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% quarter-over-quarter from -$1.3 billion in Q4 2025.
Warner Music (WMG) Retained Earnings (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Retained Earnings data on file, last reported at -$1.2 billion in Q1 2026.
- Retained Earnings for Q1 2026 came in at -$1.2 billion, up 4.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 4.72% YoY), and the FY2025 annual result was -$189.0 million, up 23.48% from the prior year.
- Retained Earnings climbed to -$1.2 billion in Q1 2026 per WMG's latest filing, from -$1.3 billion in the prior quarter.
- Over five years, Retained Earnings peaked at -$189.0 million in Q3 2025 and troughed at -$1.5 billion in Q3 2022.
- A 5-year average of -$707.8 million and a median of -$322.0 million in 2023 frame the typical range for Retained Earnings.
- The sharpest annual moves came in 2022 and 2023: Retained Earnings surged 83.25% in 2022, then slumped 421.58% in 2023.
- A 5-year view of Retained Earnings shows it stood at -$276.0 million in 2022, then plunged by 377.17% to -$1.3 billion in 2023, then surged by 71.45% to -$376.0 million in 2024, then slumped by 233.78% to -$1.3 billion in 2025, then gained by 6.61% to -$1.2 billion in 2026.
- Business Quant data shows WMG's Retained Earnings at -$1.2 billion in Q1 2026, -$1.3 billion in Q4 2025, and -$189.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 47.56 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 62.39 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -14.43 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | -449.36 Mn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -1.43 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 7.84 Bn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | -124.00 Mn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | -493,000.00 |
| 9 | News | 15.92 Bn | 14.45 Bn | - | -1.54 Bn |
| 10 | Warner Music | 4.13 Bn | 3.49 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 |