Growth Metrics

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

Warner Bros. Discovery's Net Margin history spans 16 years, with the latest figure at 2.61% for Q4 2025.

  • For Q4 2025, Net Margin rose 377.0% year-over-year to 2.61%; the TTM value through Dec 2025 reached 2.01%, up 3121.0%, while the annual FY2025 figure was 2.01%, 3121.0% up from the prior year.
  • Net Margin reached 2.61% in Q4 2025 per WBD's latest filing, down from 1.58% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 23.45% in Q2 2021 to a low of 103.24% in Q2 2024.
  • Average Net Margin over 5 years is 8.14%, with a median of 3.95% recorded in 2023.
  • Peak YoY movement for Net Margin: plummeted -9146bps in 2024, then soared 11943bps in 2025.
  • A 5-year view of Net Margin shows it 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.
  • Per Business Quant, the three most recent readings for WBD's Net Margin are 2.61% (Q4 2025), 1.58% (Q3 2025), and 16.18% (Q2 2025).