Growth Metrics

Warner Music (WMG) Shares Outstanding (Diluted Average) (2010 - 2026)

Warner Music (WMG) reported Shares Outstanding (Diluted Average) of $149.4 million for Q1 2026, up 3.76% year-over-year from $144.0 million in Q1 2025, and up 1.81% on a QoQ basis from $146.8 million in Q4 2025.

Warner Music (WMG) has 9 years of Shares Outstanding (Diluted Average) data on file, last reported at $149.4 million in Q1 2026.

  • Quarterly Shares Outstanding (Diluted Average) rose 3.76% year-over-year to $149.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $149.4 million (up 3.76% YoY) and the FY2025 annual result came in at $375.4 million, changed 0.33% from the prior year.
  • Shares Outstanding (Diluted Average) improved to $149.4 million in Q1 2026 per WMG's latest filing, from $146.8 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $384.4 million in Q1 2022 and bottomed at $132.5 million in Q2 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $149.4 million (2026), against an average of $252.3 million.
  • The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) sank 67.28%; it then soared 185.03% in 2023.
  • Tracing WMG's Shares Outstanding (Diluted Average) over 5 years: stood at $137.4 million in 2022, then jumped by 174.69% to $377.5 million in 2023, then decreased by 0.56% to $375.4 million in 2024, then slumped by 60.9% to $146.8 million in 2025, then grew by 1.81% to $149.4 million in 2026.
  • Per Business Quant, the three latest WMG Shares Outstanding (Diluted Average) figures stand at $149.4 million (Q1 2026), $146.8 million (Q4 2025), and $375.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 4.30 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 1.77 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 2.49 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 232.40 Mn
5 Fox 26.01 Bn 22.51 Bn - 443.00 Mn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn -
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 151.02 Mn
8 News 16.98 Bn 15.50 Bn - -
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn -
10 Warner Music 4.58 Bn 3.94 Bn 802.00 Mn 149.41 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 149.41 Mn
Dec 31, 2025 146.76 Mn
Sep 30, 2025 375.38 Mn
Jun 30, 2025 144.62 Mn
Mar 31, 2025 144.00 Mn
Dec 31, 2024 375.38 Mn
Sep 30, 2024 376.64 Mn
Jun 30, 2024 141.57 Mn
Mar 31, 2024 376.80 Mn
Dec 31, 2023 377.49 Mn
Sep 30, 2023 377.65 Mn
Jun 30, 2023 377.65 Mn
Mar 31, 2023 138.26 Mn
Dec 31, 2022 137.42 Mn
Sep 30, 2022 133.66 Mn
Jun 30, 2022 132.49 Mn
Mar 31, 2022 384.44 Mn
Dec 31, 2021 123.97 Mn
Sep 30, 2021 110.56 Mn
Jun 30, 2021 404.93 Mn
Mar 31, 2021 408.67 Mn
Dec 31, 2020 94.22 Mn
Sep 30, 2020 477.62 Mn
Jun 30, 2020 483.80 Mn
Jun 30, 2011 151.80 Mn
Mar 31, 2011 150.50 Mn
Dec 31, 2010 150.00 Mn
Sep 30, 2010 149.70 Mn
Jun 30, 2010 149.60 Mn