Warner Music Group revenue and financials
$27.61Change from previous close: −0.07%Absolute change: −$0.02
In the fiscal year ended September 2025, Warner Music Group reported revenue of $6.71B (+4.37% year over year). Net income was $365M, a net margin of 5.4%.
Fiscal year ending in September. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.37%
- FY to Sep 2025 vs FY to Sep 2024
- Net income growth
- −16.09%
- FY to Sep 2025 vs FY to Sep 2024
- Net margin
- 5.4%
- FY to Sep 2024: 6.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 10,727 | 10,612 | 10,011 | 9,829 | 9,777 | 9,568 | 9,146 | 9,155 | 8,830 | 8,731 | 8,991 | 8,545 |
| Current assets | 3,260 | 3,220 | 3,018 | 2,770 | 2,678 | 2,599 | 2,716 | 2,643 | 2,483 | 2,450 | 2,616 | 2,402 |
| Cash and equivalents | 618 | 741 | 751 | 532 | 527 | 637 | 802 | 694 | 607 | 587 | 754 | 641 |
| Receivables | 1,607 | 1,505 | 1,374 | 1,340 | 1,305 | 1,218 | 1,201 | 1,255 | 1,222 | 1,197 | 1,195 | 1,120 |
| Inventory | 69.0 | 65.0 | 60.0 | 62.0 | 101 | 88.0 | 84.0 | 99.0 | 92.0 | 97.0 | 106 | 126 |
| Net property, plant and equipment | 579 | 582 | 597 | 630 | 688 | 720 | 712 | 706 | 690 | 695 | 708 | 703 |
| Goodwill | 2,126 | 2,054 | 2,063 | 2,061 | 2,064 | 2,031 | 2,013 | 2,021 | 2,003 | 2,007 | 2,015 | 1,993 |
| Other intangible assets | 3,251 | 3,254 | 2,844 | 2,879 | 2,918 | 2,915 | 2,478 | 2,511 | 2,459 | 2,468 | 2,541 | 2,502 |
| Long-term investments | 8.0 | 7.0 | 6.0 | 8.0 | 9.0 | 8.0 | 8.0 | 9.0 | 10.0 | — | 13.0 | 15.0 |
| Current liabilities | 4,443 | 4,421 | 4,310 | 4,201 | 4,050 | 3,916 | 3,923 | 3,897 | 3,573 | 3,533 | 3,745 | 3,539 |
| Accounts payable | 354 | 452 | 201 | 257 | 241 | 347 | 189 | 289 | 200 | 306 | 246 | 300 |
| Long-term debt | 4,710 | 4,719 | 4,371 | 4,365 | 4,363 | 4,292 | 3,955 | 4,014 | 3,978 | 3,984 | 4,004 | 3,964 |
| Total debt | 4,919 | 4,941 | 4,606 | 4,608 | 4,618 | — | — | — | — | — | — | — |
| Total liabilities | 9,641 | 9,640 | 9,182 | 9,072 | 8,965 | 8,778 | 8,449 | 8,480 | 8,195 | 8,146 | 8,375 | 8,115 |
| Total equity (incl. minority) | 1,086 | 972 | 829 | 757 | 812 | 790 | 697 | 675 | 635 | 585 | 616 | 430 |
| Retained earnings | -1,068 | -1,172 | -1,255 | -1,331 | -1,340 | -1,230 | -1,171 | -1,313 | -1,260 | -1,310 | -1,317 | -1,387 |
| Minority interest | 232 | 234 | 109 | 110 | 223 | 223 | 152 | 157 | 152 | 152 | 153 | 123 |