Warner Music Group Corp. (WMG) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Warner Music Group Corp. (WMG) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

WMG Income Statement

Warner Music Group Corp. (WMG) annual income statement — 24-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	1.86B	1.73B	1.84B	1.87B	1.69B	1.48B	1.67B	1.63B	1.55B	1.49B	1.75B	1.59B	1.56B	1.4B	1.49B	1.5B	1.43B	1.38B	1.61B	1.38B
Revenue Growth %	10.36%	16.71%	10.44%	14.6%	8.69%	-0.67%	-4.69%	2.77%	-0.64%	6.79%	17.47%	5.95%	9.22%	1.67%	-7.81%	8.79%	6.87%	10.08%	20.9%	22.2%
Cost of Goods Sold	1.01B	930M	987M	1.03B	913M	791M	894M	854M	830M	791M	880M	845M	850M	721M	761M	799M	766M	697M	818M	752M
COGS % of Revenue	54.18%	53.7%	53.64%	55.35%	54.06%	53.3%	53.66%	52.39%	53.41%	52.95%	50.34%	53.28%	54.35%	51.54%	51.14%	53.37%	53.49%	50.65%	50.68%	54.65%
Gross Profit	854M	802M	853M	834M	776M	693M	772M	776M	724M	703M	868M	741M	714M	678M	727M	698M	666M	679M	796M	624M
Gross Margin %	45.82%	46.3%	46.36%	44.65%	45.94%	46.7%	46.34%	47.61%	46.59%	47.05%	49.66%	46.72%	45.65%	48.46%	48.86%	46.63%	46.51%	49.35%	49.32%	45.35%
Gross Profit Growth %	10.05%	15.73%	10.49%	7.47%	7.18%	-1.42%	-11.06%	4.72%	1.4%	3.69%	19.39%	6.16%	7.21%	-0.15%	-8.67%	11.86%	1.06%	8.29%	22.65%	20%
Operating Expenses	549M	532M	526M	691M	607M	525M	558M	633M	517M	584M	514M	529M	525M	554M	462M	535M	520M	513M	557M	524M
OpEx % of Revenue	29.45%	30.72%	28.59%	36.99%	35.94%	35.38%	33.49%	38.83%	33.27%	39.09%	29.4%	33.35%	33.57%	39.6%	31.05%	35.74%	36.31%	37.28%	34.51%	38.08%
Selling, General & Admin	464M	429M	427M	376M	471M	422M	445M	469M	462M	420M	450M	473M	439M	430M	440M	470M	451M	444M	497M	465M
SG&A % of Revenue	24.89%	24.77%	23.21%	20.13%	27.89%	28.44%	26.71%	28.77%	29.73%	28.11%	25.74%	29.82%	28.07%	30.74%	29.57%	31.4%	31.49%	32.27%	30.79%	33.79%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	305M	270M	327M	143M	169M	168M	214M	143M	207M	119M	354M	212M	189M	124M	265M	163M	146M	166M	239M	100M
Operating Margin %	16.36%	15.59%	17.77%	7.66%	10.01%	11.32%	12.85%	8.77%	13.32%	7.97%	20.25%	13.37%	12.08%	8.86%	17.81%	10.89%	10.2%	12.06%	14.81%	7.27%
Operating Income Growth %	80.47%	60.71%	52.8%	0%	-18.36%	41.18%	-39.55%	-32.55%	9.52%	-4.03%	33.58%	30.06%	29.45%	-25.3%	10.88%	63%	-9.88%	9.93%	21.94%	13.64%
EBITDA	416M	373M	426M	247M	265M	258M	300M	226M	287M	202M	435M	291M	275M	207M	349M	245M	233M	255M	320M	179M
EBITDA Margin %	22.32%	21.54%	23.15%	13.22%	15.69%	17.39%	18.01%	13.87%	18.47%	13.52%	24.89%	18.35%	17.58%	14.8%	23.45%	16.37%	16.27%	18.53%	19.83%	13.01%
EBITDA Growth %	56.98%	44.57%	42%	9.29%	-7.67%	27.72%	-31.03%	-22.34%	4.36%	-2.42%	24.64%	18.78%	18.03%	-18.82%	9.06%	36.87%	-3.32%	11.84%	19.85%	15.48%
D&A (Non-Cash Add-back)	111M	103M	99M	104M	96M	90M	86M	83M	80M	83M	81M	79M	86M	83M	84M	82M	87M	89M	81M	79M
EBIT	294M	295M	291M	149M	32M	104M	367M	91M	211M	156M	304M	248M	205M	93M	204M	218M	196M	158M	293M	81M
Net Interest Income	-49M	-41M	-45M	-40M	-43M	-39M	-37M	-40M	-40M	-42M	-39M	-36M	-38M	-35M	-32M	-31M	-32M	-32M	-30M	-29M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	49M	41M	45M	40M	43M	39M	37M	40M	40M	42M	39M	36M	38M	35M	32M	31M	32M	32M	30M	29M
Other Income/Expense	-38M	-16M	-81M	-37M	-180M	-103M	116M	-92M	-36M	-5M	-89M	0	-22M	-66M	-93M	24M	18M	-40M	24M	-48M
Pretax Income	267M	254M	246M	106M	-11M	65M	330M	51M	171M	114M	265M	212M	167M	58M	172M	187M	164M	126M	263M	52M
Pretax Margin %	14.32%	14.67%	13.37%	5.67%	-0.65%	4.38%	19.81%	3.13%	11%	7.63%	15.16%	13.37%	10.68%	4.15%	11.56%	12.49%	11.45%	9.16%	16.29%	3.78%
Income Tax	67M	73M	71M	-3M	5M	29M	89M	3M	30M	18M	72M	58M	43M	21M	48M	37M	39M	34M	75M	22M
Effective Tax Rate %	25.09%	28.74%	28.86%	-2.83%	-45.45%	44.62%	26.97%	5.88%	17.54%	15.79%	27.17%	27.36%	25.75%	36.21%	27.91%	19.79%	23.78%	26.98%	28.52%	42.31%
Net Income	204M	183M	176M	109M	-16M	36M	236M	41M	139M	96M	159M	152M	122M	34M	122M	148M	124M	92M	187M	28M
Net Margin %	10.94%	10.57%	9.57%	5.84%	-0.95%	2.43%	14.17%	2.52%	8.94%	6.43%	9.1%	9.58%	7.8%	2.43%	8.2%	9.89%	8.66%	6.69%	11.59%	2.03%
Net Income Growth %	1375%	408.33%	-25.42%	165.85%	-111.51%	-62.5%	48.43%	-73.03%	13.93%	182.35%	30.33%	2.7%	-1.61%	-63.04%	-34.76%	428.57%	103.28%	-21.37%	90.82%	2900%
Net Income (Continuing)	200M	181M	175M	109M	-16M	36M	241M	48M	141M	96M	193M	154M	124M	37M	124M	150M	125M	92M	188M	30M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	232M	234M	109M	110M	223M	223M	152M	157M	152M	152M	153M	123M	18M	14M	12M	16M	16M	19M	19M	15M
EPS (Diluted)	0.39	0.35	0.34	0.21	-0.03	0.07	0.45	0.08	0.26	0.18	0.30	0.30	0.24	0.07	0.24	0.28	0.24	0.18	0.36	0.05
EPS Growth %	1370.36%	405.78%	-24.44%	171.67%	-111.81%	-61.56%	50%	-74.23%	8.33%	172.73%	25%	7.14%	0%	-63.33%	-33.33%	414.71%	100%	-18.18%	89.47%	-
EPS (Basic)	0.39	0.35	0.34	0.21	-0.03	0.07	0.45	0.08	0.26	0.18	0.30	0.30	0.24	0.07	0.24	0.28	0.24	0.18	0.36	0.05
Diluted Shares Outstanding	524.42M	519.05M	519.05M	519.05M	521.26M	520.32M	518.43M	517.7M	517.88M	517.84M	516.46M	516M	515.94M	515.91M	515.07M	528.57M	514.82M	514.78M	514.92M	514.35M
Basic Shares Outstanding	521.68M	519.05M	519.05M	519.05M	521.26M	520.32M	518.43M	516.17M	514.81M	517.84M	516.46M	516M	515.94M	515.91M	515.07M	514.85M	514.82M	514.78M	514.92M	514.36M
Dividend Payout Ratio	147.06%	54.64%	56.82%	91.74%	-	263.89%	39.83%	229.27%	64.03%	92.71%	55.97%	58.55%	68.85%	244.12%	68.85%	56.08%	63.71%	84.78%	41.71%	278.57%