Warner Bros. Discovery (WBD) Invested Capital (2009 - 2026)

Warner Bros. Discovery (WBD) has 18 years of Invested Capital data on file, last reported at $66.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Invested Capital fell 8.82% year-over-year to $66.2 billion; the trailing twelve-month figure through Mar 2026 stood at $66.2 billion (down 8.82% YoY), and the FY2025 full-year result was $68.5 billion, down 7.87% from the prior year.
• Invested Capital for Q1 2026 stood at $66.2 billion, down from $68.5 billion in the prior quarter.
• Across five years, Invested Capital topped out at $105.1 billion in Q2 2022 and bottomed at $27.6 billion in Q1 2022.
• The 5-year median for Invested Capital is $76.3 billion (2024), against an average of $80.3 billion.
• The widest annual swing landed in 2022, when Invested Capital soared 275.4%; it then retreated 18.67% in 2024.
• A 5-year view of Invested Capital shows it stood at $97.3 billion in 2022, then declined by 7.57% to $90.0 billion in 2023, then slipped by 17.38% to $74.3 billion in 2024, then declined by 7.87% to $68.5 billion in 2025, then dropped by 3.38% to $66.2 billion in 2026.
• The last three Invested Capital figures came in at $66.2 billion (Q1 2026), $68.5 billion (Q4 2025), and $70.8 billion (Q3 2025), per Business Quant data.

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