Warner Bros. Discovery (WBD) Total Debt (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Total Debt came in at $33.5 billion in Q2 2026, down 3.84% on a YoY basis from $34.9 billion in Q2 2025, and down 1.3% quarter-over-quarter from $34.0 billion in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Total Debt (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Total Debt for 18 consecutive years, with $33.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 3.84% year-over-year to $33.5 billion; the trailing twelve-month figure through Jun 2026 stood at $33.5 billion (down 3.84% YoY), and the FY2025 full-year result was $32.7 billion, down 22.59% from the prior year.
- Total Debt eased to $33.5 billion in Q2 2026 per WBD's latest filing, from $34.0 billion in the prior quarter.
- Across five years, Total Debt topped out at $53.6 billion in Q2 2022 and bottomed at $15.2 billion in Q1 2022.
- Historically, Total Debt has averaged $41.6 billion across 5 years, with a median of $43.9 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: Total Debt jumped 245.07% in 2023, then retreated 22.59% in 2025.
- Over 5 years, Total Debt stood at $49.4 billion in 2022, then declined by 7.93% to $45.4 billion in 2023, then slipped by 7.03% to $42.3 billion in 2024, then declined by 22.59% to $32.7 billion in 2025, then gained by 2.48% to $33.5 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $33.5 billion, $34.0 billion, and $32.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 33.52 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 6.61 Bn |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | 13.66 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 3.07 Bn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 11.74 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 28.23 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 1.66 Bn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 5.81 Bn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | 625.60 Mn |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 2.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.52 Bn |
| Mar 31, 2026 | 33.96 Bn |
| Dec 31, 2025 | 32.71 Bn |
| Sep 30, 2025 | 33.66 Bn |
| Jun 30, 2025 | 34.85 Bn |
| Mar 31, 2025 | 40.21 Bn |
| Dec 31, 2024 | 42.25 Bn |
| Sep 30, 2024 | 43.25 Bn |
| Jun 30, 2024 | 44.63 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 | 52.43 Bn |
| Dec 31, 2022 | 49.36 Bn |
| Sep 30, 2022 | 51.13 Bn |
| Jun 30, 2022 | 53.58 Bn |
| Mar 31, 2022 | 15.19 Bn |
| Dec 31, 2021 | 15.10 Bn |
| Sep 30, 2021 | 15.13 Bn |