Warner Music (WMG) EBT (2010 - 2026)

Warner Music (WMG) reported EBT of $254.0 million for Q1 2026, up 290.77% year-over-year from $65.0 million in Q1 2025, and up 3.25% quarter-over-quarter from $246.0 million in Q4 2025.

Warner Music (WMG) EBT (2010 - 2026) Analysis & Trends

Warner Music (WMG) has 17 years of EBT data on file, last reported at $254.0 million in Q1 2026.

  • EBT for Q1 2026 came in at $254.0 million, up 290.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $595.0 million (down 3.57% YoY), and the FY2025 annual result was $490.0 million, down 18.47% from the prior year.
  • EBT improved to $254.0 million in Q1 2026 per WMG's latest filing, from $246.0 million in the prior quarter.
  • Over five years, EBT peaked at $330.0 million in Q4 2024 and troughed at -$11.0 million in Q2 2025.
  • A 5-year average of $157.5 million and a median of $167.0 million in 2023 frame the typical range for EBT.
  • The sharpest annual moves came in 2025 and 2026: EBT plunged 106.43% in 2025, then surged 290.77% in 2026.
  • A 5-year view of EBT shows it stood at $172.0 million in 2022, then soared by 54.07% to $265.0 million in 2023, then increased by 24.53% to $330.0 million in 2024, then retreated by 25.45% to $246.0 million in 2025, then gained by 3.25% to $254.0 million in 2026.
  • Business Quant data shows WMG's EBT at $254.0 million in Q1 2026, $246.0 million in Q4 2025, and $106.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 6.55 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 3.37 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -3.12 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -412.10 Mn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 58.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 236.00 Mn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 88.65 Mn
9 News 15.92 Bn 14.45 Bn - 189.00 Mn
10 Warner Music 4.13 Bn 3.49 Bn 802.00 Mn 254.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 254.00 Mn
Dec 31, 2025 246.00 Mn
Sep 30, 2025 106.00 Mn
Jun 30, 2025 -11.00 Mn
Mar 31, 2025 65.00 Mn
Dec 31, 2024 330.00 Mn
Sep 30, 2024 51.00 Mn
Jun 30, 2024 171.00 Mn
Mar 31, 2024 114.00 Mn
Dec 31, 2023 265.00 Mn
Sep 30, 2023 212.00 Mn
Jun 30, 2023 167.00 Mn
Mar 31, 2023 58.00 Mn
Dec 31, 2022 172.00 Mn
Sep 30, 2022 187.00 Mn
Jun 30, 2022 164.00 Mn
Mar 31, 2022 126.00 Mn
Dec 31, 2021 263.00 Mn
Sep 30, 2021 52.00 Mn
Jun 30, 2021 102.00 Mn