Warner Bros. Discovery WBD
NASDAQ WBD
$28.13 -0.13 (-0.44%)
As of: Sep 8, 2026 · 3:59 PM EDT

Warner Bros. Discovery (WBD) Intangibles (2009 - 2026)

Warner Bros. Discovery's (WBD) quarterly Intangibles came in at $25.9 billion in Q2 2026, down 13.32% on a YoY basis from $29.9 billion in Q2 2025, and down 3.29% quarter-over-quarter from $26.8 billion in Q1 2026.

Analysis

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

Warner Bros. Discovery (WBD) has reported Intangibles for 18 consecutive years, with $25.9 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Intangibles fell 13.32% year-over-year to $25.9 billion; the trailing twelve-month figure through Jun 2026 stood at $25.9 billion (down 13.32% YoY), and the FY2025 full-year result was $27.8 billion, down 14.04% from the prior year.
  • Intangibles fell to $25.9 billion in Q2 2026 per WBD's latest filing, from $26.8 billion in the prior quarter.
  • Across five years, Intangibles topped out at $48.7 billion in Q2 2022 and bottomed at $5.9 billion in Q1 2022.
  • Historically, Intangibles has averaged $34.3 billion across 5 years, with a median of $34.5 billion in 2024.
  • The sharpest annual moves came in 2022 and 2023: Intangibles decreased 19.8% in 2022, then jumped 636.23% in 2023.
  • Over 5 years, Intangibles stood at $45.0 billion in 2022, then retreated by 14.89% to $38.3 billion in 2023, then decreased by 15.64% to $32.3 billion in 2024, then decreased by 14.04% to $27.8 billion in 2025, then decreased by 6.63% to $25.9 billion in 2026.
  • According to Business Quant data, Intangibles over the past three periods registered $25.9 billion, $26.8 billion, and $27.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Warner Bros. Discovery 70.72 Bn 67.35 Bn 4.10 Bn 25.92 Bn
2 Fox 25.12 Bn 20.92 Bn - 2.87 Bn
3 Paramount Skydance 11.97 Bn 8.70 Bn -2.08 Bn 6.24 Bn
4 Versant Media 5.38 Bn 3.90 Bn 994.00 Mn 499.00 Mn
5 Nexstar Media 5.15 Bn 4.94 Bn 1.06 Bn 5.76 Bn
6 Newsmax 1.39 Bn 1.34 Bn 23.33 Mn -
7 AMC Global Media 520.06 Mn 56.06 Mn 258.71 Mn 169.45 Mn
8 Gray Media 470.89 Mn 294.89 Mn 270.00 Mn 5.46 Bn
9 Starz Entertainment 435.29 Mn 333.19 Mn - 627.90 Mn
10 E.W. Scripps 296.07 Mn 283.02 Mn 196.33 Mn 1.32 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.92 Bn
Mar 31, 2026 26.80 Bn
Dec 31, 2025 27.76 Bn
Sep 30, 2025 28.79 Bn
Jun 30, 2025 29.91 Bn
Mar 31, 2025 31.03 Bn
Dec 31, 2024 32.30 Bn
Sep 30, 2024 33.77 Bn
Jun 30, 2024 35.16 Bn
Mar 31, 2024 36.65 Bn
Dec 31, 2023 38.29 Bn
Sep 30, 2023 39.87 Bn
Jun 30, 2023 41.58 Bn
Mar 31, 2023 43.24 Bn
Dec 31, 2022 44.98 Bn
Sep 30, 2022 46.74 Bn
Jun 30, 2022 48.72 Bn
Mar 31, 2022 5.87 Bn
Dec 31, 2021 6.32 Bn
Sep 30, 2021 6.78 Bn