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Total Revenue at other companies

Reservoir Media, Inc. logo
Reservoir Media, Inc.RSVR
$47.5M+14.7%
Alliance Entertainment Holding Corp. logo
Alliance Entertainment Holding Corp.AENT
$268.1M+17.7%
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
$8.72B-11.2%

Segments

By product

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Digital$1.25B+10.4%
Artist services and expanded-rights$224M+14.9%
Physical$137M+15.1%
Licensing$111M0.0%
Synchronization$60M+11.1%
Performance$59M+1.7%

By geography

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United States$2.87B+3.8%
United Kingdom$774M+6.6%
Germany$513M-4.1%

By segment

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Recorded Music$1.49B+9.9%
Music Publishing$377M+12.2%

Other financials

Income statement

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Gross profit$854.0M+10.1%
Operating income$305.0M+80.5%
Net income$204.0M+1,375%
EPS (diluted)$0.39+1,400%

Balance sheet

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Cash & equivalents$618.0M+17.3%
Total debt$875.0M-79.7%
Total equity$854.0M+45.0%
Total assets$10.7B+9.7%

Cash flow

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Operating cash flow$142.0M+209%
CapEx$28.0M-28.2%
Free cash flow$114.0M+1,529%

Valuation

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Market cap$14.15B-20.6%
Enterprise value$14.41B-19.2%
P/E21.1×-27.8×
P/S1.9×-0.7×

Profitability

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Gross margin45.8%-0.9pp
Operating margin13.7%+3.0pp
Net margin9.2%+4.6pp
FCF margin11.4%+2.1pp

Returns & leverage

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Return on equity93.1%+37.7pp
Debt / equity1×-6.3×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Warner Music Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Warner Music Group’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:05 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001319161-26-000032
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Revenue$1,864$1,689$5,436$4,839
Costs and expenses:
Cost of revenue(1,010)(913)(2,927)(2,598)
Selling, general and administrative expenses (a)(464)(471)(1,382)(1,395)
Restructuring and impairments(7)(69)(47)(109)
Amortization expense(78)(67)(218)(186)
Total costs and expenses(1,559)(1,520)(4,574)(4,288)
Net loss on divestitures——(5)—

Item 1. Financial Statements (Unaudited)

FAQ

What is Warner Music Group's total revenue?
Warner Music Group (WMG) reported total revenue of $1.86B in Q2 2026.
How has Warner Music Group's total revenue changed year-over-year?
Warner Music Group's total revenue increased by 10.4% year-over-year, from $1.69B to $1.86B.
What is the long-term trend for Warner Music Group's total revenue?
Over 3 years (2022 to 2025), Warner Music Group's total revenue has grown at a 4.3% compound annual growth rate (CAGR), from $5.92B to $6.71B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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