Warner Music (WMG) EBT (2010 - 2026)
Warner Music (WMG) reported EBT of $267 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$11 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Warner Music (WMG) EBT (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Warner Music's EBT came in at $873 million, up 100.7% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $490 million, down 18.5% from FY2024.
- EBT has declined for three consecutive fiscal years.
- By fiscal year, EBT came in at $601 million in FY2024 (-1.3%), $609 million in FY2023 (-17.7%), $740 million in FY2022 (+62.3%) and $456 million in FY2021.
- The fiscal Q3 2026 figure ranks as the highest quarterly EBT since fiscal Q1 2025.
- Year over year, EBT gained in three of the last six quarters, with growth averaging 46.5%.
- The high point for year-over-year EBT in five years was fiscal Q2 2026 (growth of 290.8%); the low point was fiscal Q4 2024 (a decline of 75.9%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $254 million (Q2 2026), $246 million (Q1 2026) and $106 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 3.65 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 267.00 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | -21.50 Mn |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | -23.79 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | -747,511.00 |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | -71,458.00 |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | -4.33 Mn |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 3.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 267.00 Mn |
| 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 |
API Access
Warner Music EBT 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=ebt&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();