Warner Music (WMG) Gross Profit (2010 - 2026)
Warner Music's (WMG) quarterly Gross Profit came in at $802.0 million in Q1 2026, up 15.73% year-on-year from $693.0 million in Q1 2025, and down 5.98% on a QoQ basis from $853.0 million in Q4 2025.
Warner Music (WMG) Gross Profit (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Gross Profit data on file, last reported at $802.0 million in Q1 2026.
- On a quarterly basis, Gross Profit rose 15.73% year-over-year to $802.0 million in Q1 2026; TTM through Mar 2026 was $3.3 billion, a 10.12% increase from a year earlier, with the FY2025 full-year figure at $3.1 billion, changed 0.13% from the prior year.
- Gross Profit for Q1 2026 stood at $802.0 million, down from $853.0 million in the prior quarter.
- Over the last five years, Gross Profit for WMG reached as high as $868.0 million in Q4 2023 and fell as low as $666.0 million in Q2 2022.
- Historically, Gross Profit has averaged $747.3 million across 5 years, with a median of $727.0 million in 2022.
- Across the five-year window, Gross Profit increased 19.39% in 2023 and decreased 11.06% in 2024, its largest moves.
- Year by year, Gross Profit stood at $727.0 million in 2022, then gained by 19.39% to $868.0 million in 2023, then retreated by 11.06% to $772.0 million in 2024, then rose by 10.49% to $853.0 million in 2025, then declined by 5.98% to $802.0 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $802.0 million in Q1 2026, $853.0 million in Q4 2025, and $834.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 802.00 Mn |
| Mar 31, 2026 | 802.00 Mn |
| Dec 31, 2025 | 853.00 Mn |
| Dec 31, 2025 | 853.00 Mn |
| Sep 30, 2025 | 834.00 Mn |
| Sep 30, 2025 | 834.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Mar 31, 2025 | 693.00 Mn |
| Mar 31, 2025 | 693.00 Mn |
| Dec 31, 2024 | 772.00 Mn |
| Dec 31, 2024 | 772.00 Mn |
| Sep 30, 2024 | 776.00 Mn |
| Sep 30, 2024 | 776.00 Mn |
| Jun 30, 2024 | 724.00 Mn |
| Jun 30, 2024 | 724.00 Mn |
| Mar 31, 2024 | 703.00 Mn |
| Mar 31, 2024 | 703.00 Mn |
| Dec 31, 2023 | 868.00 Mn |
| Dec 31, 2023 | 868.00 Mn |