Warner Bros. Discovery (WBD) Total Debt (2009 - 2026)
Warner Bros. Discovery (WBD) reported Total Debt of $32.02 billion for Q2 2026, down 7.5% from $34.63 billion a year earlier and down 1.4% from the prior quarter.
Powered by 
Analysis
Warner Bros. Discovery (WBD) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Warner Bros. Discovery posted Total Debt of $32.57 billion, down 17.6% from FY2024.
- Total Debt has declined for three consecutive years, though with a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- By year, Total Debt came in at $39.51 billion in FY2024 (-9.5%), $43.67 billion in FY2023 (-10.9%), $49 billion in FY2022 (+232.0%) and $14.76 billion in FY2021 (-4.2%).
- The Q2 2026 figure ranks as the lowest quarterly Total Debt since Q1 2022.
- Year over year, Total Debt has now declined in each of the last 13 quarters, with an average decline of 12.8% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q2 2022 (growth of 248.8%); the low point was Q4 2025 (a decline of 17.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.47 billion (Q1 2026), $32.57 billion (Q4 2025) and $33.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.50 Bn | 63.16 Bn | 4.10 Bn | 32.02 Bn |
| 2 | Fox | 27.18 Bn | 13.09 Bn | - | 6.61 Bn |
| 3 | Omnicom | 20.60 Bn | 3.30 Bn | 1.30 Bn | 10.00 Bn |
| 4 | News | 16.19 Bn | 8.39 Bn | - | 1.99 Bn |
| 5 | Paramount Skydance | 11.39 Bn | 9.31 Bn | - | 13.66 Bn |
| 6 | New York Times | 10.30 Bn | 7.79 Bn | 394.61 Mn | - |
| 7 | Pearson | 10.14 Bn | 7.28 Bn | - | -1.98 Bn |
| 8 | Sirius Xm Holdings | 8.74 Bn | 8.32 Bn | 1.44 Bn | 9.46 Bn |
| 9 | 36Kr Holdings | 6.25 Bn | 6.19 Bn | - | 1.47 Mn |
| 10 | Wpp | 5.52 Bn | -6.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.02 Bn |
| Mar 31, 2026 | 32.47 Bn |
| Dec 31, 2025 | 32.57 Bn |
| Sep 30, 2025 | 33.52 Bn |
| Jun 30, 2025 | 34.63 Bn |
| Mar 31, 2025 | 37.43 Bn |
| Dec 31, 2024 | 39.51 Bn |
| Sep 30, 2024 | 40.21 Bn |
| Jun 30, 2024 | 40.96 Bn |
| Mar 31, 2024 | 42.58 Bn |
| Dec 31, 2023 | 43.67 Bn |
| Sep 30, 2023 | 44.80 Bn |
| Jun 30, 2023 | 47.28 Bn |
| Mar 31, 2023 | 48.93 Bn |
| Dec 31, 2022 | 49.00 Bn |
| Sep 30, 2022 | 49.87 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 |
API Access
Warner Bros. Discovery Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=WBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();