Warner Music (WMG) Net Cash Flow (2010 - 2026)
Warner Music (WMG) reported Net Cash Flow of -$17.0 million for Q1 2026, up 90.17% year-over-year from -$8.9 million in Q1 2025, and down 107.42% on a QoQ basis from $229.0 million in Q4 2025.
Warner Music (WMG) has 17 years of Net Cash Flow data on file, last reported at -$17.0 million in Q1 2026.
- Quarterly Net Cash Flow rose 90.17% year-over-year to -$17.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $102.0 million (up 100.0% YoY) and the FY2025 annual result came in at -$159.0 million, down 438.3% from the prior year.
- Net Cash Flow declined to -$17.0 million in Q1 2026 per WMG's latest filing, from $229.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $253.0 million in Q3 2022 and bottomed at -$173.0 million in Q1 2025.
- The 5-year median for Net Cash Flow is $11.0 million (2025), against an average of $18.5 million.
- The widest annual swing landed in 2024, when Net Cash Flow surged 633.33%; it then slumped 650.0% in 2025.
- Tracing WMG's Net Cash Flow over 5 years: stood at $129.0 million in 2022, then dropped by 16.28% to $108.0 million in 2023, then increased by 14.81% to $124.0 million in 2024, then surged by 84.68% to $229.0 million in 2025, then sank by 107.42% to -$17.0 million in 2026.
- Per Business Quant, the three latest WMG Net Cash Flow figures stand at -$17.0 million (Q1 2026), $229.0 million (Q4 2025), and $11.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 3.28 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 36.00 Mn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -1.25 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 2.04 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 1.58 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 280.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 64.67 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 114.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 545.52 Mn |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 802.00 Mn | -17.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -17.00 Mn |
| Mar 31, 2026 | -17.00 Mn |
| Dec 31, 2025 | 229.00 Mn |
| Dec 31, 2025 | 229.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | -121.00 Mn |
| Jun 30, 2025 | -121.00 Mn |
| Mar 31, 2025 | -173.00 Mn |
| Mar 31, 2025 | -173.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 78.00 Mn |
| Sep 30, 2024 | 78.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | -161.00 Mn |
| Mar 31, 2024 | -161.00 Mn |
| Dec 31, 2023 | 108.00 Mn |
| Dec 31, 2023 | 108.00 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Mar 31, 2023 | -120.00 Mn |
| Mar 31, 2023 | -120.00 Mn |
| Dec 31, 2022 | 129.00 Mn |
| Dec 31, 2022 | 129.00 Mn |
| Sep 30, 2022 | 253.00 Mn |
| Sep 30, 2022 | 253.00 Mn |
| Jun 30, 2022 | -34.00 Mn |
| Jun 30, 2022 | -34.00 Mn |
| Mar 31, 2022 | -66.00 Mn |
| Mar 31, 2022 | -66.00 Mn |
| Dec 31, 2021 | -47.00 Mn |
| Dec 31, 2021 | -47.00 Mn |
| Sep 30, 2021 | 60.00 Mn |
| Sep 30, 2021 | 60.00 Mn |
| Jun 30, 2021 | -150.00 Mn |
| Jun 30, 2021 | -150.00 Mn |
| Mar 31, 2021 | 25.00 Mn |
| Mar 31, 2021 | 25.00 Mn |
| Dec 31, 2020 | 4.00 Mn |
| Dec 31, 2020 | 4.00 Mn |
| Sep 30, 2020 | 16.00 Mn |
| Sep 30, 2020 | 16.00 Mn |
| Jun 30, 2020 | 44.00 Mn |
| Jun 30, 2020 | 44.00 Mn |
| Mar 31, 2020 | 29.00 Mn |
| Mar 31, 2020 | 29.00 Mn |
| Dec 31, 2019 | -161.00 Mn |
| Dec 31, 2019 | -161.00 Mn |
| Sep 30, 2019 | 84.00 Mn |
| Sep 30, 2019 | 84.00 Mn |
| Jun 30, 2019 | 71.00 Mn |
| Jun 30, 2019 | 71.00 Mn |
| Mar 31, 2019 | -79.00 Mn |
| Mar 31, 2019 | -79.00 Mn |
| Dec 31, 2018 | 36.00 Mn |
| Dec 31, 2018 | 36.00 Mn |
| Sep 30, 2018 | -388.00 Mn |
| Sep 30, 2018 | -388.00 Mn |
| Jun 30, 2018 | 304.00 Mn |
| Jun 30, 2018 | 304.00 Mn |
| Mar 31, 2018 | -168.00 Mn |
| Mar 31, 2018 | -168.00 Mn |
| Dec 31, 2017 | 127.00 Mn |
| Dec 31, 2017 | 127.00 Mn |
| Sep 30, 2017 | 75.00 Mn |
| Sep 30, 2017 | 75.00 Mn |
| Jun 30, 2017 | 85.00 Mn |
| Jun 30, 2017 | 85.00 Mn |
| Mar 31, 2017 | 15.00 Mn |
| Mar 31, 2017 | 15.00 Mn |
| Dec 31, 2016 | 106.00 Mn |
| Dec 31, 2016 | 106.00 Mn |
| Sep 30, 2016 | 15.00 Mn |
| Sep 30, 2016 | 15.00 Mn |
| Jun 30, 2016 | 26.00 Mn |
| Jun 30, 2016 | 26.00 Mn |
| Mar 31, 2016 | 40.00 Mn |
| Mar 31, 2016 | 40.00 Mn |
| Dec 31, 2015 | 37.00 Mn |
| Dec 31, 2015 | 37.00 Mn |
| Sep 30, 2015 | 84.00 Mn |
| Sep 30, 2015 | 84.00 Mn |
| Jun 30, 2015 | -50.00 Mn |
| Jun 30, 2015 | -50.00 Mn |
| Mar 31, 2015 | 79.00 Mn |
| Mar 31, 2015 | 79.00 Mn |
| Dec 31, 2014 | -5.00 Mn |
| Dec 31, 2014 | -5.00 Mn |
| Sep 30, 2014 | 20.00 Mn |
| Sep 30, 2014 | 20.00 Mn |
| Jun 30, 2014 | -7.00 Mn |
| Jun 30, 2014 | -7.00 Mn |
| Mar 31, 2014 | 23.00 Mn |
| Mar 31, 2014 | 23.00 Mn |
| Dec 31, 2013 | -24.00 Mn |
| Dec 31, 2013 | -24.00 Mn |
| Sep 30, 2013 | 51.00 Mn |
| Sep 30, 2013 | 51.00 Mn |
| Jun 30, 2013 | -188.00 Mn |
| Jun 30, 2013 | -188.00 Mn |
| Mar 31, 2013 | 110.00 Mn |
| Mar 31, 2013 | 110.00 Mn |
| Dec 31, 2012 | -111.00 Mn |
| Dec 31, 2012 | -111.00 Mn |
| Sep 30, 2012 | 211.00 Mn |
| Sep 30, 2012 | 211.00 Mn |
| Mar 31, 2012 | 102.00 Mn |
| Mar 31, 2012 | 102.00 Mn |
| Dec 31, 2011 | 13.00 Mn |
| Dec 31, 2011 | 13.00 Mn |
| Dec 31, 2010 | -179.00 Mn |
| Dec 31, 2010 | -179.00 Mn |
| Sep 30, 2010 | 25.00 Mn |
| Sep 30, 2010 | 25.00 Mn |