Warner Bros. Discovery (WBD) EBT (2009 - 2026)
Warner Bros. Discovery posted quarterly EBT of -$3.1 billion for Q1 2026, down 618.89% year-on-year from $601.3 million in Q1 2025, and down 664.71% on a QoQ basis from -$408.0 million in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of EBT data on file, last reported 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.
- Across five years, EBT topped out at $2.5 billion in Q2 2025 and bottomed at -$10.0 billion in Q2 2024.
- The 5-year median for EBT is -$613.0 million (2023), against an average of -$1.5 billion.
- Peak annual rise in EBT reached 127.61% in 2022, while the deepest fall reached 1488.52% in 2022.
- A 5-year view of EBT shows it stood at -$2.5 billion in 2022, then jumped by 75.88% to -$613.0 million in 2023, then surged by 41.92% to -$356.0 million in 2024, then retreated by 14.61% to -$408.0 million in 2025, then sank 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 | 362.63 Bn | 350.34 Bn | 11.41 Bn | 6.55 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 3.37 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -3.12 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -412.10 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 236.00 Mn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 58.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 88.65 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 189.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 282.14 Mn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -932.00 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 |
| Mar 31, 2021 | 297.00 Mn |
| Dec 31, 2020 | 416.00 Mn |
| Sep 30, 2020 | 319.00 Mn |
| Jun 30, 2020 | 456.00 Mn |
| Mar 31, 2020 | 537.00 Mn |
| Dec 31, 2019 | 563.00 Mn |
| Sep 30, 2019 | 444.00 Mn |
| Jun 30, 2019 | 716.00 Mn |
| Mar 31, 2019 | 571.00 Mn |
| Dec 31, 2018 | 494.00 Mn |
| Sep 30, 2018 | 178.00 Mn |
| Jun 30, 2018 | 367.00 Mn |
| Mar 31, 2018 | -17.00 Mn |
| Dec 31, 2017 | -1.05 Bn |
| Sep 30, 2017 | 164.00 Mn |
| Jun 30, 2017 | 473.00 Mn |
| Mar 31, 2017 | 276.00 Mn |
| Dec 31, 2016 | 460.00 Mn |
| Sep 30, 2016 | 321.00 Mn |
| Jun 30, 2016 | 510.00 Mn |
| Mar 31, 2016 | 380.00 Mn |
| Dec 31, 2015 | 343.00 Mn |
| Sep 30, 2015 | 413.00 Mn |
| Jun 30, 2015 | 428.00 Mn |
| Mar 31, 2015 | 375.00 Mn |
| Dec 31, 2014 | 364.00 Mn |
| Sep 30, 2014 | 442.00 Mn |
| Jun 30, 2014 | 592.00 Mn |
| Mar 31, 2014 | 349.00 Mn |
| Dec 31, 2013 | 459.00 Mn |
| Sep 30, 2013 | 419.00 Mn |
| Jun 30, 2013 | 481.00 Mn |
| Mar 31, 2013 | 377.00 Mn |
| Dec 31, 2012 | 405.00 Mn |
| Sep 30, 2012 | 349.00 Mn |
| Jun 30, 2012 | 421.00 Mn |
| Mar 31, 2012 | 343.00 Mn |
| Dec 31, 2011 | 346.00 Mn |
| Sep 30, 2011 | 367.00 Mn |
| Jun 30, 2011 | 398.00 Mn |
| Mar 31, 2011 | 451.00 Mn |
| Dec 31, 2010 | 334.00 Mn |
| Sep 30, 2010 | 247.00 Mn |
| Jun 30, 2010 | 151.00 Mn |
| Mar 31, 2010 | 220.00 Mn |
| Dec 31, 2009 | 245.00 Mn |
| Sep 30, 2009 | 155.00 Mn |
| Jun 30, 2009 | 446.00 Mn |
| Mar 31, 2009 | 193.00 Mn |