Companies: 10,795·Total market cap: $144.5T
Warner Bros. Discovery, Inc.

Warner Bros. Discovery, Inc.

WBDNASDAQCommunication Services● Active
$26.29
+$0.05(+0.17%)
Market Cap$65.9B
P/E Ratio—
52W High$30
52W Low$9.11
Cash on HandFinancialsRevenue

Warner Bros. Discovery, Inc. (WBD) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

WBD · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$4.57B▼ -14.0% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$4.57B
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-14.0%
vs prior fiscal year
Latest Quarter
$3.26B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$4.57BCash on Hand
Total Debt$32.57BTotal Debt
Net Cash / Net Debt−$28.00BNet Debt Position
Cash vs Debt Ratio
Cash 12%Debt 88%

Warner Bros. Discovery, Inc. carries a net debt position of $28.00B. Total debt ($32.57B) exceeds cash on hand ($4.57B). Warner Bros. Discovery, Inc. cash vs debt ratio: 12% cash / 88% debt.

Net Cash = Cash & ST Investments − Total Debt$4.57B − $32.57B = −$28.00B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
WBD annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$4.57B-14.0%
Dec 31, 2024$5.31B+40.5%
Dec 31, 2023$3.78B+1.3%
Dec 31, 2022$3.73B-4.5%
Dec 31, 2021$3.90B+86.8%
WBD cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Communication Services Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
Alphabet Inc.
Alphabet Inc.
GOOGL
$126.84B2.9%#2
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$81.59B5.5%#3
Netflix, Inc.
Netflix, Inc.
NFLX
$9.06B2.6%#4
T-Mobile US, Inc.
T-Mobile US, Inc.
TMUS
$5.60B2.9%
#5
Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc.YOU
WBD
$4.57B6.9%
Communication Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Warner Bros. Discovery, Inc. (WBD) cash on hand as of December 31, 2025 is $4.57B, comprising $4.57B in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Warner Bros. Discovery, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Warner Bros. Discovery, Inc. cash reserves or cash position.

Warner Bros. Discovery, Inc. annual cash on hand history shows decreased -14.0% in 2025: decreased -14.0% in 2025. Warner Bros. Discovery, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Warner Bros. Discovery, Inc. carries total debt of $32.57B against cash of $4.57B, resulting in a net debt position of -$28.00B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

WBD cash on hand · 5 questions

As of December 31, 2025, Warner Bros. Discovery, Inc. (WBD) has $4.57B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $4.57B in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $3.26B. Data sourced from the annual 10-K filing via FMP.

WBD cash on handWBD cash reservesWBD cash 2025how much cash does WBD have

▸ Source: FMP /balance-sheet-statement · US GAAP · Warner Bros. Discovery, Inc. · Warner Bros. Discovery, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025