Warner Bros. Discovery Net Profit Margin Growth & History (WBD)
Warner Bros. Discovery's net profit margin was 1.95% for fiscal 2025.
View full Warner Bros. Discovery company overviewWarner Bros. Discovery annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 1.95% | +30.72 pp |
| 2024 | 2024-12-31 | −28.77% | −21.20 pp |
| 2023 | 2023-12-31 | −7.57% | +14.23 pp |
| 2022 | 2022-12-31 | −21.80% | −30.05 pp |
| 2021 | 2021-12-31 | 8.25% | −3.17 pp |
| 2020 | 2020-12-31 | 11.42% | −7.14 pp |
| 2019 | 2019-12-31 | 18.57% | +12.94 pp |
| 2018 | 2018-12-31 | 5.63% | +10.53 pp |
| 2017 | 2017-12-31 | −4.90% | −23.28 pp |
| 2016 | 2016-12-31 | 18.38% | +2.21 pp |
| 2015 | 2015-12-31 | 16.17% | −2.01 pp |
| 2014 | 2014-12-31 | 18.18% | −1.24 pp |
| 2013 | 2013-12-31 | 19.42% | −1.59 pp |
| 2012 | 2012-12-31 | 21.02% | −6.14 pp |
| 2011 | 2011-12-31 | 27.16% | +9.54 pp |
| 2010 | 2010-12-31 | 17.62% | +1.74 pp |
| 2009 | 2009-12-31 | 15.88% | +6.50 pp |
| 2008 | 2008-12-31 | 9.37% | +98.85 pp |
| 2007 | 2007-12-31 | −89.47% | — |
Warner Bros. Discovery quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.71% | −14.39 pp |
| Q1 2026 | 2026-03-31 | −32.79% | −27.74 pp |
| Q4 2025 | 2025-12-31 | −2.66% | +2.26 pp |
| Q3 2025 | 2025-09-30 | −1.64% | −3.04 pp |
| Q2 2025 | 2025-06-30 | 16.10% | +118.91 pp |
| Q1 2025 | 2025-03-31 | −5.05% | +4.66 pp |
| Q4 2024 | 2024-12-31 | −4.93% | −1.04 pp |
| Q3 2024 | 2024-09-30 | 1.40% | +5.58 pp |
| Q2 2024 | 2024-06-30 | −102.81% | −90.84 pp |
| Q1 2024 | 2024-03-31 | −9.70% | +0.29 pp |
| Q4 2023 | 2023-12-31 | −3.89% | +15.20 pp |
| Q3 2023 | 2023-09-30 | −4.18% | +19.32 pp |
| Q2 2023 | 2023-06-30 | −11.97% | +22.81 pp |
| Q1 2023 | 2023-03-31 | −9.99% | −24.43 pp |
| Q4 2022 | 2022-12-31 | −19.09% | −20.28 pp |
| Q3 2022 | 2022-09-30 | −23.50% | −28.45 pp |
| Q2 2022 | 2022-06-30 | −34.78% | −56.73 pp |
| Q1 2022 | 2022-03-31 | 14.43% | +9.42 pp |
| Q4 2021 | 2021-12-31 | 1.19% | −8.20 pp |
| Q3 2021 | 2021-09-30 | 4.95% | −6.76 pp |
| Q2 2021 | 2021-06-30 | 21.95% | +11.28 pp |
| Q1 2021 | 2021-03-31 | 5.01% | −9.04 pp |
| Q4 2020 | 2020-12-31 | 9.39% | −7.17 pp |
| Q3 2020 | 2020-09-30 | 11.71% | +1.93 pp |
| Q2 2020 | 2020-06-30 | 10.67% | −22.16 pp |
| Q1 2020 | 2020-03-31 | 14.05% | −0.13 pp |
| Q4 2019 | 2019-12-31 | 16.56% | +6.99 pp |
| Q3 2019 | 2019-09-30 | 9.78% | +5.27 pp |
| Q2 2019 | 2019-06-30 | 32.82% | +25.23 pp |
| Q1 2019 | 2019-03-31 | 14.19% | +14.53 pp |
| Q4 2018 | 2018-12-31 | 9.58% | +70.95 pp |
| Q3 2018 | 2018-09-30 | 4.51% | −8.69 pp |
| Q2 2018 | 2018-06-30 | 7.59% | −13.84 pp |
| Q1 2018 | 2018-03-31 | −0.35% | −13.68 pp |
| Q4 2017 | 2017-12-31 | −61.37% | −79.56 pp |
| Q3 2017 | 2017-09-30 | 13.20% | −0.87 pp |
| Q2 2017 | 2017-06-30 | 21.43% | −2.45 pp |
| Q1 2017 | 2017-03-31 | 13.33% | −3.52 pp |
| Q4 2016 | 2016-12-31 | 18.18% | +4.88 pp |
| Q3 2016 | 2016-09-30 | 14.07% | −3.84 pp |
| Q2 2016 | 2016-06-30 | 23.89% | +6.60 pp |
| Q1 2016 | 2016-03-31 | 16.85% | +0.58 pp |
| Q4 2015 | 2015-12-31 | 13.30% | −1.61 pp |
| Q3 2015 | 2015-09-30 | 17.92% | +0.06 pp |
| Q2 2015 | 2015-06-30 | 17.29% | −6.25 pp |
| Q1 2015 | 2015-03-31 | 16.27% | −0.04 pp |
| Q4 2014 | 2014-12-31 | 14.92% | −3.89 pp |
| Q3 2014 | 2014-09-30 | 17.86% | −0.69 pp |
| Q2 2014 | 2014-06-30 | 23.54% | +3.09 pp |
| Q1 2014 | 2014-03-31 | 16.30% | −3.68 pp |
| Q4 2013 | 2013-12-31 | 18.80% | +0.14 pp |
| Q3 2013 | 2013-09-30 | 18.55% | −0.51 pp |
| Q2 2013 | 2013-06-30 | 20.45% | −5.57 pp |
| Q1 2013 | 2013-03-31 | 19.98% | −0.39 pp |
| Q4 2012 | 2012-12-31 | 18.67% | −11.80 pp |
| Q3 2012 | 2012-09-30 | 19.05% | −2.89 pp |
| Q2 2012 | 2012-06-30 | 26.02% | +1.78 pp |
| Q1 2012 | 2012-03-31 | 20.37% | −12.29 pp |
| Q4 2011 | 2011-12-31 | 30.47% | +11.65 pp |
| Q3 2011 | 2011-09-30 | 21.94% | +1.86 pp |
| Q2 2011 | 2011-06-30 | 24.24% | +13.13 pp |
| Q1 2011 | 2011-03-31 | 32.66% | +13.21 pp |
| Q4 2010 | 2010-12-31 | 18.82% | +2.92 pp |
| Q3 2010 | 2010-09-30 | 20.09% | +8.14 pp |
| Q2 2010 | 2010-06-30 | 11.11% | −9.58 pp |
| Q1 2010 | 2010-03-31 | 19.45% | +4.68 pp |
| Q4 2009 | 2009-12-31 | 15.89% | — |
| Q3 2009 | 2009-09-30 | 11.95% | −3.91 pp |
| Q2 2009 | 2009-06-30 | 20.69% | +15.83 pp |
| Q1 2009 | 2009-03-31 | 14.76% | — |
| Q3 2008 | 2008-09-30 | 15.86% | — |
| Q2 2008 | 2008-06-30 | 4.86% | — |
Warner Bros. Discovery net profit margin trends
Over the last five fiscal years, Warner Bros. Discovery's net profit margin decreased from 11.42% to 1.95%, a change of −9.47 percentage points. The latest reported quarter, Q2 2026, shows 1.71%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Warner Bros. Discovery source filings ↗Community posts
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