Warner Bros. Discovery (WBD) Net Income (2009 - 2026)

Warner Bros. Discovery (WBD) reported Net Income of -$2.9 billion for Q1 2026, down 547.22% on a YoY basis from $649.8 million in Q1 2025, and down 1076.52% quarter-over-quarter from -$247.0 million in Q4 2025.

Warner Bros. Discovery (WBD) Net Income (2009 - 2026) Analysis & Trends

Warner Bros. Discovery has reported Net Income for 17 years, with the latest figure at -$2.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 547.22% year-over-year to -$2.9 billion; the trailing twelve-month figure through Mar 2026 stood at -$1.7 billion (up 84.44% YoY), and the FY2025 full-year result was $749.0 million, up 106.52% from the prior year.
  • Net Income for Q1 2026 stood at -$2.9 billion, down from -$247.0 million in the prior quarter.
  • The five-year high for Net Income was $1.6 billion in Q2 2025, with the low at -$10.0 billion in Q2 2024.
  • Historically, Net Income has averaged -$1.4 billion across 5 years, with a median of -$640.0 million in 2024.
  • The largest YoY upside for Net Income was 148.69% in 2022 against a maximum downside of 2384.62% in 2022.
  • Warner Bros. Discovery's Net Income stood at -$2.1 billion in 2022, then jumped by 81.14% to -$392.0 million in 2023, then tumbled by 63.27% to -$640.0 million in 2024, then soared by 61.41% to -$247.0 million in 2025, then slumped by 1076.52% to -$2.9 billion in 2026.
  • The last three Net Income figures came in at -$2.9 billion (Q1 2026), -$247.0 million (Q4 2025), and -$143.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 5.28 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 2.47 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -2.91 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - -711,000.00
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -380.02 Mn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 53.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 175.00 Mn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 85.75 Mn
9 News 15.92 Bn 14.45 Bn - -
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 248.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.91 Bn
Dec 31, 2025 -247.00 Mn
Sep 30, 2025 -143.00 Mn
Jun 30, 2025 1.59 Bn
Mar 31, 2025 -449.00 Mn
Dec 31, 2024 -640.00 Mn
Sep 30, 2024 141.00 Mn
Jun 30, 2024 -10.03 Bn
Mar 31, 2024 -955.00 Mn
Dec 31, 2023 -392.00 Mn
Sep 30, 2023 -407.00 Mn
Jun 30, 2023 -1.22 Bn
Mar 31, 2023 -1.06 Bn
Dec 31, 2022 -2.08 Bn
Sep 30, 2022 -2.29 Bn
Jun 30, 2022 -3.41 Bn
Mar 31, 2022 475.00 Mn
Dec 31, 2021 91.00 Mn
Sep 30, 2021 197.00 Mn
Jun 30, 2021 718.00 Mn