Warner Music Group Corp. (WMG)
Communication Services · Entertainment · NasdaqGS
Warner Music Group Corp. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.25B | $3.58B | $4.00B | $4.47B | $4.46B | $5.30B | $5.92B | $6.04B | $6.43B | $6.71B |
| Gross profit | $1.54B | $1.65B | $1.83B | $2.07B | $2.13B | $2.56B | $2.84B | $2.86B | $3.07B | $3.08B |
| Net income | $25.00M | $143.00M | $307.00M | $256.00M | $-475.00M | $304.00M | $551.00M | $430.00M | $435.00M | $365.00M |
| Net margin | 0.8% | 4.0% | 7.7% | 5.7% | -10.6% | 5.7% | 9.3% | 7.1% | 6.8% | 5.4% |
Source: Warner Music Group Corp. SEC filings (10-K). 15 years of history available in the interactive view.
Explore 15 years of Warner Music Group Corp. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About Warner Music Group Corp.
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
Warner Music Group Corp. — frequently asked questions
What is Warner Music Group Corp.'s revenue?
Warner Music Group Corp. (WMG) reported revenue of $6.71B for fiscal year 2025, up 4.4% from the prior year, according to its SEC filings.
Is Warner Music Group Corp. profitable?
Yes. WMG earned net income of $365.00M in fiscal 2025, a net margin of 5.4%.
What is WMG's P/E ratio?
Warner Music Group Corp. trades at a price-to-earnings ratio of about 34.2 based on the latest data in our nightly-refreshed cache.
How fast is Warner Music Group Corp. growing?
WMG's revenue grew at roughly 8.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Warner Music Group Corp.'s official SEC filings (10-K and 10-Q), covering 15 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.