Warner Bros. Discovery (WBD) Operating Income (2009 - 2026)
Warner Bros. Discovery (WBD) posted Operating Income of -$2.5 billion for Q1 2026, down 807.45% quarter-over-quarter from $349.0 million in Q4 2025, and down 6572.97% year-on-year from $38.1 million in Q1 2025.
Warner Bros. Discovery (WBD) Operating Income (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Operating Income for 18 consecutive years, with -$2.5 billion the latest figure, recorded in Q1 2026.
- Operating Income for Q1 2026 came in at -$2.5 billion, down 6572.97% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.7 billion (up 82.72% YoY), and the FY2025 annual result was $738.0 million, up 107.36% from the prior year.
- Operating Income was -$2.5 billion for Q1 2026 at Warner Bros. Discovery, down from $349.0 million in the prior quarter.
- Over five years, Operating Income peaked at $611.0 million in Q3 2025 and troughed at -$10.2 billion in Q2 2024.
- Average Operating Income over 5 years is -$1.2 billion, with a median of -$185.0 million recorded in 2025.
- Year-over-year, Operating Income soared 189.69% in 2024 and slumped 6572.97% in 2026.
- Over 5 years, Operating Income stood at -$1.9 billion in 2022, then surged by 90.39% to -$182.0 million in 2023, then surged by 189.01% to $162.0 million in 2024, then jumped by 115.43% to $349.0 million in 2025, then slumped by 807.45% to -$2.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$2.5 billion in Q1 2026, $349.0 million in Q4 2025, and $611.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Leifras | 65,924.76 Bn | 65,924.74 Bn | 5.99 Mn | 963,717.00 |
| 2 | Netflix | 313.29 Bn | 301.00 Bn | 11.41 Bn | 3.96 Bn |
| 3 | Walt Disney | 169.09 Bn | 170.02 Bn | 23.68 Bn | 2.31 Bn |
| 4 | Warner Bros. Discovery | 66.81 Bn | 64.68 Bn | 4.25 Bn | -2.47 Bn |
| 5 | Live Nation Entertainment | 42.77 Bn | 34.31 Bn | 1.31 Bn | -370.52 Mn |
| 6 | Roku | 20.73 Bn | 18.35 Bn | 564.94 Mn | 51.77 Mn |
| 7 | Fox | 20.53 Bn | 17.04 Bn | - | - |
| 8 | Paramount Skydance | 11.21 Bn | 9.13 Bn | - | -889.00 Mn |
| 9 | Warner Music | 10.40 Bn | 9.76 Bn | 802.00 Mn | 264.00 Mn |
| 10 | Sirius Xm Holdings | 10.06 Bn | 9.99 Bn | 1.90 Bn | 454.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.47 Bn |
| Dec 31, 2025 | 349.00 Mn |
| Sep 30, 2025 | 611.00 Mn |
| Jun 30, 2025 | -185.00 Mn |
| Mar 31, 2025 | -37.00 Mn |
| Dec 31, 2024 | 162.00 Mn |
| Sep 30, 2024 | 281.00 Mn |
| Jun 30, 2024 | -10.21 Bn |
| Mar 31, 2024 | -267.00 Mn |
| Dec 31, 2023 | -182.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | -906.00 Mn |
| Mar 31, 2023 | -557.00 Mn |
| Dec 31, 2022 | -1.89 Bn |
| Sep 30, 2022 | -2.19 Bn |
| Jun 30, 2022 | -3.64 Bn |
| Mar 31, 2022 | 353.00 Mn |
| Dec 31, 2021 | 508.00 Mn |
| Sep 30, 2021 | 329.00 Mn |
| Jun 30, 2021 | 779.00 Mn |