Warner Bros. Discovery, Inc. WBD Operating margin

Operating margin at other companies

New York TimesNYT

16%+2.2pp

NetflixNFLX

29.7%+0.2pp

Nexstar Media Group, Inc.NXST

17.5%-5.1pp

Cineverse Corp.CNVS

-23.1%-33.2pp

AMC Networks Inc.AMCX

-3%-11.6pp

TDA

USA TODAY Co. Inc.TDAY

-1.2%—

FAQ

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

Warner Bros. Discovery, Inc. (WBD) reported operating margin of -4.6% in Q1 2026.

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

Warner Bros. Discovery, Inc.'s operating margin increased by 82.5% year-over-year, from -26% to -4.6%.

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

Over 5 years (2020 to 2025), Warner Bros. Discovery, Inc.'s operating margin has grown at a -39.1% compound annual growth rate (CAGR), from 23.6% to 2%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.