Warner Music (WMG) Revenue (2010 - 2026)
Warner Music's Revenue was $1.86 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 10.4% from $1.69 billion a year earlier and up 7.6% from the prior quarter.
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Analysis
Warner Music (WMG) Revenue (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Warner Music's Revenue was $7.3 billion through Jun 30, 2026, up 12.9% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $6.71 billion, up 4.4% from FY2024.
- Revenue has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- In earlier fiscal years, Revenue was $6.43 billion in FY2024 (+6.4%), $6.04 billion in FY2023 (+2.0%), $5.92 billion in FY2022 (+11.7%) and $5.3 billion in FY2021 (+18.8%).
- Quarterly Revenue has moved between $1.38 billion (fiscal Q4 2021) and $1.87 billion (fiscal Q4 2025) over five years.
- Compared with a year earlier, Revenue has increased for five straight quarters, with growth averaging 7.3% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was fiscal Q4 2021 (growth of 22.2%); the worst was fiscal Q1 2023 (a decline of 7.8%).
- Per Business Quant data, WMG's Revenue in the three fiscal quarters before Q3 2026 was $1.73 billion (Q2 2026), $1.84 billion (Q1 2026) and $1.87 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.10 Bn | 166.67 Bn | 11.57 Bn | 25.25 Bn |
| 2 | Warner Music | 14.45 Bn | 11.94 Bn | 854.00 Mn | 1.86 Bn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 776.60 Mn |
| 4 | Angel Studios | 856.70 Mn | 662.19 Mn | 59.96 Mn | 111.71 Mn |
| 5 | Reservoir Media | 626.34 Mn | 538.65 Mn | 26.69 Mn | 41.48 Mn |
| 6 | Kartoon Studios | 37.94 Mn | 20.81 Mn | - | 5.82 Mn |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | - |
| 8 | Nexus Advanced Technologies | 2.25 Mn | -16.36 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | 1.50 Mn |
| 10 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 17.80 Bn |
Historic Data
Download Data
Historic 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 |
API Access
Warner Music Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();