Warner Music Group Corp. Class A Common Stock (WMG) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Reco...
Warner Music Group Corp. Class A Common Stock's revenue increased 4.4% year over year, from $6.43B to $6.71B.
Net income decreased 16.1% over the same period, from $435.0M to $365.0M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 107% in total.
Total debt remained relatively stable at $4.06B.
The debt-to-equity ratio stands at 6.28, indicating a high leverage profile.
Operating cash flow declined 10.1% to $678.0M.
Warner Music Group Corp. Class A Common Stock maintains a moderate net profit margin of 5.4%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.55B+4.0% | $139.0M | $724.0M | $207.0M | $188.0M | $8.83B | $3.98B | $483.0M |
| Q4 FY2024 | $1.63B+4.9% | $41.0M | $776.0M | $143.0M | $304.0M | $9.15B | $4.01B | $518.0M |
| Q1 FY2025 | $1.67B+2.2% | $236.0M | $772.0M | $214.0M | $332.0M | $9.15B | $3.96B | $545.0M |
| Q2 FY2025 | $1.48B-10.9% | $36.0M | $693.0M | $168.0M | $69.0M | $9.57B | $3.99B | $567.0M |
| Q3 FY2025 | $1.69B+13.8% | $-16.0M | $776.0M | $169.0M | $46.0M | $9.78B | $4.06B | $589.0M |
| Q4 FY2025 | $1.87B+10.6% | $109.0M | $834.0M | $143.0M | $231.0M | $9.83B | $4.06B | $647.0M |
| Q1 FY2026 | $1.84B-1.5% | $176.0M | $853.0M | $288.0M | $440.0M | $10.01B | N/A | $720.0M |
| Q2 FY2026 | $1.73B-5.9% | $183.0M | $802.0M | $264.0M | $126.0M | $10.61B | N/A | $738.0M |
Balance Sheet Summary (Latest Period)
Warner Music Group Corp. Class A Common Stock (WMG) Financial Statements & Revenue History
Warner Music Group Corp. Class A Common Stock (WMG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Services-Amusement & Recreation Services industry trading at $27.15 with a market capitalization of $14. This page provides 42 historical financial statements for Warner Music Group Corp. Class A Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Warner Music Group Corp. Class A Common Stock reported revenue of $6.7 billion, representing 4.4% year-over-year growth. The net profit margin of 5.4% indicates moderate profitability. The debt-to-equity ratio of 6.28 signals high leverage.
WMG Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Warner Music Group Corp. Class A Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WMG is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WMG's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Warner Music Group Corp. Class A Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WMG's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WMG Financial Data
Investors use Warner Music Group Corp. Class A Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WMG's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WMG's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WMG's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Warner Music Group Corp. Class A Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WMG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.