Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly EBT Margin came in at 3.11% in Q2 2026, down 2812.0% on a YoY basis from 0.11% in Q2 2025, and up 91.14% quarter-over-quarter from 35.08% in Q1 2026.
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Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported EBT Margin for 18 consecutive years, with 3.11% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 2812.0% year-over-year to 3.11%; the trailing twelve-month figure through Jun 2026 stood at 10.44% (down 1431.0% YoY), and the FY2025 full-year result was 4.39%, up 3336.0% from the prior year.
- EBT Margin advanced to 3.11% in Q2 2026 per WBD's latest filing, from 35.08% in the prior quarter.
- Across five years, EBT Margin topped out at 25.01% in Q2 2025 and bottomed at 103.32% in Q2 2024.
- Historically, EBT Margin has averaged 13.89% across 5 years, with a median of 5.65% in 2023.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 8903 bps in 2024, then jumped 12833 bps in 2025.
- Over 5 years, EBT Margin stood at 23.08% in 2022, then jumped by 74 bps to 5.96% in 2023, then surged by 40 bps to 3.55% in 2024, then slipped by 21 bps to 4.31% in 2025, then gained by 28 bps to 3.11% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 3.11%, 35.08%, and 4.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | -3.11% |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 21.87% |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | - |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 19.65% |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 8.88% |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 5.30% |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | -4.46% |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 2.26% |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | -246.38% |
Historic Data
Download Data
Historic 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% |