Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026)
Warner Bros. Discovery (WBD) posted Enterprise Value of -$2.1 billion for Q1 2026, up 36.04% on a QoQ basis from -$3.3 billion in Q4 2025, and up 16.47% year-over-year from -$1.8 billion in Q1 2025.
Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's Enterprise Value history runs 18 years deep, the most recent figure standing at -$2.1 billion for Q1 2026.
- Quarterly Enterprise Value rose 16.47% year-over-year to -$2.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.1 billion (up 16.47% YoY) and the FY2025 annual result came in at -$3.3 billion, up 26.15% from the prior year.
- Enterprise Value was -$2.1 billion for Q1 2026 at Warner Bros. Discovery, up from -$3.3 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$1.2 billion in Q3 2022 and bottomed at -$4.5 billion in Q4 2024.
- A 5-year average of -$2.5 billion and a median of -$2.5 billion in 2022 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value sank 380.79% — and 2023, when it soared 46.38%.
- Warner Bros. Discovery's Enterprise Value stood at -$2.5 billion in 2022, then retreated by 8.96% to -$2.7 billion in 2023, then tumbled by 67.47% to -$4.5 billion in 2024, then gained by 26.15% to -$3.3 billion in 2025, then soared by 36.04% to -$2.1 billion in 2026.
- Business Quant data shows WBD's Enterprise Value at -$2.1 billion in Q1 2026, -$3.3 billion in Q4 2025, and -$3.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | -9.13 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -8.46 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | -658.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | -2.38 Bn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | -1.69 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | -3.49 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | -1.47 Bn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | -75.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.14 Bn |
| Dec 31, 2025 | -3.34 Bn |
| Sep 30, 2025 | -3.03 Bn |
| Jun 30, 2025 | -3.61 Bn |
| Mar 31, 2025 | -2.56 Bn |
| Dec 31, 2024 | -4.52 Bn |
| Sep 30, 2024 | -2.38 Bn |
| Jun 30, 2024 | -2.66 Bn |
| Mar 31, 2024 | -2.01 Bn |
| Dec 31, 2023 | -2.70 Bn |
| Sep 30, 2023 | -1.30 Bn |
| Jun 30, 2023 | -2.00 Bn |
| Mar 31, 2023 | -1.56 Bn |
| Dec 31, 2022 | -2.48 Bn |
| Sep 30, 2022 | -1.18 Bn |
| Jun 30, 2022 | -1.34 Bn |
| Mar 31, 2022 | -2.90 Bn |
| Dec 31, 2021 | -2.47 Bn |
| Sep 30, 2021 | -1.69 Bn |
| Jun 30, 2021 | -1.42 Bn |