Warner Music Group Corp. (WMG) Earnings History
Annual and quarterly earnings data from 2002 to 2025
Loading earnings history...
WMG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WMG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 45.8% | 10.3% | 5.4% |
| 2024 | 47.8% | 12.8% | 6.8% |
| 2023 | 47.4% | 13.1% | 7.1% |
| 2022 | 48.0% | 12.1% | 9.3% |
| 2021 | 48.3% | 11.5% | 5.7% |
Download Data
Export WMG earnings history in CSV or JSON format
Free sign-in required to download data
Warner Music Group Corp. (WMG) Earnings Overview
As of May 6, 2026, Warner Music Group Corp. (WMG) reported trailing twelve-month net income of $305M, reflecting -16.7% year-over-year growth. The company earned $0.59 per diluted share over the past four quarters, with a net profit margin of 5.4%.
Looking at the long-term picture, WMG's historical earnings data spans multiple years. The company achieved its highest annual net income of $551M in fiscal 2022.
Warner Music Group Corp. maintains positive profitability with a gross margin of 45.8%, operating margin of 10.3%, and net margin of 5.4%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SONY ($1.17T net income, 8.8% margin), LYV ($84M net income, 2.0% margin), MMYT ($57M net income, 9.7% margin), WMG has room to improve margins relative to the peer group. Compare WMG vs SONY →
WMG Earnings vs Peers
Earnings metrics vs comparable public companies
WMG Historical Earnings Data (2002–2025)
24 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $365M | -16.1% | $694M | $0.70 | 5.4% | 10.3% |
| 2024 | $435M | +1.2% | $823M | $0.84 | 6.8% | 12.8% |
| 2023 | $430M | -22.0% | $790M | $0.82 | 7.1% | 13.1% |
| 2022 | $551M | +81.3% | $714M | $1.06 | 9.3% | 12.1% |
| 2021 | $304M | +164.0% | $609M | $0.58 | 5.7% | 11.5% |
| 2020 | -$475M | -285.5% | -$229M | $-0.93 | -10.6% | -5.1% |
| 2019 | $256M | -16.6% | $356M | $0.50 | 5.7% | 8.0% |
| 2018 | $307M | +114.7% | $217M | $0.62 | 7.7% | 5.4% |
| 2017 | $143M | +472.0% | $222M | $0.28 | 4.0% | 6.2% |
| 2016 | $25M | +127.5% | $214M | $0.05 | 0.8% | 6.6% |
Full WMG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WMG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WMG Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WMG vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonWMG — Frequently Asked Questions
Quick answers to the most common questions about buying WMG stock.
Is WMG growing earnings?
WMG EPS fell to $0.59, with earnings declining -16.7%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $305M.
What are WMG's profit margins?
Warner Music Group Corp. net margin is +5.4%, with operating margin at +10.3%. Margins sit within typical range for the sector.
How consistent are WMG's earnings?
WMG earnings data spans 2002-2025. The declining earnings trend is -16.7% YoY. Historical data enables comparison across business cycles.