Warner Music Group
$26.82Change from previous close: −0.87%Absolute change: −$0.23
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 |
|---|---|---|---|---|---|---|
| Total revenue | 1,864 | 1,732 | 1,840 | 1,868 | 1,689 | — |
| Cost of revenue | 1,010 | 930 | 987 | 1,034 | 913 | — |
| Gross profit | 854 | 802 | 853 | 834 | 776 | — |
| Selling, general and administrative | 431 | 429 | 427 | 376 | 442 | — |
| Operating income | 312 | 270 | 327 | 268 | 238 | — |
| EBIT | 316 | 295 | 291 | 149 | 32.0 | — |
| EBITDA | 427 | 398 | 390 | 339 | 128 | — |
| Interest expense | 49.0 | 41.0 | 45.0 | 43.0 | 43.0 | — |
| Pre-tax income | 267 | 254 | 246 | 106 | -11.0 | — |
| Income tax | 67.0 | 73.0 | 71.0 | -3.0 | 5.0 | — |
| Net income | 204 | 183 | 176 | 109 | -16.0 | — |
| Net income to common shareholders | 202 | 179 | 174 | 109 | -16.0 | — |
| Basic EPS | 0.39 | 0.35 | 0.33 | 0.21 | -0.03 | — |
| Diluted EPS | 0.38 | 0.34 | 0.33 | 0.21 | -0.03 | — |
| Average shares (basic) | 523 | 522 | 533 | 519 | 521 | — |
| Average shares (diluted) | 537 | 538 | 533 | 519 | 521 | — |