Warner Music (WMG) Free Cash Flow (2010 - 2026)
Warner Music's Free Cash Flow came in at $114 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with $7 million a year earlier and up 15.2% from the prior quarter.
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Analysis
Warner Music (WMG) Free Cash Flow (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Warner Music reported Free Cash Flow of $836 million, up 37.7% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $539 million, down 15.5% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $638 million in FY2024 (+13.9%), $560 million in FY2023 (-7.7%), $607 million in FY2022 (+11.4%) and $545 million in FY2021 (+44.2%).
- The five-year range for quarterly Free Cash Flow is -$57 million (fiscal Q2 2024) to $420 million (fiscal Q1 2026).
- Year-over-year, Free Cash Flow increased in three of the last six quarters, with growth averaging 20.6%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q2 2026 (growth of 200.0%), and the weakest in fiscal Q3 2025 (a decline of 95.6%).
- Business Quant data shows WMG's Free Cash Flow at $99 million (Q2 2026), $420 million (Q1 2026) and $203 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 195.26 Bn | 173.02 Bn | 11.57 Bn | 3.07 Bn |
| 2 | Warner Music | 11.59 Bn | 8.95 Bn | 854.00 Mn | 114.00 Mn |
| 3 | Lionsgate Studios | 3.65 Bn | 2.50 Bn | - | 51.20 Mn |
| 4 | Angel Studios | 637.46 Mn | 443.13 Mn | 59.96 Mn | 16.76 Mn |
| 5 | Reservoir Media | 629.26 Mn | 541.14 Mn | 26.69 Mn | -1.49 Mn |
| 6 | Kartoon Studios | 34.23 Mn | 17.10 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | -38,241.00 |
| 8 | Nexus Advanced Technologies | 796,165.90 | -16.87 Mn | - | - |
| 9 | AI Era | 98,268.15 | -551,964.85 | - | -518,591.00 |
| 10 | Sony | 156.09 Bn | 93.35 Bn | 6.53 Bn | 2.10 Bn |
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 | 271.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | -57.00 Mn |
| Dec 31, 2023 | 264.00 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 |
API Access
Warner Music Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();