Retained Earnings
The latest quarterly retained earnings is $-14.43 Billion with a quarter-over-quarter change of -25.33%. Retained earnings represent the cumulative net income that has been kept by the company rather than distributed to shareholders as dividends. It's a key component of shareholders' equity.
WBD Retained Earnings
Reported quarterly retained earnings; no daily interpolation.
Current Retained Earnings
$-14.43B
$-14.43 Billion
Quarter-over-Quarter Change
-25.33%
vs. $-11.51B prior quarter
Historical Data
86
Quarters of data available
Quarterly Retained Earnings History
| Period | Retained Earnings | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $-14.43B | $-2.92B | -25.33% |
| Q4 2025 | $-11.51B | $-252.00M | -2.24% |
| Q3 2025 | $-11.26B | $-148.00M | -1.33% |
| Q2 2025 | $-11.11B | +$1.58B | +12.45% |
| Q1 2025 | $-12.69B | $-453.00M | -3.70% |
| Q4 2024 | $-12.24B | $-494.00M | -4.21% |
| Q3 2024 | $-11.74B | +$135.00M | +1.14% |
| Q2 2024 | $-11.88B | $-9.99B | -527.24% |
| Q1 2024 | $-1.89B | $-966.00M | -104.09% |
| Q4 2023 | $-928.00M | $-402.00M | -76.43% |
| Q3 2023 | $-526.00M | $-421.00M | -400.95% |
| Q2 2023 | $-105.00M | $-1.24B | -109.27% |
| Q1 2023 | $1.13B | $-1.07B | -48.62% |
| Q4 2022 | $2.21B | $-2.10B | -48.79% |
| Q3 2022 | $4.31B | $-2.31B | -34.90% |
| Q2 2022 | $6.61B | $-3.42B | -34.08% |
| Q1 2022 | $10.03B | +$453.00M | +4.73% |
| Q4 2021 | $9.58B | +$58.00M | +0.61% |
| Q3 2021 | $9.52B | +$162.00M | +1.73% |
| Q2 2021 | $9.36B | +$678.00M | +7.81% |
| Q1 2021 | $8.68B | +$139.00M | +1.63% |
| Q4 2020 | $8.54B | +$265.00M | +3.20% |
| Q3 2020 | $8.28B | +$298.00M | +3.73% |
| Q2 2020 | $7.98B | +$268.00M | +3.48% |
| Q1 2020 | $7.71B | +$379.00M | +5.17% |
| Q4 2019 | $7.33B | +$474.00M | +6.91% |
| Q3 2019 | $6.86B | +$243.00M | +3.67% |
| Q2 2019 | $6.62B | +$953.00M | +16.83% |
| Q1 2019 | $5.66B | +$409.00M | +7.78% |
| Q4 2018 | $5.25B | +$270.00M | +5.42% |
| Q3 2018 | $4.98B | +$117.00M | +2.40% |
| Q2 2018 | $4.87B | +$210.00M | +4.51% |
| Q1 2018 | $4.66B | +$25.00M | +0.54% |
| Q4 2017 | $4.63B | $-1.15B | -19.93% |
| Q3 2017 | $5.79B | +$89.00M | +1.56% |
| Q2 2017 | $5.70B | +$314.00M | +5.83% |
| Q1 2017 | $5.38B | +$150.00M | +2.87% |
| Q4 2016 | $5.23B | +$194.00M | +3.85% |
| Q3 2016 | $5.04B | +$98.00M | +1.98% |
| Q2 2016 | $4.94B | +$319.00M | +6.90% |
| Q1 2016 | $4.62B | +$104.00M | +2.30% |
| Q4 2015 | $4.52B | +$220.00M | +5.12% |
| Q3 2015 | $4.30B | +$199.00M | +4.86% |
| Q2 2015 | $4.10B | +$195.00M | +5.00% |
| Q1 2015 | $3.90B | +$94.00M | +2.47% |
| Q4 2014 | $3.81B | +$155.00M | +4.24% |
| Q3 2014 | $3.65B | +$155.00M | +4.43% |
| Q2 2014 | $3.50B | +$376.00M | +12.04% |
| Q1 2014 | $3.12B | +$231.00M | +7.99% |
| Q4 2013 | $2.89B | +$288.00M | +11.06% |
| Q3 2013 | $2.60B | +$255.00M | +10.86% |
| Q2 2013 | $2.35B | +$297.00M | +14.47% |
| Q1 2013 | $2.05B | $-23.00M | -1.11% |
| Q4 2012 | $2.08B | +$224.00M | +12.10% |
| Q3 2012 | $1.85B | +$205.00M | +12.45% |
| Q2 2012 | $1.65B | +$293.00M | +21.66% |
| Q1 2012 | $1.35B | +$221.00M | +19.52% |
| Q4 2011 | $1.13B | +$336.00M | +42.21% |
| Q3 2011 | $796.00M | +$237.00M | +42.40% |
| Q2 2011 | $559.00M | +$254.00M | +83.28% |
| Q1 2011 | $305.00M | +$305.00M | — |
| Q4 2010 | $0 | $-75.00M | -100.00% |
| Q3 2010 | $75.00M | +$186.00M | +167.57% |
| Q2 2010 | $-111.00M | +$113.00M | +50.45% |
| Q1 2010 | $-224.00M | +$163.00M | +42.12% |
| Q4 2009 | $-387.00M | +$144.00M | +27.12% |
| Q3 2009 | $-531.00M | +$101.00M | +15.98% |
| Q2 2009 | $-632.00M | +$185.00M | +22.64% |
| Q1 2009 | $-817.00M | +$119.00M | +12.71% |
| Q4 2008 | $-936.00M | +$106.00M | +10.17% |
| Q3 2008 | $-1.04B | +$131.61M | +11.21% |
| Q2 2008 | $-1.17B | +$45.88M | +3.76% |
| Q1 2008 | $-1.22B | +$33.51M | +2.67% |
| Q4 2007 | $-1.25B | $-170.10M | -15.71% |
| Q3 2007 | $-1.08B | +$7.51M | +0.69% |
| Q2 2007 | $-1.09B | +$74.22M | +6.37% |
| Q1 2007 | $-1.16B | +$19.37M | +1.64% |
| Q4 2006 | $-1.18B | +$5.11M | +0.43% |
| Q3 2006 | $-1.19B | $-76.63M | -6.89% |
| Q2 2006 | $-1.11B | +$13.73M | +1.22% |
| Q1 2006 | $-1.13B | +$11.62M | +1.02% |
| Q4 2005 | $-1.14B | +$11.23M | +0.98% |
| Q3 2005 | $-1.15B | +$1.19M | +0.10% |
| Q2 2005 | $-1.15B | +$4.03M | +0.35% |
| Q1 2005 | $-1.15B | +$16.82M | +1.44% |
| Q4 2004 | $-1.17B | — | — |
Related Metrics
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- David Zaslav