Warner Music Group Music Publishing — Operating Income (Loss) decreased by 6.2% to $61.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $52.00M to $61.00M. Over 3 years (FY 2021 to FY 2024), Music Publishing — Operating Income (Loss) shows an upward trend with a 38.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income indicates strong royalty collection efficiency and effective cost management.
Measures the profitability of the music publishing segment by subtracting operating expenses, including cost of revenue...
A standard benchmark for profitability across all major music publishing entities.
wmg_segment_music_publishing_operating_income_loss| 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 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.00M | $28.00M | $32.00M | $38.00M | $33.00M | $36.00M | $49.00M | $52.00M | $50.00M | $49.00M | $59.50M | $59.50M | $59.50M | $59.50M | $55.00M | $52.00M | $65.00M | $61.00M |
| QoQ Change | — | +33.3% | +14.3% | +18.8% | -13.2% | +9.1% | +36.1% | +6.1% | -3.8% | -2.0% | +21.4% | +0.0% | +0.0% | +0.0% | -7.6% | -5.5% | +25.0% | -6.2% |
| YoY Change | — | — | — | — | +57.1% | +28.6% | +53.1% | +36.8% | +51.5% | +36.1% | +21.4% | +14.4% | +19.0% | +21.4% | -7.6% | -12.6% | +18.2% | +17.3% |