Warner Music (WMG) Operating Income (2010 - 2026)

Warner Music (WMG) has reported Operating Income for 17 consecutive years, with $305.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Income rose 80.47% year-over-year to $305.0 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 44.09% increase from a year earlier, with the FY2025 full-year figure at $694.0 million, down 15.67% from the prior year.
• Operating Income was $305.0 million for Q2 2026 at Warner Music, up from $264.0 million in the prior quarter.
• Over five years, Operating Income peaked at $354.0 million in Q4 2023 and troughed at $119.0 million in Q1 2024.
• A 5-year average of $202.2 million and a median of $179.0 million in 2023 frame the typical range for Operating Income.
• Across the five-year window, Operating Income sank 39.55% in 2024 and surged 80.47% in 2026, its largest moves.
• Over 5 years, Operating Income stood at $265.0 million in 2022, then soared by 33.58% to $354.0 million in 2023, then slumped by 39.55% to $214.0 million in 2024, then soared by 34.58% to $288.0 million in 2025, then grew by 5.9% to $305.0 million in 2026.
• The last three Operating Income figures came in at $305.0 million (Q2 2026), $264.0 million (Q1 2026), and $288.0 million (Q4 2025), per Business Quant data.