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| Date | Value |
|---|---|
| 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 |