Operating Expenses

SG&A

Warner Bros. Discovery, Inc. SG&A increased by 3.7% to $2.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $2.19B to $2.48B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 23.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: is_selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$952.00M$944.00M$1.07B$1.04B$3.54B$2.59B$2.51B$2.39B$2.56B$2.29B$2.46B$2.23B$2.46B$2.39B$2.22B$2.19B$2.48B$2.36B$2.39B$2.48B
QoQ Change-0.8%+13.2%-2.7%+240.2%-26.8%-3.0%-4.9%+7.3%-10.6%+7.2%-9.1%+10.3%-3.1%-7.0%-1.1%+12.9%-4.7%+1.1%+3.7%
YoY Change+271.6%+174.3%+134.9%+129.6%-27.6%-11.5%-2.2%-6.5%-3.9%+4.1%-9.7%-1.7%+0.7%-1.0%+7.6%+12.8%
Range$944.00M$3.54B
CAGR+22.3%
Avg YoY Growth+42.0%
Median YoY Growth-0.2%
Current Streak2 quarters growth

SG&A at Other Companies

Frequently Asked Questions

What is Warner Bros. Discovery, Inc.'s sg&a?
Warner Bros. Discovery, Inc. (WBD) reported sg&a of $2.48B in Q1 2026.
How has Warner Bros. Discovery, Inc.'s sg&a changed year-over-year?
Warner Bros. Discovery, Inc.'s sg&a increased by 12.8% year-over-year, from $2.19B to $2.48B.
What is the long-term trend for Warner Bros. Discovery, Inc.'s sg&a?
Over 4 years (2021 to 2025), Warner Bros. Discovery, Inc.'s sg&a has grown at a 23.7% compound annual growth rate (CAGR), from $4.02B to $9.42B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.