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

Warner Bros. Discovery has reported Shares Outstanding (Diluted Average) for 18 years, with the latest figure 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.
• The five-year high for Shares Outstanding (Diluted Average) was $2.5 billion in Q4 2025, with the low at $665.0 million in Q1 2022.
• Historically, Shares Outstanding (Diluted Average) has averaged $2.3 billion across 5 years, with a median of $2.4 billion in 2024.
• Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) declined 0.3% — and 2023, when it surged 265.71%.
• Warner Bros. Discovery's Shares Outstanding (Diluted Average) stood at $1.9 billion in 2022, then gained by 25.57% to $2.4 billion in 2023, then grew by 0.57% to $2.4 billion in 2024, then increased by 3.27% to $2.5 billion in 2025, then retreated 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.