Warner Music Group (WMG)
Connects record labels, song rights, and artist services across the global music economy.
$27.40
vs last close+0.01 (+0.04%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,586 | 1,748 | 1,494 | 1,554 | 1,630 | 1,666 | 1,484 | 1,689 | 1,868 | 1,840 | 1,732 | 1,864 |
| Cost of revenue | 845 | 880 | 791 | 830 | 854 | 894 | 791 | 913 | 1,034 | 987 | 930 | 1,010 |
| Gross profit | 741 | 868 | 703 | 724 | 776 | 772 | 693 | 776 | 834 | 853 | 802 | 854 |
| 529 | 514 | 584 | 517 | 633 | 558 | 525 | 607 | 691 | 526 | 532 | 549 | |
| 473 | 450 | 420 | 462 | 469 | 445 | 422 | 471 | 376 | 427 | 429 | 464 | |
| Selling & marketing | 200 | 207 | 188 | 198 | 197 | 190 | 174 | 189 | 201 | 186 | 197 | 0 |
| General & administrative | 273 | 243 | 232 | 264 | 272 | 255 | 248 | 282 | 175 | 241 | 232 | 464 |
| Other expenses | 56 | 64 | 164 | 55 | 164 | 113 | 103 | 136 | 315 | 99 | 103 | 85 |
| Operating income | 212 | 354 | 119 | 207 | 143 | 214 | 168 | 169 | 143 | 327 | 270 | 305 |
| 0 | −89 | −5 | −36 | −92 | 116 | −103 | −180 | −37 | −81 | −16 | −38 | |
| Interest expense | 36 | 39 | 42 | 40 | 40 | 37 | 39 | 43 | 40 | 45 | 41 | 49 |
| Other non-operating income | −36 | 50 | −37 | −4 | 52 | −153 | 64 | 137 | −6 | 36 | −25 | 11 |
| Income before tax | 212 | 265 | 114 | 171 | 51 | 330 | 65 | −11 | 106 | 246 | 254 | 267 |
| Income tax expense | 58 | 72 | 18 | 30 | 3 | 89 | 29 | 5 | −3 | 71 | 73 | 67 |
| Net income from continuing operations | 154 | 193 | 96 | 141 | 48 | 241 | 36 | −16 | 109 | 175 | 181 | 200 |
| Net income | 152 | 159 | 96 | 139 | 41 | 236 | 36 | −16 | 109 | 176 | 183 | 204 |
| EPS, basic | $0.30 | $0.30 | $0.18 | $0.26 | $0.08 | $0.45 | $0.07 | −$0.03 | $0.21 | $0.34 | $0.35 | $0.39 |
| EPS, diluted | $0.30 | $0.30 | $0.18 | $0.26 | $0.08 | $0.45 | $0.07 | −$0.03 | $0.21 | $0.34 | $0.35 | $0.39 |
| Weighted average shares, basic | 516 | 516 | 518 | 515 | 516 | 518 | 520 | 521 | 519 | 519 | 519 | 522 |
| Weighted average shares, diluted | 516 | 516 | 518 | 518 | 518 | 518 | 520 | 521 | 519 | 519 | 519 | 524 |
| EBITDA | 327 | 385 | 239 | 291 | 174 | 453 | 194 | 128 | 339 | 390 | 398 | 405 |
| Depreciation & amortization | 79 | 81 | 83 | 80 | 83 | 86 | 90 | 96 | 190 | 99 | 103 | 111 |
| EBIT | 248 | 304 | 156 | 211 | 91 | 367 | 104 | 32 | 149 | 291 | 295 | 294 |