Warner Bros. Discovery (WBD) Revenue (2009 - 2026)

Warner Bros. Discovery (WBD) posted Revenue of $8.9 billion for Q1 2026, down 5.99% on a QoQ basis from $9.5 billion in Q4 2025, and down 0.96% year-over-year from $9.0 billion in Q1 2025.

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

Warner Bros. Discovery's Revenue history runs 18 years deep, the most recent figure standing at $8.9 billion for Q1 2026.

  • Quarterly Revenue fell 0.96% year-over-year to $8.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $37.2 billion (down 2.95% YoY) and the FY2025 annual result came in at $37.3 billion, down 5.15% from the prior year.
  • Revenue was $8.9 billion for Q1 2026 at Warner Bros. Discovery, down from $9.5 billion in the prior quarter.
  • Across five years, Revenue topped out at $11.0 billion in Q4 2022 and bottomed at $3.2 billion in Q1 2022.
  • A 5-year average of $9.4 billion and a median of $9.8 billion in 2022 frame the typical range for Revenue.
  • Annual changes were most pronounced in 2022 — Revenue soared 245.4% — and 2025, when it decreased 9.83%.
  • Warner Bros. Discovery's Revenue stood at $11.0 billion in 2022, then fell by 6.58% to $10.3 billion in 2023, then dropped by 2.5% to $10.0 billion in 2024, then dropped by 5.65% to $9.5 billion in 2025, then retreated by 5.99% to $8.9 billion in 2026.
  • Business Quant data shows WBD's Revenue at $8.9 billion in Q1 2026, $9.5 billion in Q4 2025, and $9.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 12.56 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 25.17 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 8.89 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 3.79 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 711.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 1.25 Bn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 1.60 Bn
8 Fox 20.85 Bn 17.36 Bn - 3.99 Bn
9 News 16.48 Bn 15.01 Bn - 2.19 Bn
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 2.09 Bn

Historic Data

Download Data
DateValue
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