Warner Bros. Discovery, Inc. (WBD) EBT Margin (2009 - 2026)
Warner Bros. Discovery (WBD) reported EBT Margin of -3.11% for Q2 2026, down 28.12 percentage points from 25.01% a year earlier but up 31.97 percentage points from the prior quarter.
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Warner Bros. Discovery, Inc. (WBD) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Warner Bros. Discovery's EBT Margin came in at -10.44%, down 14.31 percentage points year-over-year; for FY2025, it was 4.39%, up 33.36 percentage points from FY2024.
- EBT Margin has a five-year change of -11.80 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at -28.96% in FY2024 (-19.61 pp), -9.35% in FY2023 (+17.15 pp), -26.50% in FY2022 (-38.25 pp) and 11.75% in FY2021 (-4.44 pp).
- Five-year quarterly EBT Margin spans a low of -103.32% in Q2 2024 and a high of 25.01% in Q2 2025.
- Year over year, EBT Margin has now declined in each of the last three quarters, with an average year-over-year change of +10.08 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q2 2025 (a gain of 128.33 percentage points); the low point was Q2 2024 (a drop of 89.03 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -35.08% (Q1 2026), -4.31% (Q4 2025) and 0.30% (Q3 2025).
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Peer Comparison
Historic Data
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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% |
API Access
Warner Bros. Discovery, Inc. EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=WBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();