Warner Music (WMG) Net Cash Flow (2010 - 2026)
Warner Music (WMG) posted Net Cash Flow of -$119 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$121 million a year earlier.
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Analysis
Warner Music (WMG) Net Cash Flow (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Cash Flow at Warner Music was $104 million; for FY2025 (ended Sep 30, 2025), it came in at -$159 million.
- In prior fiscal years, Warner Music's Net Cash Flow was $47 million in FY2024 (-24.2%), $62 million in FY2023 (-41.5%), $106 million in FY2022 and -$61 million in FY2021.
- Quarterly Net Cash Flow has run from a low of -$173 million in fiscal Q2 2025 to a high of $253 million in fiscal Q4 2022 over five years.
- On a year-over-year basis, Net Cash Flow increased in three of the last four quarters, with growth averaging 17.4%.
- The strongest year-over-year quarter for Net Cash Flow in the past five years was fiscal Q3 2024, with growth of 633.3%; the weakest was fiscal Q4 2025, with a decline of 85.9%.
- According to Business Quant data, Net Cash Flow for the three prior fiscal quarters was -$17 million (Q2 2026), $229 million (Q1 2026) and $11 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | -499.00 Mn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | -119.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 81.20 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | 9.15 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | -17.25 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | -22,338.00 |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | - |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | -393,104.00 |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | -413.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -119.00 Mn |
| Mar 31, 2026 | -17.00 Mn |
| Dec 31, 2025 | 229.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | -121.00 Mn |
| Mar 31, 2025 | -173.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 78.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | -161.00 Mn |
| Dec 31, 2023 | 108.00 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Mar 31, 2023 | -120.00 Mn |
| Dec 31, 2022 | 129.00 Mn |
| Sep 30, 2022 | 253.00 Mn |
| Jun 30, 2022 | -34.00 Mn |
| Mar 31, 2022 | -66.00 Mn |
| Dec 31, 2021 | -47.00 Mn |
| Sep 30, 2021 | 60.00 Mn |
API Access
Warner Music Net Cash Flow 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=net-cash-flow&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();