Filing Flows › Warner Bros. Discovery (WBD) › Capital expenditures
Warner Bros. Discovery (WBD) capital expenditures by quarter
Warner Bros. Discovery's capital expenditures were $276M in Q2 2026 (second quarter 2026), -34% from Q4 2025. Over the last 6 quarters it ranged from $251M (Q1 2025) to $421M (Q4 2025).
| Quarter | Capital expenditures | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | $276M | -34% | -2% |
| Q4 2025 | $421M | +51% | +47% |
| Q3 2025 | $278M | -1% | — |
| Q2 2025 | $281M | +12% | — |
| Q1 2025 | $251M | -12% | — |
| Q4 2024 | $286M | — | — |
Q2 2026 at a glance
Warner Bros. Discovery, Q2 2026: revenue $8.7B (-11% year over year), operating margin 2.7%, net earnings $162M, operating cash flow $848M. The chart follows the revenue to costs, profit and cash.
Questions
What is Warner Bros. Discovery's capital expenditures?
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How has Warner Bros. Discovery's capital expenditures changed?
Discovery's capital expenditures were $276M in Q2 2026 (second quarter 2026), -34% from Q4 2025. Over the last 6 quarters it ranged from $251M (Q1 2025) to $421M (Q4 2025).
Q2 2026 results → · How Warner Bros. Discovery makes money →