Warner Music Group Quarterly Income Statement
NASDAQ: WMGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Warner Music Group revenue and earnings
In the quarter ended Jun 30, 2026, Warner Music Group generated $1.86 billion in revenue, up 10.4% from the same quarter a year earlier. Net income was $204.0 million, for a net margin of 10.9% versus a median of 5.8% in the prior 5 quarters. Gross margin was 45.8% (down from 45.9%) and operating margin 16.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Warner Music Group income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue growth (YoY) | +10.36% | +16.71% | +10.44% | +14.60% | +8.69% | -0.67% | -4.69% | +2.77% | -0.64% | +6.79% | +17.47% | +5.95% |
| Cost of Revenue | 1.01B | 930.00M | 987.00M | 1.03B | 913.00M | 791.00M | 894.00M | 854.00M | 830.00M | 791.00M | 880.00M | 845.00M |
| Gross Profit | 854.00M | 802.00M | 853.00M | 834.00M | 776.00M | 693.00M | 772.00M | 776.00M | 724.00M | 703.00M | 868.00M | 741.00M |
| Operating Expenses | 549.00M | 538.00M | 565.00M | 691.00M | 607.00M | 525.00M | 558.00M | 633.00M | 517.00M | 584.00M | 514.00M | 529.00M |
| Selling, General & Admin | 464.00M | 460.00M | 458.00M | 494.00M | 471.00M | 450.00M | 474.00M | 495.00M | 462.00M | 446.00M | 476.00M | 473.00M |
| Operating Income | 305.00M | 264.00M | 288.00M | 143.00M | 169.00M | 168.00M | 214.00M | 143.00M | 207.00M | 119.00M | 354.00M | 212.00M |
| Interest Expense | 46.00M | 44.00M | 46.00M | 45.00M | 45.00M | 44.00M | 43.00M | 45.00M | 46.00M | 46.00M | 45.00M | 42.00M |
| Other Income (Expense) | 11.00M | 38.00M | 3.00M | 6.00M | -137.00M | -64.00M | 153.00M | -52.00M | 4.00M | 37.00M | -50.00M | 36.00M |
| Pretax Income | 267.00M | 254.00M | 246.00M | 106.00M | -11.00M | 65.00M | 330.00M | 51.00M | 171.00M | 114.00M | 265.00M | 212.00M |
| Income Tax | 67.00M | 73.00M | 71.00M | -3.00M | 5.00M | 29.00M | 89.00M | 3.00M | 30.00M | 18.00M | 72.00M | 58.00M |
| 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% |
| EBITDA | 416.00M | 367.00M | 387.00M | 247.00M | 265.00M | 258.00M | 300.00M | 226.00M | 287.00M | 202.00M | 435.00M | 291.00M |
| Gross Margin | 45.82% | 46.30% | 46.36% | 44.65% | 45.94% | 46.70% | 46.34% | 47.61% | 46.59% | 47.05% | 49.66% | 46.72% |
| Operating Margin | 16.36% | 15.24% | 15.65% | 7.66% | 10.01% | 11.32% | 12.85% | 8.77% | 13.32% | 7.97% | 20.25% | 13.37% |
| Net Margin | 10.94% | 10.57% | 9.57% | 5.84% | -95.00% | 2.43% | 14.17% | 2.52% | 8.94% | 6.43% | 9.10% | 9.58% |
This table shows 12 quarterly periods of Warner Music Group's income statement, from Q3 2026 back to Q4 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WMG's reporting calendar. What is a income statement?