Warner Bros. Discovery (WBD) EBT (2009 - 2026)
Warner Bros. Discovery (WBD) reported EBT of -$3.1 billion for Q1 2026, down 618.89% on a YoY basis from $601.3 million in Q1 2025, and down 664.71% quarter-over-quarter from -$408.0 million in Q4 2025.
Warner Bros. Discovery (WBD) EBT (2009 - 2026) Analysis & Trends
Warner Bros. Discovery has reported EBT for 18 years, with the latest figure at -$3.1 billion in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 618.89% year-over-year to -$3.1 billion; the trailing twelve-month figure through Mar 2026 stood at -$1.0 billion (up 90.48% YoY), and the FY2025 full-year result was $1.6 billion, up 114.39% from the prior year.
- EBT for Q1 2026 stood at -$3.1 billion, down from -$408.0 million in the prior quarter.
- The five-year high for EBT was $2.5 billion in Q2 2025, with the low at -$10.0 billion in Q2 2024.
- Historically, EBT has averaged -$1.5 billion across 5 years, with a median of -$613.0 million in 2023.
- The largest YoY upside for EBT was 127.61% in 2022 against a maximum downside of 1488.52% in 2022.
- Warner Bros. Discovery's EBT stood at -$2.5 billion in 2022, then soared by 75.88% to -$613.0 million in 2023, then jumped by 41.92% to -$356.0 million in 2024, then fell by 14.61% to -$408.0 million in 2025, then slumped by 664.71% to -$3.1 billion in 2026.
- The last three EBT figures came in at -$3.1 billion (Q1 2026), -$408.0 million (Q4 2025), and $27.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 6.55 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 3.37 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -3.12 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -412.10 Mn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 58.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 236.00 Mn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 88.65 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 189.00 Mn |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | 282.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.12 Bn |
| Dec 31, 2025 | -408.00 Mn |
| Sep 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | -434.00 Mn |
| Dec 31, 2024 | -356.00 Mn |
| Sep 30, 2024 | -178.00 Mn |
| Jun 30, 2024 | -10.04 Bn |
| Mar 31, 2024 | -819.00 Mn |
| Dec 31, 2023 | -613.00 Mn |
| Sep 30, 2023 | -532.00 Mn |
| Jun 30, 2023 | -1.48 Bn |
| Mar 31, 2023 | -1.24 Bn |
| Dec 31, 2022 | -2.54 Bn |
| Sep 30, 2022 | -2.85 Bn |
| Jun 30, 2022 | -4.24 Bn |
| Mar 31, 2022 | 676.00 Mn |
| Dec 31, 2021 | 183.00 Mn |
| Sep 30, 2021 | 233.00 Mn |
| Jun 30, 2021 | 720.00 Mn |