Warner Bros. Discovery (WBD) Shares Outstanding (2009 - 2026)

Warner Bros. Discovery has reported Shares Outstanding for 18 years, with the latest figure at $2.5 billion in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding fell 7.25% year-over-year to $2.5 billion; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (down 7.25% YoY), and the FY2025 full-year result was $2.7 billion, up 0.97% from the prior year.
• Shares Outstanding for Q1 2026 stood at $2.5 billion, down from $2.7 billion in the prior quarter.
• The five-year high for Shares Outstanding was $2.7 billion in Q4 2025, with the low at $739.0 million in Q1 2022.
• Historically, Shares Outstanding has averaged $2.6 billion across 5 years, with a median of $2.7 billion in 2023.
• Annual changes were most pronounced in 2022 — Shares Outstanding soared 22050.0% — and 2025, when it fell 7.68%.
• Warner Bros. Discovery's Shares Outstanding stood at $2.7 billion in 2022, then rose by 0.34% to $2.7 billion in 2023, then advanced by 0.56% to $2.7 billion in 2024, then grew by 0.97% to $2.7 billion in 2025, then declined by 7.49% to $2.5 billion in 2026.
• The last three Shares Outstanding figures came in at $2.5 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.