Growth Metrics

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 🔒
DateValue
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