Growth Metrics

Warner Bros. Discovery (WBD) Net Margin (2016 - 2025)

Warner Bros. Discovery (WBD) has disclosed Net Margin for 17 consecutive years, with 2.61% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 377.0% year-over-year to 2.61%, compared with a TTM value of 2.01% through Dec 2025, up 3121.0%, and an annual FY2025 reading of 2.01%, up 3121.0% over the prior year.
  • Net Margin was 2.61% for Q4 2025 at Warner Bros. Discovery, down from 1.58% in the prior quarter.
  • Across five years, Net Margin topped out at 23.45% in Q2 2021 and bottomed at 103.24% in Q2 2024.
  • Average Net Margin over 5 years is 8.14%, with a median of 3.95% recorded in 2023.
  • The sharpest move saw Net Margin plummeted -9146bps in 2024, then soared 11943bps in 2025.
  • Year by year, Net Margin stood at 2.86% in 2021, then crashed by -761bps to 18.89% in 2022, then soared by 80bps to 3.81% in 2023, then tumbled by -67bps to 6.38% in 2024, then soared by 59bps to 2.61% in 2025.
  • Business Quant data shows Net Margin for WBD at 2.61% in Q4 2025, 1.58% in Q3 2025, and 16.18% in Q2 2025.