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Warner Bros. Discovery (WBD) Shares Outstanding (Diluted Average) (2016 - 2026)

Warner Bros. Discovery filings provide 17 years of Shares Outstanding (Diluted Average) readings, the most recent being $2.5 billion for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) rose 3.27% to $2.5 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.5 billion, a 3.27% increase, with the full-year FY2025 number at $2.5 billion, up 3.27% from a year prior.
  • Shares Outstanding (Diluted Average) hit $2.5 billion in Q4 2025 for Warner Bros. Discovery, up from $2.5 billion in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $2.5 billion in Q4 2025 to a low of $663.0 million in Q3 2021.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $2.4 billion (2023), compared with a mean of $2.0 billion.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): decreased 2.63% in 2021 and later skyrocketed 266.21% in 2022.
  • Warner Bros. Discovery's 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.
  • The last three reported values for Shares Outstanding (Diluted Average) were $2.5 billion (Q4 2025), $2.5 billion (Q3 2025), and $2.5 billion (Q2 2025) per Business Quant data.