Warner Bros. Discovery (WBD) Total Debt (2009 - 2026)
Warner Bros. Discovery (WBD) posted Total Debt of $34.0 billion for Q1 2026, up 4.27% on a QoQ basis from $32.6 billion in Q4 2025, and down 9.26% year-over-year from $37.4 billion in Q1 2025.
Warner Bros. Discovery (WBD) Total Debt (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's Total Debt history runs 18 years deep, the most recent figure standing at $34.0 billion for Q1 2026.
- Quarterly Total Debt fell 9.26% year-over-year to $34.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.0 billion (down 9.26% YoY) and the FY2025 annual result came in at $32.6 billion, down 22.92% from the prior year.
- Total Debt was $34.0 billion for Q1 2026 at Warner Bros. Discovery, up from $32.6 billion in the prior quarter.
- Across five years, Total Debt topped out at $52.5 billion in Q2 2022 and bottomed at $14.4 billion in Q1 2022.
- A 5-year average of $41.3 billion and a median of $43.3 billion in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2022 — Total Debt jumped 248.81% — and 2025, when it slipped 22.92%.
- Warner Bros. Discovery's Total Debt stood at $49.0 billion in 2022, then slipped by 7.25% to $45.4 billion in 2023, then slipped by 7.03% to $42.3 billion in 2024, then dropped by 22.92% to $32.6 billion in 2025, then grew by 4.27% to $34.0 billion in 2026.
- Business Quant data shows WBD's Total Debt at $34.0 billion in Q1 2026, $32.6 billion in Q4 2025, and $33.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 14.31 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 47.36 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 33.96 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 8.51 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 5.02 Bn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | - |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 4.64 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 6.61 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 1.99 Bn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 9.75 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.96 Bn |
| Dec 31, 2025 | 32.57 Bn |
| Sep 30, 2025 | 33.52 Bn |
| Jun 30, 2025 | 34.85 Bn |
| Mar 31, 2025 | 37.43 Bn |
| Dec 31, 2024 | 42.25 Bn |
| Sep 30, 2024 | 43.25 Bn |
| Jun 30, 2024 | 40.96 Bn |
| Mar 31, 2024 | 46.01 Bn |
| Dec 31, 2023 | 45.45 Bn |
| Sep 30, 2023 | 46.10 Bn |
| Jun 30, 2023 | 50.28 Bn |
| Mar 31, 2023 | 48.93 Bn |
| Dec 31, 2022 | 49.00 Bn |
| Sep 30, 2022 | 51.13 Bn |
| Jun 30, 2022 | 52.49 Bn |
| Mar 31, 2022 | 14.40 Bn |
| Dec 31, 2021 | 14.76 Bn |
| Sep 30, 2021 | 14.79 Bn |
| Jun 30, 2021 | 15.05 Bn |