Warner Music (WMG) Shares Outstanding (2009 - 2026)
Warner Music (WMG) posted Weighted Average Shares Outstanding of 375.38 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), unchanged from 375.38 million a year earlier and unchanged from the prior quarter.
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Analysis
Warner Music (WMG) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Warner Music's Weighted Average Shares Outstanding came in at 520.51 million, up 0.6% from FY2024.
- Annual Weighted Average Shares Outstanding shows a five-year compound annual growth rate of 0.6% (FY2020 to FY2025).
- In prior fiscal years, Warner Music's Weighted Average Shares Outstanding was 517.52 million in FY2024 (+37.0%), 377.65 million in FY2023 (-26.6%), 514.71 million in FY2022 (+0.2%) and 513.47 million in FY2021 (+1.8%).
- Quarterly Weighted Average Shares Outstanding has run from a low of 375.38 million in fiscal Q1 2025 to a high of 522.14 million in fiscal Q1 2026 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding increased in four of the last eight quarters, with growth averaging 4.0%.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding in the past five years was fiscal Q1 2026, with growth of 39.1%; the weakest was fiscal Q2 2026, with a decline of 27.9%.
- According to Business Quant data, Weighted Average Shares Outstanding for the three prior fiscal quarters was 375.38 million (Q2 2026), 522.14 million (Q1 2026) and 520.51 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 205.42 Bn | 189.99 Bn | 11.57 Bn | 1.74 Bn |
| 2 | Warner Music | 16.90 Bn | 14.39 Bn | 854.00 Mn | 375.38 Mn |
| 3 | Lionsgate Studios | 4.18 Bn | 2.90 Bn | 240.40 Mn | 297.60 Mn |
| 4 | Angel Studios | 905.05 Mn | 728.30 Mn | 100.00 Mn | 189.35 Mn |
| 5 | Reservoir Media | 675.30 Mn | 590.68 Mn | 32.16 Mn | 66.00 Mn |
| 6 | Kartoon Studios | 31.10 Mn | -22.52 Mn | 1.19 Mn | 66.16 Mn |
| 7 | American Picture House | 4.55 Mn | 4.55 Mn | - | 113.56 Mn |
| 8 | Nexus Advanced Technologies | 792,061.23 | -15.85 Mn | - | 2.05 Mn |
| 9 | AI Era | 58,016.81 | -592,216.19 | - | 5.46 Mn |
| 10 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 5.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 375.38 Mn |
| Mar 31, 2026 | 375.38 Mn |
| Dec 31, 2025 | 522.14 Mn |
| Sep 30, 2025 | 520.51 Mn |
| Jun 30, 2025 | 375.38 Mn |
| Mar 31, 2025 | 520.32 Mn |
| Dec 31, 2024 | 375.38 Mn |
| Sep 30, 2024 | 517.52 Mn |
| Jun 30, 2024 | 517.88 Mn |
| Mar 31, 2024 | 376.80 Mn |
| Dec 31, 2023 | 516.46 Mn |
| Sep 30, 2023 | 377.65 Mn |
| Jun 30, 2023 | 377.65 Mn |
| Mar 31, 2023 | 377.65 Mn |
| Dec 31, 2022 | 515.07 Mn |
| Sep 30, 2022 | 514.71 Mn |
| Jun 30, 2022 | 377.65 Mn |
| Mar 31, 2022 | 514.78 Mn |
| Dec 31, 2021 | 390.95 Mn |
| Sep 30, 2021 | 513.47 Mn |
API Access
Warner Music Shares Outstanding 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=shares-outstanding&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();