Discontinued — last reported Q4 '25

Business Segments · Goodwill

Studios — Goodwill

Warner Bros. Discovery, Inc. Studios — Goodwill increased by 1.7% to $9.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $9.20B to $9.35B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

An increase suggests strategic acquisitions, while a decrease may indicate impairment or divestiture.

Detailed definition

Represents the intangible asset value recorded when the Studios segment was acquired or formed, reflecting the premium p...

Peer comparison

Standard across media conglomerates; peers typically report this under intangible assets on the balance sheet.

Metric ID: wbd_segment_studios_goodwill

Historical Data

7 periods
 Q4 '21Q2 '22Q3 '22Q4 '22Q4 '23Q4 '24Q4 '25
Value$0.00$8.91B$8.92B$8.96B$9.27B$9.20B$9.35B
QoQ Change+0.1%+0.5%+3.4%-0.8%+1.7%
YoY Change+3.4%-0.8%+1.7%
Range$0.00$9.35B
Avg YoY Growth+1.4%
Median YoY Growth+1.7%

Frequently Asked Questions

What is Warner Bros. Discovery, Inc.'s studios — goodwill?
Warner Bros. Discovery, Inc. (WBD) reported studios — goodwill of $9.35B in Q4 2025.
How has Warner Bros. Discovery, Inc.'s studios — goodwill changed year-over-year?
Warner Bros. Discovery, Inc.'s studios — goodwill increased by 1.7% year-over-year, from $9.20B to $9.35B.
What does studios — goodwill mean?
The value of intangible assets like brand and intellectual property acquired during the formation of the Studios segment.