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| Date | Value |
|---|---|
| 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% |