Investing
CapEx
Warner Bros. Discovery, Inc. CapEx decreased by 36.3% to $268.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $251.00M to $268.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 34.8% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $77.00M | $106.00M | $100.00M | $85.00M | $222.00M | $316.00M | $364.00M | $299.00M | $292.00M | $457.00M | $268.00M | $195.00M | $252.00M | $215.00M | $286.00M | $251.00M | $281.00M | $278.00M | $421.00M | $268.00M |
| QoQ Change | — | +37.7% | -5.7% | -15.0% | +161.2% | +42.3% | +15.2% | -17.9% | -2.3% | +56.5% | -41.4% | -27.2% | +29.2% | -14.7% | +33.0% | -12.2% | +12.0% | -1.1% | +51.4% | -36.3% |
| YoY Change | — | — | — | — | +188.3% | +198.1% | +264.0% | +251.8% | +31.5% | +44.6% | -26.4% | -34.8% | -13.7% | -53.0% | +6.7% | +28.7% | +11.5% | +29.3% | +47.2% | +6.8% |
Range$77.00M – $457.00M
CAGR+30.0%
Avg YoY Growth+61.3%
Median YoY Growth+29.0%
CapEx at Other Companies
Frequently Asked Questions
- What is Warner Bros. Discovery, Inc.'s capex?
- Warner Bros. Discovery, Inc. (WBD) reported capex of $268.00M in Q1 2026.
- How has Warner Bros. Discovery, Inc.'s capex changed year-over-year?
- Warner Bros. Discovery, Inc.'s capex increased by 6.8% year-over-year, from $251.00M to $268.00M.
- What is the long-term trend for Warner Bros. Discovery, Inc.'s capex?
- Over 4 years (2021 to 2025), Warner Bros. Discovery, Inc.'s capex has grown at a 34.8% compound annual growth rate (CAGR), from $373.00M to $1.23B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.