Warner Bros. Discovery (WBD) EBT (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly EBT came in at -$3.1 billion in Q1 2026, down 618.89% YoY 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) EBT (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of EBT data on file, last reported at -$3.1 billion in 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 eased to -$3.1 billion in Q1 2026, from -$408.0 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.
- A 5-year average of -$1.5 billion and a median of -$613.0 million in 2023 frame the typical range for EBT.
- The widest YoY moves for EBT: up 127.61% in 2022, down 1488.52% in 2022.
- Tracing WBD's EBT over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 4.07 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 3.65 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -271.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 518.60 Mn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 921.00 Mn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 33.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 169.39 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 278.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 361.61 Mn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -1.11 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -271.00 Mn |
| 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 |