Warner Music (WMG) Free Cash Flow (2010 - 2026)
Warner Music's (WMG) quarterly Free Cash Flow came in at $154.0 million in Q1 2026, up 2666.67% year-on-year from $5.6 million in Q1 2025, and down 63.33% on a QoQ basis from $420.0 million in Q4 2025.
Warner Music (WMG) Free Cash Flow (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Free Cash Flow data on file, last reported at $154.0 million in Q1 2026.
- On a quarterly basis, Free Cash Flow rose 2666.67% year-over-year to $154.0 million in Q1 2026; TTM through Mar 2026 was $784.0 million, a 4.51% decrease from a year earlier, with the FY2025 full-year figure at $539.0 million, down 19.43% from the prior year.
- Free Cash Flow for Q1 2026 stood at $154.0 million, down from $420.0 million in the prior quarter.
- Over the last five years, Free Cash Flow for WMG reached as high as $420.0 million in Q4 2025 and fell as low as -$87.0 million in Q1 2024.
- Historically, Free Cash Flow has averaged $167.9 million across 5 years, with a median of $190.0 million in 2024.
- Across the five-year window, Free Cash Flow plunged 468.75% in 2023 and jumped 2666.67% in 2026, its largest moves.
- Year by year, Free Cash Flow stood at $206.0 million in 2022, then gained by 28.16% to $264.0 million in 2023, then rose by 26.89% to $335.0 million in 2024, then rose by 25.37% to $420.0 million in 2025, then plunged by 63.33% to $154.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $154.0 million in Q1 2026, $420.0 million in Q4 2025, and $203.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 1.53 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 4.94 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -476.00 Mn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 2.03 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 78.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 203.76 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 674.56 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 1.77 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 399.00 Mn |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | 154.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 154.00 Mn |
| Mar 31, 2026 | 154.00 Mn |
| Dec 31, 2025 | 420.00 Mn |
| Dec 31, 2025 | 420.00 Mn |
| Sep 30, 2025 | 203.00 Mn |
| Sep 30, 2025 | 203.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | 335.00 Mn |
| Dec 31, 2024 | 335.00 Mn |
| Sep 30, 2024 | 302.00 Mn |
| Sep 30, 2024 | 302.00 Mn |
| Jun 30, 2024 | 190.00 Mn |
| Jun 30, 2024 | 190.00 Mn |
| Mar 31, 2024 | -87.00 Mn |
| Mar 31, 2024 | -87.00 Mn |
| Dec 31, 2023 | 264.00 Mn |
| Dec 31, 2023 | 264.00 Mn |