Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly EBT Margin came in at 35.08% in Q1 2026, down 3025.0% YoY from 1.2% in Q1 2025, and down 713.46% on a QoQ basis from 4.31% in Q4 2025.
Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of EBT Margin data on file, last reported at 35.08% in Q1 2026.
- Quarterly EBT Margin fell 3025.0% year-over-year to 35.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.81% (up 2588.0% YoY) and the FY2025 annual result came in at 4.39%, up 3336.0% from the prior year.
- EBT Margin retreated to 35.08% in Q1 2026, from 4.31% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 25.01% in Q2 2025 to a low of 103.32% in Q2 2024.
- A 5-year average of 14.52% and a median of 5.96% in 2023 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2024 — EBT Margin plunged 8903 bps — and 2025, when it soared 12833 bps.
- Tracing WBD's EBT Margin over 5 years: stood at 23.08% in 2022, then surged by 74 bps to 5.96% in 2023, then soared by 40 bps to 3.55% in 2024, then retreated by 21 bps to 4.31% in 2025, then tumbled by 713 bps to 35.08% in 2026.
- The last three EBT Margin figures came in at 35.08% (Q1 2026), 4.31% (Q4 2025), and 0.3% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 32.39% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 14.44% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -3.11% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 6.76% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 21.87% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 3.53% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 12.50% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 11.90% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 23.37% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | 18.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.11% |
| Mar 31, 2026 | -35.08% |
| Dec 31, 2025 | -4.31% |
| Sep 30, 2025 | 0.30% |
| Jun 30, 2025 | 25.01% |
| Mar 31, 2025 | -4.83% |
| Dec 31, 2024 | -3.55% |
| Sep 30, 2024 | -1.85% |
| Jun 30, 2024 | -103.32% |
| Mar 31, 2024 | -8.22% |
| Dec 31, 2023 | -5.96% |
| Sep 30, 2023 | -5.33% |
| Jun 30, 2023 | -14.29% |
| Mar 31, 2023 | -11.57% |
| Dec 31, 2022 | -23.08% |
| Sep 30, 2022 | -29.02% |
| Jun 30, 2022 | -43.19% |
| Mar 31, 2022 | 21.40% |
| Dec 31, 2021 | 5.74% |
| Sep 30, 2021 | 7.40% |