Operating Income

Gross Profit

Warner Music Group Gross Profit decreased by 6.0% to $802.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.7%, from $693.00M to $802.00M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 4.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026May 7, 2026

How to read this metric

An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.

Detailed definition

Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...

Peer comparison

Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.

Metric ID: gross_profit

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$659.00M$624.00M$796.00M$679.00M$666.00M$698.00M$727.00M$678.00M$714.00M$741.00M$868.00M$703.00M$724.00M$776.00M$772.00M$693.00M$776.00M$834.00M$853.00M$802.00M
QoQ Change-5.3%+27.6%-14.7%-1.9%+4.8%+4.2%-6.7%+5.3%+3.8%+17.1%-19.0%+3.0%+7.2%-0.5%-10.2%+12.0%+7.5%+2.3%-6.0%
YoY Change+1.1%+11.9%-8.7%-0.1%+7.2%+6.2%+19.4%+3.7%+1.4%+4.7%-11.1%-1.4%+7.2%+7.5%+10.5%+15.7%
Range$624.00M$868.00M
CAGR+4.2%
Avg YoY Growth+4.7%
Median YoY Growth+5.4%

Gross Profit at Other Companies

Frequently Asked Questions

What is Warner Music Group's gross profit?
Warner Music Group (WMG) reported gross profit of $802.00M in Q1 2026.
How has Warner Music Group's gross profit changed year-over-year?
Warner Music Group's gross profit increased by 15.7% year-over-year, from $693.00M to $802.00M.
What is the long-term trend for Warner Music Group's gross profit?
Over 4 years (2021 to 2025), Warner Music Group's gross profit has grown at a 4.7% compound annual growth rate (CAGR), from $2.56B to $3.08B.
What does gross profit mean?
The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.