Warner Bros. Discovery (WBD) Goodwill & Intangibles (2009 - 2026)
Warner Bros. Discovery (WBD) recorded Goodwill & Intangibles of $51.78 billion in Q2 2026, down 7.3% from $55.85 billion a year earlier and down 1.7% from the prior quarter.
Warner Bros. Discovery (WBD) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Warner Bros. Discovery reported Goodwill & Intangibles of $53.7 billion, down 7.4% from FY2024.
- Annual Goodwill & Intangibles has declined for three straight years, though with a five-year compound annual growth rate of 21.0% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $57.97 billion in FY2024 (-20.9%), $73.25 billion in FY2023 (-7.8%), $79.42 billion in FY2022 (+313.0%) and $19.23 billion in FY2021 (-7.2%).
- The Q2 2026 figure is the lowest quarterly Goodwill & Intangibles since Q1 2022.
- On a year-over-year basis, Goodwill & Intangibles has declined for 13 consecutive quarters, with an average decline of 12.5% over the last eight quarters.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 315.6% in Q1 2023, against a decline of 20.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.68 billion (Q1 2026), $53.7 billion (Q4 2025) and $54.71 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn |
| 2 | Fox | 26.41 Bn | 12.32 Bn | - |
| 3 | Omnicom | 20.49 Bn | 3.19 Bn | 1.30 Bn |
| 4 | News | 15.94 Bn | 8.13 Bn | - |
| 5 | Paramount Skydance | 10.35 Bn | 8.27 Bn | - |
| 6 | Pearson | 10.28 Bn | 7.42 Bn | - |
| 7 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn |
| 8 | Sirius Xm Holdings | 8.64 Bn | 8.22 Bn | 1.44 Bn |
| 9 | 36Kr Holdings | 6.29 Bn | 6.23 Bn | - |
| 10 | Wpp | 5.45 Bn | -6.36 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.78 Bn |
| Mar 31, 2026 | 52.68 Bn |
| Dec 31, 2025 | 53.70 Bn |
| Sep 30, 2025 | 54.71 Bn |
| Jun 30, 2025 | 55.85 Bn |
| Mar 31, 2025 | 56.78 Bn |
| Dec 31, 2024 | 57.97 Bn |
| Sep 30, 2024 | 59.64 Bn |
| Jun 30, 2024 | 60.90 Bn |
| Mar 31, 2024 | 71.54 Bn |
| Dec 31, 2023 | 73.25 Bn |
| Sep 30, 2023 | 74.60 Bn |
| Jun 30, 2023 | 76.50 Bn |
| Mar 31, 2023 | 77.90 Bn |
| Dec 31, 2022 | 79.42 Bn |
| Sep 30, 2022 | 81.19 Bn |
| Jun 30, 2022 | 83.00 Bn |
| Mar 31, 2022 | 18.75 Bn |
| Dec 31, 2021 | 19.23 Bn |
| Sep 30, 2021 | 19.74 Bn |
Warner Bros. Discovery Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=WBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();