Growth Metrics

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

Warner Bros. Discovery posted quarterly Equity Average of $34.8 billion for Q1 2026, down 0.5% year-on-year from $35.0 billion in Q1 2025, and down 4.88% on a QoQ basis from $36.6 billion in Q4 2025.

Warner Bros. Discovery (WBD) has 18 years of Equity Average data on file, last reported 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.
  • Across five years, Equity Average topped out at $51.2 billion in Q3 2022 and bottomed at $13.1 billion in Q1 2022.
  • The 5-year median for Equity Average is $37.3 billion (2025), against an average of $39.4 billion.
  • The widest annual swing landed in 2022, when Equity Average jumped 293.91%; it then dropped 23.46% in 2025.
  • A 5-year view of Equity Average shows it stood at $49.1 billion in 2022, then slipped by 6.06% to $46.1 billion in 2023, then retreated by 23.09% to $35.4 billion in 2024, then gained by 3.27% to $36.6 billion in 2025, then declined 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 362.63 Bn 350.34 Bn 11.41 Bn 28.87 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 114.66 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 34.81 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 377.49 Mn
5 Fox 26.01 Bn 22.51 Bn - 11.00 Bn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 7.74 Bn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 2.66 Bn
8 News 16.98 Bn 15.50 Bn - 9.37 Bn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 8.85 Bn
10 Paramount Skydance 12.11 Bn 10.03 Bn - 11.85 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
Mar 31, 2021 12.11 Bn
Dec 31, 2020 11.80 Bn
Sep 30, 2020 11.48 Bn
Jun 30, 2020 11.16 Bn
Mar 31, 2020 11.24 Bn
Dec 31, 2019 11.33 Bn
Sep 30, 2019 11.18 Bn
Jun 30, 2019 10.76 Bn
Mar 31, 2019 10.20 Bn
Dec 31, 2018 9.96 Bn
Sep 30, 2018 9.72 Bn
Jun 30, 2018 9.61 Bn
Mar 31, 2018 7.10 Bn
Dec 31, 2017 2.00 Bn
Sep 30, 2017 -295.50 Mn
Jun 30, 2017 2.68 Bn
Mar 31, 2017 5.25 Bn
Dec 31, 2016 5.19 Bn
Sep 30, 2016 5.27 Bn
Jun 30, 2016 5.36 Bn
Mar 31, 2016 5.41 Bn
Dec 31, 2015 5.55 Bn
Sep 30, 2015 5.57 Bn
Jun 30, 2015 5.39 Bn
Mar 31, 2015 5.45 Bn
Dec 31, 2014 5.74 Bn
Sep 30, 2014 5.96 Bn
Jun 30, 2014 6.11 Bn
Mar 31, 2014 6.19 Bn
Dec 31, 2013 6.21 Bn
Sep 30, 2013 6.25 Bn
Jun 30, 2013 6.26 Bn
Mar 31, 2013 6.27 Bn
Dec 31, 2012 6.28 Bn
Sep 30, 2012 6.37 Bn
Jun 30, 2012 6.52 Bn
Mar 31, 2012 6.54 Bn
Dec 31, 2011 6.46 Bn
Sep 30, 2011 6.46 Bn
Jun 30, 2011 6.46 Bn
Mar 31, 2011 6.32 Bn
Dec 31, 2010 6.46 Bn
Sep 30, 2010 6.60 Bn
Jun 30, 2010 6.45 Bn
Mar 31, 2010 6.31 Bn
Dec 31, 2009 6.12 Bn
Sep 30, 2009 5.97 Bn
Jun 30, 2009 5.80 Bn
Mar 31, 2009 5.62 Bn