Total Revenue
Warner Bros. Discovery, Inc. Total Revenue decreased by 6.0% to $8.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $8.98B to $8.89B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 32.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.
Detailed definition
The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...
Peer comparison
Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.
total_revenueHistorical 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 | $3.06B | $3.15B | $3.19B | $3.16B | $9.83B | $9.82B | $11.01B | $10.70B | $10.36B | $9.98B | $10.28B | $9.96B | $9.71B | $9.62B | $10.03B | $8.98B | $9.81B | $9.05B | $9.46B | $8.89B |
| QoQ Change | — | +2.9% | +1.2% | -0.9% | +211.1% | -0.0% | +12.1% | -2.8% | -3.2% | -3.7% | +3.1% | -3.2% | -2.5% | -0.9% | +4.2% | -10.5% | +9.3% | -7.8% | +4.6% | -6.0% |
| YoY Change | — | — | — | — | +220.9% | +211.8% | +245.4% | +238.7% | +5.4% | +1.6% | -6.6% | -6.9% | -6.2% | -3.6% | -2.5% | -9.8% | +1.0% | -6.0% | -5.7% | -1.0% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Distribution | — | — | — | — | $4.89B | $4.70B | $4.79B | $4.91B |
| Advertising | $2.43B | $1.68B | $1.83B | $1.98B | $2.22B | $1.41B | $1.70B | $1.85B |
| Service Other | $295.00M | $300.00M | — | — | — | — | — | — |
| Total | $9.71B | $9.62B | $10.03B | $8.98B | $9.81B | $9.05B | $9.46B | $8.89B |
Business Segments — Networks
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| Global Linear Networks | — | — | — | — | — | — | — | $4.77B |
| Studios | $3.84B | $3.21B | $2.58B | $3.23B | $2.82B | $2.45B | $2.68B | $2.31B |
| DTC | $2.45B | $2.46B | $2.73B | $2.44B | $2.46B | $2.57B | $2.63B | — |
| Networks | $5.52B | $5.58B | $5.76B | $4.87B | $5.13B | $5.27B | $5.01B | — |
| Total | $11.01B | $10.70B | $10.36B | $9.98B | $9.96B | $9.71B | $9.62B | $8.98B |
DTC, Global Linear Networks, Networks, Studios were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Networks
| Segment | Q4 '23 | Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|
| Global Linear Networks | — | — | $4.80B | $3.88B | $4.20B | $4.38B |
| Studios | — | $3.66B | $3.80B | $3.32B | $3.18B | $3.13B |
| Streaming | — | — | — | — | — | $2.89B |
| DTC | $2.53B | $2.65B | — | — | — | — |
| Networks | $5.04B | $4.77B | — | — | — | — |
| Total | $10.28B | $10.03B | $9.81B | $9.05B | $9.46B | $8.89B |
DTC, Networks were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Warner Bros. Discovery, Inc.'s total revenue?
- Warner Bros. Discovery, Inc. (WBD) reported total revenue of $8.89B in Q1 2026.
- How has Warner Bros. Discovery, Inc.'s total revenue changed year-over-year?
- Warner Bros. Discovery, Inc.'s total revenue decreased by 1.0% year-over-year, from $8.98B to $8.89B.
- What is the long-term trend for Warner Bros. Discovery, Inc.'s total revenue?
- Over 4 years (2021 to 2025), Warner Bros. Discovery, Inc.'s total revenue has grown at a 32.3% compound annual growth rate (CAGR), from $12.19B to $37.30B.
- What does total revenue mean?
- The total amount of money a company brings in from selling its products and services.