Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
32.94
-0.42 (-1.26%)
At close: May 11, 2026, 4:00 PM EDT
32.54
-0.40 (-1.21%)
After-hours: May 11, 2026, 6:11 PM EDT
Revenue
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | Sep '20 Sep 30, 2020 | Sep '19 Sep 30, 2019 | Sep '18 Sep 30, 2018 | Sep '17 Sep 30, 2017 | Sep '16 Sep 30, 2016 | Sep '15 Sep 30, 2015 | Sep '14 Sep 30, 2014 | Sep '13 Sep 30, 2013 |
Digital Recorded Music Revenue | 3.83B | 3.59B | 3.52B | |||||||||||
Digital Recorded Music Revenue Growth | 6.59% | 2.13% | 5.93% | |||||||||||
Physical Revenue | 538.00M | 527.00M | 519.00M | |||||||||||
Physical Revenue Growth | 2.09% | 1.54% | 2.37% | |||||||||||
Artist Services and Expanded-Rights Revenue | 917.00M | 835.00M | 684.00M | |||||||||||
Artist Services and Expanded-Rights Revenue Growth | 9.82% | 22.08% | -8.06% | |||||||||||
Licensing Revenue | 462.00M | 452.00M | 501.00M | |||||||||||
Licensing Revenue Growth | 2.21% | -9.78% | 31.15% | |||||||||||
Total Recorded Music Revenue | 5.75B | 5.41B | 5.22B | |||||||||||
Total Recorded Music Revenue Growth | 6.29% | 3.54% | 5.41% | |||||||||||
Performance Revenue | 241.00M | 228.00M | 198.00M | |||||||||||
Performance Revenue Growth | 5.70% | 15.15% | 14.45% | |||||||||||
Digital Music Publishing Revenue | 844.00M | 800.00M | 763.00M | |||||||||||
Digital Music Publishing Revenue Growth | 5.50% | 4.85% | 14.05% | |||||||||||
Mechanical Revenue | 68.00M | 63.00M | 58.00M | |||||||||||
Mechanical Revenue Growth | 7.94% | 8.62% | -7.94% | |||||||||||
Synchronization Revenue | 219.00M | 197.00M | 175.00M | |||||||||||
Synchronization Revenue Growth | 11.17% | 12.57% | 4.79% | |||||||||||
Other Music Publishing Revenue | 16.00M | 18.00M | 16.00M | |||||||||||
Other Music Publishing Revenue Growth | -11.11% | 12.50% | - | |||||||||||
Total Music Publishing Revenue | 1.39B | 1.31B | 1.21B | |||||||||||
Total Music Publishing Revenue Growth | 6.28% | 7.93% | 11.21% | |||||||||||
Eliminations from Revenue | -7.00M | -7.00M | -7.00M | |||||||||||
Revenue (Total) | 7.13B | 6.71B | 6.43B | |||||||||||
Revenue (Total) Growth | 6.29% | 4.37% | 6.44% |
Revenue by Geography
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | Sep '20 Sep 30, 2020 | Sep '19 Sep 30, 2019 | Sep '18 Sep 30, 2018 | Sep '17 Sep 30, 2017 | Sep '16 Sep 30, 2016 | Sep '15 Sep 30, 2015 | Sep '14 Sep 30, 2014 | Sep '13 Sep 30, 2013 |
Eliminations from Revenue | -7.00M | -7.00M | -7.00M | |||||||||||
US Recorded Music Revenue | 2.29B | 2.18B | 2.21B | |||||||||||
US Recorded Music Revenue Growth | 5.18% | -1.31% | 1.19% | |||||||||||
US Music Publishing Revenue | 727.00M | 693.00M | 660.00M | |||||||||||
US Music Publishing Revenue Growth | 4.91% | 5.00% | 13.40% | |||||||||||
Total US Revenue | 3.02B | 2.87B | 2.87B | |||||||||||
Total US Revenue Growth | 5.12% | 0.14% | 3.76% | |||||||||||
International Recorded Music Revenue | 3.45B | 3.23B | 3.01B | |||||||||||
International Recorded Music Revenue Growth | 7.03% | 7.10% | 8.73% | |||||||||||
International Music Publishing Revenue | 661.00M | 613.00M | 550.00M | |||||||||||
International Music Publishing Revenue Growth | 7.83% | 11.46% | 8.70% | |||||||||||
Total International Revenue | 4.12B | 3.84B | 3.56B | |||||||||||
Total International Revenue Growth | 7.16% | 7.77% | 8.73% | |||||||||||
Revenue (Total) | 7.13B | 6.71B | 6.43B | |||||||||||
Revenue (Total) Growth | 6.29% | 4.37% | 6.44% |
EBIT
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | Sep '20 Sep 30, 2020 | Sep '19 Sep 30, 2019 | Sep '18 Sep 30, 2018 | Sep '17 Sep 30, 2017 | Sep '16 Sep 30, 2016 | Sep '15 Sep 30, 2015 | Sep '14 Sep 30, 2014 | Sep '13 Sep 30, 2013 |
Recorded Music Operating Income | 1.03B | 850.00M | 916.00M | |||||||||||
Recorded Music Operating Income Growth | 20.71% | -7.21% | 4.69% | |||||||||||
Music Publishing Operating Income | 243.00M | 224.00M | 238.00M | |||||||||||
Music Publishing Operating Income Growth | 8.48% | -5.88% | 19.00% | |||||||||||
Corporate Operating Income | -405.00M | -380.00M | -331.00M | |||||||||||
Operating Income (Total) | 864.00M | 694.00M | 823.00M | |||||||||||
Operating Income (Total) Growth | 24.50% | -15.67% | 4.18% |
Adjusted EBITDA
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | Sep '20 Sep 30, 2020 | Sep '19 Sep 30, 2019 | Sep '18 Sep 30, 2018 | Sep '17 Sep 30, 2017 | Sep '16 Sep 30, 2016 | Sep '15 Sep 30, 2015 | Sep '14 Sep 30, 2014 | Sep '13 Sep 30, 2013 |
Recorded Music Adjusted OIBDA | 1.43B | 1.27B | 1.28B | |||||||||||
Recorded Music Adjusted OIBDA Growth | 12.29% | -1.01% | 17.18% | |||||||||||
Music Publishing Adjusted OIBDA | 392.00M | 361.00M | 330.00M | |||||||||||
Music Publishing Adjusted OIBDA Growth | 8.59% | 9.39% | 11.49% | |||||||||||
Corporate Adjusted OIBDA | -180.00M | -187.00M | -180.00M | |||||||||||
Operating Income (Other) | -773.00M | -749.00M | -609.00M | |||||||||||
Operating Income (Total) | 864.00M | 694.00M | 823.00M | |||||||||||
Operating Income (Total) Growth | 24.50% | -15.67% | 4.18% |
Updated May 7, 2026. Data Source: Fiscal.ai.