The Walt Disney Company
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Dec 2017 | — | 26.0% | 28.8% |
| Mar 2018 | — | 29.1% | 20.2% |
| Jun 2018 | — | 27.5% | 19.1% |
| Sep 2018 | — | 22.9% | 16.2% |
| Dec 2018 | — | 23.9% | 18.2% |
| Mar 2019 | — | 25.6% | 36.5% |
| Jun 2019 | — | 19.5% | 8.7% |
| Sep 2019 | — | 17.9% | 5.5% |
| Dec 2019 | — | 19.1% | 10.1% |
| Mar 2020 | — | 13.4% | 2.6% |
| Jun 2020 | — | 9.3% | -40.1% |
| Oct 2020 | — | 4.1% | -4.8% |
| Jan 2021 | — | 8.2% | 0.1% |
| Apr 2021 | — | 15.8% | 5.8% |
| Jul 2021 | — | 14.0% | 5.4% |
| Oct 2021 | — | 8.6% | 0.9% |
| Jan 2022 | — | 14.9% | 5.1% |
| Apr 2022 | — | 19.2% | 2.4% |
| Jul 2022 | — | 16.6% | 6.6% |
| Oct 2022 | — | 7.9% | 0.8% |
| Dec 2022 | — | 12.9% | 5.4% |
| Apr 2023 | — | 15.1% | 5.8% |
| Jul 2023 | — | 15.9% | -2.1% |
| Sep 2023 | — | 14.0% | 1.2% |
| Dec 2023 | — | 16.5% | 8.1% |
| Mar 2024 | — | 17.4% | -0.1% |
| Jun 2024 | — | 18.2% | 11.3% |
| Sep 2024 | — | 16.2% | 2.0% |
| Dec 2024 | — | 20.5% | 10.3% |
| Mar 2025 | — | 18.8% | 13.9% |
| Jun 2025 | — | 19.3% | 22.2% |
| Sep 2025 | — | 15.5% | 5.8% |
| Dec 2025 | — | 17.7% | 9.2% |
| Mar 2026 | — | 18.3% | 8.9% |
| Jun 2026 | — | 22.0% | 10.4% |