Warner Bros. Discovery annual net debt
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Warner Bros. Discovery Net Debt Growth & History (WBD)
Warner Bros. Discovery's net debt was $31.37B for fiscal 2025.
View full Warner Bros. Discovery company overviewWarner Bros. Discovery annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $31.37B | −$3.11B | −9.02% |
| 2024 | 2024-12-31 | $34.48B | −$6.98B | −16.83% |
| 2023 | 2023-12-31 | $41.46B | −$6.78B | −14.05% |
| 2022 | 2022-12-31 | $48.24B | $36.50B | +310.96% |
| 2021 | 2021-12-31 | $11.74B | −$2.48B | −17.44% |
| 2020 | 2020-12-31 | $14.22B | −$603.0M | −4.07% |
| 2019 | 2019-12-31 | $14.82B | −$987.0M | −6.24% |
| 2018 | 2018-12-31 | $15.81B | $8.36B | +112.29% |
| 2017 | 2017-12-31 | $7.45B | −$143.0M | −1.88% |
| 2016 | 2016-12-31 | $7.59B | $270.0M | +3.69% |
| 2015 | 2015-12-31 | $7.32B | $1.46B | +24.81% |
| 2014 | 2014-12-31 | $5.86B | −$210.0M | −3.46% |
| 2013 | 2013-12-31 | $6.07B | $2.06B | +51.43% |
| 2012 | 2012-12-31 | $4.01B | $840.0M | +26.49% |
| 2011 | 2011-12-31 | $3.17B | $39.0M | +1.25% |
| 2010 | 2010-12-31 | $3.13B | $298.0M | +10.52% |
| 2009 | 2009-12-31 | $2.83B | −$403.0M | −12.45% |
| 2008 | 2008-12-31 | $3.24B | — | — |
Warner Bros. Discovery quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $27.16B | −$2.36B | −8.00% |
| Q1 2026 | 2026-03-31 | $27.71B | −$3.07B | −9.97% |
| Q4 2025 | 2025-12-31 | $31.37B | −$3.11B | −9.02% |
| Q3 2025 | 2025-09-30 | $29.09B | −$4.74B | −14.02% |
| Q2 2025 | 2025-06-30 | $29.52B | −$4.15B | −12.33% |
| Q1 2025 | 2025-03-31 | $30.78B | −$5.39B | −14.91% |
| Q4 2024 | 2024-12-31 | $34.48B | −$6.98B | −16.83% |
| Q3 2024 | 2024-09-30 | $33.83B | −$7.29B | −17.72% |
| Q2 2024 | 2024-06-30 | $33.68B | −$7.57B | −18.36% |
| Q1 2024 | 2024-03-31 | $36.17B | −$6.67B | −15.56% |
| Q4 2023 | 2023-12-31 | $41.46B | −$6.78B | −14.05% |
| Q3 2023 | 2023-09-30 | $41.12B | −$8.41B | −16.99% |
| Q2 2023 | 2023-06-30 | $41.25B | −$10.58B | −20.41% |
| Q1 2023 | 2023-03-31 | $42.84B | $32.60B | +318.48% |
| Q4 2022 | 2022-12-31 | $48.24B | $36.50B | +310.96% |
| Q3 2022 | 2022-09-30 | $49.53B | $37.86B | +324.46% |
| Q2 2022 | 2022-06-30 | $51.83B | $39.61B | +324.35% |
| Q1 2022 | 2022-03-31 | $10.24B | −$2.78B | −21.36% |
| Q4 2021 | 2021-12-31 | $11.74B | −$2.48B | −17.44% |
| Q3 2021 | 2021-09-30 | $11.67B | −$1.75B | −13.07% |
| Q2 2021 | 2021-06-30 | $12.21B | −$1.39B | −10.20% |
| Q1 2021 | 2021-03-31 | $13.02B | −$1.40B | −9.73% |
| Q4 2020 | 2020-12-31 | $14.22B | −$603.0M | −4.07% |
| Q3 2020 | 2020-09-30 | $13.42B | −$1.83B | −11.99% |
| Q2 2020 | 2020-06-30 | $13.60B | −$2.11B | −13.41% |
| Q1 2020 | 2020-03-31 | $14.42B | −$1.53B | −9.60% |
| Q4 2019 | 2019-12-31 | $14.82B | −$987.0M | −6.24% |
| Q3 2019 | 2019-09-30 | $15.25B | −$342.0M | −2.19% |
| Q2 2019 | 2019-06-30 | $15.71B | −$2.16B | −12.10% |
| Q1 2019 | 2019-03-31 | $15.95B | −$2.45B | −13.31% |
| Q4 2018 | 2018-12-31 | $15.81B | $8.36B | +112.29% |
| Q3 2018 | 2018-09-30 | $15.60B | $7.91B | +103.01% |
| Q2 2018 | 2018-06-30 | $17.87B | $9.85B | +122.68% |
| Q1 2018 | 2018-03-31 | $18.40B | $10.60B | +135.77% |
| Q4 2017 | 2017-12-31 | $7.45B | −$143.0M | −1.88% |
| Q3 2017 | 2017-09-30 | $7.68B | −$65.0M | −0.84% |
| Q2 2017 | 2017-06-30 | $8.03B | $295.0M | +3.82% |
| Q1 2017 | 2017-03-31 | $7.80B | $173.0M | +2.27% |
| Q4 2016 | 2016-12-31 | $7.59B | $270.0M | +3.69% |
| Q3 2016 | 2016-09-30 | $7.75B | $979.0M | +14.47% |
| Q2 2016 | 2016-06-30 | $7.73B | $783.0M | +11.27% |
| Q1 2016 | 2016-03-31 | $7.63B | $489.0M | +6.85% |
| Q4 2015 | 2015-12-31 | $7.32B | $1.46B | +24.81% |
| Q3 2015 | 2015-09-30 | $6.77B | $865.0M | +14.65% |
| Q2 2015 | 2015-06-30 | $6.95B | $1.11B | +19.06% |
| Q1 2015 | 2015-03-31 | $7.14B | $1.00B | +16.28% |
| Q4 2014 | 2014-12-31 | $5.86B | −$210.0M | −3.46% |
| Q3 2014 | 2014-09-30 | $5.90B | −$143.0M | −2.37% |
| Q2 2014 | 2014-06-30 | $5.83B | −$245.0M | −4.03% |
| Q1 2014 | 2014-03-31 | $6.14B | $2.10B | +51.79% |
| Q4 2013 | 2013-12-31 | $6.07B | $2.06B | +51.43% |
| Q3 2013 | 2013-09-30 | $6.05B | $2.39B | +65.33% |
| Q2 2013 | 2013-06-30 | $6.08B | $2.57B | +73.32% |
| Q1 2013 | 2013-03-31 | $4.05B | $873.0M | +27.50% |
| Q4 2012 | 2012-12-31 | $4.01B | $840.0M | +26.49% |
| Q3 2012 | 2012-09-30 | $3.66B | $460.0M | +14.39% |
| Q2 2012 | 2012-06-30 | $3.51B | $368.0M | +11.72% |
| Q1 2012 | 2012-03-31 | $3.17B | $36.0M | +1.15% |
| Q4 2011 | 2011-12-31 | $3.17B | $39.0M | +1.25% |
| Q3 2011 | 2011-09-30 | $3.20B | $618.0M | +23.96% |
| Q2 2011 | 2011-06-30 | $3.14B | $259.0M | +8.99% |
| Q1 2011 | 2011-03-31 | $3.14B | $594.0M | +23.35% |
| Q4 2010 | 2010-12-31 | $3.13B | $298.0M | +10.52% |
| Q3 2010 | 2010-09-30 | $2.58B | −$492.0M | −16.02% |
| Q2 2010 | 2010-06-30 | $2.88B | $167.0M | +6.15% |
| Q1 2010 | 2010-03-31 | $2.54B | — | — |
| Q4 2009 | 2009-12-31 | $2.83B | −$403.0M | −12.45% |
| Q3 2009 | 2009-09-30 | $3.07B | — | — |
| Q2 2009 | 2009-06-30 | $2.71B | — | — |
| Q4 2008 | 2008-12-31 | $3.24B | — | — |
Warner Bros. Discovery net debt trends
Over the last five fiscal years, Warner Bros. Discovery's net debt increased from $14.22B to $31.37B, a change of $17.16B. The latest reported quarter, Q2 2026, shows $27.16B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. 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 ...