Warner Bros. Discovery (WBD) Revenue (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Revenue came in at $8.7 billion in Q2 2026, down 11.16% on a YoY basis from $9.8 billion in Q2 2025, and down 1.98% quarter-over-quarter from $8.9 billion in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Revenue (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Revenue for 18 consecutive years, with $8.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue fell 11.16% year-over-year to $8.7 billion; the trailing twelve-month figure through Jun 2026 stood at $36.1 billion (down 6.05% YoY), and the FY2025 full-year result was $37.3 billion, down 5.15% from the prior year.
- Revenue slipped to $8.7 billion in Q2 2026 per WBD's latest filing, from $8.9 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.
- Historically, Revenue has averaged $9.4 billion across 5 years, with a median of $9.8 billion in 2022.
- The sharpest annual moves came in 2022 and 2026: Revenue jumped 245.4% in 2022, then dropped 11.16% in 2026.
- Over 5 years, 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 7.85% to $8.7 billion in 2026.
- According to Business Quant data, Revenue over the past three periods registered $8.7 billion, $8.9 billion, and $9.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 8.72 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 4.21 Bn |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | -5.89 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 1.64 Bn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 1.99 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 54.12 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 547.50 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 839.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 490.40 Mn |
Historic Data
Download Data
Historic 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 |