Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026)
Warner Bros. Discovery (WBD) posted EBT Margin of 35.08% for Q1 2026, down 713.46% on a QoQ basis from 4.31% in Q4 2025, and down 3025.0% year-over-year from 1.2% in Q1 2025.
Warner Bros. Discovery (WBD) EBT Margin (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's EBT Margin history runs 18 years deep, the most recent figure standing at 35.08% for 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 was 35.08% for Q1 2026 at Warner Bros. Discovery, 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.
- 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 tumbled 8903 bps — and 2025, when it soared 12833 bps.
- Warner Bros. Discovery's 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 sank by 713 bps to 35.08% in 2026.
- Business Quant data shows WBD's EBT Margin at 35.08% in Q1 2026, 4.31% in Q4 2025, and 0.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 32.39% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 13.38% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -35.08% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -10.86% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.16% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 7.10% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 17.67% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 5.91% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 8.65% |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 15.59% |
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% |