Warner Bros. Discovery (WBD) EBIT Margin (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly EBIT Margin came in at 27.76% in Q1 2026, down 2735.0% YoY from 1.05% in Q1 2025, and down 852.56% on a QoQ basis from 3.69% in Q4 2025.
Warner Bros. Discovery (WBD) EBIT Margin (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of EBIT Margin data on file, last reported at 27.76% in Q1 2026.
- Quarterly EBIT Margin fell 2735.0% year-over-year to 27.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.55% (up 2101.0% YoY) and the FY2025 annual result came in at 1.98%, up 2749.0% from the prior year.
- EBIT Margin fell to 27.76% in Q1 2026, from 3.69% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 11.17% in Q1 2022 to a low of 105.1% in Q2 2024.
- A 5-year average of 11.94% and a median of 1.89% in 2025 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2024 — EBIT Margin slumped 9635 bps — and 2025, when it surged 10321 bps.
- Tracing WBD's EBIT Margin over 5 years: stood at 17.21% in 2022, then jumped by 90 bps to 1.77% in 2023, then soared by 191 bps to 1.62% in 2024, then soared by 128 bps to 3.69% in 2025, then slumped by 853 bps to 27.76% in 2026.
- The last three EBIT Margin figures came in at 27.76% (Q1 2026), 3.69% (Q4 2025), and 6.76% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 33.38% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -35.31% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 2.72% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.81% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 24.17% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 9.42% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 10.79% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 14.33% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 27.78% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 21.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72% |
| Mar 31, 2026 | -27.76% |
| Dec 31, 2025 | 3.69% |
| Sep 30, 2025 | 6.76% |
| Jun 30, 2025 | -1.89% |
| Mar 31, 2025 | -0.41% |
| Dec 31, 2024 | 1.62% |
| Sep 30, 2024 | 2.92% |
| Jun 30, 2024 | -105.10% |
| Mar 31, 2024 | -2.68% |
| Dec 31, 2023 | -1.77% |
| Sep 30, 2023 | 0.97% |
| Jun 30, 2023 | -8.75% |
| Mar 31, 2023 | -5.21% |
| Dec 31, 2022 | -17.21% |
| Sep 30, 2022 | -22.29% |
| Jun 30, 2022 | -37.03% |
| Mar 31, 2022 | 11.17% |
| Dec 31, 2021 | 15.94% |
| Sep 30, 2021 | 10.44% |