Warner Music (WMG) Free Cash Flow (2010 - 2026)
Warner Music (WMG) reported Free Cash Flow of $99.0 million for Q1 2026, up 200.0% year-over-year from $33.0 million in Q1 2025, and down 76.43% quarter-over-quarter 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 $99.0 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $99.0 million, up 200.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $729.0 million (down 4.08% YoY), and the FY2025 annual result was $539.0 million, down 15.52% from the prior year.
- Free Cash Flow retreated to $99.0 million in Q1 2026 per WMG's latest filing, from $420.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $420.0 million in Q4 2025 and troughed at -$57.0 million in Q1 2024.
- A 5-year average of $162.8 million and a median of $160.0 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2026: Free Cash Flow sank 356.25% in 2023, then jumped 200.0% in 2026.
- A 5-year view of Free Cash Flow shows it stood at $188.0 million in 2022, then soared by 40.43% to $264.0 million in 2023, then climbed by 12.12% to $296.0 million in 2024, then soared by 41.89% to $420.0 million in 2025, then sank by 76.43% to $99.0 million in 2026.
- Business Quant data shows WMG's Free Cash Flow at $99.0 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 | 327.69 Bn | 315.40 Bn | 11.41 Bn | 5.09 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 4.94 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -476.00 Mn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 2.03 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 337.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 1.77 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 198.76 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 399.00 Mn |
| 10 | Warner Music | 4.13 Bn | 3.49 Bn | 802.00 Mn | 99.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.00 Mn |
| Mar 31, 2026 | 99.00 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 | 33.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 296.00 Mn |
| Dec 31, 2024 | 296.00 Mn |
| Sep 30, 2024 | 271.00 Mn |
| Sep 30, 2024 | 271.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | -57.00 Mn |
| Mar 31, 2024 | -57.00 Mn |
| Dec 31, 2023 | 264.00 Mn |
| Dec 31, 2023 | 264.00 Mn |