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WMG

WMGWarner Music Group Corp.$ --
Warner Music Group Corp.

Warner Music Group Corp.

WMG

$ -

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Review earnings summary, surprise history, and upcoming forecasts.

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Earnings Summary
Updated: 03/31/2026FY2026 Q2
Revenue
1,732M USD
YoY +16.7%
Operating Income
270M USD
YoY +60.7%
Net Income
183M USD
YoY +408.3%
EPS
0.35$
YoY +405.8%

Revenue

$3.6B
FY2024 Q3$4.8B
$4.8B
Q3
FY2024 Q4$6.4B
$6.4B
Q4
FY2025 Q1$1.7B
$1.7B
Q1
FY2025 Q2$3.1B
$3.1B
Q2
FY2025 Q3$4.8B
$4.8B
Q3
FY2025 Q4$6.7B
$6.7B
Q4
FY2026 Q1$1.8B
$1.8B
Q1
FY2026 Q2$3.6B
$3.6B
Q2
Actual
+$422M (+13.4%)

Net Income

$359M
FY2024 Q3$394M
$394M
Q3
FY2024 Q4$435M
$435M
Q4
FY2025 Q1$236M
$236M
Q1
FY2025 Q2$272M
$272M
Q2
FY2025 Q3$256M
$256M
Q3
FY2025 Q4$365M
$365M
Q4
FY2026 Q1$176M
$176M
Q1
FY2026 Q2$359M
$359M
Q2
Actual
+$87M (+32.0%)

Surprise History

Actual RevenueAnalyst Estimate
FY2020BEAT
Actual:$4.5B
Est:$4.5B
FY2020BEAT
$4.5B
FY2021BEAT
Actual:$5.3B
Est:$5.3B
FY2021BEAT
$5.3B
FY2022BEAT
Actual:$5.9B
Est:$5.8B
FY2022BEAT
$5.9B
FY2023MISS
Actual:$6B
Est:$6.4B
FY2023MISS
$6B
FY2024BEAT
Actual:$6.4B
Est:$6.4B
FY2024BEAT
$6.4B
FY2025BEAT
Actual:$6.7B
Est:$6.5B
FY2025BEAT
$6.7B

Analyst Estimates