Warner Music (WMG) Retained Earnings (2010 - 2026)
Warner Music's Retained Earnings was -$1.07 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$1.34 billion a year earlier.
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Analysis
Warner Music (WMG) Retained Earnings (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Retained Earnings at Warner Music came in at -$1.33 billion.
- In earlier fiscal years, Retained Earnings was -$1.31 billion in FY2024, -$1.39 billion in FY2023, -$1.48 billion in FY2022 and -$1.71 billion in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Retained Earnings since fiscal Q3 2019.
- Per Business Quant data, WMG's Retained Earnings in the three fiscal quarters before Q3 2026 was -$1.17 billion (Q2 2026), -$1.26 billion (Q1 2026) and -$1.33 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.10 Bn | 166.67 Bn | 11.57 Bn | 65.05 Bn |
| 2 | Warner Music | 14.45 Bn | 11.94 Bn | 854.00 Mn | -1.07 Bn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | -3.76 Bn |
| 4 | Angel Studios | 856.70 Mn | 662.19 Mn | 59.96 Mn | -279.13 Mn |
| 5 | Reservoir Media | 626.34 Mn | 538.65 Mn | 26.69 Mn | 31.36 Mn |
| 6 | Kartoon Studios | 37.94 Mn | 20.81 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | -8.10 Mn |
| 8 | Nexus Advanced Technologies | 2.25 Mn | -16.36 Mn | - | 117,422.63 |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | -12.12 Mn |
| 10 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 34.88 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.07 Bn |
| Mar 31, 2026 | -1.17 Bn |
| Dec 31, 2025 | -1.26 Bn |
| Sep 30, 2025 | -1.33 Bn |
| Jun 30, 2025 | -1.34 Bn |
| Mar 31, 2025 | -1.23 Bn |
| Dec 31, 2024 | -1.17 Bn |
| Sep 30, 2024 | -1.31 Bn |
| Jun 30, 2024 | -1.26 Bn |
| Mar 31, 2024 | -1.31 Bn |
| Dec 31, 2023 | -1.32 Bn |
| Sep 30, 2023 | -1.39 Bn |
| Jun 30, 2023 | -1.45 Bn |
| Mar 31, 2023 | -1.49 Bn |
| Dec 31, 2022 | -1.44 Bn |
| Sep 30, 2022 | -1.48 Bn |
| Jun 30, 2022 | -1.54 Bn |
| Mar 31, 2022 | -1.59 Bn |
| Dec 31, 2021 | -1.60 Bn |
| Sep 30, 2021 | -1.71 Bn |
API Access
Warner Music Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();