Warner Bros. Discovery (WBD) Restructuring Costs (2009 - 2026)
Warner Bros. Discovery (WBD) posted Restructuring Costs of $204.0 million for Q1 2026, up 15.25% on a QoQ basis from $177.0 million in Q4 2025, and up 277.78% year-over-year from $54.0 million in Q1 2025.
Warner Bros. Discovery (WBD) Restructuring Costs (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's Restructuring Costs history runs 18 years deep, the most recent figure standing at $204.0 million for Q1 2026.
- Quarterly Restructuring Costs rose 277.78% year-over-year to $204.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $549.0 million (up 17.81% YoY) and the FY2025 annual result came in at $399.0 million, down 10.74% from the prior year.
- Restructuring Costs was $204.0 million for Q1 2026 at Warner Bros. Discovery, up from $177.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $1.5 billion in Q3 2022 and bottomed at $5.0 million in Q1 2022.
- A 5-year average of $317.2 million and a median of $117.0 million in 2024 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2022 — Restructuring Costs surged 39833.33% — and 2024, when it tumbled 96.65%.
- Warner Bros. Discovery's Restructuring Costs stood at $1.2 billion in 2022, then plunged by 93.74% to $75.0 million in 2023, then surged by 281.33% to $286.0 million in 2024, then tumbled by 38.11% to $177.0 million in 2025, then increased by 15.25% to $204.0 million in 2026.
- Business Quant data shows WBD's Restructuring Costs at $204.0 million in Q1 2026, $177.0 million in Q4 2025, and $88.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 204.00 Mn |
| Dec 31, 2025 | 177.00 Mn |
| Sep 30, 2025 | 88.00 Mn |
| Jun 30, 2025 | 80.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 117.00 Mn |
| Mar 31, 2024 | 35.00 Mn |
| Dec 31, 2023 | 75.00 Mn |
| Sep 30, 2023 | 269.00 Mn |
| Jun 30, 2023 | 146.00 Mn |
| Mar 31, 2023 | 95.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.52 Bn |
| Jun 30, 2022 | 1.03 Bn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 3.00 Mn |
| Sep 30, 2021 | 7.00 Mn |
| Jun 30, 2021 | 7.00 Mn |