Warner Music (WMG) Retained Earnings (2010 - 2026)
Warner Music (WMG) posted quarterly Retained Earnings of -$225.0 million for Q1 2026, up 81.71% year-over-year from -$123.8 million in Q1 2025, and down 25.0% quarter-over-quarter from -$180.0 million in Q4 2025.
Warner Music (WMG) Retained Earnings (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Retained Earnings for 17 consecutive years, with -$225.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Retained Earnings rose 81.71% year-over-year to -$225.0 million; the TTM figure through Mar 2026 stood at -$225.0 million (up 81.71% YoY), while the FY2025 annual figure was -$189.0 million, up 85.61% from the prior year.
- Retained Earnings fell to -$225.0 million in Q1 2026 per WMG's latest filing, from -$180.0 million in the prior quarter.
- Across five years, Retained Earnings topped out at -$174.0 million in Q2 2025 and bottomed at -$1.5 billion in Q1 2023.
- Historically, Retained Earnings has averaged -$504.3 million across 5 years, with a median of -$278.0 million in 2022.
- Annual changes were most pronounced in 2022 — Retained Earnings jumped 86.08% — and 2023, when it plunged 544.16%.
- Warner Music's Retained Earnings stood at -$276.0 million in 2022, then grew by 5.8% to -$260.0 million in 2023, then slumped by 350.38% to -$1.2 billion in 2024, then soared by 84.63% to -$180.0 million in 2025, then retreated by 25.0% to -$225.0 million in 2026.
- Business Quant data shows WMG's Retained Earnings at -$225.0 million in Q1 2026, -$180.0 million in Q4 2025, and -$189.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 50.97 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 65.05 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 56.02 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.39 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 4.46 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 7.76 Bn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | -1.40 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | -1.55 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | -1.41 Bn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | -1.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.07 Bn |
| Mar 31, 2026 | -225.00 Mn |
| Dec 31, 2025 | -180.00 Mn |
| Sep 30, 2025 | -189.00 Mn |
| Jun 30, 2025 | -174.00 Mn |
| Mar 31, 2025 | -1.23 Bn |
| Dec 31, 2024 | -1.17 Bn |
| Sep 30, 2024 | -1.31 Bn |
| Jun 30, 2024 | -311.00 Mn |
| Mar 31, 2024 | -301.00 Mn |
| Dec 31, 2023 | -260.00 Mn |
| Sep 30, 2023 | -322.00 Mn |
| Jun 30, 2023 | -277.00 Mn |
| Mar 31, 2023 | -1.49 Bn |
| Dec 31, 2022 | -276.00 Mn |
| Sep 30, 2022 | -347.00 Mn |
| Jun 30, 2022 | -278.00 Mn |
| Mar 31, 2022 | -231.00 Mn |
| Dec 31, 2021 | -220.00 Mn |
| Sep 30, 2021 | -202.00 Mn |