Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026)
Warner Bros. Discovery posted quarterly EBT Margin of 35.08% for Q1 2026, down 3025.0% year-on-year from 1.2% in Q1 2025, and down 713.46% on a QoQ basis from 4.31% in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of EBT Margin data on file, last reported at 35.08% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 3025.0% year-over-year to 35.08%; the trailing twelve-month figure through Mar 2026 stood at 2.81% (up 2588.0% YoY), and the FY2025 full-year result was 4.39%, up 3336.0% from the prior year.
- EBT Margin for Q1 2026 stood at 35.08%, down from 4.31% 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.
- The 5-year median for EBT Margin is 5.96% (2023), against an average of 14.52%.
- The widest annual swing landed in 2024, when EBT Margin slumped 8903 bps; it then soared 12833 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 23.08% in 2022, then soared by 74 bps to 5.96% in 2023, then jumped by 40 bps to 3.55% in 2024, then decreased by 21 bps to 4.31% in 2025, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 53.45% |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 13.38% |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -35.08% |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -10.86% |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 5.91% |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 8.16% |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 7.10% |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 8.65% |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 17.67% |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | -97.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 23.51% |
| Mar 31, 2021 | 10.64% |
| Dec 31, 2020 | 14.41% |
| Sep 30, 2020 | 12.46% |
| Jun 30, 2020 | 17.95% |
| Mar 31, 2020 | 20.01% |
| Dec 31, 2019 | 19.59% |
| Sep 30, 2019 | 16.58% |
| Jun 30, 2019 | 24.82% |
| Mar 31, 2019 | 21.09% |
| Dec 31, 2018 | 17.59% |
| Sep 30, 2018 | 6.87% |
| Jun 30, 2018 | 12.90% |
| Mar 31, 2018 | -0.74% |
| Dec 31, 2017 | -56.33% |
| Sep 30, 2017 | 9.93% |
| Jun 30, 2017 | 27.11% |
| Mar 31, 2017 | 17.11% |
| Dec 31, 2016 | 27.51% |
| Sep 30, 2016 | 20.63% |
| Jun 30, 2016 | 29.86% |
| Mar 31, 2016 | 24.34% |
| Dec 31, 2015 | 20.84% |
| Sep 30, 2015 | 26.53% |
| Jun 30, 2015 | 25.88% |
| Mar 31, 2015 | 24.40% |
| Dec 31, 2014 | 21.72% |
| Sep 30, 2014 | 28.19% |
| Jun 30, 2014 | 36.77% |
| Mar 31, 2014 | 24.73% |
| Dec 31, 2013 | 29.86% |
| Sep 30, 2013 | 30.47% |
| Jun 30, 2013 | 32.79% |
| Mar 31, 2013 | 32.61% |
| Dec 31, 2012 | 33.75% |
| Sep 30, 2012 | 32.43% |
| Jun 30, 2012 | 37.39% |
| Mar 31, 2012 | 31.61% |
| Dec 31, 2011 | 31.28% |
| Sep 30, 2011 | 33.98% |
| Jun 30, 2011 | 37.98% |
| Mar 31, 2011 | 48.29% |
| Dec 31, 2010 | 32.91% |
| Sep 30, 2010 | 26.67% |
| Jun 30, 2010 | 15.68% |
| Mar 31, 2010 | 25.32% |
| Dec 31, 2009 | -21.78% |
| Sep 30, 2009 | 18.15% |
| Jun 30, 2009 | 50.62% |
| Mar 31, 2009 | 23.68% |