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
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