Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026)
Warner Bros. Discovery posted quarterly Enterprise Value of -$2.1 billion for Q1 2026, up 44.47% year-on-year from -$1.5 billion in Q1 2025, and up 53.05% on a QoQ basis from -$4.5 billion in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of Enterprise Value data on file, last reported 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.
- Across five years, Enterprise Value topped out at -$1.6 billion in Q1 2023 and bottomed at -$5.2 billion in Q4 2024.
- The 5-year median for Enterprise Value is -$3.0 billion (2025), against an average of -$3.1 billion.
- The widest annual swing landed in 2022, when Enterprise Value slumped 533.61%; it then jumped 59.32% in 2023.
- A 5-year view of Enterprise Value shows it stood at -$3.4 billion in 2022, then decreased by 5.92% to -$3.6 billion in 2023, then slumped by 43.93% to -$5.2 billion in 2024, then grew by 12.61% to -$4.5 billion in 2025, then jumped 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 | 362.63 Bn | 350.34 Bn | 11.41 Bn | -12.29 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 922.00 Mn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -2.14 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -8.46 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | -3.49 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 674.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | -2.38 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | -1.47 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | -1.69 Bn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -2.08 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 |
| Mar 31, 2021 | -604.00 Mn |
| Dec 31, 2020 | -1.71 Bn |
| Sep 30, 2020 | -1.45 Bn |
| Jun 30, 2020 | -1.24 Bn |
| Mar 31, 2020 | 39.00 Mn |
| Dec 31, 2019 | -1.11 Bn |
| Sep 30, 2019 | 802.00 Mn |
| Jun 30, 2019 | -877.00 Mn |
| Mar 31, 2019 | -305.00 Mn |
| Dec 31, 2018 | 730.00 Mn |
| Sep 30, 2018 | -117.00 Mn |
| Jun 30, 2018 | 18.00 Mn |
| Mar 31, 2018 | -393.00 Mn |
| Dec 31, 2017 | -7.31 Bn |
| Sep 30, 2017 | -6.63 Bn |
| Jun 30, 2017 | 31.00 Mn |
| Mar 31, 2017 | -18.00 Mn |
| Dec 31, 2016 | -57.00 Mn |
| Sep 30, 2016 | 23.00 Mn |
| Jun 30, 2016 | 56.00 Mn |
| Mar 31, 2016 | -85.00 Mn |
| Dec 31, 2015 | -149.00 Mn |
| Sep 30, 2015 | -22.00 Mn |
| Jun 30, 2015 | -231.00 Mn |
| Mar 31, 2015 | -261.00 Mn |
| Dec 31, 2014 | 380.00 Mn |
| Sep 30, 2014 | -374.00 Mn |
| Jun 30, 2014 | -369.00 Mn |
| Mar 31, 2014 | -756.00 Mn |
| Dec 31, 2013 | -407.00 Mn |
| Sep 30, 2013 | -407.00 Mn |
| Jun 30, 2013 | -371.00 Mn |
| Mar 31, 2013 | -2.36 Bn |
| Dec 31, 2012 | -1.20 Bn |
| Sep 30, 2012 | -1.55 Bn |
| Jun 30, 2012 | -1.70 Bn |
| Mar 31, 2012 | -1.04 Bn |
| Dec 31, 2011 | -1.05 Bn |
| Sep 30, 2011 | -1.03 Bn |
| Jun 30, 2011 | -1.09 Bn |
| Mar 31, 2011 | -450.00 Mn |
| Dec 31, 2010 | -458.00 Mn |
| Sep 30, 2010 | -1.02 Bn |
| Jun 30, 2010 | -713.00 Mn |
| Mar 31, 2010 | -666.00 Mn |
| Dec 31, 2009 | -574.00 Mn |
| Sep 30, 2009 | -387.00 Mn |
| Jun 30, 2009 | -324.00 Mn |
| Mar 31, 2009 | -142.00 Mn |