Warner Music Group is demonstrating accelerating revenue growth (10.4% in 2026Q3) and significant operating margin expansion (16.4% vs. 10.0% a year ago), driven by disciplined SG&A control. However, the balance sheet remains highly leveraged with a D/E of 4.5...
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Revenue growth accelerated to 10.4% in 2026Q3, with operating margin expanding to 16.4% from 10.0% a year earlier, though net income remains volatile (swinging from -$16M to $204M).
Warner Music Group is leveraging strategic partnerships and maintaining cost discipline to capitalize on high-margin opportunities, positioning itself for outsized returns by 2026.
The company reported higher Q2 sales and net income compared to the previous year, alongside margin expansion, indicating robust financial health.
The bull case assumes continued high CAGR in streaming revenue, exceeding current consensus estimates, which could drive significant upside.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $0.38+10.6% vs $0.34 | $1.9B+3.0% vs $1.8B |
Q2 2026 May 7, 2026 | $0.34+27.2% vs $0.27 | $1.7B+7.4% vs $1.6B |
Q1 2026 Feb 5, 2026 | $0.33-17.5% vs $0.40 | $1.8B+3.8% vs $1.8B |
Q4 2025 Nov 20, 2025 | $0.21-40.0% vs $0.35 | $1.9B+5.4% vs $1.8B |
AI music startup Suno on Wednesday launched a suite of AI models in partnership with record companies Warner Music Group and BMG to allow users to generate new music inspired by licensed music of participating artists.
The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted song compositions to train its Claude AI models.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Assenagon Asset Management S.A. purchased a new position in shares of Warner Music Group Corp. (NASDAQ: WMG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 266,620 shares of the company's stock, valued at approximately $7,217,000. Assenagon Asset Management S.A. owned 0.05%
Benchmark WMG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Warner Music Group Corp. (WMG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $27.16 | $14.17B | 38.80 | 4.37% | 5.44% | 50.98% | 2.72% | |
| $23.20 | $137.28B | -63.87 | 2.12% | -1.86% | -2.82% | — | |
| $169.03 | $39.34B | -704.29 | 8.83% | 0.51% | 9% | — | |
| $46.79 | $4.4B | 99.55 | 6.71% | 3.23% | — | — | |
| $510.40 | $104.93B | 42.66 | 9.65% | 18.43% | 41.05% | — | |
| $337.02 | $4.95T | 45.18 | 6.43% | 27.62% | 137.18% | — |
Warner Music Group Corp. (WMG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Warner Music Group Corp. (WMG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Aug 3, 2026·SEC
Jul 31, 2026·SEC
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Warner Music Group Corp. (WMG) stock FAQ — growth, dividends, profitability & financials explained
Warner Music Group Corp. (WMG) reported $7.30B in revenue for fiscal year 2025. This represents a 122% increase from $3.29B in 2002.
Warner Music Group Corp. (WMG) grew revenue by 4.4% over the past year. Growth has been modest.
Yes, Warner Music Group Corp. (WMG) is profitable, generating $672.0M in net income for fiscal year 2025 (5.4% net margin).
Yes, Warner Music Group Corp. (WMG) pays a dividend with a yield of 2.72%. This makes it attractive for income-focused investors.
Warner Music Group Corp. (WMG) has a return on equity (ROE) of 51.0%. This is excellent, indicating efficient use of shareholder capital.
Warner Music Group Corp. (WMG) generated $1.41B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
