Warner Bros. Discovery (WBD) Tax Rate (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Tax Rate came in at 159.78% in Q2 2026, up 12449.0% on a YoY basis from N/an in Q2 2025, and up 2229.48% quarter-over-quarter from 6.86% in Q1 2026.
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Warner Bros. Discovery (WBD) Tax Rate (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Tax Rate for 18 consecutive years, with 159.78% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 12449.0% year-over-year to 159.78%; the trailing twelve-month figure through Jun 2026 stood at 16.91% (down 4002.0% YoY), and the FY2025 full-year result was 54.3%, up 5513.0% from the prior year.
- Tax Rate grew to 159.78% in Q2 2026 per WBD's latest filing, from 6.86% 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.
- Historically, Tax Rate has averaged 62.75% across 5 years, with a median of 19.78% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 11583 bps in 2024, then jumped 45042 bps in 2025.
- Over 5 years, 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 jumped by 305 bps to 159.78% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 159.78%, 6.86%, and 39.46% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 159.78% |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 24.43% |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | 24.77% |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 34.67% |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 36.16% |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | - |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 19.23% |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 26.32% |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 4.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 159.78% |
| Mar 31, 2026 | 6.86% |
| Dec 31, 2025 | 39.46% |
| Sep 30, 2025 | 629.63% |
| Jun 30, 2025 | 35.29% |
| Mar 31, 2025 | -3.46% |
| Dec 31, 2024 | -79.78% |
| Sep 30, 2024 | 179.21% |
| Jun 30, 2024 | 0.07% |
| Mar 31, 2024 | -16.61% |
| Dec 31, 2023 | 36.05% |
| Sep 30, 2023 | 23.50% |
| Jun 30, 2023 | 17.57% |
| Mar 31, 2023 | 14.38% |
| Dec 31, 2022 | 18.18% |
| Sep 30, 2022 | 19.85% |
| Jun 30, 2022 | 19.70% |
| Mar 31, 2022 | 29.73% |
| Dec 31, 2021 | 50.27% |
| Sep 30, 2021 | 15.45% |