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

Warner Music (WMG) has 17 years of Operating Margin data on file, last reported at 15.24% in Q1 2026.

• Operating Margin for Q1 2026 came in at 15.24%, up 392.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.12% (up 56.0% YoY), and the FY2025 annual result was 10.35%, down 246.0% from the prior year.
• Operating Margin fell to 15.24% in Q1 2026 per WMG's latest filing, from 15.65% in the prior quarter.
• Over five years, Operating Margin peaked at 20.25% in Q4 2023 and troughed at 7.66% in Q3 2025.
• A 5-year average of 12.25% and a median of 12.06% in 2022 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2024 and 2026: Operating Margin tumbled 741 bps in 2024, then surged 392 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 17.81% in 2022, then grew by 14 bps to 20.25% in 2023, then slumped by 37 bps to 12.85% in 2024, then climbed by 22 bps to 15.65% in 2025, then slipped by 3 bps to 15.24% in 2026.
• Business Quant data shows WMG's Operating Margin at 15.24% in Q1 2026, 15.65% in Q4 2025, and 7.66% in Q3 2025.