The Surface Water and Ocean Topography (SWOT) mission will vastly expand measurements of global rivers, providing critical new data sets for both gaged and ungaged basins. SWOT discharge products (available approximately 1 year after launch) will provide discharge for all river that reaches wider than 100 m. In this paper, we describe how SWOT discharge produced and archived by the US and French space agencies will be computed from measurements of river water surface elevation, width, and slope and ancillary data, along with expected discharge accuracy. We present for the first time a complete estimate of the SWOT discharge uncertainty budget, with separate terms for random (standard error) and systematic (bias) uncertainty components in river discharge time series. We expect that discharge uncertainty will be less than 30% for two‐thirds of global reaches and will be dominated by bias. Separate river discharge estimates will combine both SWOT and in situ data; these “gage‐constrained” discharge estimates can be expected to have lower systematic uncertainty. Temporal variations in river discharge time series will be dominated by random error and are expected to be estimated within 15% for nearly all reaches, allowing accurate inference of event flow dynamics globally, including in ungaged basins. We believe this level of accuracy lays the groundwork for SWOT to enable breakthroughs in global hydrologic science.

The Surface Water and Ocean Topography (SWOT) satellite has the potential to transform global hydrologic science by offering simultaneous and synoptic estimates of river discharge and other hydraulic variables. Discharge is estimated from SWOT observations of water surface elevation, width, and slope. A first assessment using just the highest quality SWOT measurements, over the first 15 months (March 2023–July 2024) of the mission evaluated at 65 gauged reaches shows results consistent with pre‐launch expectations. SWOT estimates track discharge dynamics without relying on any gauge information: median correlation is 0.73, with a correlation interquartile range of 0.51–0.89. SWOT estimates capture discharge magnitude correctly in some cases but are biased (median bias is 50%) in others. There are already a total of 11,274 ungauged global locations with highest quality SWOT measurements where SWOT discharge is expected to accurately track discharge variations: this value will increase as SWOT data record length grows, algorithms are refined and SWOT measurements are reprocessed. This first look indicates that SWOT discharge is performing as expected for SWOT data that achieve performance requirements, providing observed information on discharge variations in ungauged basins globally.

The Surface Water and Ocean Topography (SWOT) satellite mission will measure river width, water surface elevation, and slope for rivers wider than 50‐100 m. SWOT observations will enable estimation of river discharge by using simple flow laws such as the Manning‐Strickler equation, complementing in‐situ streamgages. Several discharge inversion algorithms designed to compute unobserved flow law parameters (e.g. friction coefficient, bathymetry) have been proposed, but to date, a systematic assessment of factors controlling algorithm performance has not been conducted. Here, we assess the performance of the five algorithms that are expected to be used in the construction of the SWOT product. To perform this assessment, we used synthetic SWOT observations created with hydraulic model output corrupted with SWOT‐like error. Prior information provided to the algorithms was purposefully limited to an estimate of mean annual flow (MAF), designed to produce a “worst case” benchmark. Prior MAF error was an important control on algorithm performance, but discharge estimates produced by the algorithms are less biased than the MAF; thus, the discharge algorithms improve on the prior. We show for the first time that accuracy and frequency of remote sensing observations are less important than prior bias, hydraulic variability among reaches, and flow law accuracy in governing discharge algorithm performance. The discharge errors and error sensitivities reported herein are a bounding benchmark, representing worst possible expected errors and error sensitivities. This study lays the groundwork to develop predictive power of algorithm performance, and thus map the global distribution of worst‐case SWOT discharge accuracy.