Warner Bros. Discovery WBD
NASDAQ WBD
$28.13 -0.13 (-0.44%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Warner Bros. Discovery's (WBD) quarterly Shares Outstanding (Entity) came in at $2.5 billion in Q2 2026, up 1.33% on a YoY basis from $2.5 billion in Q2 2025, and little changed quarter-over-quarter from $2.5 billion in Q1 2026.

Analysis

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

Warner Bros. Discovery (WBD) has reported Shares Outstanding (Entity) for 18 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Shares Outstanding (Entity) rose 1.33% year-over-year to $2.5 billion; the trailing twelve-month figure through Jun 2026 stood at $2.5 billion (up 1.33% YoY), and the FY2025 full-year result was $2.5 billion, up 1.06% from the prior year.
  • Shares Outstanding (Entity) steadied at $2.5 billion in Q2 2026 per WBD's latest filing, from $2.5 billion in the prior quarter.
  • Across five years, Shares Outstanding (Entity) topped out at $2.5 billion in Q2 2026 and bottomed at $591.0 million in Q1 2022.
  • Historically, Shares Outstanding (Entity) has averaged $2.3 billion across 5 years, with a median of $2.4 billion in 2024.
  • The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Entity) slumped 41.2% in 2022, then jumped 312.18% in 2023.
  • Over 5 years, Shares Outstanding (Entity) stood at $1.9 billion in 2022, then grew by 25.72% to $2.4 billion in 2023, then increased by 0.62% to $2.5 billion in 2024, then gained by 1.06% to $2.5 billion in 2025, then gained by 1.13% to $2.5 billion in 2026.
  • According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $2.5 billion, $2.5 billion, and $2.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 Warner Bros. Discovery 70.72 Bn 67.35 Bn 4.10 Bn 2.51 Bn
2 Fox 25.12 Bn 20.92 Bn - 431.00 Mn
3 Paramount Skydance 11.97 Bn 8.70 Bn -2.08 Bn 1.10 Bn
4 Versant Media 5.38 Bn 3.90 Bn 994.00 Mn 140.71 Mn
5 Nexstar Media 5.15 Bn 4.94 Bn 1.06 Bn 30.62 Mn
6 Newsmax 1.39 Bn 1.34 Bn 23.33 Mn 128.51 Mn
7 AMC Global Media 520.06 Mn 56.06 Mn 258.71 Mn 43.02 Mn
8 Gray Media 470.89 Mn 294.89 Mn 270.00 Mn 98.00 Mn
9 Starz Entertainment 435.29 Mn 333.19 Mn - 16.80 Mn
10 E.W. Scripps 296.07 Mn 283.02 Mn 196.33 Mn 92.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.51 Bn
Mar 31, 2026 2.49 Bn
Dec 31, 2025 2.48 Bn
Sep 30, 2025 2.48 Bn
Jun 30, 2025 2.48 Bn
Mar 31, 2025 2.46 Bn
Dec 31, 2024 2.45 Bn
Sep 30, 2024 2.45 Bn
Jun 30, 2024 2.45 Bn
Mar 31, 2024 2.44 Bn
Dec 31, 2023 2.44 Bn
Sep 30, 2023 2.44 Bn
Jun 30, 2023 2.44 Bn
Mar 31, 2023 2.43 Bn
Dec 31, 2022 1.94 Bn
Sep 30, 2022 2.43 Bn
Jun 30, 2022 2.29 Bn
Mar 31, 2022 591.00 Mn
Dec 31, 2021 503.00 Mn
Sep 30, 2021 506.00 Mn