Warner Bros. Discovery, Inc. WBD Gross margin

Gross margin at other companies

New York TimesNYT

51.1%+1.6pp

NetflixNFLX

49.1%+0.6pp

AMC Networks Inc.AMCX

49.7%-2.9pp

TDA

USA TODAY Co. Inc.TDAY

39.4%+0.7pp

Angel Studios, Inc.ANGX

61.6%—

Versant Media Group, Inc. VSNT

57.8%+0.5pp

FAQ

What is Warner Bros. Discovery, Inc.'s gross margin?

Warner Bros. Discovery, Inc. (WBD) reported gross margin of 45.2% in Q1 2026.

How has Warner Bros. Discovery, Inc.'s gross margin changed year-over-year?

Warner Bros. Discovery, Inc.'s gross margin increased by 6.3% year-over-year, from 42.5% to 45.2%.

What is the long-term trend for Warner Bros. Discovery, Inc.'s gross margin?

Over 5 years (2020 to 2025), Warner Bros. Discovery, Inc.'s gross margin has grown at a -7.2% compound annual growth rate (CAGR), from 63.8% to 44%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.