Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Enterprise Value came in at $64.7 billion in Q2 2026, up 161.22% on a YoY basis from $24.7 billion in Q2 2025, and down 3.08% quarter-over-quarter from $66.7 billion in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Enterprise Value (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Enterprise Value for 18 consecutive years, with $64.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value rose 161.22% year-over-year to $64.7 billion; the trailing twelve-month figure through Jun 2026 stood at $64.7 billion (up 161.22% YoY), and the FY2025 full-year result was $68.1 billion, up 218.11% from the prior year.
- Enterprise Value eased to $64.7 billion in Q2 2026 per WBD's latest filing, from $66.7 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $68.1 billion in Q4 2025 and bottomed at $11.8 billion in Q1 2022.
- Historically, Enterprise Value has averaged $31.4 billion across 5 years, with a median of $25.0 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Enterprise Value tumbled 72.55% in 2022, then surged 218.11% in 2025.
- Over 5 years, Enterprise Value stood at $15.0 billion in 2022, then surged by 61.17% to $24.1 billion in 2023, then decreased by 11.28% to $21.4 billion in 2024, then soared by 218.11% to $68.1 billion in 2025, then slipped by 5.11% to $64.7 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $64.7 billion, $66.7 billion, and $68.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.65 Bn |
| Mar 31, 2026 | 66.71 Bn |
| Dec 31, 2025 | 68.14 Bn |
| Sep 30, 2025 | 45.35 Bn |
| Jun 30, 2025 | 24.75 Bn |
| Mar 31, 2025 | 23.98 Bn |
| Dec 31, 2024 | 21.42 Bn |
| Sep 30, 2024 | 17.85 Bn |
| Jun 30, 2024 | 15.57 Bn |
| Mar 31, 2024 | 19.37 Bn |
| Dec 31, 2023 | 24.14 Bn |
| Sep 30, 2023 | 25.18 Bn |
| Jun 30, 2023 | 28.56 Bn |
| Mar 31, 2023 | 35.23 Bn |
| Dec 31, 2022 | 14.98 Bn |
| Sep 30, 2022 | 26.75 Bn |
| Jun 30, 2022 | 31.24 Bn |
| Mar 31, 2022 | 11.82 Bn |
| Dec 31, 2021 | 20.30 Bn |
| Sep 30, 2021 | 24.03 Bn |