Warner Bros. Discovery (WBD) EBIT Margin (2009 - 2026)

Warner Bros. Discovery (WBD) posted EBIT Margin of 27.76% for Q1 2026, down 852.56% on a QoQ basis from 3.69% in Q4 2025, and down 2735.0% year-over-year from 1.05% in Q1 2025.

Warner Bros. Discovery (WBD) EBIT Margin (2009 - 2026) Analysis & Trends

Warner Bros. Discovery's EBIT Margin history runs 18 years deep, the most recent figure standing at 27.76% for 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 was 27.76% for Q1 2026 at Warner Bros. Discovery, down from 3.69% in the prior quarter.
  • Across five years, EBIT Margin topped out at 11.17% in Q1 2022 and bottomed at 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 sank 9635 bps — and 2025, when it surged 10321 bps.
  • Warner Bros. Discovery's EBIT Margin stood at 17.21% in 2022, then soared by 90 bps to 1.77% in 2023, then surged by 191 bps to 1.62% in 2024, then surged by 128 bps to 3.69% in 2025, then plunged by 853 bps to 27.76% in 2026.
  • Business Quant data shows WBD's EBIT Margin at 27.76% in Q1 2026, 3.69% in Q4 2025, and 6.76% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 33.38%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -42.23%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -27.76%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -9.77%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 9.00%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 4.15%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 21.20%
8 Fox 20.85 Bn 17.36 Bn - 8.14%
9 News 16.48 Bn 15.01 Bn - 9.79%
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 21.71%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 25.44%