Growth Metrics

Warner Bros. Discovery (WBD) Shares Outstanding (Diluted Average) (2016 - 2025)

Warner Bros. Discovery (WBD) has disclosed Shares Outstanding (Diluted Average) for 17 consecutive years, with $2.5 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 3.27% year-over-year to $2.5 billion, compared with a TTM value of $2.5 billion through Dec 2025, up 3.27%, and an annual FY2025 reading of $2.5 billion, up 3.27% over the prior year.
  • Shares Outstanding (Diluted Average) was $2.5 billion for Q4 2025 at Warner Bros. Discovery, up from $2.5 billion in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $2.5 billion in Q4 2025 and bottomed at $664.0 million in Q2 2021.
  • Average Shares Outstanding (Diluted Average) over 5 years is $2.0 billion, with a median of $2.4 billion recorded in 2023.
  • The sharpest move saw Shares Outstanding (Diluted Average) dropped 2.63% in 2021, then soared 265.71% in 2023.
  • Year by year, Shares Outstanding (Diluted Average) stood at $664.0 million in 2021, then surged by 192.17% to $1.9 billion in 2022, then rose by 25.57% to $2.4 billion in 2023, then rose by 0.57% to $2.4 billion in 2024, then grew by 3.27% to $2.5 billion in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for WBD at $2.5 billion in Q4 2025, $2.5 billion in Q3 2025, and $2.5 billion in Q2 2025.