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Warner Music Group Corp. (WMG) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Communication Services · Entertainment · DATA UPDATED 2026-07-10

Warner Music Group Corp. (WMG) operates in the Entertainment industry and is headquartered in New York, United States with about 5,500 employees. Its market capitalization is roughly $15 billion. In the fiscal year ended 2025-09-30, WMG reported $6.7B in revenue and $365M in net income.

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments.

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WMG Revenue & Earnings History — Annual Income Statement

Income statement2025-09-302024-09-302023-09-302022-09-302021-09-30
Total Revenue$6.7B$6.4B$6.0B$5.9B
Gross Profit$3.1B$3.1B$2.9B$2.8B
Operating Income (EBIT)$928M$968M$789M$714M
Net Income$365M$435M$430M$551M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

WMG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$1.7B$1.8B$1.9B$1.7B$1.5B
Gross Profit$802M$853M$834M$776M$693M
Operating Income (EBIT)$270M$327M$268M$238M$181M
Net Income$183M$176M$109M($16M)$36M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

WMG Free Cash Flow History

Cash flow2025-09-302024-09-302023-09-302022-09-302021-09-30
Dividends Paid($383M)($361M)($340M)($318M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

WMG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($100M)($100M)($100M)($94M)($95M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

WMG Balance Sheet History

Balance sheet2025-09-302024-09-302023-09-302022-09-30
Total Assets$9.8B$9.2B$8.5B$7.8B
Total Liabilities$9.1B$8.5B$8.1B$7.7B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive WMG viewer.

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