Warner Bros. Discovery (WBD) FCF Margin (2009 - 2026)

Warner Bros. Discovery has reported FCF Margin for 18 years, with the latest figure at 5.35% in Q1 2026.

• For the quarter ending Q1 2026, FCF Margin fell 872.0% year-over-year to 5.35%; the trailing twelve-month figure through Mar 2026 stood at 6.21% (down 511.0% YoY), and the FY2025 full-year result was 8.28%, down 298.0% from the prior year.
• FCF Margin for Q1 2026 stood at 5.35%, down from 14.62% in the prior quarter.
• The five-year high for FCF Margin was 32.19% in Q4 2023, with the low at 8.69% in Q1 2023.
• Historically, FCF Margin has averaged 9.95% across 5 years, with a median of 7.75% in 2025.
• Annual changes were most pronounced in 2022 — FCF Margin plunged 2434 bps — and 2023, when it surged 2259 bps.
• Warner Bros. Discovery's FCF Margin stood at 22.55% in 2022, then jumped by 43 bps to 32.19% in 2023, then retreated by 25 bps to 24.22% in 2024, then tumbled by 40 bps to 14.62% in 2025, then tumbled by 137 bps to 5.35% in 2026.
• The last three FCF Margin figures came in at 5.35% (Q1 2026), 14.62% (Q4 2025), and 7.75% (Q3 2025), per Business Quant data.