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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 Q3 2025 value amounting to $1.0 billion.

  • Warner Music's Cost of Revenue rose 2107.73% to $1.0 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $3.6 billion, marking a year-over-year increase of 825.63%. This contributed to the annual value of $3.6 billion for FY2025, which is 825.63% up from last year.
  • Per Warner Music's latest filing, its Cost of Revenue stood at $1.0 billion for Q3 2025, which was up 2107.73% from $913.0 million recorded in Q2 2025.
  • In the past 5 years, Warner Music's Cost of Revenue ranged from a high of $1.0 billion in Q3 2025 and a low of $623.0 million during Q1 2021
  • For the 5-year period, Warner Music's Cost of Revenue averaged around $805.3 million, with its median value being $799.0 million (2022).
  • As far as peak fluctuations go, Warner Music's Cost of Revenue surged by 2922.2% in 2021, and later tumbled 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 fell by 6.97% to $761.0 million in 2022, then grew by 15.64% to $880.0 million in 2023, then increased by 1.59% to $894.0 million in 2024, then increased by 15.66% to $1.0 billion in 2025.
  • Its last three reported values are $1.0 billion in Q3 2025, $913.0 million for Q2 2025, and $791.0 million during Q1 2025.