Business Segments · Operating Income (Loss)

Music Publishing — Operating Income (Loss)

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ2 2026May 7, 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong royalty collection efficiency and effective cost management.

Detailed definition

Measures the profitability of the music publishing segment by subtracting operating expenses, including cost of revenue...

Peer comparison

A standard benchmark for profitability across all major music publishing entities.

Metric ID: wmg_segment_music_publishing_operating_income_loss

Historical Data

18 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26Q2 '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%
Range$21.00M$65.00M
CAGR+28.5%
Avg YoY Growth+25.4%
Median YoY Growth+21.4%

Frequently Asked Questions

What is Warner Music Group's music publishing — operating income (loss)?
Warner Music Group (WMG) reported music publishing — operating income (loss) of $61.00M in Q1 2026.
How has Warner Music Group's music publishing — operating income (loss) changed year-over-year?
Warner Music Group's music publishing — operating income (loss) increased by 17.3% year-over-year, from $52.00M to $61.00M.
What is the long-term trend for Warner Music Group's music publishing — operating income (loss)?
Over 3 years (2021 to 2024), Warner Music Group's music publishing — operating income (loss) has grown at a 38.8% compound annual growth rate (CAGR), from $89.00M to $238.00M.
What does music publishing — operating income (loss) mean?
The profit earned from music publishing operations before interest and taxes.