WBD (Warner Bros. Discovery) Tax Provision: $-661 Mil (TTM As of Mar. 2026)

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WBD Warner Bros. Discovery Inc WBD
60 GF Score
Price $27.29
GF Value $9.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Warner Bros. Discovery Tax Provision?

Warner Bros. Discovery WBD +0.07% 60 Tax Provision is $-661 Mil as of Mar. 2026. GuruFocus rates WBD with a GF Score™ of 60/100 and a GF Value™ of $9.72 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Warner Bros. Discovery's tax provision for the three months ended in Mar. 2026 was $214 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-661 Mil.

Warner Bros. Discovery Tax Provision Historical Data

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The historical data trend for Warner Bros. Discovery's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Warner Bros. Discovery Tax Provision Chart

Warner Bros. Discovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -236.00 1,663.00 784.00 -94.00 -890.00

Warner Bros. Discovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.00 -866.00 -170.00 161.00 214.00
WBD
60GF Score
Warner Bros. Discovery Inc WBD
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Warner Bros. Discovery Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-661 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-661 Mil mean?
Warner Bros. Discovery (WBD) has a Tax Provision of $-661 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Warner Bros. Discovery and its competitors.
Is Warner Bros. Discovery's Tax Provision too high?
Warner Bros. Discovery's current Tax Provision is $-661 Mil. Overall, Warner Bros. Discovery has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Tax Provision compare to LYV and FWONA?
Warner Bros. Discovery's Tax Provision of $-661 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Media - Diversified company?
A good Tax Provision depends on the Media - Diversified industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Warner Bros. Discovery and its competitors. Warner Bros. Discovery's current Tax Provision is $-661 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Bros. Discovery stock overvalued right now?
Based on GuruFocus' analysis, Warner Bros. Discovery (WBD) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.72, compared to a current price of $27.29 — trading 180.8% above its estimated fair value. The current Tax Provision is $-661 Mil. Warner Bros. Discovery's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Warner Bros. Discovery (WBD), the current Tax Provision is $-661 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Warner Bros. Discovery (WBD) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued. The current stock price of $27.29 is trading 180.8% above its estimated GF Value™ of $9.72. GuruFocus considers Warner Bros. Discovery to be Significantly Overvalued.

Key valuation signals for WBD:

  • Tax Provision: $-661 Mil
  • GF Value™: $9.72 vs. price of $27.29 (180.8% above fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Warner Bros. Discovery Business Description

Address 230 Park Avenue South, New York, NY, USA, 10003
Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.29
Price
$9.72
GF Value