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
DateValue
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