Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Enterprise Value came in at -$2.1 billion in Q1 2026, up 16.47% YoY from -$1.8 billion in Q1 2025, and up 36.04% on a QoQ basis from -$3.3 billion in Q4 2025.
Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Enterprise Value data on file, last reported at -$2.1 billion in 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 advanced to -$2.1 billion in Q1 2026, from -$3.3 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$1.2 billion in Q3 2022 to a low of -$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 slumped 380.79% — and 2023, when it soared 46.38%.
- Tracing WBD's Enterprise Value over 5 years: stood at -$2.5 billion in 2022, then declined by 8.96% to -$2.7 billion in 2023, then sank by 67.47% to -$4.5 billion in 2024, then increased by 26.15% to -$3.3 billion in 2025, then jumped by 36.04% to -$2.1 billion in 2026.
- The last three Enterprise Value figures came in at -$2.1 billion (Q1 2026), -$3.3 billion (Q4 2025), and -$3.0 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | -9.13 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 1.63 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -2.21 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | -8.01 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | -4.11 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | -706.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | -2.56 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -1.39 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | -1.52 Bn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -2.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.21 Bn |
| 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 |