Warner Music Group Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	751	532	694	641	584	499
Cash & Short-Term Investments	751	532	694	641	584	499
Cash Growth	-6.36%	-23.34%	8.27%	9.76%	17.03%	-9.77%
Accounts Receivable	1,374	1,340	1,283	1,120	984	839
Inventory	60	62	99	151	108	99
Other Current Assets	833	836	667	490	463	459
Total Current Assets	3,018	2,770	2,843	2,402	2,139	1,896
Net Property, Plant & Equipment	597	630	693	484	641	632
Other Intangible Assets	2,844	2,879	2,512	2,721	2,384	2,171
Goodwill	2,063	2,061	2,021	1,993	1,920	1,830
Other Long-Term Assets	1,489	1,489	1,274	945	744	682
Total Assets	10,011	9,829	9,155	8,545	7,828	7,211
Accounts Payable	201	257	289	300	268	302
Accrued Expenses	3,644	3,437	3,088	2,770	2,375	2,341
Current Portion of Leases	47	43	45	41	40	14
Unearned Revenue	246	286	246	371	423	43
Other Current Liabilities	172	178	129	57	245	348
Total Current Liabilities	4,310	4,201	3,897	3,539	3,368	102
Long-Term Debt	4,371	4,365	3,496	3,964	3,732	3,150
Long-Term Leases	188	200	228	255	241	3,346
Other Long-Term Liabilities	313	306	859	357	319	494
Total Long-Term Liabilities	4,872	4,871	4,583	4,576	4,292	6,990
Total Liabilities	9,182	9,072	8,480	8,115	7,660	175
Common Stock	-	-	1	1	0	1
Additional Paid-in Capital	2,154	2,166	2,077	2,915	1,975	1,942
Accumulated Other Comprehensive Income	-180	-189	-247	-322	-347	-202
Retained Earnings	-1,255	-1,331	-1,313	-1,962	-1,477	-1,710
Total Common Shareholders' Equity	720	647	518	307	152	31
Minority Interest	109	110	157	123	16	15
Shareholders' Equity	824	757	675	430	168	46
Total Liabilities & Equity	10,011	9,829	9,155	8,545	7,828	7,211
Total Debt	4,606	4,608	3,769	4,260	4,013	6,510
Net Cash (Debt)	-3,855	-4,076	-3,075	-3,619	-3,429	-6,011
Net Cash Per Share	-	-28.09	-21.83	-26.21	-	-
Book Value	720	647	518	307	152	31
Book Value Per Share	-	4.46	3.68	2.22	-	-
Tangible Book Value	-4,187	-4,293	-4,015	-4,407	-4,152	-3,970
Tangible Book Value Per Share	-	-29.58	-28.50	-31.92	-	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.