Warner Music Group Income Statement

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	Mar '26 Mar 31, 2026	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
Revenue	7,129	6,707	6,426	6,037	5,919	5,301
Revenue Growth (YoY)	12.55%	4.37%	6.44%	1.99%	11.66%	18.78%
Cost of Revenue	3,864	3,632	3,355	3,177	3,080	2,742
Gross Profit	3,265	3,075	3,071	2,860	2,839	2,559
Selling, General & Admin	1,883	1,889	1,879	1,826	1,862	1,721
Depreciation & Amortization Expenses	279	258	224	245	263	229
Other Operating Expenses	234	234	145	-1	-	-
Total Operating Expenses	2,396	2,381	2,248	2,070	2,125	1,950
Operating Income	864	694	823	790	714	609
Interest Expense	-172	-162	-161	-141	-125	-122
Other Non-Operating Income (Expense)	29	-	-	-4	151	-31
Total Non-Operating Income (Expense)	-143	-162	-161	-145	26	-153
Pretax Income	721	532	662	645	740	456
Net Income	721	532	662	645	740	456
Net Income to Common	721	365	435	430	551	304
Net Income Growth	-1.10%	-16.09%	1.16%	-21.96%	81.25%	-
Shares Outstanding (Basic)	146	145	141	138	520	524
Shares Outstanding (Diluted)	147	145	141	138	520	524
Shares Change (YoY)	-82.44%	3.01%	2.04%	-73.44%	-0.83%	-9.52%
EPS (Basic)	0.86	0.69	0.83	0.82	1.06	0.58
EPS (Diluted)	0.85	0.69	0.83	0.82	1.06	0.58
EPS Growth	-2.30%	-16.87%	1.22%	-22.64%	82.76%	-
Free Cash Flow	960	539	638	560	607	545
Free Cash Flow Growth	78.11%	-15.52%	13.93%	-7.74%	11.38%	44.18%
Free Cash Flow Per Share	6.52	3.71	4.53	4.06	1.17	1.04
Dividends Per Share	0.750	0.730	0.690	0.650	0.610	0.510
Dividend Growth	2.74%	5.80%	6.15%	6.56%	19.61%	325.00%
Gross Margin	45.80%	45.85%	47.79%	47.37%	47.96%	48.27%
Operating Margin	12.12%	10.35%	12.81%	13.09%	12.06%	11.49%
Profit Margin	10.11%	7.93%	10.30%	10.68%	12.50%	8.60%
FCF Margin	13.47%	8.04%	9.93%	9.28%	10.26%	10.28%
EBITDA	1,266	1,070	1,150	1,122	1,053	915
EBITDA Margin	17.76%	15.95%	17.90%	18.59%	17.79%	17.26%
EBIT	864	694	823	790	714	609
EBIT Margin	12.12%	10.35%	12.81%	13.09%	12.06%	11.49%

SEC Filings: 10-K · 10-Q