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

Warner Bros. Discovery (WBD) has 18 years of Shares Outstanding data on file, last reported 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 $2.5 billion, down 7.6% from the prior year.
• Shares Outstanding for Q1 2026 stood at $2.5 billion, up from $2.5 billion in the prior quarter.
• Across five years, Shares Outstanding topped out at $2.7 billion in Q3 2025 and bottomed at $739.0 million in Q1 2022.
• The 5-year median for Shares Outstanding is $2.7 billion (2023), against an average of $2.5 billion.
• The widest annual swing landed in 2022, when Shares Outstanding soared 261.41%; it then fell 7.68% in 2025.
• A 5-year view of Shares Outstanding shows it stood at $2.7 billion in 2022, then gained by 0.34% to $2.7 billion in 2023, then climbed by 0.56% to $2.7 billion in 2024, then decreased by 7.6% to $2.5 billion in 2025, then gained by 1.09% to $2.5 billion in 2026.
• The last three Shares Outstanding figures came in at $2.5 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison