Growth Metrics

Warner Music (WMG) Gross Margin (2016 - 2025)

Warner Music (WMG) has disclosed Gross Margin for 16 consecutive years, with 46.36% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 2.0% to 46.36% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 45.87% through Dec 2025, down 103.0% year-over-year, with the annual reading at 45.85% for FY2025, 194.0% down from the prior year.
  • Gross Margin for Q4 2025 was 46.36% at Warner Music, up from 44.65% in the prior quarter.
  • The five-year high for Gross Margin was 50.16% in Q1 2021, with the low at 44.65% in Q3 2025.
  • Average Gross Margin over 5 years is 47.35%, with a median of 46.71% recorded in 2023.
  • The sharpest move saw Gross Margin soared 136bps in 2021, then plummeted -332bps in 2024.
  • Over 5 years, Gross Margin stood at 49.32% in 2021, then fell by -1bps to 48.86% in 2022, then grew by 2bps to 49.66% in 2023, then decreased by -7bps to 46.34% in 2024, then rose by 0bps to 46.36% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 46.36%, 44.65%, and 45.94% for Q4 2025, Q3 2025, and Q2 2025 respectively.