Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026)
Warner Bros. Discovery (WBD) reported Enterprise Value of -$2.1 billion for Q1 2026, up 44.47% on a YoY basis from -$1.5 billion in Q1 2025, and up 53.05% quarter-over-quarter from -$4.5 billion in Q4 2025.
Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026) Analysis & Trends
Warner Bros. Discovery has reported Enterprise Value for 18 years, with the latest figure at -$2.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value rose 44.47% year-over-year to -$2.1 billion; the trailing twelve-month figure through Mar 2026 stood at -$2.1 billion (up 44.47% YoY), and the FY2025 full-year result was -$4.5 billion, up 12.61% from the prior year.
- Enterprise Value for Q1 2026 stood at -$2.1 billion, up from -$4.5 billion in the prior quarter.
- The five-year high for Enterprise Value was -$1.6 billion in Q1 2023, with the low at -$5.2 billion in Q4 2024.
- Historically, Enterprise Value has averaged -$3.1 billion across 5 years, with a median of -$3.0 billion in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value plunged 533.61% — and 2023, when it jumped 59.32%.
- Warner Bros. Discovery's Enterprise Value stood at -$3.4 billion in 2022, then retreated by 5.92% to -$3.6 billion in 2023, then tumbled by 43.93% to -$5.2 billion in 2024, then climbed by 12.61% to -$4.5 billion in 2025, then soared by 53.05% to -$2.1 billion in 2026.
- The last three Enterprise Value figures came in at -$2.1 billion (Q1 2026), -$4.5 billion (Q4 2025), and -$3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | -12.29 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | -18.86 Mn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -8.46 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 674.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | -3.49 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | -2.38 Bn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | -1.47 Bn |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | -1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.14 Bn |
| Dec 31, 2025 | -4.55 Bn |
| Sep 30, 2025 | -3.03 Bn |
| Jun 30, 2025 | -4.87 Bn |
| Mar 31, 2025 | -3.85 Bn |
| Dec 31, 2024 | -5.20 Bn |
| Sep 30, 2024 | -3.22 Bn |
| Jun 30, 2024 | -2.66 Bn |
| Mar 31, 2024 | -2.01 Bn |
| Dec 31, 2023 | -3.62 Bn |
| Sep 30, 2023 | -2.10 Bn |
| Jun 30, 2023 | -2.00 Bn |
| Mar 31, 2023 | -1.56 Bn |
| Dec 31, 2022 | -3.41 Bn |
| Sep 30, 2022 | -2.10 Bn |
| Jun 30, 2022 | -2.25 Bn |
| Mar 31, 2022 | -3.83 Bn |
| Dec 31, 2021 | -3.54 Bn |
| Sep 30, 2021 | -2.76 Bn |
| Jun 30, 2021 | -2.48 Bn |