Warner Music (WMG) Revenue (2010 - 2026)
Warner Music (WMG) posted quarterly Revenue of $1.7 billion for Q1 2026, up 16.71% year-over-year from $1.5 billion in Q1 2025, and down 5.87% quarter-over-quarter from $1.8 billion in Q4 2025.
Warner Music (WMG) Revenue (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Revenue for 17 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue rose 16.71% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $7.1 billion (up 12.55% YoY), while the FY2025 annual figure was $6.7 billion, up 4.37% from the prior year.
- Revenue eased to $1.7 billion in Q1 2026 per WMG's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Revenue topped out at $1.9 billion in Q3 2025 and bottomed at $1.4 billion in Q1 2022.
- Historically, Revenue has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2023.
- Annual changes were most pronounced in 2022 — Revenue declined 7.81% — and 2023, when it advanced 17.47%.
- Warner Music's Revenue stood at $1.5 billion in 2022, then climbed by 17.47% to $1.7 billion in 2023, then declined by 4.69% to $1.7 billion in 2024, then gained by 10.44% to $1.8 billion in 2025, then dropped by 5.87% to $1.7 billion in 2026.
- Business Quant data shows WMG's Revenue at $1.7 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.9 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 12.56 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 25.25 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.72 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 7.67 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 4.21 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 934.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 1.35 Bn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 2.34 Bn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.55 Bn |
| 10 | Warner Music | 9.85 Bn | 9.23 Bn | 854.00 Mn | 1.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.86 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.84 Bn |
| Sep 30, 2025 | 1.87 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.63 Bn |
| Jun 30, 2024 | 1.55 Bn |
| Mar 31, 2024 | 1.49 Bn |
| Dec 31, 2023 | 1.75 Bn |
| Sep 30, 2023 | 1.59 Bn |
| Jun 30, 2023 | 1.56 Bn |
| Mar 31, 2023 | 1.40 Bn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.50 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.38 Bn |