Warner Bros. Discovery (WBD) Net Cash Flow (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Net Cash Flow came in at -$1.2 billion in Q1 2026, up 18.93% YoY from -$1.0 billion in Q1 2025, and down 563.2% on a QoQ basis from $269.0 million in Q4 2025.
Warner Bros. Discovery (WBD) Net Cash Flow (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Net Cash Flow data on file, last reported at -$1.2 billion in Q1 2026.
- Quarterly Net Cash Flow rose 18.93% year-over-year to -$1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$809.0 million (down 235.06% YoY) and the FY2025 annual result came in at -$1.1 billion, down 186.14% from the prior year.
- Net Cash Flow fell to -$1.2 billion in Q1 2026, from $269.0 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $2.1 billion in Q4 2024 to a low of -$1.5 billion in Q1 2025.
- A 5-year average of -$35.4 million and a median of -$208.0 million in 2022 frame the typical range for Net Cash Flow.
- Annual changes were most pronounced in 2022 — Net Cash Flow surged 702.27% — and 2023, when it sank 598.11%.
- Tracing WBD's Net Cash Flow over 5 years: stood at $1.4 billion in 2022, then surged by 33.85% to $1.8 billion in 2023, then gained by 16.86% to $2.1 billion in 2024, then sank by 87.32% to $269.0 million in 2025, then plunged by 563.2% to -$1.2 billion in 2026.
- The last three Net Cash Flow figures came in at -$1.2 billion (Q1 2026), $269.0 million (Q4 2025), and -$588.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | -3.14 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -499.00 Mn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 114.00 Mn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 150.43 Mn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 604.00 Mn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 136.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 353.21 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -76.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | -175.99 Mn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | -1.25 Bn |
| Mar 31, 2026 | -1.25 Bn |
| Dec 31, 2025 | 269.00 Mn |
| Dec 31, 2025 | 269.00 Mn |
| Sep 30, 2025 | -588.00 Mn |
| Sep 30, 2025 | -588.00 Mn |
| Jun 30, 2025 | 756.00 Mn |
| Jun 30, 2025 | 756.00 Mn |
| Mar 31, 2025 | -1.54 Bn |
| Mar 31, 2025 | -1.54 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Sep 30, 2024 | -246.00 Mn |
| Sep 30, 2024 | -246.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Mar 31, 2024 | -859.00 Mn |
| Mar 31, 2024 | -859.00 Mn |