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Warner Music (WMG) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Warner Music (WMG) over the last 17 years, with Q4 2025 value amounting to $987.0 million.

  • Warner Music's Cost of Revenue rose 1040.27% to $987.0 million in Q4 2025 from the same period last year, while for Dec 2025 it was $3.7 billion, marking a year-over-year increase of 1056.69%. This contributed to the annual value of $3.6 billion for FY2025, which is 825.63% up from last year.
  • As of Q4 2025, Warner Music's Cost of Revenue stood at $987.0 million, which was up 1040.27% from $1.0 billion recorded in Q3 2025.
  • In the past 5 years, Warner Music's Cost of Revenue registered a high of $1.0 billion during Q3 2025, and its lowest value of $623.0 million during Q1 2021.
  • Its 5-year average for Cost of Revenue is $814.3 million, with a median of $808.5 million in 2021.
  • As far as peak fluctuations go, Warner Music's Cost of Revenue skyrocketed by 2922.2% in 2021, and later plummeted by 696.82% in 2022.
  • Over the past 5 years, Warner Music's Cost of Revenue (Quarter) stood at $818.0 million in 2021, then decreased by 6.97% to $761.0 million in 2022, then rose by 15.64% to $880.0 million in 2023, then grew by 1.59% to $894.0 million in 2024, then rose by 10.4% to $987.0 million in 2025.
  • Its Cost of Revenue stands at $987.0 million for Q4 2025, versus $1.0 billion for Q3 2025 and $913.0 million for Q2 2025.