Growth Metrics

Warner Music (WMG) Shares Outstanding (2016 - 2026)

Warner Music has reported Shares Outstanding over the past 16 years, most recently at $146.1 million for Q4 2025.

  • Quarterly Shares Outstanding fell 61.07% to $146.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $146.1 million through Dec 2025, down 61.07% year-over-year, with the annual reading at $146.9 million for FY2025, 3.05% up from the prior year.
  • Shares Outstanding was $375.4 million for Q4 2025 at Warner Music, roughly flat from $375.4 million in the prior quarter.
  • Over five years, Shares Outstanding peaked at $397.5 million in Q1 2021 and troughed at $116.9 million in Q2 2021.
  • The 5-year median for Shares Outstanding is $375.4 million (2024), against an average of $294.0 million.
  • Year-over-year, Shares Outstanding crashed 65.48% in 2022 and then surged 175.26% in 2023.
  • A 5-year view of Shares Outstanding shows it stood at $387.3 million in 2021, then decreased by 2.49% to $377.6 million in 2022, then tumbled by 62.76% to $140.6 million in 2023, then surged by 166.91% to $375.4 million in 2024, then tumbled by 61.07% to $146.1 million in 2025.
  • Per Business Quant, the three most recent readings for WMG's Shares Outstanding are $146.1 million (Q4 2025), $146.9 million (Q3 2025), and $375.4 million (Q2 2025).