Warner Bros. Discovery (WBD) Revenue (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Revenue came in at $8.9 billion in Q1 2026, down 0.96% YoY from $9.0 billion in Q1 2025, and down 5.99% on a QoQ basis from $9.5 billion in Q4 2025.
Warner Bros. Discovery (WBD) Revenue (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Revenue data on file, last reported at $8.9 billion in 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 slipped to $8.9 billion in Q1 2026, from $9.5 billion in the prior quarter.
- In the past five years, Revenue ranged from a high of $11.0 billion in Q4 2022 to a low of $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 declined 9.83%.
- Tracing WBD's Revenue over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 12.56 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 25.25 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.72 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 7.67 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 4.21 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 934.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 1.35 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 2.34 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.55 Bn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -5.89 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.72 Bn |
| 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 |