Warner Bros. Discovery, Inc. Studios — Segment Adjusted EBITDA increased by 6.5% to $775.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 199.2%, from $259.00M to $775.00M. Over 3 years (FY 2021 to FY 2025), Studios — Segment Adjusted EBITDA shows an upward trend with a 466.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved margins through successful content monetization, effective cost management in production, or higher licensing demand, while a decrease suggests rising production costs or underperforming content releases.
This metric represents the earnings before interest, taxes, depreciation, and amortization for the film and television p...
Comparable to segment-level operating income or adjusted EBITDA reported by major media conglomerates and entertainment studios, often benchmarked against production-heavy peers in the film and television industry.
wbd_segment_studios_segment_adjusted_ebitda| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.50M | $3.50M | $3.50M | $443.00M | $443.00M | $443.00M | $443.00M | $545.75M | $545.75M | $545.75M | $545.75M | $210.00M | $308.00M | $259.00M | $863.00M | $695.00M | $728.00M | $775.00M |
| QoQ Change | — | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | +23.2% | +0.0% | +0.0% | +0.0% | -61.5% | +46.7% | -15.9% | +233.2% | -19.5% | +4.7% | +6.5% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | +23.2% | +23.2% | +23.2% | +23.2% | -61.5% | -43.6% | — | +311.0% | +125.6% | — | +199.2% |