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| Date | Value |
|---|---|
| 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 |