Free cash flow
Warner Music Group Free cash flow decreased by 76.4% to $99.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 200.0%, from $33.00M to $99.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows relatively stable performance with a -0.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved operational efficiency or reduced capital intensity, providing more flexibility for capital allocation. A decrease may indicate higher investment in R&D or infrastructure, or potential challenges in converting earnings into cash.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
Large-cap medical device and pharmaceutical peers typically maintain strong, positive free cash flow, though levels vary based on the intensity of R&D spending and the lifecycle stage of major product lines.
free_cash_flowHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $71.00M | $193.00M | $95.00M | $16.00M | $128.00M | $368.00M | $188.00M | $0.00 | $113.00M | $300.00M | $264.00M | $0.00 | $160.00M | $271.00M | $296.00M | $33.00M | $7.00M | $203.00M | $420.00M | $99.00M |
| QoQ Change | — | +171.8% | -50.8% | -83.2% | +700.0% | +187.5% | -48.9% | -100.0% | — | +165.5% | -12.0% | -100.0% | — | +69.4% | +9.2% | -88.9% | -78.8% | >999% | +106.9% | -76.4% |
| YoY Change | — | — | — | — | +80.3% | +90.7% | +97.9% | -100.0% | -11.7% | -18.5% | +40.4% | — | +41.6% | -9.7% | +12.1% | — | -95.6% | -25.1% | +41.9% | +200.0% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Warner Music Group's free cash flow?
- Warner Music Group (WMG) reported free cash flow of $99.00M in Q1 2026.
- How has Warner Music Group's free cash flow changed year-over-year?
- Warner Music Group's free cash flow increased by 200.0% year-over-year, from $33.00M to $99.00M.
- What is the long-term trend for Warner Music Group's free cash flow?
- Over 4 years (2021 to 2025), Warner Music Group's free cash flow has grown at a -0.3% compound annual growth rate (CAGR), from $545.00M to $539.00M.
- What does free cash flow mean?
- The cash remaining after a company pays for its operating expenses and capital investments.