 173.00 Mn |
| Dec 31, 2009 | 139.00 Mn |
| Sep 30, 2009 | 104.00 Mn |
| Jun 30, 2009 | 185.00 Mn |
| Mar 31, 2009 | 119.00 Mn |