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

Warner Bros. Discovery (WBD) has 18 years of Shares Outstanding (Diluted Average) data on file, last reported at $2.5 billion in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 1.22% year-over-year to $2.5 billion; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (up 1.22% YoY), and the FY2025 full-year result was $2.5 billion, up 3.27% from the prior year.
• Shares Outstanding (Diluted Average) for Q1 2026 stood at $2.5 billion, down 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 $665.0 million in Q1 2022.
• The 5-year median for Shares Outstanding (Diluted Average) is $2.4 billion (2024), against an average of $2.3 billion.
• The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) declined 0.3%; it then surged 265.71% in 2023.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $1.9 billion in 2022, then advanced by 25.57% to $2.4 billion in 2023, then increased by 0.57% to $2.4 billion in 2024, then rose by 3.27% to $2.5 billion in 2025, then decreased by 1.5% to $2.5 billion in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $2.5 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

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