Warner Bros. Discovery annual capital expenditures (capex)
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Warner Bros. Discovery Capital Expenditures (CapEx) Growth & History (WBD)
Warner Bros. Discovery's capital expenditures (capex) was $1.23B for fiscal 2025.
View full Warner Bros. Discovery company overviewWarner Bros. Discovery annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.23B | $283.0M | +29.85% |
| 2024 | 2024-12-31 | $948.0M | −$368.0M | −27.96% |
| 2023 | 2023-12-31 | $1.32B | $329.0M | +33.33% |
| 2022 | 2022-12-31 | $987.0M | $614.0M | +164.61% |
| 2021 | 2021-12-31 | $373.0M | −$29.0M | −7.21% |
| 2020 | 2020-12-31 | $402.0M | $113.0M | +39.10% |
| 2019 | 2019-12-31 | $289.0M | $142.0M | +96.60% |
| 2018 | 2018-12-31 | $147.0M | $12.0M | +8.89% |
| 2017 | 2017-12-31 | $135.0M | $47.0M | +53.41% |
| 2016 | 2016-12-31 | $88.0M | −$15.0M | −14.56% |
| 2015 | 2015-12-31 | $103.0M | −$17.0M | −14.17% |
| 2014 | 2014-12-31 | $120.0M | $5.0M | +4.35% |
| 2013 | 2013-12-31 | $115.0M | $38.0M | +49.35% |
| 2012 | 2012-12-31 | $77.0M | $19.0M | +32.76% |
| 2011 | 2011-12-31 | $58.0M | $9.0M | +18.37% |
| 2010 | 2010-12-31 | $49.0M | −$6.0M | −10.91% |
| 2009 | 2009-12-31 | $55.0M | −$47.0M | −46.08% |
| 2008 | 2008-12-31 | $102.0M | $55.0M | +117.02% |
| 2007 | 2007-12-31 | $47.0M | — | — |
Warner Bros. Discovery quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $276.0M | −$5.0M | −1.78% |
| Q1 2026 | 2026-03-31 | $268.0M | $17.0M | +6.77% |
| Q4 2025 | 2025-12-31 | $421.0M | $135.0M | +47.20% |
| Q3 2025 | 2025-09-30 | $278.0M | $63.0M | +29.30% |
| Q2 2025 | 2025-06-30 | $281.0M | $29.0M | +11.51% |
| Q1 2025 | 2025-03-31 | $251.0M | $56.0M | +28.72% |
| Q4 2024 | 2024-12-31 | $286.0M | $18.0M | +6.72% |
| Q3 2024 | 2024-09-30 | $215.0M | −$242.0M | −52.95% |
| Q2 2024 | 2024-06-30 | $252.0M | −$40.0M | −13.70% |
| Q1 2024 | 2024-03-31 | $195.0M | −$104.0M | −34.78% |
| Q4 2023 | 2023-12-31 | $268.0M | −$96.0M | −26.37% |
| Q3 2023 | 2023-09-30 | $457.0M | $141.0M | +44.62% |
| Q2 2023 | 2023-06-30 | $292.0M | $70.0M | +31.53% |
| Q1 2023 | 2023-03-31 | $299.0M | $214.0M | +251.76% |
| Q4 2022 | 2022-12-31 | $364.0M | $264.0M | +264.00% |
| Q3 2022 | 2022-09-30 | $316.0M | $210.0M | +198.11% |
| Q2 2022 | 2022-06-30 | $222.0M | $145.0M | +188.31% |
| Q1 2022 | 2022-03-31 | $85.0M | −$5.0M | −5.56% |
| Q4 2021 | 2021-12-31 | $100.0M | −$12.0M | −10.71% |
| Q3 2021 | 2021-09-30 | $106.0M | $33.0M | +45.21% |
| Q2 2021 | 2021-06-30 | $77.0M | −$35.0M | −31.25% |
| Q1 2021 | 2021-03-31 | $90.0M | −$15.0M | −14.29% |
| Q4 2020 | 2020-12-31 | $112.0M | $12.0M | +12.00% |
| Q3 2020 | 2020-09-30 | $73.0M | $6.0M | +8.96% |
| Q2 2020 | 2020-06-30 | $112.0M | $34.0M | +43.59% |
| Q1 2020 | 2020-03-31 | $105.0M | $61.0M | +138.64% |
| Q4 2019 | 2019-12-31 | $100.0M | $59.0M | +143.90% |
| Q3 2019 | 2019-09-30 | $67.0M | $43.0M | +179.17% |
| Q2 2019 | 2019-06-30 | $78.0M | $44.0M | +129.41% |
| Q1 2019 | 2019-03-31 | $44.0M | −$4.0M | −8.33% |
| Q4 2018 | 2018-12-31 | $41.0M | $9.0M | +28.13% |
| Q3 2018 | 2018-09-30 | $24.0M | −$1.0M | −4.00% |
| Q2 2018 | 2018-06-30 | $34.0M | $3.0M | +9.68% |
| Q1 2018 | 2018-03-31 | $48.0M | $1.0M | +2.13% |
| Q4 2017 | 2017-12-31 | $32.0M | $13.0M | +68.42% |
| Q3 2017 | 2017-09-30 | $25.0M | −$1.0M | −3.85% |
| Q2 2017 | 2017-06-30 | $31.0M | $3.0M | +10.71% |
| Q1 2017 | 2017-03-31 | $47.0M | $32.0M | +213.33% |
| Q4 2016 | 2016-12-31 | $19.0M | −$8.0M | −29.63% |
| Q3 2016 | 2016-09-30 | $26.0M | $2.0M | +8.33% |
| Q2 2016 | 2016-06-30 | $28.0M | $10.0M | +55.56% |
| Q1 2016 | 2016-03-31 | $15.0M | −$19.0M | −55.88% |
| Q4 2015 | 2015-12-31 | $27.0M | −$8.0M | −22.86% |
| Q3 2015 | 2015-09-30 | $24.0M | −$3.0M | −11.11% |
| Q2 2015 | 2015-06-30 | $18.0M | −$12.0M | −40.00% |
| Q1 2015 | 2015-03-31 | $34.0M | $6.0M | +21.43% |
| Q4 2014 | 2014-12-31 | $35.0M | −$4.0M | −10.26% |
| Q3 2014 | 2014-09-30 | $27.0M | $5.0M | +22.73% |
| Q2 2014 | 2014-06-30 | $30.0M | $2.0M | +7.14% |
| Q1 2014 | 2014-03-31 | $28.0M | $2.0M | +7.69% |
| Q4 2013 | 2013-12-31 | $39.0M | $15.0M | +62.50% |
| Q3 2013 | 2013-09-30 | $22.0M | −$7.0M | −24.14% |
| Q2 2013 | 2013-06-30 | $28.0M | $25.0M | +833.33% |
| Q1 2013 | 2013-03-31 | $26.0M | $5.0M | +23.81% |
| Q4 2012 | 2012-12-31 | $24.0M | $8.0M | +50.00% |
| Q3 2012 | 2012-09-30 | $29.0M | $14.0M | +93.33% |
| Q2 2012 | 2012-06-30 | $3.0M | −$13.0M | −81.25% |
| Q1 2012 | 2012-03-31 | $21.0M | $10.0M | +90.91% |
| Q4 2011 | 2011-12-31 | $16.0M | −$4.0M | −20.00% |
| Q3 2011 | 2011-09-30 | $15.0M | $6.0M | +66.67% |
| Q2 2011 | 2011-06-30 | $16.0M | $8.0M | +100.00% |
| Q1 2011 | 2011-03-31 | $11.0M | −$1.0M | −8.33% |
| Q4 2010 | 2010-12-31 | $20.0M | $6.0M | +42.86% |
| Q3 2010 | 2010-09-30 | $9.0M | $0 | 0.00% |
| Q2 2010 | 2010-06-30 | $8.0M | −$5.0M | −38.46% |
| Q1 2010 | 2010-03-31 | $12.0M | −$7.0M | −36.84% |
| Q4 2009 | 2009-12-31 | $14.0M | — | — |
| Q3 2009 | 2009-09-30 | $9.0M | −$33.0M | −78.57% |
| Q2 2009 | 2009-06-30 | $13.0M | — | — |
| Q1 2009 | 2009-03-31 | $19.0M | — | — |
| Q3 2008 | 2008-09-30 | $42.0M | — | — |
Warner Bros. Discovery capital expenditures (capex) trends
Over the last five fiscal years, Warner Bros. Discovery's capital expenditures (capex) increased from $402.0M to $1.23B, a change of $829.0M. The latest reported quarter, Q2 2026, shows $276.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Warner Bros. Discovery source filings ↗Community posts
Warner Bros. Discovery and Miral reveal three Harry Potter lands for Abu Dhabi
Warner Bros. Discovery Global Experiences and Miral announced details of an Abu Dhabi theme-park expansion on 7 September 2026. Development scope The three Harry Potter lands are Diagon Alley, Hogwarts and the Forbidden Forest, covering app ...