Shares Outstanding for Warner Bros. Discovery (WBD)
According to Warner Bros. Discovery's latest reported financial statements, the company's latest reported diluted shares outstanding is 2.53B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
2.53B
YoY change
+3.3%
5Y CAGR
+30.2%
Peak year (2025)
2.53B
Latest annual
2.53B
Shares Outstanding history chart for Warner Bros. Discovery (WBD) from 2000 to 2025
Shares Outstanding history table for Warner Bros. Discovery (WBD) from 2000 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 2.53B | +3.3% | ||
| 2024 | 2.45B | +0.6% | ||
| 2023 | 2.44B | +25.6% | ||
| 2022 | 1.94B | +190.4% | ||
| 2021 | 668.00M | -1.3% | ||
| 2020 | 677.00M | -5.6% | ||
| 2019 | 717.00M | +4.2% | ||
| 2018 | 688.00M | +19.4% | ||
| 2017 | 576.00M | -5.6% | ||
| 2016 | 610.00M | -7.0% | ||
| 2015 | 656.00M | -4.5% | ||
| 2014 | 687.00M | -4.8% | ||
| 2013 | 722.00M | -2.7% | ||
| 2012 | 742.00M | -8.4% | ||
| 2011 | 810.00M | -5.6% | ||
| 2010 | 858.00M | +0.9% | ||
| 2009 | 850.00M | +32.0% | ||
| 2008 | 644.00M | +14.6% | ||
| 2007 | 562.00M | -2.3% | ||
| 2006 | 575.00M | +2.6% | ||
| 2005 | 560.41M | 0.0% | ||
| 2004 | 560.41M | 0.0% | ||
| 2003 | 560.41M | 0.0% | ||
| 2002 | 560.41M | 0.0% | ||
| 2001 | 560.41M | 0.0% | ||
| 2000 | 560.41M | — |
Shares Outstanding 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
Warner Bros. Discovery (WBD) most recent annual diluted shares outstanding stands at 2.53B (2025) – edged up 3.3% year-over-year.
Over 2020–2025 (5 years), Warner Bros. Discovery diluted shares outstanding expanded at a +30.2% compound annual rate, sustaining 4 straight years of year-over-year growth.
The highest annual diluted shares outstanding of 2.53B was reported in 2025. The lowest in the available history was 560.41M in 2000.
Within Communication Services, Warner Bros. Discovery (WBD) ranks 7th among 8 peers we track. The peer median for diluted shares outstanding is 3.93B.
Warner Bros. Discovery Shares Outstanding by Year
Warner Bros. Discovery Shares Outstanding 2025: 2.53B
Warner Bros. Discovery diluted shares outstanding in 2025 was 2.53B, edged up 3.3% from 2024. This figure represents the highest annual value in the available history.
Warner Bros. Discovery Shares Outstanding 2024: 2.45B
Warner Bros. Discovery diluted shares outstanding in 2024 was 2.45B, edged up 0.6% from 2023.
Warner Bros. Discovery Shares Outstanding 2023: 2.44B
Warner Bros. Discovery diluted shares outstanding in 2023 was 2.44B, grew 25.6% from 2022.
Warner Bros. Discovery Shares Outstanding 2022: 1.94B
Warner Bros. Discovery diluted shares outstanding in 2022 was 1.94B, surged 190.4% from 2021.
Warner Bros. Discovery Shares Outstanding 2021: 668.00M
Warner Bros. Discovery diluted shares outstanding in 2021 was 668.00M.
See more financial history for Warner Bros. Discovery (WBD).
Sector peers — Shares Outstanding
Companies in the same sector as Warner Bros. Discovery, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | 12.23B | Communication Services |
| AT&T Inc. (T) | 7.18B | Communication Services |
| Netflix, Inc. (NFLX) | 4.32B | Communication Services |
| Verizon Communications Inc. (VZ) | 4.23B | Communication Services |
| Comcast Corporation (CMCSA) | 3.64B | Communication Services |
| Meta Platforms, Inc. (META) | 2.57B | Communication Services |
| The Walt Disney Company (DIS) | 1.81B | Communication Services |
| T-Mobile US, Inc. (TMUS) | 1.13B | Communication Services |
Frequently asked questions
What is Warner Bros. Discovery's diluted shares outstanding?
- Latest reported diluted shares outstanding for Warner Bros. Discovery (WBD) is 2.53B (period ending December 31, 2025).
How has Warner Bros. Discovery diluted shares outstanding changed year-over-year?
- Warner Bros. Discovery (WBD) diluted shares outstanding changed +3.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Warner Bros. Discovery diluted shares outstanding?
- Warner Bros. Discovery (WBD) diluted shares outstanding compound annual growth rate is +30.2% over the most recent 5 years available.
When did Warner Bros. Discovery diluted shares outstanding hit its highest annual value?
- Warner Bros. Discovery diluted shares outstanding reached its highest annual value of 2.53B in 2025.
What was Warner Bros. Discovery diluted shares outstanding in 2024?
- Warner Bros. Discovery (WBD) diluted shares outstanding in 2024 was 2.45B.
What was Warner Bros. Discovery diluted shares outstanding in 2025?
- Warner Bros. Discovery (WBD) diluted shares outstanding in 2025 was 2.53B.
Metrics overview
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