Walt Disney (DIS) Gross Margin (2018 - 2026)
Walt Disney (DIS) posted Gross Margin of 42.72% for Q1 2026, down 55.67% sequentially from 96.37% in Q4 2025, and down 65.0% YoY from 122.05% in Q1 2025.
Walt Disney (DIS) Gross Margin (2018 - 2026) Analysis & Trends
Walt Disney has reported Gross Margin for 9 years, with the latest figure at 42.72% in Q1 2026.
- Quarterly Gross Margin fell 65.0% year-over-year to 42.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 108.79% (up 2795.0% YoY) and the FY2025 annual result came in at 96.55%, up 333.0% from the prior year.
- Gross Margin declined to 42.72% in Q1 2026 per DIS's latest filing, from 96.37% in the prior quarter.
- Over five years, Gross Margin peaked at 264.48% in Q3 2025 and troughed at 39.67% in Q2 2023.
- A 5-year average of 86.62% and a median of 93.23% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin tumbled 5376 bps in 2023, then surged 17131 bps in 2025.
- Over 5 years, Gross Margin stood at 93.17% in 2022, then plunged by 56 bps to 40.88% in 2023, then soared by 129 bps to 93.45% in 2024, then gained by 3 bps to 96.37% in 2025, then plunged by 56 bps to 42.72% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 42.72%, 96.37%, and 264.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 51.93% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 45.84% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 46.99% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 25.34% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 35.22% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 49.73% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 64.05% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 35.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 45.84% |
| Mar 28, 2026 | 42.72% |
| Dec 27, 2025 | 96.37% |
| Sep 27, 2025 | 264.48% |
| Jun 28, 2025 | 44.89% |
| Mar 29, 2025 | 43.36% |
| Dec 28, 2024 | 93.45% |
| Sep 28, 2024 | 93.17% |
| Jun 29, 2024 | 93.64% |
| Mar 30, 2024 | 93.17% |
| Dec 30, 2023 | 40.88% |
| Sep 30, 2023 | 105.65% |
| Jul 1, 2023 | 93.30% |
| Apr 1, 2023 | 39.67% |
| Dec 31, 2022 | 93.17% |
| Oct 1, 2022 | 40.11% |
| Jul 2, 2022 | 94.06% |
| Apr 2, 2022 | 93.43% |
| Jan 1, 2022 | 93.56% |
| Oct 2, 2021 | -106.43% |