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
DateValue
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