Warner Music (WMG) Retained Earnings (2010 - 2026)
Warner Music's (WMG) quarterly Retained Earnings came in at -$225.0 million in Q1 2026, up 81.71% year-on-year from -$123.8 million in Q1 2025, and down 25.0% on a QoQ basis from -$180.0 million 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 -$225.0 million in Q1 2026.
- On a quarterly basis, Retained Earnings rose 81.71% year-over-year to -$225.0 million in Q1 2026; TTM through Mar 2026 was -$225.0 million, a 81.71% increase from a year earlier, with the FY2025 full-year figure at -$189.0 million, up 85.61% from the prior year.
- Retained Earnings for Q1 2026 stood at -$225.0 million, down from -$180.0 million in the prior quarter.
- Over the last five years, Retained Earnings for WMG reached as high as -$174.0 million in Q2 2025 and fell as low as -$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.
- Across the five-year window, Retained Earnings surged 86.08% in 2022 and slumped 544.16% in 2023, its largest moves.
- Year by year, Retained Earnings stood at -$276.0 million in 2022, then rose by 5.8% to -$260.0 million in 2023, then slumped by 350.38% to -$1.2 billion in 2024, then surged by 84.63% to -$180.0 million in 2025, then slipped by 25.0% to -$225.0 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$225.0 million in Q1 2026, -$180.0 million 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 | 286.85 Bn | 277.73 Bn | 6.52 Bn | 50.97 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -2.95 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 55.87 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -85.54 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | -111.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | -1.50 Bn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | -1.38 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | -124.00 Mn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | -452.00 Mn |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | -225.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -194.00 Mn |