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
DateValue
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