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Warner Bros. Discovery, Inc. Total Operating Expenses 2007-2026 | WBD

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$36.56B

−25.9%YoY vs FY2024Source: 10-KFY2025

From $84.0M in FY2007 to $36.56B in FY2025: 435.2× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$11.4B+26.0%Not reportedNot reportedNot reported
FY25$9.0B−11.8%$10.0B−49.8%$8.4B−9.7%$9.1B−7.6%
FY24$10.2B−9.2%$19.9B+76.9%$9.3B−5.5%$9.9B−5.7%
FY23$11.3B+301.2%$11.3B−16.4%$9.9B−17.7%$10.5B−18.9%
FY22$2.8B+17.1%$13.5B+489.8%$12.0B+325.8%$12.9B+381.6%
Share21%28%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+35.0%

FY2020
$8.16B
FY2025
$36.56B

5 years selected · on the chart

Total Operating Expenses History

Year-over-year comparison from 10-K annual reports

  1. $36.56B
YoY changeLargest recent move+304.6%in FY22Latest −25.9%

2 older moves run past ±150% (largest +2659.5%); point at, tap or drag across the bars to read one.

Total Operating Expenses, period by period

PeriodValueChangeSource
FY2025$36.56B−25.9%10-K
FY2024$49.35B+15.1%10-K
FY2023$42.87B+4.1%10-K
FY2022$41.19B+304.6%10-K
FY2021$10.18B+24.8%10-K
FY2020$8.16B+0.3%10-K
FY2019$8.13B−5.6%10-K
FY2018$8.62B+39.9%10-K
FY2017$6.16B+38.8%10-K
FY2016$4.44B+0.7%10-K
FY2015$4.41B+4.9%10-K
FY2014$4.20B+18.1%10-K
FY2013$3.56B+35.5%10-K
FY2012$2.63B+11.1%10-K
FY2011$2.37B+1.5%10-K
FY2010$2.33B+6.6%10-K
FY2009$2.18B−5.8%10-K
FY2008$2.32B+2659.5%10-K
FY2007$84.0M—10-K

What is total operating expenses?

Total operating expenses include all costs related to running the core business, including cost of goods sold, R&D, and SG&A.

What is Warner Bros. Discovery, Inc.'s current total operating expenses?

Warner Bros. Discovery, Inc. (WBD) annual total operating expenses for 2025 was $36.56B, a 25.93% decline from 2024. Warner Bros. Discovery, Inc. total operating expenses for the quarter ending March 31, 2026 was $11.36B.

What was Warner Bros. Discovery, Inc.'s total operating expenses in 2024?

Warner Bros. Discovery, Inc. annual total operating expenses for 2024 was $49.35B, a 15.13% increase from 2023.

What was Warner Bros. Discovery, Inc.'s total operating expenses in 2023?

Warner Bros. Discovery, Inc. annual total operating expenses for 2023 was $42.87B, a 4.08% increase from 2022.

What is Warner Bros. Discovery, Inc.'s 5-year total operating expenses CAGR?

Warner Bros. Discovery, Inc. total operating expenses grew at a compound annual growth rate (CAGR) of 34.99% from FY2020 to FY2025, going from $8.16B to $36.56B over 5 years.

Company
Warner Bros. Discovery, Inc.
Ticker
WBD
Sector
Other
Industry
Cable & Other Pay Television Services