Warner Bros. Discovery (WBD) Equity Average (2009 - 2026)

Warner Bros. Discovery (WBD) reported Equity Average of $34.8 billion for Q1 2026, down 0.5% on a YoY basis from $35.0 billion in Q1 2025, and down 4.88% quarter-over-quarter from $36.6 billion in Q4 2025.

Warner Bros. Discovery (WBD) Equity Average (2009 - 2026) Analysis & Trends

Warner Bros. Discovery has reported Equity Average for 18 years, with the latest figure at $34.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Equity Average fell 0.5% year-over-year to $34.8 billion; the trailing twelve-month figure through Mar 2026 stood at $34.8 billion (down 0.5% YoY), and the FY2025 full-year result was $35.4 billion, down 12.8% from the prior year.
  • Equity Average for Q1 2026 stood at $34.8 billion, down from $36.6 billion in the prior quarter.
  • The five-year high for Equity Average was $51.2 billion in Q3 2022, with the low at $13.1 billion in Q1 2022.
  • Historically, Equity Average has averaged $39.4 billion across 5 years, with a median of $37.3 billion in 2025.
  • Annual changes were most pronounced in 2022 — Equity Average jumped 293.91% — and 2025, when it dropped 23.46%.
  • Warner Bros. Discovery's Equity Average stood at $49.1 billion in 2022, then decreased by 6.06% to $46.1 billion in 2023, then fell by 23.09% to $35.4 billion in 2024, then rose by 3.27% to $36.6 billion in 2025, then dropped by 4.88% to $34.8 billion in 2026.
  • The last three Equity Average figures came in at $34.8 billion (Q1 2026), $36.6 billion (Q4 2025), and $37.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 28.87 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 114.66 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 34.81 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - 87.73 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 377.49 Mn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 7.74 Bn
7 Fox 20.41 Bn 16.92 Bn - 11.00 Bn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 2.66 Bn
9 News 15.92 Bn 14.45 Bn - 9.37 Bn
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 8.85 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.81 Bn
Dec 31, 2025 36.60 Bn
Sep 30, 2025 37.30 Bn
Jun 30, 2025 36.24 Bn
Mar 31, 2025 34.99 Bn
Dec 31, 2024 35.44 Bn
Sep 30, 2024 35.68 Bn
Jun 30, 2024 40.21 Bn
Mar 31, 2024 45.71 Bn
Dec 31, 2023 46.08 Bn
Sep 30, 2023 46.17 Bn
Jun 30, 2023 47.01 Bn
Mar 31, 2023 47.94 Bn
Dec 31, 2022 49.06 Bn
Sep 30, 2022 51.19 Bn
Jun 30, 2022 32.92 Bn
Mar 31, 2022 13.13 Bn
Dec 31, 2021 13.04 Bn
Sep 30, 2021 13.00 Bn
Jun 30, 2021 12.59 Bn