When did Warner Music Group report Q3 2025 earnings?

Warner Music Group (WMG) reported Q3 2025 earnings on August 7, 2025 before market open.

What were Warner Music Group's Q3 2025 revenue and EPS?

Warner Music Group reported revenue of $1.7B and diluted EPS of $-0.03 for Q3 2025.

Did Warner Music Group beat estimates in Q3 2025?

Revenue beat the consensus estimate of $1.6B by $95.7M. EPS missed the consensus estimate of $0.29 by $0.32.

How did Warner Music Group's Q3 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 8.7% from $1.6B a year earlier.

Where can I find Warner Music Group's Q3 2025 SEC filings?

You can read the 10-Q periodic report (0001319161-25-000023) directly on SEC EDGAR. The filing index links above go to sec.gov.

Warner Music Group WMG Q3 2025 earnings

Reported August 7, 2025 · Before market open

Revenue$1.7BBeat by $95.7M Diluted EPS-$0.03Miss by $0.32

Revenue estimate$1.6B

EPS estimate$0.29

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$1.8B

EPS estimate$0.38

Financials

Q3 2025

Income statement

See full

Revenue$1.7B+8.7%

Gross profit$776.0M+7.2%

Operating income$169.0M-18.4%

Net income-$16.0M-112%

Balance sheet

See full

Cash & equivalents$527.0M-13.2%

Total debt$4.3B+1.5%

Total equity$589.0M+21.9%

Total assets$9.8B+10.7%

Cash flow

See full

Operating cash flow$46.0M-75.5%

CapEx$39.0M+39.3%

Free cash flow$7.0M-95.6%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$14.08B-11.3%

Enterprise value$17.87B-8.4%

P/E47.4×+18.4×

P/S2.2×-0.3×

Profitability

See full

Gross margin46.6%-0.9pp

Operating margin10.7%-3.2pp

Net margin4.6%-4.0pp

FCF margin9.4%-2.0pp

Returns & leverage

See full

Return on equity55.4%-87.5pp

Debt / equity7.3×-1.5×

Current ratio0.7×0.0×

Segments

By product

See full

Digital$1.1B+5.3%

Artist services and expanded-rights$195.0M+22.6%

Physical$119.0M-0.8%

Licensing$111.0M+23.3%

Performance$58.0M+11.5%

By segment

See full

Recorded Music$1.4B+8.2%

Music Publishing$336.0M+10.2%

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 Q3 2025 earnings?: Warner Music Group (WMG) reported Q3 2025 earnings on August 7, 2025 before market open.
What were Warner Music Group's Q3 2025 revenue and EPS?: Warner Music Group reported revenue of $1.7B and diluted EPS of $-0.03 for Q3 2025.
Did Warner Music Group beat estimates in Q3 2025?: Revenue beat the consensus estimate of $1.6B by $95.7M. EPS missed the consensus estimate of $0.29 by $0.32.
How did Warner Music Group's Q3 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 8.7% from $1.6B a year earlier.
Where can I find Warner Music Group's Q3 2025 SEC filings?: You can read the 10-Q periodic report (0001319161-25-000023) directly on SEC EDGAR. The filing index links above go to sec.gov.