Warner Music Group Quarterly Cash Flow Statement
NASDAQ: WMGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Warner Music Group free cash flow
In the quarter ended Jun 30, 2026, Warner Music Group generated $142.0 million of operating cash flow and spent $28.0 million on capital expenditures. That left free cash flow of $114.0 million, a free-cash-flow margin of 6.1% of revenue. Free cash flow was up 1528.6% from the prior year's $7.0 million.
Warner Music Group returned $100.0 million to shareholders through dividends, equal to 88% of free cash flow. Free cash flow covered dividend payments 1.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Warner Music Group cash flow statement (quarterly)
| Quarter (USD) | Q3 20262026-06-30 | Q2 20262026-03-31 | Q1 20262025-12-31 | Q4 20252025-09-30 | Q3 20252025-06-30 | Q2 20252025-03-31 | Q1 20252024-12-31 | Q4 20242024-09-30 | Q3 20242024-06-30 | Q2 20242024-03-31 | Q1 20242023-12-31 | Q4 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 204.00M | 183.00M | 176.00M | 109.00M | -16.00M | 36.00M | 236.00M | 41.00M | 139.00M | 96.00M | 159.00M | 152.00M |
| Net Income growth (YoY) | — | +408.33% | -25.42% | +165.85% | -111.51% | -62.50% | +48.43% | -73.03% | +13.93% | +182.35% | +30.33% | +2.70% |
| Depreciation & Amortization | 111.00M | 103.00M | 99.00M | 104.00M | 96.00M | 90.00M | 86.00M | 83.00M | 80.00M | 83.00M | 81.00M | 79.00M |
| Stock-Based Compensation | — | — | — | — | 1.00M | — | — | — | — | — | — | — |
| Change in Working Capital | -310.00M | 60.00M | -99.00M | 128.00M | -181.00M | 76.00M | -83.00M | 258.00M | -157.00M | -98.00M | -130.00M | 288.00M |
| Operating Cash Flow | 142.00M | 126.00M | 440.00M | 231.00M | 46.00M | 69.00M | 332.00M | 304.00M | 188.00M | -31.00M | 293.00M | 338.00M |
| Capital Expenditures | -28.00M | -27.00M | -20.00M | -28.00M | -39.00M | -36.00M | -36.00M | -33.00M | -28.00M | -26.00M | -29.00M | -38.00M |
| Investing Cash Flow | -151.00M | -471.00M | -52.00M | -67.00M | -71.00M | -121.00M | -81.00M | -110.00M | -76.00M | -33.00M | -92.00M | -196.00M |
| Dividends Paid | -100.00M | -100.00M | -100.00M | -100.00M | -94.00M | -95.00M | -94.00M | -94.00M | -89.00M | -89.00M | -89.00M | -89.00M |
| Share Repurchases | 0 | -22.00M | -26.00M | -13.00M | -1.00M | 0 | -2.00M | 0 | 0 | 0 | 0 | — |
| Financing Cash Flow | -110.00M | 328.00M | -159.00M | -153.00M | -96.00M | -121.00M | -127.00M | -116.00M | -90.00M | -97.00M | -93.00M | -92.00M |
| Net Change in Cash | -123.00M | -7.00M | 216.00M | 5.00M | -110.00M | -165.00M | 108.00M | 87.00M | 20.00M | -167.00M | 113.00M | 41.00M |
| Free Cash Flow | 114.00M | 99.00M | 420.00M | 203.00M | 7.00M | 33.00M | 296.00M | 271.00M | 160.00M | -57.00M | 264.00M | 300.00M |
This table shows 12 quarterly periods of Warner Music Group's cash flow statement, from Q3 2026 back to Q4 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WMG's reporting calendar. What is a cash flow statement?