Screener
Warner Music Group WMG Business Segments
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Music Publishing | $377M+12.2% | $353M+13.9% | $362M+12.1% | $337M+14.2% | $336M+10.2% | |
| Recorded Music | $1.49B+9.9% | $1.38B+17.4% | $1.48B+10.0% | $1.53B+14.6% | $1.35B+8.2% | |
| Revenue by Product | ||||||
| Artist services and expanded-rights | $224M+14.9% | $164M+40.2% | $231M+17.9% | $327M+67.7% | $195M+22.6% | |
| Digital | $1.25B+10.4% | $1.2B+16.5% | $1.19B+10.3% | $1.15B+8.0% | $1.13B+5.3% | |
| Licensing | $111M0.0% | $104M-1.0% | $121M+10.0% | $126M-1.6% | $111M+23.3% | |
| Mechanical | $19M+18.8% | $17M+6.3% | $18M+28.6% | $17M+13.3% | $16M+23.1% | |
| Other | $4M0.0% | $4M0.0% | $5M-28.6% | $3M-40.0% | $4M0.0% | |
| Performance | $59M+1.7% | $58M+9.4% | $64M+14.3% | $61M+41.9% | $58M+11.5% | |
| Physical | $137M+15.1% | $137M+22.3% | $152M-8.4% | $130M-3.0% | $119M-0.8% | |
| Synchronization | $60M+11.1% | $50M+2.0% | $60M+53.8% | $55M+19.6% | $54M+28.6% | |
| Revenue by Geography | ||||||
| International | $1.08B+12.0% | $990M+19.7% | $1.08B+11.6% | $1.08B+17.9% | $968M+10.3% |
FAQ
- How does Warner Music Group break its business down?
- Warner Music Group (WMG) reports revenue by business across 2 parts — Music Publishing and Recorded Music. Each is extracted from the segment footnotes and tracked over time.
- Where does Warner Music Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Warner Music Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
