Warner Bros. Discovery (WBD) Revenue (2009 - 2026)
Warner Bros. Discovery (WBD) reported Revenue of $8.9 billion for Q1 2026, down 0.96% on a YoY basis from $9.0 billion in Q1 2025, and down 5.99% quarter-over-quarter from $9.5 billion in Q4 2025.
Warner Bros. Discovery (WBD) Revenue (2009 - 2026) Analysis & Trends
Warner Bros. Discovery has reported Revenue for 18 years, with the latest figure at $8.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Revenue fell 0.96% year-over-year to $8.9 billion; the trailing twelve-month figure through Mar 2026 stood at $37.2 billion (down 2.95% YoY), and the FY2025 full-year result was $37.3 billion, down 5.15% from the prior year.
- Revenue for Q1 2026 stood at $8.9 billion, down from $9.5 billion in the prior quarter.
- The five-year high for Revenue was $11.0 billion in Q4 2022, with the low at $3.2 billion in Q1 2022.
- Historically, Revenue has averaged $9.4 billion across 5 years, with a median of $9.8 billion in 2022.
- Annual changes were most pronounced in 2022 — Revenue soared 245.4% — and 2025, when it declined 9.83%.
- Warner Bros. Discovery's Revenue stood at $11.0 billion in 2022, then dropped by 6.58% to $10.3 billion in 2023, then decreased by 2.5% to $10.0 billion in 2024, then decreased by 5.65% to $9.5 billion in 2025, then declined by 5.99% to $8.9 billion in 2026.
- The last three Revenue figures came in at $8.9 billion (Q1 2026), $9.5 billion (Q4 2025), and $9.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 12.25 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 25.17 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 8.89 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | 972,000.00 |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 3.79 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 711.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 3.99 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 1.25 Bn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 2.19 Bn |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | 1.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.89 Bn |
| Dec 31, 2025 | 9.46 Bn |
| Sep 30, 2025 | 9.05 Bn |
| Jun 30, 2025 | 9.81 Bn |
| Mar 31, 2025 | 8.98 Bn |
| Dec 31, 2024 | 10.03 Bn |
| Sep 30, 2024 | 9.62 Bn |
| Jun 30, 2024 | 9.71 Bn |
| Mar 31, 2024 | 9.96 Bn |
| Dec 31, 2023 | 10.28 Bn |
| Sep 30, 2023 | 9.98 Bn |
| Jun 30, 2023 | 10.36 Bn |
| Mar 31, 2023 | 10.70 Bn |
| Dec 31, 2022 | 11.01 Bn |
| Sep 30, 2022 | 9.82 Bn |
| Jun 30, 2022 | 9.83 Bn |
| Mar 31, 2022 | 3.16 Bn |
| Dec 31, 2021 | 3.19 Bn |
| Sep 30, 2021 | 3.15 Bn |
| Jun 30, 2021 | 3.06 Bn |