Warner Bros. Discovery (WBD) Intangibles (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Intangibles came in at $26.8 billion in Q1 2026, down 13.63% YoY from $31.0 billion in Q1 2025, and down 3.46% on a QoQ basis from $27.8 billion in Q4 2025.
Warner Bros. Discovery (WBD) Intangibles (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Intangibles data on file, last reported at $26.8 billion in Q1 2026.
- Quarterly Intangibles fell 13.63% year-over-year to $26.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.8 billion (down 13.63% YoY) and the FY2025 annual result came in at $27.8 billion, down 14.04% from the prior year.
- Intangibles declined to $26.8 billion in Q1 2026, from $27.8 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $48.7 billion in Q2 2022 to a low of $5.9 billion in Q1 2022.
- A 5-year average of $34.8 billion and a median of $35.2 billion in 2024 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2022 — Intangibles retreated 19.8% — and 2023, when it soared 636.23%.
- Tracing WBD's Intangibles over 5 years: stood at $45.0 billion in 2022, then declined by 14.89% to $38.3 billion in 2023, then fell by 15.64% to $32.3 billion in 2024, then fell by 14.04% to $27.8 billion in 2025, then retreated by 3.46% to $26.8 billion in 2026.
- The last three Intangibles figures came in at $26.8 billion (Q1 2026), $27.8 billion (Q4 2025), and $28.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | - |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 9.79 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 25.92 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.21 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.87 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 4.84 Bn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 42.47 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 1.84 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 3.15 Bn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 6.24 Bn |
Historic Data
Download 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 |