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| 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 |