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

Walt Disney's (DIS) quarterly Operating Margin came in at 9.16% in Q1 2026, up 5095.0% year-on-year from 0.18% in Q1 2025, and down 18.85% quarter-over-quarter from 11.29% in Q4 2025.

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

Walt Disney has disclosed Operating Margin across 9 years of filings, most recently posting 9.16% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 9.16%, up 5095.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.18% (up 1254.0% YoY), and the FY2025 annual result was 8.2%, up 5263.0% from the prior year.
  • Operating Margin came in at 9.16% for Q1 2026 at Walt Disney, down from 11.29% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 158.8% in Q4 2022 to a low of 218.91% in Q3 2023.
  • The 5-year median for Operating Margin is 18.98% (2022), against an average of 20.57%.
  • Across the five-year window, Operating Margin plunged 37771 bps in 2023 and jumped 17486 bps in 2024, its largest moves.
  • Walt Disney's Operating Margin stood at 54.39% in 2022, then soared by 110 bps to 5.4% in 2023, then surged by 136 bps to 12.75% in 2024, then dropped by 12 bps to 11.29% in 2025, then dropped by 19 bps to 9.16% in 2026.
  • The last three Operating Margin figures came in at 9.16% (Q1 2026), 11.29% (Q4 2025), and 4.72% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 32.30%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 9.16%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -27.76%
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -9.77%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 9.00%
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 4.15%
9 News 15.92 Bn 14.45 Bn - -
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 21.20%

Historic Data

Download Data
DateValue
Mar 28, 2026 9.16%
Dec 27, 2025 11.29%
Sep 27, 2025 4.72%
Jun 28, 2025 -39.70%
Mar 29, 2025 -41.79%
Dec 28, 2024 12.75%
Sep 28, 2024 -44.05%
Jun 29, 2024 8.12%
Mar 30, 2024 -44.31%
Dec 30, 2023 5.40%
Sep 30, 2023 -218.91%
Jul 1, 2023 -46.27%
Apr 1, 2023 3.75%
Dec 31, 2022 -54.39%
Oct 1, 2022 158.80%
Jul 2, 2022 -46.37%
Apr 2, 2022 1.75%
Jan 1, 2022 -50.25%
Oct 2, 2021 -2.88%
Jul 3, 2021 -52.26%