Growth Metrics

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

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

Warner Bros. Discovery (WBD) has 18 years of EBIT Margin data on file, last reported at 27.76% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 2735.0% year-over-year to 27.76%; the trailing twelve-month figure through Mar 2026 stood at 4.55% (up 2101.0% YoY), and the FY2025 full-year result was 1.98%, up 2749.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 27.76%, 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.
  • The 5-year median for EBIT Margin is 1.89% (2025), against an average of 11.94%.
  • The widest annual swing landed in 2024, when EBIT Margin plunged 9635 bps; it then surged 10321 bps in 2025.
  • A 5-year view of EBIT Margin shows it stood at 17.21% in 2022, then surged by 90 bps to 1.77% in 2023, then jumped by 191 bps to 1.62% in 2024, then jumped by 128 bps to 3.69% in 2025, then sank 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 32.30%
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 9.16%
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn -27.76%
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn -9.77%
5 Fox 26.01 Bn 22.51 Bn - 5.91%
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 9.00%
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 4.15%
8 News 16.98 Bn 15.50 Bn - 8.65%
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 21.20%
10 Paramount Skydance 12.11 Bn 10.03 Bn - -92.99%

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%
Mar 31, 2021 14.18%
Dec 31, 2020 16.91%
Sep 30, 2020 20.73%
Jun 30, 2020 28.22%
Mar 31, 2020 29.03%
Dec 31, 2019 24.53%
Sep 30, 2019 23.11%
Jun 30, 2019 31.58%
Mar 31, 2019 28.59%
Dec 31, 2018 25.31%
Sep 30, 2018 14.24%
Jun 30, 2018 22.85%
Mar 31, 2018 8.84%
Dec 31, 2017 -44.90%
Sep 30, 2017 26.23%
Jun 30, 2017 36.10%
Mar 31, 2017 30.19%
Dec 31, 2016 31.40%
Sep 30, 2016 29.43%
Jun 30, 2016 34.31%
Mar 31, 2016 31.33%
Dec 31, 2015 26.79%
Sep 30, 2015 32.43%
Jun 30, 2015 33.68%
Mar 31, 2015 31.36%
Dec 31, 2014 28.40%
Sep 30, 2014 32.59%
Jun 30, 2014 39.75%
Mar 31, 2014 30.76%
Dec 31, 2013 33.96%
Sep 30, 2013 35.49%
Jun 30, 2013 37.42%
Mar 31, 2013 35.99%
Dec 31, 2012 40.08%
Sep 30, 2012 40.71%
Jun 30, 2012 43.34%
Mar 31, 2012 41.29%
Dec 31, 2011 38.16%
Sep 30, 2011 39.63%
Jun 30, 2011 42.46%
Mar 31, 2011 54.39%
Dec 31, 2010 38.82%
Sep 30, 2010 33.69%
Jun 30, 2010 38.63%
Mar 31, 2010 32.45%
Dec 31, 2009 -29.42%
Sep 30, 2009 25.18%
Jun 30, 2009 55.16%
Mar 31, 2009 30.43%