Streaming — Segment Adjusted EBITDA
Warner Bros. Discovery, Inc. Streaming — Segment Adjusted EBITDA increased by 11.5% to $438.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.2%, from $339.00M to $438.00M. Over 2 years (FY 2023 to FY 2025), Streaming — Segment Adjusted EBITDA shows an upward trend with a 264.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved monetization of the streaming subscriber base or better efficiency in content spend and marketing, while a decrease suggests rising costs or challenges in subscriber retention and pricing power.
Detailed definition
This metric represents the earnings before interest, taxes, depreciation, and amortization for the direct-to-consumer st...
Peer comparison
Peers in the media and entertainment sector report similar metrics to demonstrate the path to profitability for their digital platforms, often compared against subscriber growth and average revenue per user.
wbd_segment_streaming_segment_adjusted_ebitdaHistorical Data
| 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 | $25.75M | $25.75M | $25.75M | $25.75M | $86.00M | -$107.00M | $289.00M | $409.00M | $339.00M | $293.00M | $345.00M | $393.00M | $438.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +234.0% | -224.4% | +370.1% | +41.5% | -17.1% | -13.6% | +17.7% | +13.9% | +11.5% |
| YoY Change | — | — | — | — | +234.0% | -515.5% | >999% | >999% | +294.2% | +373.8% | +19.4% | -3.9% | +29.2% |
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Frequently Asked Questions
- What is Warner Bros. Discovery, Inc.'s streaming — segment adjusted ebitda?
- Warner Bros. Discovery, Inc. (WBD) reported streaming — segment adjusted ebitda of $438.00M in Q1 2026.
- How has Warner Bros. Discovery, Inc.'s streaming — segment adjusted ebitda changed year-over-year?
- Warner Bros. Discovery, Inc.'s streaming — segment adjusted ebitda increased by 29.2% year-over-year, from $339.00M to $438.00M.
- What is the long-term trend for Warner Bros. Discovery, Inc.'s streaming — segment adjusted ebitda?
- Over 2 years (2023 to 2025), Warner Bros. Discovery, Inc.'s streaming — segment adjusted ebitda has grown at a 264.7% compound annual growth rate (CAGR), from $103.00M to $1.37B.
- What does streaming — segment adjusted ebitda mean?
- The core operating profit generated by the company's streaming and direct-to-consumer services after accounting for direct operating expenses.