Warner Bros. Discovery (WBD) Shares Outstanding (Weighted Average) (2009 - 2026)
Warner Bros. Discovery posted quarterly Shares Outstanding (Weighted Average) of $2.5 billion for Q1 2026, up 1.22% year-on-year from $2.5 billion in Q1 2025, and up 0.69% on a QoQ basis from $2.5 billion in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of Shares Outstanding (Weighted Average) data on file, last reported at $2.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Weighted 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 1.02% from the prior year.
- Shares Outstanding (Weighted Average) for Q1 2026 stood at $2.5 billion, up from $2.5 billion in the prior quarter.
- Across five years, Shares Outstanding (Weighted Average) topped out at $2.5 billion in Q1 2026 and bottomed at $591.0 million in Q1 2022.
- The 5-year median for Shares Outstanding (Weighted Average) is $2.4 billion (2024), against an average of $2.3 billion.
- The widest annual swing landed in 2023, when Shares Outstanding (Weighted Average) jumped 311.51%; it then grew 0.45% in 2024.
- A 5-year view of Shares Outstanding (Weighted 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 1.02% to $2.5 billion in 2025, then grew by 0.69% to $2.5 billion in 2026.
- The last three Shares Outstanding (Weighted 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 4.22 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 1.77 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 2.49 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 232.40 Mn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 435.00 Mn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 251.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 147.51 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 554.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 77.33 Mn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | 1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.49 Bn |
| Dec 31, 2025 | 2.48 Bn |
| Sep 30, 2025 | 2.47 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 | 1.78 Bn |
| Jun 30, 2022 | 2.29 Bn |
| Mar 31, 2022 | 591.00 Mn |
| Dec 31, 2021 | 588.00 Mn |
| Sep 30, 2021 | 589.00 Mn |
| Jun 30, 2021 | 589.00 Mn |
| Mar 31, 2021 | 585.00 Mn |
| Dec 31, 2020 | 599.00 Mn |
| Sep 30, 2020 | 505.00 Mn |
| Jun 30, 2020 | 5.00 Mn |
| Mar 31, 2020 | 5.00 Mn |
| Dec 31, 2019 | 529.00 Mn |
| Sep 30, 2019 | 535.00 Mn |
| Jun 30, 2019 | 528.00 Mn |
| Mar 31, 2019 | 6.00 Mn |
| Dec 31, 2018 | 498.00 Mn |
| Sep 30, 2018 | 490.00 Mn |
| Jun 30, 2018 | 6.00 Mn |
| Mar 31, 2018 | 422.00 Mn |
| Dec 31, 2017 | 6.00 Mn |
| Sep 30, 2017 | 385.00 Mn |
| Jun 30, 2017 | 384.00 Mn |
| Mar 31, 2017 | 389.00 Mn |
| Dec 31, 2016 | 401.00 Mn |
| Sep 30, 2016 | 395.00 Mn |
| Jun 30, 2016 | 409.00 Mn |
| Mar 31, 2016 | 36.00 Mn |
| Dec 31, 2015 | 432.00 Mn |
| Sep 30, 2015 | 432.00 Mn |
| Jun 30, 2015 | 432.00 Mn |
| Mar 31, 2015 | 439.00 Mn |
| Dec 31, 2014 | 43.00 Mn |
| Jun 30, 2014 | 457.00 Mn |
| Mar 31, 2014 | 468.00 Mn |
| Dec 31, 2013 | 484.00 Mn |
| Sep 30, 2013 | 44.00 Mn |
| Jun 30, 2013 | 359.00 Mn |
| Mar 31, 2013 | 363.00 Mn |
| Dec 31, 2012 | 57.00 Mn |
| Sep 30, 2012 | 372.00 Mn |
| Jun 30, 2012 | 383.00 Mn |
| Mar 31, 2012 | 386.00 Mn |
| Dec 31, 2011 | 401.00 Mn |
| Sep 30, 2011 | 404.00 Mn |
| Jun 30, 2011 | 407.00 Mn |
| Mar 31, 2011 | 409.00 Mn |
| Dec 31, 2010 | 425.00 Mn |
| Sep 30, 2010 | 426.00 Mn |
| Jun 30, 2010 | 426.00 Mn |
| Mar 31, 2010 | 425.00 Mn |
| Dec 31, 2009 | 423.00 Mn |
| Sep 30, 2009 | 7.00 Mn |
| Jun 30, 2009 | 141.00 Mn |