Filing Flows › Walt Disney (DIS) › Operating margin
Walt Disney (DIS) operating margin by quarter
Walt Disney's operating margin was 22.0% in Q3 FY26 (third quarter fiscal 2026), +3.7 pts from Q2 FY26. Over the last 7 quarters it ranged from 15.5% (Q4 FY25) to 22.0% (Q3 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | 22.0% | +3.7 pts | +2.7 pts |
| Q2 FY26 | 18.3% | +0.6 pts | -0.5 pts |
| Q1 FY26 | 17.7% | +2.2 pts | — |
| Q4 FY25 | 15.5% | -3.9 pts | -0.7 pts |
| Q3 FY25 | 19.3% | +0.6 pts | — |
| Q2 FY25 | 18.8% | +2.6 pts | — |
| Q4 FY24 | 16.2% | — | — |
Q3 FY26 at a glance
Walt Disney, Q3 FY26: revenue $25.2B (+7% year over year), operating margin 22.0%, net earnings $2.6B, operating cash flow $4.9B. The chart follows the revenue to costs, profit and cash.
Questions
What is Walt Disney's operating margin?
Walt Disney's operating margin was 22.0% in Q3 FY26 (third quarter fiscal 2026), +3.7 pts from Q2 FY26.
How has Walt Disney's operating margin changed?
Over the last 7 quarters it ranged from 15.5% (Q4 FY25) to 22.0% (Q3 FY26).