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Warner Bros. Discovery (WBD) EBT (2016 - 2026)

Warner Bros. Discovery filings provide 17 years of EBT readings, the most recent being -$408.0 million for Q4 2025.

  • On a quarterly basis, EBT fell 14.61% to -$408.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.6 billion, a 114.39% increase, with the full-year FY2025 number at $1.6 billion, up 114.39% from a year prior.
  • EBT hit -$408.0 million in Q4 2025 for Warner Bros. Discovery, down from $27.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $2.5 billion in Q2 2025 to a low of -$10.0 billion in Q2 2024.
  • Median EBT over the past 5 years was -$421.0 million (2025), compared with a mean of -$1.1 billion.
  • The widest YoY moves for EBT: up 127.61% in 2022, down 1488.52% in 2022.
  • Warner Bros. Discovery's EBT stood at $183.0 million in 2021, then plummeted by 1488.52% to -$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.
  • The last three reported values for EBT were -$408.0 million (Q4 2025), $27.0 million (Q3 2025), and $2.5 billion (Q2 2025) per Business Quant data.