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
DateValue
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%