Warner Music Group Corp.
WMGNasdaq
$28.33
↓ -0.8%Jul 17 close · end-of-day
Price
1Y↓ -6.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
—
Enterprise Value
—
P/E
—
P/S
—
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
2.6%
Revenue (TTM)
$7.1B
Net Income (TTM)
$452.0M
Free Cash Flow (TTM)
$729.0M
Gross Margin
—
Operating Margin
12.1%
Net Margin
6.3%
ROE
61.3%
ROIC
13.8%
Debt / Equity
6.4
Net Cash
-$4.0B
Return 1Y
-7.2%
Company profile
Warner Music Group Corp. operates through Recorded Music and Music Publishing segments. The Music Publishing segment owns and acquires rights to approximately one million musical compositions. This segment administers the music and soundtracks of various third-party television and film producers and studios.
- CEO
- Stephen F. Cooper
- Sector
- Services
- Industry
- Entertainment
- Employees
- 6,200
- Headquarters
- New York
- Website
- wmg.com
Earnings
WMG Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$1.7B↑ +16.7%
Diluted EPS——
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.3B | $5.9B | $6.0B | $6.4B | $6.7B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$229.0M | $609.0M | $714.0M | $790.0M | $823.0M | $694.0M |
| Net income | -$475.0M | $304.0M | $551.0M | $430.0M | $435.0M | $365.0M |
| Diluted EPS | — | — | — | — | — | — |
| Operating cash flow | $463.0M | $638.0M | $742.0M | $687.0M | $754.0M | $678.0M |
| Free cash flow | — | — | $607.0M | $560.0M | $638.0M | $539.0M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -5.1% | 11.5% | 12.1% | 13.1% | 12.8% | 10.3% |
| Net margin | -10.6% | 5.7% | 9.3% | 7.1% | 6.8% | 5.4% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.7B | $1.5B | $1.7B | $1.9B | $1.8B | $1.7B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $207.0M | $143.0M | $214.0M | $168.0M | $169.0M | $143.0M | $288.0M | $264.0M |
| Net income | $139.0M | $41.0M | $236.0M | $36.0M | -$16.0M | $109.0M | $176.0M | $183.0M |
| Diluted EPS | — | — | — | — | — | — | — | — |
| Operating cash flow | $188.0M | $304.0M | $332.0M | $69.0M | $46.0M | $231.0M | $440.0M | $126.0M |
| Free cash flow | $160.0M | $271.0M | $296.0M | $33.0M | $7.0M | $203.0M | $420.0M | $99.0M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 13.3% | 8.8% | 12.8% | 11.3% | 10.0% | 7.7% | 15.7% | 15.2% |
| Net margin | 8.9% | 2.5% | 14.2% | 2.4% | -0.9% | 5.8% | 9.6% | 10.6% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.