Warner Bros. Discovery annual operating expenses
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Warner Bros. Discovery Operating Expenses Growth & History (WBD)
Warner Bros. Discovery's operating expenses was $36.56B for fiscal 2025.
View full Warner Bros. Discovery company overviewWarner Bros. Discovery annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $36.56B | −$12.79B | −25.93% |
| 2024 | 2024-12-31 | $49.35B | $6.48B | +15.13% |
| 2023 | 2023-12-31 | $42.87B | $1.68B | +4.08% |
| 2022 | 2022-12-31 | $41.19B | $31.01B | +304.63% |
| 2021 | 2021-12-31 | $10.18B | $2.02B | +24.80% |
| 2020 | 2020-12-31 | $8.16B | $21.0M | +0.26% |
| 2019 | 2019-12-31 | $8.13B | −$484.0M | −5.62% |
| 2018 | 2018-12-31 | $8.62B | $2.46B | +39.92% |
| 2017 | 2017-12-31 | $6.16B | $1.72B | +38.77% |
| 2016 | 2016-12-31 | $4.44B | $30.0M | +0.68% |
| 2015 | 2015-12-31 | $4.41B | $205.0M | +4.88% |
| 2014 | 2014-12-31 | $4.20B | $644.0M | +18.09% |
| 2013 | 2013-12-31 | $3.56B | $932.0M | +35.46% |
| 2012 | 2012-12-31 | $2.63B | $263.0M | +11.12% |
| 2011 | 2011-12-31 | $2.37B | $36.0M | +1.55% |
| 2010 | 2010-12-31 | $2.33B | $145.0M | +6.64% |
| 2009 | 2009-12-31 | $2.18B | −$134.0M | −5.78% |
| 2008 | 2008-12-31 | $2.32B | $2.23B | +2659.52% |
| 2007 | 2007-12-31 | $84.0M | — | — |
Warner Bros. Discovery quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.48B | −$1.52B | −15.17% |
| Q1 2026 | 2026-03-31 | $11.36B | $2.35B | +26.02% |
| Q4 2025 | 2025-12-31 | $9.11B | −$754.0M | −7.64% |
| Q3 2025 | 2025-09-30 | $8.43B | −$908.0M | −9.72% |
| Q2 2025 | 2025-06-30 | $10.00B | −$9.92B | −49.82% |
| Q1 2025 | 2025-03-31 | $9.02B | −$1.21B | −11.82% |
| Q4 2024 | 2024-12-31 | $9.87B | −$601.0M | −5.74% |
| Q3 2024 | 2024-09-30 | $9.34B | −$540.0M | −5.46% |
| Q2 2024 | 2024-06-30 | $19.92B | $8.66B | +76.86% |
| Q1 2024 | 2024-03-31 | $10.22B | −$1.03B | −9.17% |
| Q4 2023 | 2023-12-31 | $10.47B | −$2.44B | −18.88% |
| Q3 2023 | 2023-09-30 | $9.88B | −$2.13B | −17.74% |
| Q2 2023 | 2023-06-30 | $11.26B | −$2.20B | −16.35% |
| Q1 2023 | 2023-03-31 | $11.26B | $8.45B | +301.18% |
| Q4 2022 | 2022-12-31 | $12.90B | $10.22B | +381.60% |
| Q3 2022 | 2022-09-30 | $12.01B | $9.19B | +325.84% |
| Q2 2022 | 2022-06-30 | $13.47B | $11.18B | +489.84% |
| Q1 2022 | 2022-03-31 | $2.81B | $410.0M | +17.11% |
| Q4 2021 | 2021-12-31 | $2.68B | $281.0M | +11.72% |
| Q3 2021 | 2021-09-30 | $2.82B | $791.0M | +38.97% |
| Q2 2021 | 2021-06-30 | $2.28B | $459.0M | +25.16% |
| Q1 2021 | 2021-03-31 | $2.40B | $492.0M | +25.84% |
| Q4 2020 | 2020-12-31 | $2.40B | $229.0M | +10.56% |
| Q3 2020 | 2020-09-30 | $2.03B | −$29.0M | −1.41% |
| Q2 2020 | 2020-06-30 | $1.82B | −$150.0M | −7.60% |
| Q1 2020 | 2020-03-31 | $1.90B | −$29.0M | −1.50% |
| Q4 2019 | 2019-12-31 | $2.17B | $71.0M | +3.38% |
| Q3 2019 | 2019-09-30 | $2.06B | −$164.0M | −7.38% |
| Q2 2019 | 2019-06-30 | $1.97B | −$221.0M | −10.07% |
| Q1 2019 | 2019-03-31 | $1.93B | −$170.0M | −8.08% |
| Q4 2018 | 2018-12-31 | $2.10B | −$603.0M | −22.33% |
| Q3 2018 | 2018-09-30 | $2.22B | $1.00B | +82.51% |
| Q2 2018 | 2018-06-30 | $2.19B | $1.08B | +96.86% |
| Q1 2018 | 2018-03-31 | $2.10B | $977.0M | +86.77% |
| Q4 2017 | 2017-12-31 | $2.70B | $1.55B | +135.48% |
| Q3 2017 | 2017-09-30 | $1.22B | $120.0M | +10.93% |
| Q2 2017 | 2017-06-30 | $1.11B | −$7.0M | −0.62% |
| Q1 2017 | 2017-03-31 | $1.13B | $54.0M | +5.04% |
| Q4 2016 | 2016-12-31 | $1.15B | −$58.0M | −4.81% |
| Q3 2016 | 2016-09-30 | $1.10B | $46.0M | +4.37% |
| Q2 2016 | 2016-06-30 | $1.12B | $25.0M | +2.28% |
| Q1 2016 | 2016-03-31 | $1.07B | $17.0M | +1.61% |
| Q4 2015 | 2015-12-31 | $1.21B | $5.0M | +0.42% |
| Q3 2015 | 2015-09-30 | $1.05B | −$5.0M | −0.47% |
| Q2 2015 | 2015-06-30 | $1.10B | $127.0M | +13.09% |
| Q1 2015 | 2015-03-31 | $1.05B | $78.0M | +7.98% |
| Q4 2014 | 2014-12-31 | $1.20B | $185.0M | +18.23% |
| Q3 2014 | 2014-09-30 | $1.06B | $170.0M | +19.17% |
| Q2 2014 | 2014-06-30 | $970.0M | $52.0M | +5.66% |
| Q1 2014 | 2014-03-31 | $977.0M | $237.0M | +32.03% |
| Q4 2013 | 2013-12-31 | $1.01B | $300.0M | +41.96% |
| Q3 2013 | 2013-09-30 | $887.0M | $249.0M | +39.03% |
| Q2 2013 | 2013-06-30 | $918.0M | $280.0M | +43.89% |
| Q1 2013 | 2013-03-31 | $740.0M | $103.0M | +16.17% |
| Q4 2012 | 2012-12-31 | $715.0M | $361.0M | +101.98% |
| Q3 2012 | 2012-09-30 | $638.0M | −$14.0M | −2.15% |
| Q2 2012 | 2012-06-30 | $638.0M | $323.0M | +102.54% |
| Q1 2012 | 2012-03-31 | $637.0M | $484.0M | +316.34% |
| Q4 2011 | 2011-12-31 | $354.0M | $24.0M | +7.27% |
| Q3 2011 | 2011-09-30 | $652.0M | $38.0M | +6.19% |
| Q2 2011 | 2011-06-30 | $315.0M | −$276.0M | −46.70% |
| Q1 2011 | 2011-03-31 | $153.0M | −$434.0M | −73.94% |
| Q4 2010 | 2010-12-31 | $330.0M | −$22.0M | −6.25% |
| Q3 2010 | 2010-09-30 | $614.0M | −$2.0M | −0.32% |
| Q2 2010 | 2010-06-30 | $591.0M | $223.0M | +60.60% |
| Q1 2010 | 2010-03-31 | $587.0M | $281.0M | +91.83% |
| Q4 2009 | 2009-12-31 | $352.0M | — | — |
| Q3 2009 | 2009-09-30 | $616.0M | $67.0M | +12.20% |
| Q2 2009 | 2009-06-30 | $368.0M | −$309.0M | −45.64% |
| Q1 2009 | 2009-03-31 | $306.0M | — | — |
| Q3 2008 | 2008-09-30 | $549.0M | — | — |
| Q2 2008 | 2008-06-30 | $677.0M | — | — |
Warner Bros. Discovery operating expenses trends
Over the last five fiscal years, Warner Bros. Discovery's operating expenses increased from $8.16B to $36.56B, a change of $28.40B. The latest reported quarter, Q2 2026, shows $8.48B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income 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 ...