Warner Bros. Discovery (WBD) Retained Earnings (2009 - 2026)

Warner Bros. Discovery (WBD) reported Retained Earnings of -$14.4 billion for Q1 2026, down 1617.62% on a YoY basis from $950.7 million in Q1 2025, and down 25.33% quarter-over-quarter from -$11.5 billion in Q4 2025.

Warner Bros. Discovery (WBD) Retained Earnings (2009 - 2026) Analysis & Trends

Warner Bros. Discovery has reported Retained Earnings for 18 years, with the latest figure at -$14.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 1617.62% year-over-year to -$14.4 billion; the trailing twelve-month figure through Mar 2026 stood at -$14.4 billion (down 1617.62% YoY), and the FY2025 full-year result was -$11.5 billion, down 978.91% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$14.4 billion, down from -$11.5 billion in the prior quarter.
  • The five-year high for Retained Earnings was $10.0 billion in Q1 2022, with the low at -$14.4 billion in Q1 2026.
  • Historically, Retained Earnings has averaged -$2.7 billion across 5 years, with a median of -$1.0 billion in 2023.
  • Annual changes were most pronounced in 2022 — Retained Earnings jumped 1826.85% — and 2026, when it plunged 1617.62%.
  • Warner Bros. Discovery's Retained Earnings stood at $2.2 billion in 2022, then plunged by 133.61% to -$741.0 million in 2023, then plunged by 43.99% to -$1.1 billion in 2024, then plunged by 978.91% to -$11.5 billion in 2025, then fell by 25.33% to -$14.4 billion in 2026.
  • The last three Retained Earnings figures came in at -$14.4 billion (Q1 2026), -$11.5 billion (Q4 2025), and -$431.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 47.56 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 62.39 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -14.43 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - -449.36 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -1.43 Bn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 7.84 Bn
7 Fox 20.41 Bn 16.92 Bn - -124.00 Mn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -493,000.00
9 News 15.92 Bn 14.45 Bn - -1.54 Bn
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn -1.38 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.43 Bn
Dec 31, 2025 -11.51 Bn
Sep 30, 2025 -431.00 Mn
Jun 30, 2025 -11.11 Bn
Mar 31, 2025 -840.00 Mn
Dec 31, 2024 -1.07 Bn
Sep 30, 2024 -401.00 Mn
Jun 30, 2024 -11.88 Bn
Mar 31, 2024 -913.00 Mn
Dec 31, 2023 -741.00 Mn
Sep 30, 2023 -1.43 Bn
Jun 30, 2023 -1.04 Bn
Mar 31, 2023 1.13 Bn
Dec 31, 2022 2.21 Bn
Sep 30, 2022 -2.12 Bn
Jun 30, 2022 -1.45 Bn
Mar 31, 2022 10.03 Bn
Dec 31, 2021 -830.00 Mn
Sep 30, 2021 9.52 Bn
Jun 30, 2021 -585.00 Mn