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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |