Warner Music (WMG) Free Cash Flow (2010 - 2026)
Warner Music's (WMG) quarterly Free Cash Flow came in at $114.0 million in Q2 2026, up 1528.57% year-over-year from $7.0 million in Q2 2025, and up 15.15% quarter-over-quarter from $99.0 million in Q1 2026.
Analysis
Warner Music (WMG) Free Cash Flow (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Free Cash Flow for 17 consecutive years, with $114.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 1528.57% year-over-year to $114.0 million in Q2 2026; TTM through Jun 2026 was $836.0 million, a 37.27% increase from a year earlier, with the FY2025 full-year figure at $539.0 million, down 15.52% from the prior year.
- Free Cash Flow was $114.0 million for Q2 2026 at Warner Music, up from $99.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $420.0 million in Q4 2025 and troughed at -$41.0 million in Q1 2023.
- A 5-year average of $160.1 million and a median of $158.0 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 356.25% in 2023 and surged 1528.57% in 2026, its largest moves.
- Over 5 years, Free Cash Flow stood at $188.0 million in 2022, then climbed by 12.77% to $212.0 million in 2023, then soared by 39.62% to $296.0 million in 2024, then surged by 41.89% to $420.0 million in 2025, then plunged by 72.86% to $114.0 million in 2026.
- The last three Free Cash Flow figures came in at $114.0 million (Q2 2026), $99.0 million (Q1 2026), and $420.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | 114.00 Mn |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | -1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 99.00 Mn |
| Dec 31, 2025 | 420.00 Mn |
| Sep 30, 2025 | 203.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 296.00 Mn |
| Sep 30, 2024 | 273.00 Mn |
| Jun 30, 2024 | 188.00 Mn |
| Mar 31, 2024 | -35.00 Mn |
| Dec 31, 2023 | 212.00 Mn |
| Sep 30, 2023 | 300.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | -41.00 Mn |
| Dec 31, 2022 | 188.00 Mn |
| Sep 30, 2022 | 368.00 Mn |
| Jun 30, 2022 | 128.00 Mn |
| Mar 31, 2022 | 16.00 Mn |
| Dec 31, 2021 | 95.00 Mn |
| Sep 30, 2021 | 193.00 Mn |