Warner Music WMG
NASDAQ WMG
$28.16 +0.13 (+0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Warner Music (WMG) Net Margin (2010 - 2026)

Warner Music's (WMG) quarterly Net Margin came in at 10.73% in Q2 2026, up 1168.0% year-over-year from 0.85% in Q2 2025, and up 2.67% quarter-over-quarter from 10.45% in Q1 2026.

Analysis

Warner Music (WMG) Net Margin (2010 - 2026) Analysis & Trends

Warner Music (WMG) has reported Net Margin for 17 consecutive years, with 10.73% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin rose 1168.0% year-over-year to 10.73% in Q2 2026; TTM through Jun 2026 was 9.1%, a 433.0% increase from a year earlier, with the FY2025 full-year figure at 5.52%, down 192.0% from the prior year.
  • Net Margin was 10.73% for Q2 2026 at Warner Music, up from 10.45% in the prior quarter.
  • Over five years, Net Margin peaked at 14.47% in Q4 2024 and troughed at 0.95% in Q2 2025.
  • A 5-year average of 7.56% and a median of 8.53% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 1002 bps in 2025 and surged 1168 bps in 2026, its largest moves.
  • Over 5 years, Net Margin stood at 8.33% in 2022, then soared by 32 bps to 11.04% in 2023, then jumped by 31 bps to 14.47% in 2024, then sank by 34 bps to 9.51% in 2025, then gained by 13 bps to 10.73% in 2026.
  • The last three Net Margin figures came in at 10.73% (Q2 2026), 10.45% (Q1 2026), and 9.51% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Warner Music 15.06 Bn 14.57 Bn 854.00 Mn 10.73%
2 Reservoir Media 642.17 Mn 628.93 Mn 26.69 Mn -1.23%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.73%
Mar 31, 2026 10.45%
Dec 31, 2025 9.51%
Sep 30, 2025 5.84%
Jun 30, 2025 -0.95%
Mar 31, 2025 2.43%
Dec 31, 2024 14.47%
Sep 30, 2024 2.94%
Jun 30, 2024 9.07%
Mar 31, 2024 6.43%
Dec 31, 2023 11.04%
Sep 30, 2023 9.71%
Jun 30, 2023 7.93%
Mar 31, 2023 2.64%
Dec 31, 2022 8.33%
Sep 30, 2022 10.02%
Jun 30, 2022 8.73%
Mar 31, 2022 6.69%
Dec 31, 2021 11.65%
Sep 30, 2021 2.18%