Market Cap for Warner Bros. Discovery (WBD)
According to Warner Bros. Discovery's latest reported financial statements, the company's latest reported market cap is $72.91B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingMarket CapSwitch metric
Latest period
$72.91B
YoY change
-6.1%
5Y CAGR
+34.2%
Peak year (2025)
$72.91B
Latest annual
$68.44B
Market Cap history chart for Warner Bros. Discovery (WBD) from 2005 to 2026
Market Cap history table for Warner Bros. Discovery (WBD) from 2005 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $68.44B | -6.1% | ||
| 2025 | $72.91B | +181.6% | ||
| 2024 | $25.90B | -6.6% | ||
| 2023 | $27.72B | +50.7% | ||
| 2022 | $18.39B | +17.0% | ||
| 2021 | $15.72B | -22.8% | ||
| 2020 | $20.37B | -13.2% | ||
| 2019 | $23.47B | +37.9% | ||
| 2018 | $17.02B | +32.0% | ||
| 2017 | $12.89B | -22.9% | ||
| 2016 | $16.72B | -4.5% | ||
| 2015 | $17.50B | -26.0% | ||
| 2014 | $23.67B | -30.4% | ||
| 2013 | $34.01B | +38.6% | ||
| 2012 | $24.54B | +42.0% | ||
| 2011 | $17.29B | -7.2% | ||
| 2010 | $18.64B | +37.2% | ||
| 2009 | $13.58B | +185.8% | ||
| 2008 | $4.75B | -35.4% | ||
| 2007 | $7.36B | +52.8% | ||
| 2006 | $4.82B | +9.0% | ||
| 2005 | $4.42B | — |
Market Cap values are taken from Warner Bros. Discovery's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2026 reading of Warner Bros. Discovery (WBD) market cap is $68.44B – declined 6.1% year-over-year.
Looking at the 2021–2026 (5 years) stretch, Warner Bros. Discovery market cap compounded at +34.2% per year, with the latest reading among the more recent periods of the dataset.
Warner Bros. Discovery market cap declined from $72.91B in 2025 to $68.44B in 2026, a 6.1% drawdown.
Across the available history, market cap reached its high of $72.91B in 2025 and its low of $4.42B in 2005.
Among 8 Communication Services peers, Warner Bros. Discovery (WBD) ranks 9th; the peer median for market cap is $202.49B.
Warner Bros. Discovery Market Cap by Year
Warner Bros. Discovery Market Cap 2026: $68.44B
Warner Bros. Discovery market cap in 2026 was $68.44B, declined 6.1% below 2025.
Warner Bros. Discovery Market Cap 2025: $72.91B
Warner Bros. Discovery market cap in 2025 was $72.91B, surged 181.6% from 2024. This figure represents the highest annual value in the available history.
Warner Bros. Discovery Market Cap 2024: $25.90B
Warner Bros. Discovery market cap in 2024 was $25.90B, declined 6.6% below 2023.
Warner Bros. Discovery Market Cap 2023: $27.72B
Warner Bros. Discovery market cap in 2023 was $27.72B, surged 50.7% from 2022.
Warner Bros. Discovery Market Cap 2022: $18.39B
Warner Bros. Discovery market cap in 2022 was $18.39B.
See more financial history for Warner Bros. Discovery (WBD).
Sector peers — Market Cap
Companies in the same sector as Warner Bros. Discovery, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $4.66T | Communication Services |
| Meta Platforms, Inc. (META) | $1.55T | Communication Services |
| Netflix, Inc. (NFLX) | $388.53B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $205.74B | Communication Services |
| Verizon Communications Inc. (VZ) | $199.24B | Communication Services |
| AT&T Inc. (T) | $181.99B | Communication Services |
| The Walt Disney Company (DIS) | $179.77B | Communication Services |
| Comcast Corporation (CMCSA) | $98.74B | Communication Services |
Frequently asked questions
What is Warner Bros. Discovery's market cap?
- Latest reported market cap for Warner Bros. Discovery (WBD) is $72.91B (period ending December 31, 2025).
How has Warner Bros. Discovery market cap changed year-over-year?
- Warner Bros. Discovery (WBD) market cap changed -6.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Warner Bros. Discovery market cap?
- Warner Bros. Discovery (WBD) market cap compound annual growth rate is +34.2% over the most recent 5 years available.
When did Warner Bros. Discovery market cap hit its highest annual value?
- Warner Bros. Discovery market cap reached its highest annual value of $72.91B in 2025.
What was Warner Bros. Discovery market cap in 2025?
- Warner Bros. Discovery (WBD) market cap in 2025 was $72.91B.
What was Warner Bros. Discovery market cap in 2026?
- Warner Bros. Discovery (WBD) market cap in 2026 was $68.44B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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