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| Date | Value |
|---|---|
| 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 |