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
DateValue
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