Warner Bros. Discovery (WBD) Tax Rate (2009 - 2026)
Warner Bros. Discovery (WBD) posted Tax Rate of 6.86% for Q1 2026, down 82.62% on a QoQ basis from 39.46% in Q4 2025, and up 1032.0% year-over-year from 0.61% in Q1 2025.
Warner Bros. Discovery (WBD) Tax Rate (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's Tax Rate history runs 18 years deep, the most recent figure standing at 6.86% for Q1 2026.
- Quarterly Tax Rate rose 1032.0% year-over-year to 6.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.13% (down 6338.0% YoY) and the FY2025 annual result came in at 54.3%, up 5513.0% from the prior year.
- Tax Rate was 6.86% for Q1 2026 at Warner Bros. Discovery, down from 39.46% in the prior quarter.
- Across five years, Tax Rate topped out at 629.63% in Q3 2025 and bottomed at 79.78% in Q4 2024.
- A 5-year average of 57.04% and a median of 19.7% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate sank 11583 bps — and 2025, when it soared 45042 bps.
- Warner Bros. Discovery's Tax Rate stood at 18.18% in 2022, then jumped by 98 bps to 36.05% in 2023, then tumbled by 321 bps to 79.78% in 2024, then jumped by 149 bps to 39.46% in 2025, then plunged by 83 bps to 6.86% in 2026.
- Business Quant data shows WBD's Tax Rate at 6.86% in Q1 2026, 39.46% in Q4 2025, and 629.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 26.79% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 6.86% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 7.79% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.62% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 3.32% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 12.05% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 25.85% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 35.98% |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 24.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.86% |
| Mar 31, 2026 | 6.86% |
| Mar 31, 2026 | 6.86% |
| Dec 31, 2025 | 39.46% |
| Dec 31, 2025 | 39.46% |
| Dec 31, 2025 | 39.46% |
| Sep 30, 2025 | 629.63% |
| Sep 30, 2025 | 629.63% |
| Sep 30, 2025 | 629.63% |
| Jun 30, 2025 | 35.29% |
| Jun 30, 2025 | 35.29% |
| Jun 30, 2025 | 35.29% |
| Mar 31, 2025 | -3.46% |
| Mar 31, 2025 | -3.46% |
| Mar 31, 2025 | -3.46% |
| Dec 31, 2024 | -79.78% |
| Dec 31, 2024 | -79.78% |
| Dec 31, 2024 | -79.78% |
| Sep 30, 2024 | 179.21% |
| Sep 30, 2024 | 179.21% |