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% quarter-over-quarter 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.
- Gross Profit for Q1 2026 came in at $802.0 million, up 15.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 10.12% YoY), and the FY2025 annual result was $3.1 billion, changed 0.13% from the prior year.
- Gross Profit retreated to $802.0 million in Q1 2026 per WMG's latest filing, from $853.0 million in the prior quarter.
- Over five years, Gross Profit peaked at $868.0 million in Q4 2023 and troughed at $666.0 million in Q2 2022.
- A 5-year average of $747.3 million and a median of $727.0 million in 2022 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2023 and 2024: Gross Profit gained 19.39% in 2023, then dropped 11.06% in 2024.
- A 5-year view of Gross Profit shows it stood at $727.0 million in 2022, then grew by 19.39% to $868.0 million in 2023, then dropped by 11.06% to $772.0 million in 2024, then climbed by 10.49% to $853.0 million in 2025, then decreased by 5.98% to $802.0 million in 2026.
- Business Quant data shows WMG's Gross Profit at $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 | 327.69 Bn | 315.40 Bn | 11.41 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - |
| 10 | Warner Music | 4.13 Bn | 3.49 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 |