Warner Music (WMG) EBT (2010 - 2026)

Warner Music's (WMG) quarterly EBT came in at $254.0 million in Q1 2026, up 290.77% year-on-year from $65.0 million in Q1 2025, and up 3.25% on a QoQ basis 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.

  • On a quarterly basis, EBT rose 290.77% year-over-year to $254.0 million in Q1 2026; TTM through Mar 2026 was $595.0 million, a 3.57% decrease from a year earlier, with the FY2025 full-year figure at $490.0 million, down 18.47% from the prior year.
  • EBT for Q1 2026 stood at $254.0 million, up from $246.0 million in the prior quarter.
  • Over the last five years, EBT for WMG reached as high as $330.0 million in Q4 2024 and fell as low as -$11.0 million in Q2 2025.
  • Historically, EBT has averaged $157.5 million across 5 years, with a median of $167.0 million in 2023.
  • Across the five-year window, EBT slumped 106.43% in 2025 and soared 290.77% in 2026, its largest moves.
  • Year by year, EBT stood at $172.0 million in 2022, then soared by 54.07% to $265.0 million in 2023, then advanced by 24.53% to $330.0 million in 2024, then dropped by 25.45% to $246.0 million in 2025, then grew by 3.25% to $254.0 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were $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 286.85 Bn 277.73 Bn 6.52 Bn 4.07 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 3.37 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -3.12 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -412.10 Mn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 58.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 88.65 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 282.10 Mn
8 Fox 20.85 Bn 17.36 Bn - 236.00 Mn
9 News 16.48 Bn 15.01 Bn - 189.00 Mn
10 Warner Music 73.15 Mn -534.85 Mn 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