Warner Music (WMG) Income from Continuing Operations (2010 - 2026)
Warner Music's Income from Continuing Operations was $200 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$16 million a year earlier and up 10.5% from the prior quarter.
Warner Music (WMG) Income from Continuing Operations (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Income from Continuing Operations was $665 million through Jun 30, 2026, up 115.2% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $370 million, down 22.6% from FY2024.
- In earlier fiscal years, Income from Continuing Operations was $478 million in FY2024 (+8.9%), $439 million in FY2023 (-20.9%), $555 million in FY2022 (+80.8%) and $307 million in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Income from Continuing Operations since fiscal Q1 2025.
- Compared with a year earlier, Income from Continuing Operations was higher in three of the last six quarters, with growth averaging 66.0%.
- The best year-over-year quarter for Income from Continuing Operations over five years was fiscal Q2 2026 (growth of 402.8%); the worst was fiscal Q4 2024 (a decline of 68.8%).
- Per Business Quant data, WMG's Income from Continuing Operations in the three fiscal quarters before Q3 2026 was $181 million (Q2 2026), $175 million (Q1 2026) and $109 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | 2.84 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | 200.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | -29.30 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | -23.79 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | -508,386.00 |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | -71,458.00 |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | - |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | -4.33 Mn |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 2.20 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 200.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Dec 31, 2025 | 175.00 Mn |
| Sep 30, 2025 | 109.00 Mn |
| Jun 30, 2025 | -16.00 Mn |
| Mar 31, 2025 | 36.00 Mn |
| Dec 31, 2024 | 241.00 Mn |
| Sep 30, 2024 | 48.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 96.00 Mn |
| Dec 31, 2023 | 193.00 Mn |
| Sep 30, 2023 | 154.00 Mn |
| Jun 30, 2023 | 124.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 124.00 Mn |
| Sep 30, 2022 | 150.00 Mn |
| Jun 30, 2022 | 125.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 188.00 Mn |
| Sep 30, 2021 | 30.00 Mn |
Warner Music Income from Continuing Operations 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=income-from-continuing-operations&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "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=income-from-continuing-operations&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();