Warner Music (WMG) Cash from Operations (2009 - 2026)
Warner Music (WMG) recorded Cash from Operations of $142 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 208.7% from $46 million a year earlier and up 12.7% from the prior quarter.
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Analysis
Warner Music (WMG) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Warner Music's Cash from Operations came in at $939 million as of Jun 30, 2026, up 25.0% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $678 million, down 10.1% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- Across earlier fiscal years, Cash from Operations came in at $754 million in FY2024 (+9.8%), $687 million in FY2023 (-7.4%), $742 million in FY2022 (+16.3%) and $638 million in FY2021 (+37.8%).
- Quarterly Cash from Operations has ranged from -$31 million in fiscal Q2 2024 to $440 million in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Cash from Operations has increased for three consecutive quarters, with growth averaging 32.5% over the last seven quarters.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 208.7% in fiscal Q3 2026, against a decline of 75.5% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $126 million (Q2 2026), $440 million (Q1 2026) and $231 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 205.42 Bn | 189.99 Bn | 11.57 Bn | 4.87 Bn |
| 2 | Warner Music | 16.90 Bn | 14.39 Bn | 854.00 Mn | 142.00 Mn |
| 3 | Lionsgate Studios | 4.18 Bn | 2.90 Bn | 240.40 Mn | -52.70 Mn |
| 4 | Angel Studios | 905.05 Mn | 728.30 Mn | 100.00 Mn | 10.29 Mn |
| 5 | Reservoir Media | 675.30 Mn | 590.68 Mn | 32.16 Mn | 22.97 Mn |
| 6 | Kartoon Studios | 31.10 Mn | -22.52 Mn | 1.19 Mn | 34.29 Mn |
| 7 | American Picture House | 4.55 Mn | 4.55 Mn | - | -38,241.00 |
| 8 | Nexus Advanced Technologies | 792,061.23 | -15.85 Mn | - | - |
| 9 | AI Era | 58,016.81 | -592,216.19 | - | -518,591.00 |
| 10 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 2.88 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 142.00 Mn |
| Mar 31, 2026 | 126.00 Mn |
| Dec 31, 2025 | 440.00 Mn |
| Sep 30, 2025 | 231.00 Mn |
| Jun 30, 2025 | 46.00 Mn |
| Mar 31, 2025 | 69.00 Mn |
| Dec 31, 2024 | 332.00 Mn |
| Sep 30, 2024 | 304.00 Mn |
| Jun 30, 2024 | 188.00 Mn |
| Mar 31, 2024 | -31.00 Mn |
| Dec 31, 2023 | 293.00 Mn |
| Sep 30, 2023 | 338.00 Mn |
| Jun 30, 2023 | 146.00 Mn |
| Mar 31, 2023 | -6.00 Mn |
| Dec 31, 2022 | 209.00 Mn |
| Sep 30, 2022 | 406.00 Mn |
| Jun 30, 2022 | 163.00 Mn |
| Mar 31, 2022 | 44.00 Mn |
| Dec 31, 2021 | 129.00 Mn |
| Sep 30, 2021 | 228.00 Mn |
API Access
Warner Music Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();