Goodwill
Warner Bros. Discovery, Inc. Goodwill decreased by 0.2% to $25.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $25.75B to $25.87B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 14.7% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical Data
| 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 | $13.01B | $12.96B | $12.91B | $12.87B | $34.27B | $34.45B | $34.44B | $34.66B | $34.91B | $34.73B | $34.97B | $34.89B | $25.74B | $25.87B | $25.67B | $25.75B | $25.94B | $25.92B | $25.93B | $25.87B |
| QoQ Change | — | -0.4% | -0.3% | -0.3% | +166.3% | +0.5% | -0.0% | +0.6% | +0.7% | -0.5% | +0.7% | -0.2% | -26.2% | +0.5% | -0.8% | +0.3% | +0.7% | -0.1% | +0.1% | -0.2% |
| YoY Change | — | — | — | — | +163.4% | +165.9% | +166.7% | +169.3% | +1.9% | +0.8% | +1.5% | +0.7% | -26.3% | -25.5% | -26.6% | -26.2% | +0.8% | +0.2% | +1.0% | +0.5% |
Business Segments
| Segment | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|
| Studios | $9.27B | $9.20B | $9.35B |
| Global Linear Networks | — | — | $8.51B |
| Streaming | — | — | $8.07B |
| DTC | $8.07B | $8.05B | — |
| International Networks | $0.00 | — | — |
| Networks | $17.63B | $8.42B | — |
| U.S. Networks | $0.00 | — | — |
| Total | $34.97B | $25.67B | $25.93B |
DTC, International Networks, Networks, Studios, U.S. Networks were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Warner Bros. Discovery, Inc.'s goodwill?
- Warner Bros. Discovery, Inc. (WBD) reported goodwill of $25.87B in Q1 2026.
- How has Warner Bros. Discovery, Inc.'s goodwill changed year-over-year?
- Warner Bros. Discovery, Inc.'s goodwill increased by 0.5% year-over-year, from $25.75B to $25.87B.
- What is the long-term trend for Warner Bros. Discovery, Inc.'s goodwill?
- Over 5 years (2020 to 2025), Warner Bros. Discovery, Inc.'s goodwill has grown at a 14.7% compound annual growth rate (CAGR), from $13.07B to $25.93B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.