Warner Music (WMG) Gross Profit (2010 - 2026)
Warner Music (WMG) reported Gross Profit of $802.0 million for Q1 2026, up 15.73% year-over-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) has 17 years of Gross Profit data on file, last reported at $802.0 million in Q1 2026.
- Quarterly Gross Profit rose 15.73% year-over-year to $802.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 10.12% YoY) and the FY2025 annual result came in at $3.1 billion, changed 0.13% from the prior year.
- Gross Profit slipped to $802.0 million in Q1 2026 per WMG's latest filing, from $853.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $868.0 million in Q4 2023 and bottomed at $666.0 million in Q2 2022.
- The 5-year median for Gross Profit is $727.0 million (2022), against an average of $747.3 million.
- The widest annual swing landed in 2023, when Gross Profit increased 19.39%; it then decreased 11.06% in 2024.
- Tracing WMG's Gross Profit over 5 years: stood at $727.0 million in 2022, then advanced by 19.39% to $868.0 million in 2023, then decreased by 11.06% to $772.0 million in 2024, then gained by 10.49% to $853.0 million in 2025, then fell by 5.98% to $802.0 million in 2026.
- Per Business Quant, the three latest WMG Gross Profit figures stand at $802.0 million (Q1 2026), $853.0 million (Q4 2025), and $834.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 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 |
| Sep 30, 2023 | 741.00 Mn |
| Sep 30, 2023 | 741.00 Mn |
| Jun 30, 2023 | 714.00 Mn |
| Jun 30, 2023 | 714.00 Mn |
| Mar 31, 2023 | 678.00 Mn |
| Mar 31, 2023 | 678.00 Mn |
| Dec 31, 2022 | 727.00 Mn |
| Dec 31, 2022 | 727.00 Mn |
| Sep 30, 2022 | 698.00 Mn |
| Sep 30, 2022 | 698.00 Mn |
| Jun 30, 2022 | 666.00 Mn |
| Jun 30, 2022 | 666.00 Mn |
| Mar 31, 2022 | 679.00 Mn |
| Mar 31, 2022 | 679.00 Mn |
| Dec 31, 2021 | 796.00 Mn |
| Dec 31, 2021 | 796.00 Mn |
| Sep 30, 2021 | 624.00 Mn |
| Sep 30, 2021 | 624.00 Mn |
| Jun 30, 2021 | 659.00 Mn |
| Jun 30, 2021 | 659.00 Mn |
| Mar 31, 2021 | 627.00 Mn |
| Mar 31, 2021 | 627.00 Mn |
| Dec 31, 2020 | 649.00 Mn |
| Dec 31, 2020 | 649.00 Mn |
| Sep 30, 2020 | 520.00 Mn |
| Sep 30, 2020 | 520.00 Mn |
| Jun 30, 2020 | 483.00 Mn |
| Jun 30, 2020 | 483.00 Mn |
| Mar 31, 2020 | 536.00 Mn |
| Mar 31, 2020 | 536.00 Mn |
| Dec 31, 2019 | 591.00 Mn |
| Dec 31, 2019 | 591.00 Mn |
| Sep 30, 2019 | 485.00 Mn |
| Sep 30, 2019 | 485.00 Mn |
| Jun 30, 2019 | 481.00 Mn |
| Jun 30, 2019 | 481.00 Mn |
| Mar 31, 2019 | 531.00 Mn |
| Mar 31, 2019 | 531.00 Mn |
| Dec 31, 2018 | 577.00 Mn |
| Dec 31, 2018 | 577.00 Mn |
| Sep 30, 2018 | 456.00 Mn |
| Sep 30, 2018 | 456.00 Mn |
| Jun 30, 2018 | 427.00 Mn |
| Jun 30, 2018 | 427.00 Mn |
| Mar 31, 2018 | 475.00 Mn |
| Mar 31, 2018 | 475.00 Mn |
| Dec 31, 2017 | 476.00 Mn |
| Dec 31, 2017 | 476.00 Mn |
| Sep 30, 2017 | 416.00 Mn |
| Sep 30, 2017 | 416.00 Mn |
| Jun 30, 2017 | 398.00 Mn |
| Jun 30, 2017 | 398.00 Mn |
| Mar 31, 2017 | 410.00 Mn |
| Mar 31, 2017 | 410.00 Mn |
| Dec 31, 2016 | 421.00 Mn |
| Dec 31, 2016 | 421.00 Mn |
| Sep 30, 2016 | 405.00 Mn |
| Sep 30, 2016 | 405.00 Mn |
| Jun 30, 2016 | 363.00 Mn |
| Jun 30, 2016 | 363.00 Mn |
| Mar 31, 2016 | 371.00 Mn |
| Mar 31, 2016 | 371.00 Mn |
| Dec 31, 2015 | 400.00 Mn |
| Dec 31, 2015 | 400.00 Mn |
| Sep 30, 2015 | 375.00 Mn |
| Sep 30, 2015 | 375.00 Mn |
| Jun 30, 2015 | 337.00 Mn |
| Jun 30, 2015 | 337.00 Mn |
| Mar 31, 2015 | 359.00 Mn |
| Mar 31, 2015 | 359.00 Mn |
| Dec 31, 2014 | 384.00 Mn |
| Dec 31, 2014 | 384.00 Mn |
| Sep 30, 2014 | 378.00 Mn |
| Sep 30, 2014 | 378.00 Mn |
| Jun 30, 2014 | 371.00 Mn |
| Jun 30, 2014 | 371.00 Mn |
| Mar 31, 2014 | 334.00 Mn |
| Mar 31, 2014 | 334.00 Mn |
| Dec 31, 2013 | 374.00 Mn |
| Dec 31, 2013 | 374.00 Mn |
| Sep 30, 2013 | 375.00 Mn |
| Sep 30, 2013 | 375.00 Mn |
| Jun 30, 2013 | 294.00 Mn |
| Jun 30, 2013 | 294.00 Mn |
| Mar 31, 2013 | 348.00 Mn |
| Mar 31, 2013 | 348.00 Mn |
| Dec 31, 2012 | 362.00 Mn |
| Dec 31, 2012 | 362.00 Mn |
| Sep 30, 2012 | 363.00 Mn |
| Sep 30, 2012 | 363.00 Mn |
| Jun 30, 2012 | 298.00 Mn |
| Jun 30, 2012 | 298.00 Mn |
| Mar 31, 2012 | 305.00 Mn |
| Mar 31, 2012 | 305.00 Mn |
| Dec 31, 2011 | 355.00 Mn |
| Dec 31, 2011 | 355.00 Mn |
| Jun 30, 2011 | 308.00 Mn |
| Jun 30, 2011 | 308.00 Mn |
| Mar 31, 2011 | 325.00 Mn |
| Mar 31, 2011 | 325.00 Mn |
| Dec 31, 2010 | 347.00 Mn |
| Dec 31, 2010 | 347.00 Mn |
| Sep 30, 2010 | 365.00 Mn |
| Sep 30, 2010 | 365.00 Mn |
| Jun 30, 2010 | 299.00 Mn |
| Jun 30, 2010 | 299.00 Mn |