How has Warner Music Group's music publishing — sales & marketing changed year-over-year?

Warner Music Group's music publishing — sales & marketing decreased by 0.0% year-over-year, from $1M to $1M.

What does music publishing — sales & marketing mean?

Costs incurred to promote musical compositions, secure sync placements, and maintain relationships with songwriters and industry partners. This reflects the effort to maximize the commercial utility of the publishing catalog.

Warner Music Group WMG Music Publishing — Sales & Marketing

Other segment segments

Recorded Music

$159M+6.7%

Similar metrics at other companies

COCHSales and marketing

$164K-54.2%

ISPRSales and marketing

$1.09M-34.1%

HITSales and marketing

$2.29M+110%

RRSales and marketing

$188K-23.3%

CBATSales and marketing

$2M+123%

SNPSSales & Marketing

$382M+77.7%

Other financials

Income statement

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Revenue$1.7B+16.7%

Gross profit$802.0M+15.7%

Operating income$264.0M+57.1%

Net income$183.0M+408%

Balance sheet

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Cash & equivalents$741.0M+16.3%

Total debt$895.0M-79.0%

Total equity$738.0M+30.2%

Total assets$10.6B+10.9%

Cash flow

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Operating cash flow$126.0M+82.6%

CapEx$27.0M-25.0%

Free cash flow$99.0M+200%

Valuation

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Market cap$13.85B-14.4%

Enterprise value$14B-29.9%

P/E30.6×-23.8×

P/S1.9×-0.6×

Profitability

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Gross margin45.8%-1.0pp

Operating margin12.1%+0.6pp

Net margin6.3%-0.8pp

FCF margin10.2%-1.8pp

Returns & leverage

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Return on equity69.3%-21.1pp

Debt / equity1.2×-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:SellingAndMarketingExpense.

The official record: Warner Music Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Music Group's music publishing — sales & marketing?: Warner Music Group (WMG) reported music publishing — sales & marketing of $1M in Q1 2026.
How has Warner Music Group's music publishing — sales & marketing changed year-over-year?: Warner Music Group's music publishing — sales & marketing decreased by 0.0% year-over-year, from $1M to $1M.
What does music publishing — sales & marketing mean?: Costs incurred to promote musical compositions, secure sync placements, and maintain relationships with songwriters and industry partners. This reflects the effort to maximize the commercial utility of the publishing catalog.