Warner Music (WMG) Retained Earnings (2010 - 2026)
Warner Music (WMG) reported Retained Earnings of -$1.2 billion for Q1 2026, up 4.72% year-over-year from -$1.1 billion in Q1 2025, and up 6.61% on a QoQ basis from -$1.3 billion in Q4 2025.
Warner Music (WMG) has 17 years of Retained Earnings data on file, last reported at -$1.2 billion in Q1 2026.
- Quarterly Retained Earnings rose 4.72% year-over-year to -$1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 4.72% YoY) and the FY2025 annual result came in at -$189.0 million, up 23.48% from the prior year.
- Retained Earnings improved to -$1.2 billion in Q1 2026 per WMG's latest filing, from -$1.3 billion in the prior quarter.
- Across five years, Retained Earnings topped out at -$189.0 million in Q3 2025 and bottomed at -$1.5 billion in Q3 2022.
- The 5-year median for Retained Earnings is -$322.0 million (2023), against an average of -$707.8 million.
- The widest annual swing landed in 2022, when Retained Earnings soared 83.25%; it then plunged 421.58% in 2023.
- Tracing WMG's Retained Earnings over 5 years: stood at -$276.0 million in 2022, then slumped by 377.17% to -$1.3 billion in 2023, then soared by 71.45% to -$376.0 million in 2024, then plunged by 233.78% to -$1.3 billion in 2025, then increased by 6.61% to -$1.2 billion in 2026.
- Per Business Quant, the three latest WMG Retained Earnings figures stand at -$1.2 billion (Q1 2026), -$1.3 billion (Q4 2025), and -$189.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 47.56 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 62.39 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -14.43 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -1.43 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | -124.00 Mn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 7.84 Bn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | -493,000.00 |
| 8 | News | 16.98 Bn | 15.50 Bn | - | -1.54 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | -1.38 Bn |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 802.00 Mn | -1.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.17 Bn |
| Dec 31, 2025 | -1.26 Bn |
| Sep 30, 2025 | -189.00 Mn |
| Jun 30, 2025 | -1.34 Bn |
| Mar 31, 2025 | -1.23 Bn |
| Dec 31, 2024 | -376.00 Mn |
| Sep 30, 2024 | -247.00 Mn |
| Jun 30, 2024 | -311.00 Mn |
| Mar 31, 2024 | -301.00 Mn |
| Dec 31, 2023 | -1.32 Bn |
| Sep 30, 2023 | -322.00 Mn |
| Jun 30, 2023 | -1.45 Bn |
| Mar 31, 2023 | -261.00 Mn |
| Dec 31, 2022 | -276.00 Mn |
| Sep 30, 2022 | -1.48 Bn |
| Jun 30, 2022 | -278.00 Mn |
| Mar 31, 2022 | -231.00 Mn |
| Dec 31, 2021 | -1.60 Bn |
| Sep 30, 2021 | -1.71 Bn |
| Jun 30, 2021 | -1.66 Bn |
| Mar 31, 2021 | -209.00 Mn |
| Dec 31, 2020 | -1.71 Bn |
| Sep 30, 2020 | -222.00 Mn |
| Jun 30, 2020 | -1.69 Bn |
| Mar 31, 2020 | -1.17 Bn |
| Dec 31, 2019 | -1.09 Bn |
| Sep 30, 2019 | -240.00 Mn |
| Jun 30, 2019 | -219.00 Mn |
| Mar 31, 2019 | -225.00 Mn |
| Dec 31, 2018 | -212.00 Mn |
| Sep 30, 2018 | -190.00 Mn |
| Jun 30, 2018 | -195.00 Mn |
| Mar 31, 2018 | -778.00 Mn |
| Dec 31, 2017 | -650.00 Mn |
| Sep 30, 2017 | -181.00 Mn |
| Jun 30, 2017 | -205.00 Mn |
| Mar 31, 2017 | -726.00 Mn |
| Dec 31, 2016 | -257.00 Mn |
| Sep 30, 2016 | -715.00 Mn |
| Jun 30, 2016 | -711.00 Mn |
| Mar 31, 2016 | -205.00 Mn |
| Dec 31, 2015 | -713.00 Mn |
| Sep 30, 2015 | -740.00 Mn |
| Jun 30, 2015 | -157.00 Mn |
| Mar 31, 2015 | -198.00 Mn |
| Dec 31, 2014 | -142.00 Mn |
| Sep 30, 2014 | -649.00 Mn |
| Jun 30, 2014 | -623.00 Mn |
| Mar 31, 2014 | -67.00 Mn |
| Dec 31, 2013 | -69.00 Mn |
| Sep 30, 2013 | -61.00 Mn |
| Jun 30, 2013 | -283.00 Mn |
| Mar 31, 2013 | -71.00 Mn |
| Dec 31, 2012 | -223.00 Mn |
| Sep 30, 2012 | -59.00 Mn |
| Jun 30, 2012 | -60.00 Mn |
| Mar 31, 2012 | -93.00 Mn |
| Dec 31, 2011 | -47.00 Mn |
| Sep 30, 2011 | -33.00 Mn |
| Jun 30, 2011 | 66.00 Mn |
| Sep 30, 2010 | -2.00 Mn |