Warner Music (WMG) Consolidated Net Income (2010 - 2026)
Warner Music's Consolidated Net Income was $200 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$16 million a year earlier and up 10.5% from the prior quarter.
Warner Music (WMG) Consolidated Net Income (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Consolidated Net Income was $665 million through Jun 30, 2026, up 115.2% year-over-year; for FY2025 (ended Sep 30, 2025), it was $370 million, down 22.6% from FY2024.
- In earlier fiscal years, Consolidated Net Income was $478 million in FY2024 (+8.9%), $439 million in FY2023 (-20.9%), $555 million in FY2022 (+80.8%) and $307 million in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Consolidated Net Income since fiscal Q1 2025.
- Compared with a year earlier, Consolidated Net Income was higher in three of the last six quarters, with growth averaging 66.0%.
- The best year-over-year quarter for Consolidated Net Income over five years was fiscal Q2 2026 (growth of 402.8%); the worst was fiscal Q4 2024 (a decline of 68.8%).
- Per Business Quant data, WMG's Consolidated Net Income in the three fiscal quarters before Q3 2026 was $181 million (Q2 2026), $175 million (Q1 2026) and $109 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn | 2.84 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn | 200.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - | -29.30 Mn |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn | -23.79 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn | -508,386.00 |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - | -71,458.00 |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | -4.33 Mn |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 200.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Dec 31, 2025 | 175.00 Mn |
| Sep 30, 2025 | 109.00 Mn |
| Jun 30, 2025 | -16.00 Mn |
| Mar 31, 2025 | 36.00 Mn |
| Dec 31, 2024 | 241.00 Mn |
| Sep 30, 2024 | 48.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 96.00 Mn |
| Dec 31, 2023 | 193.00 Mn |
| Sep 30, 2023 | 154.00 Mn |
| Jun 30, 2023 | 124.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 124.00 Mn |
| Sep 30, 2022 | 150.00 Mn |
| Jun 30, 2022 | 125.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 188.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
Warner Music Consolidated Net Income 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=consolidated-net-income&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "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=consolidated-net-income&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();