When did Warner Music Group report Q2 2025 earnings?

Warner Music Group (WMG) reported Q2 2025 earnings on May 8, 2025 before market open.

What were Warner Music Group's Q2 2025 revenue and EPS?

Warner Music Group reported revenue of $1.5B and diluted EPS of $0.07 for Q2 2025.

Did Warner Music Group beat estimates in Q2 2025?

Revenue missed the consensus estimate of $1.5B by $33.0M. EPS missed the consensus estimate of $0.28 by $0.21.

How did Warner Music Group's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 0.7% from $1.5B a year earlier and diluted EPS declined 61.1% from $0.18.

Where can I find Warner Music Group's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001319161-25-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.

Warner Music Group WMG Q2 2025 earnings

Reported May 8, 2025 · Before market open

Revenue$1.5BMiss by $33.0M Diluted EPS$0.07Miss by $0.21

Revenue estimate$1.5B

EPS estimate$0.28

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$1.8B

EPS estimate$0.38

Financials

Q2 2025

Income statement

See full

Revenue$1.5B-0.7%

Gross profit$693.0M-1.4%

Operating income$168.0M+41.2%

Net income$36.0M-62.5%

Balance sheet

See full

Cash & equivalents$637.0M+8.5%

Total debt$4.3B-0.3%

Total equity$567.0M+30.9%

Total assets$9.6B+9.6%

Cash flow

See full

Operating cash flow$69.0M—

CapEx$36.0M+38.5%

Free cash flow$33.0M—

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$16.31B-4.3%

Enterprise value$19.93B-3.9%

P/E36.1×+3.9×

P/S2.6×-0.1×

Profitability

See full

Gross margin46.8%-0.5pp

Operating margin11.6%-2.1pp

Net margin7.1%-1.1pp

FCF margin12%+1.4pp

Returns & leverage

See full

Return on equity90.4%-64.1pp

Debt / equity7.5×-2.4×

Current ratio0.7×0.0×

Segments

By product

See full

Digital$1.0B-0.6%

Artist services and expanded-rights$117.0M-7.1%

Physical$112.0M+0.9%

Licensing$105.0M+1.0%

Performance$53.0M+1.9%

By geography

See full

United States$718.5M—

United Kingdom$214.3M—

Germany$128.8M—

By segment

See full

Recorded Music$1.2B-1.2%

Music Publishing$310.0M+1.3%

Versus estimates

Revenue

Q2 2026$1.7BBeat by $119.7M Q1 2026$1.8BBeat by $67.2M Q4 2025$1.9BBeat by $96.0M Q3 2025$1.7BBeat by $95.7M

Q2 2025$1.5BMiss by $33.0M

Q1 2025$1.7BBeat by $131.3M

Diluted EPS

Q2 2026$0.44Beat by $0.14 Q1 2026$0.33Miss by $0.07 Q4 2025$0.21Miss by $0.14 Q3 2025-$0.03Miss by $0.32

Q2 2025$0.07Miss by $0.21

Q1 2025$0.45Beat by $0.11

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Questions, answered.

When did Warner Music Group report Q2 2025 earnings?: Warner Music Group (WMG) reported Q2 2025 earnings on May 8, 2025 before market open.
What were Warner Music Group's Q2 2025 revenue and EPS?: Warner Music Group reported revenue of $1.5B and diluted EPS of $0.07 for Q2 2025.
Did Warner Music Group beat estimates in Q2 2025?: Revenue missed the consensus estimate of $1.5B by $33.0M. EPS missed the consensus estimate of $0.28 by $0.21.
How did Warner Music Group's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 0.7% from $1.5B a year earlier and diluted EPS declined 61.1% from $0.18.
Where can I find Warner Music Group's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001319161-25-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.