Warner Bros. Discovery (WBD) Market Capitalization (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Market Capitalization came in at $66.9 billion in Q2 2026, up 135.74% on a YoY basis from $28.4 billion in Q2 2025, and down 2.87% quarter-over-quarter from $68.8 billion in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Market Capitalization (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Market Capitalization for 18 consecutive years, with $66.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Market Capitalization rose 135.74% year-over-year to $66.9 billion; the trailing twelve-month figure through Jun 2026 stood at $66.9 billion (up 135.74% YoY), and the FY2025 full-year result was $71.5 billion, up 175.55% from the prior year.
- Market Capitalization eased to $66.9 billion in Q2 2026 per WBD's latest filing, from $68.8 billion in the prior quarter.
- Across five years, Market Capitalization topped out at $71.5 billion in Q4 2025 and bottomed at $14.7 billion in Q1 2022.
- Historically, Market Capitalization has averaged $34.0 billion across 5 years, with a median of $27.8 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Market Capitalization slumped 66.29% in 2022, then soared 175.55% in 2025.
- Over 5 years, Market Capitalization stood at $18.4 billion in 2022, then surged by 50.92% to $27.8 billion in 2023, then fell by 6.55% to $25.9 billion in 2024, then jumped by 175.55% to $71.5 billion in 2025, then decreased by 6.45% to $66.9 billion in 2026.
- According to Business Quant data, Market Capitalization over the past three periods registered $66.9 billion, $68.8 billion, and $71.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 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 |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.86 Bn |
| Mar 31, 2026 | 68.84 Bn |
| Dec 31, 2025 | 71.47 Bn |
| Sep 30, 2025 | 48.38 Bn |
| Jun 30, 2025 | 28.36 Bn |
| Mar 31, 2025 | 26.54 Bn |
| Dec 31, 2024 | 25.94 Bn |
| Sep 30, 2024 | 20.23 Bn |
| Jun 30, 2024 | 18.24 Bn |
| Mar 31, 2024 | 21.38 Bn |
| Dec 31, 2023 | 27.76 Bn |
| Sep 30, 2023 | 26.48 Bn |
| Jun 30, 2023 | 30.56 Bn |
| Mar 31, 2023 | 36.78 Bn |
| Dec 31, 2022 | 18.39 Bn |
| Sep 30, 2022 | 27.93 Bn |
| Jun 30, 2022 | 32.58 Bn |
| Mar 31, 2022 | 14.73 Bn |
| Dec 31, 2021 | 23.84 Bn |
| Sep 30, 2021 | 25.71 Bn |