Warner Bros. Discovery (WBD) Free Cash Flow (2009 - 2026)

Warner Bros. Discovery's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$476.0 million for Q1 2026.

• Quarterly Free Cash Flow fell 257.62% year-over-year to -$476.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (down 46.76% YoY) and the FY2025 annual result came in at $3.1 billion, down 30.25% from the prior year.
• Free Cash Flow was -$476.0 million for Q1 2026 at Warner Bros. Discovery, down from $1.4 billion in the prior quarter.
• Across five years, Free Cash Flow topped out at $3.3 billion in Q4 2023 and bottomed at -$930.0 million in Q1 2023.
• A 5-year average of $971.6 million and a median of $702.0 million in 2025 frame the typical range for Free Cash Flow.
• Peak annual rise in Free Cash Flow reached 1172.4% in 2023, while the deepest fall reached 490.76% in 2023.
• Warner Bros. Discovery's Free Cash Flow stood at $2.5 billion in 2022, then surged by 33.36% to $3.3 billion in 2023, then dropped by 26.62% to $2.4 billion in 2024, then plunged by 43.06% to $1.4 billion in 2025, then slumped by 134.42% to -$476.0 million in 2026.
• Business Quant data shows WBD's Free Cash Flow at -$476.0 million in Q1 2026, $1.4 billion in Q4 2025, and $701.0 million in Q3 2025.