Warner Bros. Discovery (WBD) EBT (2009 - 2026)
Warner Bros. Discovery (WBD) posted EBT of -$3.1 billion for Q1 2026, down 664.71% on a QoQ basis from -$408.0 million in Q4 2025, and down 618.89% year-over-year from $601.3 million in Q1 2025.
Warner Bros. Discovery (WBD) EBT (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's EBT history runs 18 years deep, the most recent figure standing at -$3.1 billion for Q1 2026.
- Quarterly EBT fell 618.89% year-over-year to -$3.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (up 90.48% YoY) and the FY2025 annual result came in at $1.6 billion, up 114.39% from the prior year.
- EBT was -$3.1 billion for Q1 2026 at Warner Bros. Discovery, down from -$408.0 million in the prior quarter.
- Across five years, EBT topped out at $2.5 billion in Q2 2025 and bottomed at -$10.0 billion in Q2 2024.
- A 5-year average of -$1.5 billion and a median of -$613.0 million in 2023 frame the typical range for EBT.
- Peak annual rise in EBT reached 127.61% in 2022, while the deepest fall reached 1488.52% in 2022.
- Warner Bros. Discovery's EBT stood at -$2.5 billion in 2022, then surged by 75.88% to -$613.0 million in 2023, then soared by 41.92% to -$356.0 million in 2024, then decreased by 14.61% to -$408.0 million in 2025, then plunged by 664.71% to -$3.1 billion in 2026.
- Business Quant data shows WBD's EBT at -$3.1 billion in Q1 2026, -$408.0 million in Q4 2025, and $27.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 4.07 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 3.37 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -3.12 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -412.10 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 58.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 88.65 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 282.10 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 236.00 Mn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 189.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 326.00 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 |