Warner Music (WMG) Net Income towards Common Stockholders (2010 - 2026)
Warner Music's Net Income towards Common Stockholders was $204 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$16 million a year earlier and up 11.5% from the prior quarter.
Warner Music (WMG) Net Income towards Common Stockholders (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Net Income towards Common Stockholders was $672 million through Jun 30, 2026, up 126.3% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $365 million, down 16.1% from FY2024.
- In earlier fiscal years, Net Income towards Common Stockholders was $435 million in FY2024 (+1.2%), $430 million in FY2023 (-22.0%), $551 million in FY2022 (+81.3%) and $304 million in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Net Income towards Common Stockholders since fiscal Q1 2025.
- Compared with a year earlier, Net Income towards Common Stockholders was higher in three of the last six quarters, with growth averaging 76.9%.
- The best year-over-year quarter for Net Income towards Common Stockholders over five years was fiscal Q4 2022 (growth of 428.6%); the worst was fiscal Q4 2024 (a decline of 73.0%).
- Per Business Quant data, WMG's Net Income towards Common Stockholders in the three fiscal quarters before Q3 2026 was $183 million (Q2 2026), $176 million (Q1 2026) and $109 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn | 2.64 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn | 204.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - | -28.80 Mn |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn | -23.79 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn | -93,111.00 |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - | -71,458.00 |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | -4.33 Mn |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 2.20 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 204.00 Mn |
| Mar 31, 2026 | 183.00 Mn |
| Dec 31, 2025 | 176.00 Mn |
| Sep 30, 2025 | 109.00 Mn |
| Jun 30, 2025 | -16.00 Mn |
| Mar 31, 2025 | 36.00 Mn |
| Dec 31, 2024 | 236.00 Mn |
| Sep 30, 2024 | 41.00 Mn |
| Jun 30, 2024 | 139.00 Mn |
| Mar 31, 2024 | 96.00 Mn |
| Dec 31, 2023 | 159.00 Mn |
| Sep 30, 2023 | 152.00 Mn |
| Jun 30, 2023 | 122.00 Mn |
| Mar 31, 2023 | 34.00 Mn |
| Dec 31, 2022 | 122.00 Mn |
| Sep 30, 2022 | 148.00 Mn |
| Jun 30, 2022 | 124.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 187.00 Mn |
| Sep 30, 2021 | 28.00 Mn |
Warner Music Net Income towards Common Stockholders 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-income-towards-common-stockholders&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income-towards-common-stockholders", "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-income-towards-common-stockholders&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();