Warner Music (WMG) Shares Outstanding (Entity) (2010 - 2026)
Warner Music's Shares Outstanding (Entity) was 523.11 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.4% from 521.27 million a year earlier and up 0.3% from the prior quarter.
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Analysis
Warner Music (WMG) Shares Outstanding (Entity) (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Shares Outstanding (Entity) at Warner Music came in at 520.51 million, up 0.6% from FY2024.
- Shares Outstanding (Entity) has now increased for six consecutive fiscal years, with a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- In earlier fiscal years, Shares Outstanding (Entity) was 517.52 million in FY2024 (+0.3%), 516 million in FY2023 (+0.2%), 514.71 million in FY2022 (+0.2%) and 513.47 million in FY2021 (+0.7%).
- The fiscal Q3 2026 figure marks the highest quarterly Shares Outstanding (Entity) since fiscal Q1 2022.
- Compared with a year earlier, Shares Outstanding (Entity) has increased for 14 straight quarters, with growth averaging 0.5% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was fiscal Q1 2022 (growth of 24.4%); the worst was fiscal Q1 2023 (a decline of 1.8%).
- Per Business Quant data, WMG's Shares Outstanding (Entity) in the three fiscal quarters before Q3 2026 was 521.62 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 (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | 1.73 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | 523.11 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 297.56 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | 184.24 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | 65.93 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | 62.20 Mn |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | 113.76 Mn |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | 2.14 Mn |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | 5.80 Mn |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 523.11 Mn |
| Mar 31, 2026 | 521.62 Mn |
| Dec 31, 2025 | 522.14 Mn |
| Sep 30, 2025 | 520.51 Mn |
| Jun 30, 2025 | 521.27 Mn |
| Mar 31, 2025 | 520.32 Mn |
| Dec 31, 2024 | 519.68 Mn |
| Sep 30, 2024 | 517.52 Mn |
| Jun 30, 2024 | 517.88 Mn |
| Mar 31, 2024 | 517.91 Mn |
| Dec 31, 2023 | 516.46 Mn |
| Sep 30, 2023 | 516.00 Mn |
| Jun 30, 2023 | 515.99 Mn |
| Mar 31, 2023 | 515.97 Mn |
| Dec 31, 2022 | 515.07 Mn |
| Sep 30, 2022 | 514.71 Mn |
| Jun 30, 2022 | 514.85 Mn |
| Mar 31, 2022 | 514.78 Mn |
| Dec 31, 2021 | 524.46 Mn |
| Sep 30, 2021 | 513.47 Mn |
API Access
Warner Music Shares Outstanding (Entity) 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-entity&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();