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| Date | Value |
|---|---|
| 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 |