Walt Disney (DIS) Gross Margin (2018 - 2026)

Walt Disney's (DIS) quarterly Gross Margin came in at 94.1% in Q1 2026, up 5074.0% year-on-year from 1.82% in Q1 2025, and down 2.35% quarter-over-quarter from 96.37% in Q4 2025.

Walt Disney (DIS) Gross Margin (2018 - 2026) Analysis & Trends

Walt Disney has disclosed Gross Margin across 9 years of filings, most recently posting 94.1% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 94.1%, up 5074.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 82.52% (up 1279.0% YoY), and the FY2025 annual result was 93.55%, up 5103.0% from the prior year.
  • Gross Margin came in at 94.1% for Q1 2026 at Walt Disney, down from 96.37% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 256.11% in Q4 2022 to a low of 128.71% in Q3 2023.
  • The 5-year median for Gross Margin is 68.91% (2025), against an average of 67.57%.
  • Across the five-year window, Gross Margin sank 38482 bps in 2023 and surged 17251 bps in 2024, its largest moves.
  • Walt Disney's Gross Margin stood at 37.13% in 2022, then soared by 150 bps to 92.93% in 2023, then climbed by 4 bps to 96.24% in 2024, then increased by 0 bps to 96.37% in 2025, then dropped by 2 bps to 94.1% in 2026.
  • The last three Gross Margin figures came in at 94.1% (Q1 2026), 96.37% (Q4 2025), and 93.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Netflix 349.58 Bn 337.29 Bn 11.41 Bn 93.12%
2 Walt Disney 175.79 Bn 182.39 Bn 23.68 Bn 94.10%
3 Warner Bros. Discovery 65.98 Bn 63.84 Bn 4.25 Bn 47.79%
4 Brera Holdings 47.91 Bn 47.91 Bn - -
5 Live Nation Entertainment 37.10 Bn 28.65 Bn 1.31 Bn 34.66%
6 Fox 26.20 Bn 22.71 Bn - -
7 Liberty Media 20.17 Bn 20.84 Bn 298.00 Mn 41.91%
8 Roku 18.22 Bn 15.84 Bn 564.94 Mn 45.24%
9 News 17.17 Bn 15.69 Bn - -
10 TKO Group Holdings 15.67 Bn 13.98 Bn 862.52 Mn 54.01%

Historic Data

Download Data
DateValue
Mar 28, 2026 94.10%
Dec 27, 2025 96.37%
Sep 27, 2025 93.14%
Jun 28, 2025 44.89%
Mar 29, 2025 43.36%
Dec 28, 2024 96.24%
Sep 28, 2024 43.79%
Jun 29, 2024 93.64%
Mar 30, 2024 42.66%
Dec 30, 2023 92.93%
Sep 30, 2023 -128.71%
Jul 1, 2023 41.90%
Apr 1, 2023 93.33%
Dec 31, 2022 37.13%
Oct 1, 2022 256.11%
Jul 2, 2022 42.32%
Apr 2, 2022 93.43%
Jan 1, 2022 39.68%
Oct 2, 2021 93.89%
Jul 3, 2021 39.78%