Growth Metrics

Warner Bros. Discovery (WBD) EBITDA Margin (2016 - 2026)

Warner Bros. Discovery filings provide 17 years of EBITDA Margin readings, the most recent being 3.69% for Q4 2025.

  • On a quarterly basis, EBITDA Margin rose 207.0% to 3.69% in Q4 2025 year-over-year; TTM through Dec 2025 was 1.98%, a 2749.0% increase, with the full-year FY2025 number at 4.87%, up 2758.0% from a year prior.
  • EBITDA Margin hit 3.69% in Q4 2025 for Warner Bros. Discovery, down from 6.76% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 25.44% in Q2 2021 to a low of 105.1% in Q2 2024.
  • Median EBITDA Margin over the past 5 years was 0.28% (2023), compared with a mean of 5.46%.
  • Biggest five-year swings in EBITDA Margin: plummeted -9635bps in 2024 and later skyrocketed 10321bps in 2025.
  • Warner Bros. Discovery's EBITDA Margin stood at 15.94% in 2021, then tumbled by -208bps to 17.21% in 2022, then soared by 90bps to 1.77% in 2023, then surged by 191bps to 1.62% in 2024, then surged by 128bps to 3.69% in 2025.
  • The last three reported values for EBITDA Margin were 3.69% (Q4 2025), 6.76% (Q3 2025), and 1.89% (Q2 2025) per Business Quant data.