Warner Music Group (WMG) Financials: History & Chart

Warner Music Group Corp.(WMG)

Entertainment · New York City, NY

$27.61-0.02 (-0.07%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Warner Music Group Corp.

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.

New York City, NY

5,500 employees

www.wmg.com

Communication Services / Entertainment

Sector: Communication Services
Industry: Entertainment
CEO: Robert Kyncl

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	7.30B	1.86B	1.73B	1.84B	1.87B	1.69B	1.48B	1.67B	1.63B
Cost of Goods Sold	3.96B	1.01B	930.00M	987.00M	1.03B	913.00M	791.00M	894.00M	854.00M
Gross Profit	3.34B	854.00M	802.00M	853.00M	834.00M	776.00M	693.00M	772.00M	776.00M
Gross Profit Margin	45.8%	45.8%	46.3%	46.4%	44.6%	45.9%	46.7%	46.3%	47.6%
Total Operating Expenses	2.30B	549.00M	532.00M	526.00M	691.00M	607.00M	525.00M	558.00M	633.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.70B	464.00M	429.00M	427.00M	376.00M	471.00M	422.00M	445.00M	469.00M
Operating Income (EBIT)	1.04B	305.00M	270.00M	327.00M	143.00M	169.00M	168.00M	214.00M	143.00M
Operating Margin	14.3%	16.4%	15.6%	17.8%	7.7%	10.0%	11.3%	12.8%	8.8%
Income Before Tax (EBT)	873.00M	267.00M	254.00M	246.00M	106.00M	-11.00M	65.00M	330.00M	51.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	175.00M	49.00M	41.00M	45.00M	40.00M	43.00M	39.00M	37.00M	40.00M
Other Income/Expense	-172.00M	-38.00M	-16.00M	-81.00M	-37.00M	-180.00M	-103.00M	116.00M	-92.00M
Net Income	672.00M	204.00M	183.00M	176.00M	109.00M	-16.00M	36.00M	236.00M	41.00M
Income Tax Expense	208.00M	67.00M	73.00M	71.00M	-3.00M	5.00M	29.00M	89.00M	3.00M
Net Profit Margin	9.2%	10.9%	10.6%	9.6%	5.8%	-0.9%	2.4%	14.2%	2.5%
EBITDA	1.55B	416.00M	373.00M	426.00M	333.00M	265.00M	258.00M	300.00M	226.00M
EBITDA Margin	21.2%	22.3%	21.5%	23.2%	17.8%	15.7%	17.4%	18.0%	13.9%
Depreciation & Amortization	503.00M	111.00M	103.00M	99.00M	190.00M	96.00M	90.00M	86.00M	83.00M
EPS Basic	1.29	0.39	0.35	0.34	0.21	-0.03	0.07	0.45	0.08
EPS Diluted	1.29	0.39	0.35	0.34	0.21	-0.03	0.07	0.45	0.08
Weighted Average Basic Shares	521.68M	521.68M	519.05M	519.05M	519.05M	521.26M	520.32M	518.43M	516.17M
Weighted Average Diluted Shares	524.42M	524.42M	519.05M	519.05M	519.05M	521.26M	520.32M	518.43M	517.70M

Annual Income Statement (USD)

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Annual Report	09/30/2025	09/30/2024	09/30/2023	09/30/2022	09/30/2021	09/30/2020	09/30/2019	09/30/2018
Revenue	6.71B	6.43B	6.04B	5.92B	5.30B	4.46B	4.47B	4.00B
Cost of Goods Sold	3.63B	3.35B	3.18B	3.08B	2.74B	2.33B	2.40B	2.17B
Gross Profit	3.08B	3.07B	2.86B	2.84B	2.56B	2.13B	2.07B	1.83B
Gross Profit Margin	45.8%	47.8%	47.4%	48.0%	48.3%	47.7%	46.3%	45.8%
Total Operating Expenses	2.38B	2.25B	2.07B	2.13B	1.95B	2.36B	1.72B	1.62B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.71B	1.78B	1.74B	1.79B	1.72B	2.17B	1.51B	1.41B
Operating Income (EBIT)	694.00M	823.00M	790.00M	714.00M	609.00M	-229.00M	356.00M	217.00M
Operating Margin	10.3%	12.8%	13.1%	12.1%	11.5%	-5.1%	8.0%	5.4%
Income Before Tax (EBT)	490.00M	601.00M	609.00M	740.00M	456.00M	-447.00M	267.00M	442.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	159.00M	161.00M	141.00M	125.00M	122.00M	127.00M	142.00M	138.00M
Other Income/Expense	-204.00M	-222.00M	-181.00M	26.00M	-153.00M	-218.00M	-89.00M	225.00M
Net Income	365.00M	435.00M	430.00M	551.00M	304.00M	-475.00M	256.00M	307.00M
Income Tax Expense	120.00M	123.00M	170.00M	185.00M	149.00M	23.00M	9.00M	130.00M
Net Profit Margin	5.4%	6.8%	7.1%	9.3%	5.7%	-10.6%	5.7%	7.7%
EBITDA	1.16B	1.15B	1.12B	1.05B	915.00M	32.00M	625.00M	478.00M
EBITDA Margin	17.2%	17.9%	18.6%	17.8%	17.3%	0.7%	14.0%	11.9%
Depreciation & Amortization	462.00M	327.00M	332.00M	339.00M	306.00M	261.00M	269.00M	261.00M
EPS Basic	0.70	0.83	0.82	1.06	0.58	-0.93	0.50	0.62
EPS Diluted	0.70	0.84	0.82	1.06	0.58	-0.93	0.50	0.62
Weighted Average Basic Shares	519.05M	517.52M	515.72M	519.81M	513.47M	510.03M	510.00M	501.99M
Weighted Average Diluted Shares	519.05M	517.52M	515.72M	519.81M	513.47M	510.03M	510.00M	501.99M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.