Warner Music (WMG) Net Margin (2010 - 2026)
Warner Music (WMG) reported Net Margin of 10.45% for Q1 2026, up 802.0% year-over-year from 1.16% in Q1 2025, and up 9.88% quarter-over-quarter from 9.51% in Q4 2025.
Warner Music (WMG) Net Margin (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Net Margin data on file, last reported at 10.45% in Q1 2026.
- Net Margin for Q1 2026 came in at 10.45%, up 802.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.3% (down 106.0% YoY), and the FY2025 annual result was 5.52%, down 192.0% from the prior year.
- Net Margin climbed to 10.45% in Q1 2026 per WMG's latest filing, from 9.51% 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 7.37% and a median of 8.33% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2025 and 2026: Net Margin tumbled 1002 bps in 2025, then surged 802 bps in 2026.
- A 5-year view of Net Margin shows it stood at 8.33% in 2022, then jumped by 32 bps to 11.04% in 2023, then surged by 31 bps to 14.47% in 2024, then plunged by 34 bps to 9.51% in 2025, then grew by 10 bps to 10.45% in 2026.
- Business Quant data shows WMG's Net Margin at 10.45% in Q1 2026, 9.51% in Q4 2025, and 5.84% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 43.13% |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 9.79% |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -32.68% |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | -73.15% |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -11.35% |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 7.45% |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 4.16% |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 6.87% |
| 9 | News | 15.92 Bn | 14.45 Bn | - | - |
| 10 | Warner Music | 4.13 Bn | 3.49 Bn | 802.00 Mn | 10.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 4.55% |