Walt Disney (DIS) Gross Margin (2018 - 2026)
Walt Disney's (DIS) quarterly Gross Margin came in at 45.84% in Q2 2026, up 95.0% year-over-year from 23.51% in Q2 2025, and up 7.31% quarter-over-quarter from 42.72% in Q1 2026.
Analysis
Walt Disney (DIS) Gross Margin (2018 - 2026) Analysis & Trends
Walt Disney has disclosed Gross Margin across 9 years of filings, most recently posting 45.84% for Q2 2026.
- In Q2 2026, Gross Margin rose 95.0% year-over-year to 45.84%; the TTM figure through Jun 2026 stood at 43.79% (down 26.0% YoY), while the FY2025 annual figure was 44.21%, up 169.0% from the prior year.
- Gross Margin came in at 45.84% for Q2 2026 at Walt Disney, up from 42.72% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.84% in Q2 2026 to a low of 37.13% in Q4 2022.
- Average Gross Margin over 5 years is 42.22%, with a median of 42.45% recorded in 2023.
- The largest YoY upside for Gross Margin was 577 bps in 2022 against a maximum downside of 255 bps in 2022.
- Over 5 years, Gross Margin stood at 37.13% in 2022, then increased by 10 bps to 40.88% in 2023, then grew by 8 bps to 44.15% in 2024, then decreased by 4 bps to 42.25% in 2025, then increased by 8 bps to 45.84% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 45.84% in Q2 2026, 42.72% in Q1 2026, and 42.25% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.43 Bn | 177.24 Bn | 11.57 Bn | 45.84% |
| 2 | Lionsgate Studios | 3.26 Bn | 2.83 Bn | - | - |
| 3 | Angel Studios | 911.05 Mn | 863.01 Mn | 59.96 Mn | 53.67% |
| 4 | Kartoon Studios | 42.45 Mn | 1.96 Mn | - | - |
| 5 | American Picture House | 11.36 Mn | 11.36 Mn | - | - |
| 6 | K Wave Media | 3.24 Mn | -19.55 Mn | - | - |
| 7 | AI Era | 764,307.88 | 514,307.88 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 45.84% |
| Mar 28, 2026 | 42.72% |
| Dec 27, 2025 | 42.25% |
| Sep 27, 2025 | 44.46% |
| Jun 28, 2025 | 44.89% |
| Mar 29, 2025 | 43.36% |
| Dec 28, 2024 | 44.15% |
| Sep 28, 2024 | 43.79% |
| Jun 29, 2024 | 42.84% |
| Mar 30, 2024 | 42.66% |
| Dec 30, 2023 | 40.88% |
| Sep 30, 2023 | 42.45% |
| Jul 1, 2023 | 41.90% |
| Apr 1, 2023 | 39.67% |
| Dec 31, 2022 | 37.13% |
| Oct 1, 2022 | 40.11% |
| Jul 2, 2022 | 42.32% |
| Apr 2, 2022 | 41.14% |
| Jan 1, 2022 | 39.68% |
| Oct 2, 2021 | 39.53% |